
Freeport-McMoRan (FCX) Stock Forecast & Price Target
Freeport-McMoRan (FCX) Analyst Ratings
Bulls say
Freeport-McMoRan's updated NAVPS estimate increased by 8% to $29.54, driven primarily by the Grasberg license extension and underscoring the asset's long-term value. The company is projected to generate strong free cash flow ranging from $2.5 billion to $4.7 billion between 2026 and 2028, complemented by a strong balance sheet and low debt leverage. With substantial copper reserves and positive market dynamics, Freeport-McMoRan is well-positioned for enhanced shareholder returns as it recovers from past operational challenges.
Bears say
Freeport-McMoRan's revised 2025E-27E EBITDA estimates have declined by an average of 11% per annum, indicating a potential weakening of financial performance over the forecast period. The updated production guidance for the Grasberg mine has fallen below expectations, with anticipated output for 2026 and 2027 projected to be 8% and 15% lower than previous forecasts, respectively. Additionally, the company’s NAVPS estimate has decreased by 7%, reflecting the broader challenges it faces in maintaining growth amidst operational setbacks.
This aggregate rating is based on analysts' research of Freeport-McMoRan and is not a guaranteed prediction by Public.com or investment advice.
Freeport-McMoRan (FCX) Analyst Forecast & Price Prediction
Start investing in Freeport-McMoRan (FCX)
Order type
Buy in
Order amount
Est. shares
0 shares