NYSE:FCX
Freeport McMoran Copper & Gold (FCX)
59.33
-1.67 (2.74%)
as of Jul 7, 2026, 8:00:00 pm Market Open.
229 watching
Financials 
Technical Analysis 0
Investor Insights
Jul 7, 2026, 12:00 amThis summary was created by AI, based on 24 opinions in the last 12 months.
Freeport McMoRan Copper & Gold (FCX-N) has garnered mixed reviews from experts, primarily centered around its performance in the copper and gold markets. Many analysts recognize the long-term bullish outlook for copper, driven by increasing demand from the electrification of infrastructure and data centers, alongside a supportive demand for gold. However, concerns about global copper inventories, the impact of recent mudslide incidents, and fluctuations in the price of metals pose challenges. The sentiment regarding FCX's financial performance remains optimistic, especially with anticipated strong earnings aligned with rising gold prices. The stock shows potential for high cash flow generation, despite its recent volatility in price and overall market uncertainties.
Consensus
Buy
Valuation
Undervalued
Similar
TECK.B
BUY
Allan Tong’s Discover Picks FCX is the copper name for many wealth managers turn to who applaud the company’s robust balance sheet, share buybacks, steady 1.42% dividend yield and recent strong recent quarter. In the first three months of this year, FCX shares jumped 19%, the surrendered those gains in April, a victim of that month’s panic selling but also the company’s own strong quarter. FCX beat the street’s top and bottom lines for Q1 2022, but management slightly reduced the outlook for copper sales from 4.3 (2022) and 4.5 (2023) billion pounds as announced in Q4 2021 to 4.25 billion and 4.45 billion respectively. The street reacted harshly and the spring sell-off was overdone. Read 3 rock stars of the mineral stocks for our full analysis.
Stockchase DiscoverOwned
non-base metal mining
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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
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