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NYSE:FCX
Freeport McMoran Copper & Gold (FCX)
69.06
-1.09 (1.55%)
as of Jun 17, 2026, 8:00:00 pm Market Open.
229 watching
Financials 
Technical Analysis 0
Investor Insights
Jun 17, 2026, 12:00 amThis summary was created by AI, based on 23 opinions in the last 12 months.
Freeport McMoRan Copper & Gold (FCX) is experiencing mixed sentiments from analysts, driven by its positioning in the copper market and the impact of recent events like the mudslide at its main mine. The company benefits from strong demand for copper, particularly as electrification trends rise, and has gold byproducts that are selling well amid elevated prices. However, concerns linger regarding supply, global inventories, and the effects of tariffs, particularly in relation to China’s purchasing behavior. Some experts see the current price as a reasonable entry point despite short-term volatility and predict long-term growth, while others advise caution due to recent price fluctuations and uncertainties in the market. Overall, analysts express a cautious optimism about FCX's potential in future markets.
Consensus
Buy
Valuation
Fair Value
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TECK.B
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Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly With strong commodity holdings in gold, silver even oil and gas, we recommend FCX as a TOP PICK. Analysts feel the company is well positioned for a period of stagflation (inflation coupled with stagnant economic growth). Cash reserves are building aggressively with higher commodity values and the company has been buying back shares and retiring debt. We recommend a stop loss at $24, looking achieve $50 -- upside potential over 35%. Yield 0.75% (Analysts’ price target is $49.82)
non-base metal mining
STRONG BUY
Highly bullish on it. Strong long-term, secular demand for copper for electrification. Doing well cyclically, healthy price of copper. A money machine with current price of copper. Impeccable balance sheet. Should see it increase dividend and buy back shares.
Gordon ReidOwned
non-base metal mining
Premium contentPAST TOP PICK
(A Top Pick Dec 02/21, Up 8.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FCX has triggered its stop at $40. To remain disciplined we recommend covering the position at this time. This results in a net investment gain of 10%, when combined with our previous buy recommendation.
non-base metal mining
COMMENT
His choice in the copper space. But it's a difficult market, extremely nervous that the US Fed will force that economy into recession. Companies like FCX rely on strong global growth and a Fed move could see FCX retrench. Also, FCX relies on demand from China, which is locking down in some parts to battle Covid. Long term, this is a great company. A few weeks ago they reported a strong quarter, net debt of $1.3 billion and return 50% of free cash flow to shareholders (buybacks and dividends). They remain profitable. Be patient with it, though.
Gordon ReidOwned
non-base metal mining
PAST TOP PICK
(A Top Pick Apr 13/21, Up 44.57%) Directly related to copper prices. Copper is both a cyclical and secular beneficiary. 70% of copper usage today is devoted to creating electricity. Be careful of your timing on this one. More room to run, a great hold.
Gordon ReidOwned
non-base metal mining
Premium contentPAST TOP PICK
BUY
Has world class copper/gold assets with a couple of political challenges. Generates massive amounts of cash and would be a good takeover acquisition.
Rick RuleOwned
non-base metal mining
BUY
He's excited about copper demand, given electrification--the green oil--namely in EVs. FCX trades at 5x enterprise value to EBITDA, so it's cheap. Balance sheet is fine as they pay off debt. He expects buybacks and dividend increases in the next quarter.
Gordon ReidOwned
non-base metal mining
BUY
Likes commodities and the cyclical space. Lots of analysts and firms are ratcheting up expectations of a decade or more of commodity firmness. Likes it from a technical perspective. Starting to break out. If it gets above the $45 level, and he thinks it can, there will be lots of upside.
non-base metal mining
BUY
Very positive. Materials will benefit from higher inflation. Copper goes into electrification. 4x more is used in EVs than in combustion engines. Great valuation. Producing lots of cash, which could lead to a higher dividend and buybacks, in turn propelling the share price higher.
Gordon ReidOwned
non-base metal mining
Premium contentPAST TOP PICK
BUY
The demand for copper is huge because of EV's. So he continues to regularly roll options into Freeport-McMoran. Keep a close eye on copper.
Pete NajarianOwned
non-base metal mining
TOP PICK
One of the largest copper producers in the world. Reaching full production. Copper prices have been firm. Copper's in great demand to produce electricity, as this meshes with the EV movement. Attractive valuations. Yield is 0.78%. (Analysts’ price target is $42.34)
Gordon ReidOwned
non-base metal mining
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