why Freeport-McMoRan Inc [FCX] is a Good Choice for Investors After New Price Target of $46.83

Freeport-McMoRan Inc [NYSE: FCX] gained 2.37% on the last trading session, reaching $41.91 price per share at the time.

If compared to the average trading volume of 16.28M shares, FCX reached a trading volume of 10500231 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Freeport-McMoRan Inc [FCX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FCX shares is $46.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FCX stock is a recommendation set at 1.65. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Scotiabank have made an estimate for Freeport-McMoRan Inc shares, keeping their opinion on the stock as Sector Outperform, with their previous recommendation back on June 16, 2025. The new note on the price target was released on April 16, 2025, representing the official price target for Freeport-McMoRan Inc stock. Previously, the target price had yet another raise from $48 to $52, while JP Morgan kept a Overweight rating on FCX stock.

The Average True Range (ATR) for Freeport-McMoRan Inc is set at 1.30, with the Price to Sales ratio for FCX stock in the period of the last 12 months amounting to 2.46. The Price to Book ratio for the last quarter was 3.40, with the Price to Cash per share for the same quarter was set at 3.37. Price to Free Cash Flow for FCX in the course of the last twelve months was 37.71 with Quick ratio for the last quarter at 1.13.

Trading performance analysis for FCX stock

Freeport-McMoRan Inc [FCX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.02. With this latest performance, FCX shares gained by 8.94% in over the last four-week period, additionally sinking by -2.13% over the last 6 months – not to mention a drop of -14.21% in the past year of trading.

Freeport-McMoRan Inc [FCX]: A deeper dive into fundamental analysis

Freeport-McMoRan Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.13 and a Current Ratio set at 2.32.

Freeport-McMoRan Inc [FCX]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FCX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Freeport-McMoRan Inc go to 22.57%.

An analysis of Institutional ownership at Freeport-McMoRan Inc [FCX]

The top three institutional holders of FCX stocks are: VANGUARD GROUP INC with ownership of 121.49 million shares, which is approximately 8.4606%. BLACKROCK INC., holding 108.29 million shares of the stock with an approximate value of $$5.26 billion in FCX stocks shares; and BLACKROCK INC., currently with $$3.71 billion in FCX stock with ownership which is approximately 5.3164%.

The DBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.