Freeport-McMoRan (NYSE:FCX) Stock Price Expected to Rise, Raymond James Financial Analyst Says

Freeport-McMoRan (NYSE:FCX) had its price target boosted by equities research analysts at Raymond James Financial from $49.00 to $53.00 in a report released on Wednesday,MarketScreener reports. The brokerage presently has an “outperform” rating on the natural resource company’s stock. Raymond James Financial’s price target would indicate a potential upside of 4.35% from the company’s current price.

A number of other equities analysts also recently weighed in on FCX. UBS Group boosted their target price on Freeport-McMoRan from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Dbs Bank dropped their price target on Freeport-McMoRan from $51.00 to $48.00 in a report on Thursday, October 2nd. Clarkson Capital raised Freeport-McMoRan from a “neutral” rating to a “buy” rating and set a $46.00 price objective on the stock in a research report on Wednesday, November 19th. Royal Bank Of Canada decreased their target price on Freeport-McMoRan from $54.00 to $48.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 1st. Finally, Citigroup upgraded Freeport-McMoRan from a “neutral” rating to a “buy” rating and set a $48.00 target price on the stock in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $49.87.

Freeport-McMoRan Stock Performance

FCX stock opened at $50.79 on Wednesday. The firm has a market cap of $72.93 billion, a PE ratio of 35.77, a price-to-earnings-growth ratio of 1.15 and a beta of 1.45. The company has a current ratio of 2.45, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29. The stock has a 50-day moving average price of $44.34 and a 200-day moving average price of $43.38. Freeport-McMoRan has a 1-year low of $27.66 and a 1-year high of $53.76.

Freeport-McMoRan (NYSE:FCX) last announced its earnings results on Thursday, October 23rd. The natural resource company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.41 by $0.09. The company had revenue of $6.97 billion for the quarter, compared to analyst estimates of $6.74 billion. Freeport-McMoRan had a return on equity of 7.84% and a net margin of 7.97%.The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.38 EPS. As a group, equities research analysts expect that Freeport-McMoRan will post 1.68 earnings per share for the current year.

Insider Activity

In other Freeport-McMoRan news, CAO Stephen T. Higgins sold 28,423 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $47.99, for a total transaction of $1,364,019.77. Following the completion of the transaction, the chief accounting officer owned 105,294 shares in the company, valued at $5,053,059.06. This trade represents a 21.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Ellie L. Mikes sold 9,572 shares of Freeport-McMoRan stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $47.66, for a total transaction of $456,201.52. Following the completion of the transaction, the chief accounting officer owned 38,761 shares of the company’s stock, valued at $1,847,349.26. The trade was a 19.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.75% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Freeport-McMoRan

Hedge funds and other institutional investors have recently bought and sold shares of the business. Portside Wealth Group LLC lifted its holdings in Freeport-McMoRan by 0.8% in the second quarter. Portside Wealth Group LLC now owns 30,333 shares of the natural resource company’s stock worth $1,315,000 after purchasing an additional 245 shares during the period. Hollencrest Capital Management raised its position in shares of Freeport-McMoRan by 0.6% during the 2nd quarter. Hollencrest Capital Management now owns 45,133 shares of the natural resource company’s stock worth $1,957,000 after buying an additional 250 shares in the last quarter. Benjamin Edwards Inc. lifted its stake in shares of Freeport-McMoRan by 0.6% in the 3rd quarter. Benjamin Edwards Inc. now owns 45,095 shares of the natural resource company’s stock worth $1,769,000 after acquiring an additional 250 shares during the period. Waterloo Capital L.P. lifted its stake in shares of Freeport-McMoRan by 3.9% in the 2nd quarter. Waterloo Capital L.P. now owns 6,658 shares of the natural resource company’s stock worth $289,000 after acquiring an additional 251 shares during the period. Finally, Mengis Capital Management Inc. boosted its holdings in shares of Freeport-McMoRan by 0.7% in the third quarter. Mengis Capital Management Inc. now owns 34,404 shares of the natural resource company’s stock valued at $1,349,000 after acquiring an additional 251 shares in the last quarter. Institutional investors own 80.77% of the company’s stock.

Key Headlines Impacting Freeport-McMoRan

Here are the key news stories impacting Freeport-McMoRan this week:

• Positive Sentiment: Raymond James raised its price target on FCX to $53 and maintained an “outperform” rating, signaling analyst confidence in earnings and commodity exposure. Raymond James adjusts PT on Freeport-McMoRan to $53
• Positive Sentiment: Precious‑metals strength (silver surge) can be supportive for mining equities and commodity sentiment broadly, which tends to buoy FCX as a major copper/gold producer. Silver 10x’d the S&P 500 In 2025 And Refiner Stocks Could Be Next
• Positive Sentiment: Coverage noting rallies in gold, silver and copper highlights multiple ways investors can play the commodity upswing, reinforcing demand tailwinds for FCX products. Gold, Silver, and Copper Are Surging—Here Are 3 Smart Ways to Play It
• Neutral Sentiment: Local/regional coverage repeats national notices about the litigation deadline — adds awareness but no new company disclosures. FCX FINAL DEADLINE: ROSEN, NATIONAL INVESTOR RIGHTS COUNSEL
• Negative Sentiment: Multiple law firms (Schall, Faruqi & Faruqi, Rosen, Glancy, The Gross Firm, Bronstein Gewirtz & Grossman) have issued class‑action/lead‑plaintiff notices for alleged securities fraud covering Feb 15, 2022–Sep 24, 2025, with a Jan 12, 2026 lead‑plaintiff deadline — creating legal exposure and an overhang on the stock. Representative notice: FCX Investors Have Opportunity to Lead Freeport-McMoRan Inc. Securities Fraud Lawsuit
• Negative Sentiment: Faruqi & Faruqi reminder of the class action and lead‑plaintiff deadline emphasizes potential investor claims and attention from plaintiffs’ lawyers. Faruqi & Faruqi Announces Opportunity to Lead Class Action
• Negative Sentiment: Rosen Law Firm and other plaintiff firms’ filings increase the chance of consolidated litigation, potential discovery burdens, settlement risk and reputational damage which can pressure valuation. Example: FCX Deadline: ROSEN Law Firm lead plaintiff notice

About Freeport-McMoRan

Freeport-McMoRan Inc is a U.S.-based natural resources company primarily engaged in the exploration, mining and processing of copper, gold and molybdenum. Its operations encompass large-scale open-pit and underground mining as well as associated concentrator and milling facilities. The company produces copper in the form of concentrates and cathodes, and also recovers gold and molybdenum as co-products; its business model includes exploration, development, mining, beneficiation and the sale of bulk commodities to smelters and industrial customers.

Freeport-McMoRan conducts operations and development activities across multiple geographies, with substantial assets in the Americas and Indonesia.