Insider buying last 90 days
No open-market insider purchases were filed for FCX in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every FCX insider filing, plotted on the chart in Gekko.Open FCX in Gekko
NYSE: FCX
Freeport-McMoRan (FCX) Stock Analysis & Forecast
$71.54+0.69 (+1.0%)
Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.
Gekko Brief
AI summaryFreeport-McMoRan closes at $71.54, up 1% on the day and holding above both its 50-day ($68.41) and 200-day ($62.31) moving averages, with the 50-day above the 200-day. The GekkoIndex reads 60.5, placing the stock in the Accumulation zone. Against this, price sits 12.2% above Gekko Fair Value of $63.74, a gap that bears watching.
This week's coverage centers on operational and analyst themes. A fatal haul truck collision at the Morenci Mine, attributed to heavy dust and reduced visibility, drew attention alongside commentary on the company's ability to meet rising copper demand. At Morgan Stanley's Laguna Conference, CEO Kathleen Quirk discussed growth avenues including leach technology, Bagdad expansion, and Grasberg recovery. Separately, Royal Bank of Canada raised its price target on FCX to $85.00 from $73.00 while maintaining a "sector perform" rating, a move shares responded to with a 2.3% gain.
Over the next 20 trading days, the next earnings date falls on 22 October 2026, 32 days out and beyond a typical holding window. Smart-money activity over the last 90 days shows one Congressional buy and no sales. Seasonally, the next 20 trading days have averaged a 2.6% gain over 5 years, though they rose in only 2 of those years. Analyst coverage remains broadly favorable, with 12 buy ratings, 4 holds, and no sells among 16 firms, and a consensus target of $72.05.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $71.54200-day averageGekko Fair Value $63.74
Key stats
- Market cap
- $102.8B
- P/E ratio
- 33.9
- Forward P/E
- 17.3
- EPS, TTM
- $2.09
- Revenue, TTM
- $25.87B
- Profit margin
- 11.4%
- Dividend yield
- 0.87%
- Beta
- 1.40
- Volume
- 14.77M avg 14.51M
- 1-year return
- +58.7%
- Typical daily move
- ±4.3%
- Typical 20-day move
- ±8.1%
- 50-day average
- $68.41
- 200-day average
- $62.31
- Next earnings
- Oct 22
- Shares outstanding
- 1.44B
Freeport-McMoRan swing-trade checklist
Freeport-McMoRan scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive1 mixed1 headwind
- Trendsupportive
Above 50 and 200-day
Close $71.54 is above the 50-day ($68.41) and 200-day ($62.31) averages, and the 50-day is above the 200-day.
See the chart - GekkoIndexsupportive
60.5, Accumulation
Reading 60.5 is in the Accumulation zone.
See the GekkoIndex - Fair valueheadwind
12.2% above
Price is 12.2% above Gekko Fair Value (more than 5% above).
See fair value - Smart moneysupportive
Leans bullish
Last 90 days: Congress 1 buy / 0 sales.
See smart money - Earnings risksupportive
Reports in 32 days
Next report Oct 22, 2026, 32 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitymixed
+2.6% on average
From this point in the calendar, the next 20 trading days averaged +2.6% over 5 years, rising in 2 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Freeport-McMoRan stock chart and price history
Freeport-McMoRan closed at $71.54 on Sep 18, 2026, +58.7% over the past year, inside a 52-week range of $35.15 to $80.24.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +3.5%
- 3 months
- +4.2%
- 6 months
- +33.4%
- 1 year
- +58.7%
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About Freeport-McMoRan
Freeport-McMoRan searches for and extracts minerals, with copper as its main focus alongside gold, molybdenum, silver and other metals. It runs mining operations across North America, South America and Indonesia, and it is known for the Grasberg minerals district in Indonesia, one of the larger deposits in its holdings.
The company's asset base spans several regions. In the United States it operates sites such as Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, along with Tyrone and Chino in New Mexico and Henderson and Climax in Colorado. Its South American holdings include Cerro Verde in Peru and El Abra in Chile. Beyond mining, Freeport-McMoRan also holds oil and gas properties off the California coast and in the Gulf of Mexico, a segment that included roughly 135 wells as of the end of 2021.
The company traces back to 1987 and is based in Phoenix, Arizona. It took on its present name, Freeport-McMoRan Inc., in July 2014, after operating previously as Freeport-McMoRan Copper & Gold Inc. Its shares are listed on the NYSE under the ticker FCX.
- Listed
- NYSE
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Website
- fcx.com
Freeport-McMoRan GekkoIndex: the smart money zone
Freeport-McMoRan’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 60.5, in the Accumulation zone, up 1.2 points over five sessions.
60.5Accumulation
Up 1.2 points over five sessions, from the Neutral zone.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 32 | +2.4% | +4.4% | ||
| Accumulation (current zone) | 199 | +1.7% | +4.9% | ||
| Neutral | 378 | −0.1% | +0.5% | ||
| Distribution | 52 | +1.6% | +8.4% | ||
| Selling | 1 | Too few readings yet | |||
Average FCX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the FCX price, zone by zone.Track FCX in Gekko
Is Freeport-McMoRan stock overvalued? Gekko Fair Value
Freeport-McMoRan trades 12.2% above Gekko Fair Value of $63.74, so the shares are overvalued on Gekko’s estimate.
Gekko’s own estimate of what Freeport-McMoRan shares are worth, recalculated every trading day.
$63.74
Gekko Fair Value, Sep 19, 2026
12.2% Overvalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open FCX in Gekko
Freeport-McMoRan insider and Congress trading
No open-market insider purchases were filed for Freeport-McMoRan, and members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
1trade disclosed: 1 purchase and 0 sales.
| Member | Amount | Disclosed |
|---|---|---|
| Ro Khanna House, CA, purchase | $1,001 - $15,000 | Aug 12 traded Jul 7 |
From congressional disclosures, which report amounts as ranges.
Buybacks
Freeport-McMoRan has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $110.0M
- As a share of market cap
- 0.11%
From company filings.
Hedge funds and billionaires quarter ended Jun 30
3of the funds Gekko tracks hold FCX.
2added1opened0trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko
Freeport-McMoRan earnings: next date and track record
Freeport-McMoRan reports on Oct 22, 2026 (32 days away), and beat the EPS estimate in 8 of its last 8 reports.
Next earnings report
Oct 22, 2026
32 days away
- EPS estimate
- $0.73
- Revenue estimate
- $7.32B
8 of 8reports beat the EPS estimate
±3.6%average move across the report
3 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 22, 2026 AI summary
- What they said
- Freeport-McMoRan reported solid second-quarter 2026 results driven by progress at the Grasberg Block Cave ramp up, strong operational performance in the U.S., and favorable metal prices. Management emphasized operational execution, higher margins, robust cash flows and earnings, and highlighted a multi-year growth outlook with significant volume increases expected in the back half of 2026 and into 2027–2028. Key items discussed included the Grasberg ramp and license-extension application with the Indonesian government, near-term readiness of the new Indonesian smelter and its phased shipments, opportunistic share purchases of Cerro Verde, leach and additive innovations to expand low-cost production in the U.S., and the potential Baghdad (Arizona) expansion with an incentive price around $4/lb copper and a possible board decision in H2 2026. Management provided modeled EBITDA and operating cash flow sensitivities across a $5–$7/lb copper range and reiterated capital allocation priorities (return 50% of available cash via dividends and buybacks) alongside continued opportunistic investments in assets the company manages.
- Guidance
- 2026: average unit net cash cost approximately $1.90/lb (slightly below prior $1.95). Second-half 2026 copper sales expected to be >20% higher than first half; gold sales >65% higher. 2027: annual copper sales expected to increase >20% vs. 2026; gold volumes >50% increase; additional growth into 2028. Modeled annual EBITDA (using average of 2027–2028 volumes and cost estimates, gold flat at $4,000/oz, moly $30/lb): ~$13B at $5/lb Cu to ~$20B at $7/lb Cu. Modeled operating cash flow: ~$9.5B at $5/lb to ~$15.5B at $7/lb. Baghdad project: incentive price target around $4/lb Cu; management aiming to present for board approval in H2 2026; some upfront tailings-related CapEx included in current forecasts, major concentrator CapEx would be incremental upon approval.
- Risks flagged
- Cost pressures and volatility from the Middle East conflict and oil price movements (diesel, sulfur/acid inputs), regulatory and timing risk around the Grasberg life-of-mine extension with the Indonesian government (no guaranteed timing), potential weather-related wet/dry cave conditions at Grasberg (El Niño variability), competitive construction labor market and supply-chain pressures (affecting Baghdad CapEx), commodity price volatility (Cu, Au, Mo), and execution risk on major projects and leach/additive technology deployment.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 22, 2026 | $0.74 est $0.62 | $7.03B est $6.62B | +1.5% |
| Apr 23, 2026 | $0.57 est $0.47 | $6.23B est $5.73B | −13.2% |
| Jan 22, 2026 | $0.47 est $0.29 | $5.63B est $5.29B | −0.3% |
| Oct 23, 2025 | $0.50 est $0.42 | $6.97B est $6.71B | +1.4% |
| Jul 23, 2025 | $0.54 est $0.45 | $7.58B est $7.19B | −2.7% |
| Apr 24, 2025 | $0.24 est $0.24 | $5.73B est $5.39B | +6.1% |
| Jan 23, 2025 | $0.31 est $0.22 | $5.72B est $5.84B | −3.3% |
| Oct 22, 2024 | $0.38 est $0.37 | $6.79B est $6.45B | 0.0% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Freeport-McMoRan stock forecast and analyst price targets
Analysts’ average 12-month price target for Freeport-McMoRan is $72.05, +0.7% from the last close, from 16 firms rating the stock in the last 90 days.
$72.05consensus 12-month target, +0.7% from the last close
Now $71.54Avg $72.05
Low $66High $80
Each firm’s latest rating in the last 90 days: 16 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 14 | Bernstein | — | — |
| Sep 10 | Goldman Sachs | $73 | +2.0% |
| Sep 9 | Bernstein | $47 | −34.3% |
| Sep 3 | Freedom Capital Markets | $75 | +4.8% |
| Aug 27 | Erste Group | — | — |
+4.9%average 20-day move after past Accumulation readings
+2.6%average move over the next 20 trading days in the last 5 years
±4.3%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Freeport-McMoRan seasonality: the next 20 trading days
Over the next 20 trading days from Sep 19, Freeport-McMoRan averaged +2.6% across the last 5 years, rising in 2 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −4.1% | 2 of 5 |
| Next 10 trading days | −0.2% | 2 of 5 |
| Next 15 trading days | +1.5% | 2 of 5 |
| Next 20 trading days | +2.6% | 2 of 5 |
| Next 30 trading days | +2.3% | 3 of 5 |
For scale, FCX’s typical 20-trading-day move in either direction is about 8.1%.
Freeport-McMoRan market cap and key statistics
Freeport-McMoRan’s market cap is $102.8B, with a P/E ratio of 33.9 and revenue of $25.87B over the last twelve months.
Valuation
- Market cap
- $102.8B
- P/E ratio
- 33.9
- Forward P/E
- 17.3
- EPS, TTM
- $2.09
- Gekko Fair Value
- $63.74
Trading
- Volume
- 14.77M
- Avg volume, 20 days
- 14.51M
- 52-week high
- $80.24
- 52-week low
- $35.15
- Shares outstanding
- 1.44B
Financials
- Revenue, TTM
- $25.87B
- Profit margin
- 11.4%
- Return on equity
- 14.8%
- Quarterly earnings growth, YoY
- +28.1%
Risk and income
- Beta
- 1.40
- Typical daily move
- ±4.3%
- Typical 20-day move
- ±8.1%
- Dividend yield
- 0.87%
Freeport-McMoRan stock news this week
Coverage of Freeport-McMoRan this week reads positive: 6 positive, 2 neutral and 1 negative headlines.
- Heavy dust blamed in fatal Freeport mine haul truck crashThe Gila Herald, Sep 19
- Can Freeport-McMoRan (NYSE:FCX) Match Rising Copper Demand?Kalkine Media, Sep 19
- Freeport-McMoRan Eyes Leach Breakthrough, Bagdad Growth and Grasberg RecoveryDefense World, Sep 18
- Freeport-McMoRan (NYSE:FCX) Shares Up 2.3% on Analyst UpgradeMarketBeat, Sep 17
- Freeport-McMoRan (FCX) Surpasses Market Returns: Some Facts Worth KnowingZacks Investment Research, Sep 17
- Freeport-McMoRan Inc. (FCX) Presents at Morgan Stanley's 14th Annual Laguna Conference TranscriptSeeking Alpha, Sep 16
Freeport-McMoRan peers
Freeport-McMoRan’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| SCCOSouthern Copper | Accumulation | 32.8% above |
| CCJCameco | Accumulation | 1.2% above |
| TECKTeck Resources | Neutral | 9.4% above |
| ATIATI | Accumulation | 3.8% below |
| CRSCarpenter Technology | Buying | 12.9% below |
| HBMHudbay Minerals | Neutral | 5.0% above |
A peer links to its own page where one exists.
Freeport-McMoRan stock FAQ
What is Freeport-McMoRan’s market cap?
Freeport-McMoRan’s market cap is $102.8B at the Sep 18, 2026 close of $71.54, with 1.44B shares outstanding. The shares trade on a P/E ratio of 33.9.
What is the Freeport-McMoRan stock forecast?
The consensus analyst 12-month price target for Freeport-McMoRan is $72.05, +0.7% from the last close. Of the 16 firms that rated the stock in the last 90 days, 12 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Freeport-McMoRan stock overvalued or undervalued?
On Gekko’s estimate Freeport-McMoRan is overvalued: the Sep 18, 2026 close of $71.54 is 12.2% above Gekko Fair Value of $63.74. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Freeport-McMoRan report earnings next?
Freeport-McMoRan is expected to report on Oct 22, 2026 (32 days away). Analysts expect earnings of $0.73 per share on revenue of $7.32B. Freeport-McMoRan beat the earnings estimate in 8 of its last 8 reports, moving 3.6% on average across the report.
What is Freeport-McMoRan’s 52-week high and low?
Freeport-McMoRan’s 52-week high is $80.24 and its 52-week low is $35.15; it closed at $71.54 on Sep 18, 2026, +58.7% over the past year.
Is Freeport-McMoRan stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (trend, gekkoindex, smart money and earnings risk), 1 as mixed (seasonality) and 1 as a headwind (fair value). The checklist is a description of current data, not a recommendation.
How this page works
Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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