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NYSE: FCX
Freeport Mcmoran Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for FCX

Based on 13 analysts offering 12 month price targets for Freeport Mcmoran Inc.
Min Forecast
$24.00-36.86%
Avg Forecast
$39.69+4.43%
Max Forecast
$56.00+47.33%

Should I buy or sell FCX stock?

Based on 14 analysts offering ratings for Freeport Mcmoran Inc.
Hold
Strong Buy
1 analysts 7.14%
Buy
3 analysts 21.43%
Hold
9 analysts 64.29%
Sell
0 analysts 0%
Strong Sell
1 analysts 7.14%

Be the first to know when Wall Street analysts revise their FCX stock forecasts and price targets.

FCX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
ScotiaBank
Top 26%
75
BuyUpgrades$50.00+31.54%2023-03-14
UBS
Top 16%
85
HoldMaintains$41.00+7.87%2023-02-27
Raymond James
Bottom 28%
28
BuyMaintains$48.00+26.28%2023-01-31
Citigroup
Top 11%
90
HoldMaintains$46.00+21.02%2023-01-26
RBC Capital
Top 28%
73
HoldMaintains$47.00+23.65%2023-01-26
Goldman Sachs
Top 8%
93
Strong BuyMaintains$39.00+2.60%2022-10-13
Exane BNP Paribas
Bottom 44%
44
HoldDowngrades$29.00-23.70%2022-10-06
Deutsche Bank
Top 24%
77
HoldMaintains$30.00-21.07%2022-10-05
Barclays
Top 18%
83
Strong SellMaintains$24.00-36.86%2022-07-19
Anonymous
Goldman Sachs
Strong BuyMaintains$46.00+21.02%2022-07-14

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Forecast return on equity

Is FCX forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
28.63%

Forecast return on assets

Is FCX forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

FCX earnings per share forecast

What is FCX's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$2.36-1.67%
Avg 2 year Forecast
$2.83+17.92%
Avg 3 year Forecast
$2.84+18.33%
FCX's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

FCX revenue forecast

What is FCX's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$25.2B+10.7%
Avg 2 year Forecast
$24.6B+8.05%
Avg 3 year Forecast
$24.2B+6.07%
FCX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FCX earnings growth forecast

How is FCX forecast to perform vs Copper companies and vs the US market?
Company
6.93%
Industry
7.52%
Market
19.51%
FCX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FCX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FCX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

FCX revenue growth forecast

How is FCX forecast to perform vs Copper companies and vs the US market?
Company
1.94%
Industry
1.91%
Market
8.77%
FCX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FCX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FCX vs Copper Stocks

TickerPricePrice TargetUp/downsideConsensus
FCX$38.01$39.69+4.43%Hold
SCCO$71.24$49.20-30.94%Sell
ERO$16.66$15.54-6.71%Strong Buy
HBM$4.83$7.39+52.94%Strong Buy
View Top Copper Stocks

Freeport Mcmoran Stock Forecast FAQ

Is Freeport Mcmoran Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: FCX) stock is to Hold FCX stock.

Out of 14 analysts, 1 (7.14%) are recommending FCX as a Strong Buy, 3 (21.43%) are recommending FCX as a Buy, 9 (64.29%) are recommending FCX as a Hold, 0 (0%) are recommending FCX as a Sell, and 1 (7.14%) are recommending FCX as a Strong Sell.

If you're new to stock investing, here's how to buy Freeport Mcmoran stock.

What is FCX's earnings growth forecast for 2023-2025?

(NYSE: FCX) Freeport Mcmoran's forecast annual earnings growth rate of 6.93% is not forecast to beat the US Copper industry's average forecast earnings growth rate of 7.52%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.51%.

Freeport Mcmoran's earnings in 2023 is $3,468,000,000.On average, 9 Wall Street analysts forecast FCX's earnings for 2023 to be $3,376,437,106, with the lowest FCX earnings forecast at $1,359,159,005, and the highest FCX earnings forecast at $5,465,249,892. On average, 6 Wall Street analysts forecast FCX's earnings for 2024 to be $4,048,863,140, with the lowest FCX earnings forecast at $2,031,585,038, and the highest FCX earnings forecast at $5,808,616,377.

In 2025, FCX is forecast to generate $4,063,170,077 in earnings, with the lowest earnings forecast at $1,659,604,679 and the highest earnings forecast at $7,010,399,076.

What is FCX's revenue growth forecast for 2023-2025?

(NYSE: FCX) Freeport Mcmoran's forecast annual revenue growth rate of 1.94% is forecast to beat the US Copper industry's average forecast revenue growth rate of 1.91%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.77%.

Freeport Mcmoran's revenue in 2023 is $22,780,000,000.On average, 11 Wall Street analysts forecast FCX's revenue for 2023 to be $36,077,314,888,965, with the lowest FCX revenue forecast at $31,568,699,762,829, and the highest FCX revenue forecast at $42,123,499,384,057. On average, 9 Wall Street analysts forecast FCX's revenue for 2024 to be $35,213,443,440,529, with the lowest FCX revenue forecast at $30,141,010,530,575, and the highest FCX revenue forecast at $39,059,225,334,020.

In 2025, FCX is forecast to generate $34,568,485,294,834 in revenue, with the lowest revenue forecast at $31,045,566,615,446 and the highest revenue forecast at $39,707,715,862,433.

What is FCX's forecast return on assets (ROA) for 2023-2026?

(NYSE: FCX) forecast ROA is N/A, which is lower than the forecast US Copper industry average of N/A.

What is FCX's Price Target?

According to 13 Wall Street analysts that have issued a 1 year FCX price target, the average FCX price target is $39.69, with the highest FCX stock price forecast at $56.00 and the lowest FCX stock price forecast at $24.00.

On average, Wall Street analysts predict that Freeport Mcmoran's share price could reach $39.69 by Mar 14, 2024. The average Freeport Mcmoran stock price prediction forecasts a potential upside of 4.43% from the current FCX share price of $38.01.

What is FCX's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: FCX) Freeport Mcmoran's current Earnings Per Share (EPS) is $2.40. On average, analysts forecast that FCX's EPS will be $2.36 for 2023, with the lowest EPS forecast at $0.95, and the highest EPS forecast at $3.82. On average, analysts forecast that FCX's EPS will be $2.83 for 2024, with the lowest EPS forecast at $1.42, and the highest EPS forecast at $4.06. In 2025, FCX's EPS is forecast to hit $2.84 (min: $1.16, max: $4.90).

What is FCX's forecast return on equity (ROE) for 2023-2026?

(NYSE: FCX) forecast ROE is N/A, which is considered weak.
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