Freeport McMoran Copper & Gold (FCX) Buy,…

Home

Daily Stock Opinions and Ratings

Freeport McMoran Copper & Gold (FCX)

76.62

+3.89 (5.35%)

as of Sep 8, 2026, 8:00:00 pm Market Open.

230 watching

Investor Insights

Sep 8, 2026, 12:00 am

This 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.

Consensus

Buy

Valuation

Undervalued

Similar

TECK.B

BUY

A well-positioned investment in the deep commodity space. A cyclical investment, as well as a secular change. Produces copper, 70% is used in electrification such as alternative sources of energy or cars. Strong case for long-term increase in demand for copper. Excellent investment here.

Premium content

Unlock this Panic-proof Portfolio opinion with Stockchase Premium

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly FCX is the world's largest producer of copper. Inflation is likely to be driven by rising commodity prices as the global economy restarts post-pandemic. This is a good inflation protection vehicle. Recently reported earnings of $0.77 EPS came in just above analyst expectations of $0.76. It trades at 19x earnings compared to peers at 24x. As copper prices have risen over 40% over the past year, so too has the company's cash reserves -- up an estimated $4.8 billion. With earnings growth expected over 27% this year, it's PEG ratio is under 1.0. It pays a small dividend, backed by a payout ratio of under 60% of cash flow. We would buy this with a stop loss at $29, looking to achieve $44 -- upside potential over 20%. Yield 0.86% (Analysts’ price target is $43.82)

SELL

He would not be a buyer. It is still a copper focused company. It is the same price as 15 years ago.

BUY

Obviously, changes in the economy are dramatic, some caused or accelerated by the pandemic (i.e. people moving out of cities) and the green economy. 70% of copper produced will be used in electric power (and awing from fossil fuels), namely in cars. Ford, GM, Volkswagen as well as Tesla are involved. Copper's price has moved up smartly, but the stocks and this commodity have ticked down a little. He thinks this will ebb and flow. FCX is in a great position with lots of runway.

BUY ON WEAKNESS

A great name to hold with inflation, copper going higher, and the economy continuing to recover. Look at it closer to the $37-38 range, if it gets there. If you hold it, don't sell.

DON'T BUY

Copper has been on fire. Copper tends to soften this time of year, and so will this stock as a result. Seasonality in gold might start to kick in next month. He wouldn't be jumping in.

BUY

One of the largest copper/gold companies in the world. They are in one of those 'stronger for longer' cycles. Electric vehicles will see more copper demand. It is safe to own in the metals and mining space. He prefers Major Drilling, however (MDI-T).

DON'T BUY

Copper has really gotten ahead of itself. Lots of it is the recovery trade, as well as electric cars. Right now, copper stocks are too ahead and you could wait for a pull back. Smaller companies will be able to raise money but if there is a commodity price pull back, there could be back draft. Very rich.

TOP PICK

Copper, gold, and other metals. Stock pulled back a bit on earnings. World has a copper deficit, with no new mines coming on. Electrification will increase demand for copper. Great economic sensitivity. Very long-life assets, with tons of leverage in their business model. Yield is 0.87%. (Analysts’ price target is $40.14)

BUY ON WEAKNESS

He likes the CEO, from American Tower. The stock pays a 2.6% dividend yield and boasts a great order book. Hold or buy on dips.

TOP PICK

Copper is showing life again at over $4/pound and will stay at high levels. A highly profitable company. Commodities have done very well in the past year. The price could rise long term. One big reason is the electrification of cars which need 2-4 times as much copper as a gas-powered car. (Analysts’ price target is $39.03)

BUY

Bought it a little while ago. Likes the positioning in this type of market. A pure commodity play. Primarily gold and copper. Virtually everything in commodities is pushing towards all time highs. Very sensitive to copper prices. For every 10c, FCX gets $380M of increased cashflow. If copper prices maintain over $4, it could be 4x multiple to EBITDA. Looking good for now.

BUY

Commodities were in a 10-year bear market and only recently reversed. FCX has been the leader, and has just pulled back and is set for another leg up. He also owns HBM and FM. All of these will benefit, as we're in a deficit of copper and will be for quite some time. EVs use more copper than traditional vehicles. Should be core in a portfolio.

BUY

The go-to copper name. Institutional investors do. Mining stocks will go sideways in the short-term after their recent rally, but will rally again later this year.

HOLD

It's the purest copper play in the world, and copper prices are going up. When we get vaccines, there will be a worldwide boom.

Showing 121 to 135 of 249 entries

Most Recent Experts

Eric Nuttall

Ninepoint Partners

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Kevin Simpson

Capital Wealth Planning

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Freeport McMoran Copper & Gold (FCX)