NYSE:FCX
Freeport McMoran Copper & Gold (FCX)
70.61
-1.35 (1.88%)
as of Sep 29, 2026, 3:49:41 pm Market Open.
232 watching
Financials 
Technical Analysis 0
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
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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
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate FCX, the world's largest producer of copper, as a TOP PICK. As inflation fears rise the return to higher global commodity prices is likely. This is a good inflation protection vehicle. It trades at 14x earnings compared to peers at 16x. As copper prices have risen sharply over the past year, so too has the company's cash reserves. The company is wisely using a portion of the cash reserves to pay down debt. It pays a small dividend, backed by a payout ratio of under 10% of cash flow. We recommend keeping the stop loss at $29, looking to achieve $42.50 -- upside potential over 14%. Yield 0.84% (Analysts’ price target is $43.82) (Analysts’ price target is $42.33)
non-base metal mining
PAST TOP PICK
(A Top Pick Dec 03/20, Up 59%) Stick with this one. Core holding. Great way for exposure to EVs, which have twice the amount of copper as in a traditional vehicle. Long-life, stable asset to produce from.
David BurrowsOwned
non-base metal mining
TOP PICK
A multi-year play, as we're in a commodity bull market. Copper is important to the electrification of the world. About 85% of revenues come from copper. Just hit net debt target. Plans to return about 50% of free cashflow to shareholders. Gives inflation protection. Yield is 0.78%. (Analysts’ price target is $41.81)
David BurrowsOwned
non-base metal mining
BUY
Commodities are more volatile, correcting since May. World is in a copper deficit, and FCX is the one you want to own. If it were to break $31, he'd be forced to the sidelines. Other risk-oriented sectors have been gaining ground, so we should see a reacceleration of the base materials and end the year pretty well.
David BurrowsOwned
non-base metal mining
TOP PICK
A company they are excited about. The largest copper miner in the world. Now at 100% production capacity in their Indonesian mine. Copper prices have been firm, and at this level of copper prices, they produce $15B EBITDA. Enterprise value is under $60B. Extremely attractive. Every 10 cent change in copper price, they make $400M of cashflow. The application of copper is exciting. There is cyclical and secular elements that will push copper demand. (Analysts’ price target is $42.59)
Gordon ReidOwned
non-base metal mining
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