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Freeport-McMoRan (FCX)
NYSE:FCX
Freeport-McMoRan (FCX) Stock Forecast & Price Target
4,763 Followers
See the Price Targets and Ratings of:
FCX Analyst Ratings
Moderate Buy
9 Buy
5 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
FCX Stock 12 Month Forecast
Average Price Target
$55.86
▲(21.70% Upside)
| Highest Price Target$62.00 | Average Price Target$55.86 | Lowest Price Target$50.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Morgan Stanley
Reiterated
07/05/24
Deutsche Numis
Reiterated
07/03/24
Jefferies
Assigned
07/03/24
BMO Capital
Assigned
07/02/24
Citi
Reiterated
06/20/24
Scotiabank
Reiterated
05/30/24
RBC Capital
Reiterated
05/29/24
Argus Research
Reiterated
04/25/24
Raymond James
Reiterated
04/24/24
J.P. Morgan
$52→$51
Hold
$51.00
(11.11% Upside)
Reiterated
04/24/24
Freeport-McMoRan (FCX) PT Lowered to $51 at JPMorganJPMorgan analyst Bill Peterson lowered the price target on Freeport-McMoRan (NYSE: FCX) to $51.00 (from $52.00) while maintaining a Neutral rating.
Bank of America Securities
$59
Buy
$59.00
(28.54% Upside)
Reiterated
04/23/24
Analysts Are Bullish on Top Materials Stocks: Freeport-McMoRan (FCX), Novagold Resources New (NG)
DBS
$50
Buy
$50.00
(8.93% Upside)
Reiterated
03/19/24
We recommend BUY call due to the expectation of its earnings growth 2024 onwards.
―
Bernstein
―
Buy
―
Reiterated
07/08/24
Unknown Analyst
Not Ranked
CFRA
$58
Buy
$58.00
(26.36% Upside)
Reiterated
04/24/24
Best Analysts Covering Freeport-McMoRan
Which Analyst Should I Follow If I Want to Buy FCX and Sell After:
1 Month
xxx
Success Rate
29/53 ratings generated profit
Average Return
+1.68%
assigned a xxx
rating 17 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 54.72% of your transactions generating a profit, with an average return of +1.68% per trade.
3 Months
xxx
Success Rate
29/53 ratings generated profit
Average Return
+7.00%
assigned a xxx
rating 17 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 54.72% of your transactions generating a profit, with an average return of +7.00% per trade.
1 Year
Success Rate
9/12 ratings generated profit
Average Return
+55.26%
reiterated a buy rating 2 months ago
Copying Orest Wowkodaw's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +55.26% per trade.
2 Years
xxx
Success Rate
9/12 ratings generated profit
Average Return
+50.75%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 75.00% of your transactions generating a profit, with an average return of +50.75% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
FCX Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
0
0
0
0
0
Buy
10
17
16
17
8
Hold
8
8
11
12
5
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
18
25
27
29
13
Each month's total comprises the sum of three months' worth of ratings.
FCX Financial Forecast
FCX Stock Forecast FAQ
What is FCX’s average 12-month price target, according to analysts?
Based on analyst ratings, Freeport-McMoRan’s 12-month average price target is $55.86.
What is FCX’s upside potential, based on the analysts’ average price target?
Freeport-McMoRan has 21.70% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is FCX a Buy, Sell or Hold?
Freeport-McMoRan has a consensus rating of Moderate Buy which is based on 9 buy ratings, 5 hold ratings and 0 sell ratings.
What is Freeport-McMoRan’s price target?
The average price target for Freeport-McMoRan is $55.86. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $62.00 ,the lowest forecast is $50.00. The average price target represents 21.70% Increase from the current price of $45.9.
The highest analyst price target is $62.00 ,the lowest forecast is $50.00. The average price target represents 21.70% Increase from the current price of $45.9.
What do analysts say about Freeport-McMoRan?
Freeport-McMoRan’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 14 Wall Streets Analysts.
How can I buy shares of FCX?
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