NYSE:FCX
Freeport McMoran Copper & Gold (FCX)
Financials 
Technical Analysis 
Sep 8, 2026, 12:00 amThis summary was created by AI, based on 19 opinions in the last 12 months.
Freeport McMoran Copper & Gold (FCX) is experiencing a mix of bullish and cautious opinions among analysts. Many experts emphasize the strong demand for copper, particularly driven by trends such as electrification and data center growth, while some highlight potential headwinds due to economic uncertainties and recent operational challenges, including a tragic mudslide at a major mine. The stock has shown strong technical patterns, and several analysts see potential for substantial upside in the price, with targets as high as $100, backed by strong volumes and significant cash flow generation. However, concerns about global inventory levels and rate hikes loom over the outlook, with some experts advocating for a cautious approach or diversifying investments. Overall, long-term sentiment remains optimistic, particularly regarding copper's role in the evolving energy landscape.
Copper prices are up 18% this year and 48% in the past year, booming from data centre demand. FCX is the best way to play copper. Copper stocks have pulled back recently, but Lang says are due to rebound the rest of the year. FCX's chart shows higher highs and higher lows on strong volumes. The RSI has fallen from overbought levels, so pull the trigger now. The MACD shows a bullish formation now; FCX could break out to $80, then $100. There's strong call option buying, also suggesting $100.
Copper is one of the most powerful themes in this market. Copper producers broke out, with consolidation over last several months.
Massive mine in Indonesia has been prolific. He'd be a buyer right here. Generates enormous cashflow. Estimates are going higher. Just broke out technically.
David Burrows
Is near a 52-week high. He wants yields to go lower. Money is coming out of oil and into precious metals.
Joe TerranovaSecular growth of the copper market, as copper's used more and more in today's society. Recent turmoil in Iran has boosted price of copper.
Today's earnings report was good, but the mine site of last year's tragedy won't be online as quickly as anticipated. Pretty good entry point, though expect the price to wallow for a while.
Gordon ReidLikes the momentum and the tailwind of their Indonesian mine reopening, started last October. He expects an upgrade in that operation later this year.
Joe Terranova
There's strong demand for copper while supply has tightened. Also, FCX has gold byproducts, and gold is selling high.
Julien Nono-WomdimThere are two views for copper. The cyclical one is hard to peg and it's hard to know what is going on in China. The secular view takes into account the ever increasing usage of copper which will probably double by the end of the decade due to data centres, etc. EV's use 4 times the amount of copper than conventional vehicles. Own it for the long term.
Gordon ReidIn the top 10 for copper and gold. Represents ~4% of global copper supply. Mudslide caused fatalities, mine shut down, estimated to not return to prior levels until 2027. Tightens up an already-tight market. About 35% of production comes from US, so uniquely positioned for Trump's "Made in America".
He prefers TECK and CS, for more leverage to copper.
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Freeport McMoran Copper & Gold (FCX) Frequently Asked Questions
What is Freeport McMoran Copper & Gold stock symbol?
Freeport McMoran Copper & Gold is a American stock, trading under the symbol FCX (previously FCX-N on Stockchase) on the New York Stock Exchange (FCX). It is usually referred to as NYSE:FCX or FCX
Is Freeport McMoran Copper & Gold a buy or a sell?
In the last year, 18 stock analysts issued a Buy, Sell, or Hold rating on FCX (previously FCX-N on Stockchase). 14 analysts recommended to BUY and 4 analysts recommended to SELL the stock. The latest stock analyst rating is BUY. Read the latest stock experts' ratings for Freeport McMoran Copper & Gold.
Is Freeport McMoran Copper & Gold a good investment or a top pick?
Freeport McMoran Copper & Gold was recommended as a Top Pick by Kevin Simpson on 2026-09-04. Read the latest stock experts ratings for Freeport McMoran Copper & Gold.
Why is Freeport McMoran Copper & Gold stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Freeport McMoran Copper & Gold.
Is Freeport McMoran Copper & Gold worth watching?
Freeport McMoran Copper & Gold is followed by 230 investors on Stockchase and is a trending stock that is worth watching.
What is Freeport McMoran Copper & Gold stock price?
On 2026-09-08, Freeport McMoran Copper & Gold (FCX) stock closed at a price of $76.62.
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He added more shares during this pullback in the metals. It's an opportunity. However, if there's rate hikes through the end of this year, then forget the gold trade, he will be wrong about metals. Long term there's a lot of value, and the stock is cheap.