Freeport-McMoran (FCX) Stock: Buy, Sell, or Hold?
FCX - Freeport-McMoran Inc.
$64.59
-4.31 (-6.26%)
▼
5d:
-7.81%
30d:
-11.01%
90d:
+3.18%
WAIT
LOW Confidence
Analysis Updated: Oct 22, 2026 12:00 AM ET
Earnings: Oct 27, 2026
4d
Smart Money Accumulation
Options open interest is building while the stock consolidates - a pattern consistent with institutional accumulation. View Scanner →
Signal fired Oct 16, 2026 at $69.54 · last confirmed Oct 16, 2026
Strength: 7.1/10
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 MIXED SIGNALS: FCX shows conflicting indicators. Wait for confirmation before entering.
📊 MIXED SIGNALS: FCX shows conflicting indicators. Wait for confirmation before entering.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$149.80
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$93.02
30.6% Margin of Safety
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 17.8x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: FCX is currently trading at $64.59, which is considered oversold relative to its 30-day fair value range of $68.97 to $72.87. From a valuation perspective, the stock is trading at a discount (Forward PE: 15.9) compared to its historical average (17.8). Remarkably, the market is currently pricing in an annual earnings decline of 3.6% over the next few years. This pessimistic expectation contrasts with the company's recent 28.1% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, FCX is showing support break momentum. The price is currently testing key support at $64.23. A bounce from this level would confirm strength, while a break below could signal further downside. Short-term momentum is weak, with the stock down 6.3% recently.
Market Sentiment: FCX scores 33/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $79.11 (+14.8%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, FCX is showing support break momentum. The price is currently testing key support at $64.23. A bounce from this level would confirm strength, while a break below could signal further downside. Short-term momentum is weak, with the stock down 6.3% recently.
Market Sentiment: FCX scores 33/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $79.11 (+14.8%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$68.97 -
$72.87
Company Quality Score
47/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
50.0%
Protect Your Profits
Holding FCX? Use our AI-powered strategies to protect your downside while keeping your long-term position.
View Profit Protection PlanAll Signals
- BULLISH: Price oversold vs 30-day range
- BEARISH: Weak technical setup (33/100)
- BULLISH: High volume confirmation
- BEARISH: Downward momentum (-6.3%)
- BULLISH: Trading below Wall St target ($79.11)
- WARNING: Composite score 47/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$68.97 -
$72.87
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$64.23
Resistance Level
$74.00
Current Trend
Support Break
Technical data as of
Oct 22, 2026
Fundamental Context
Forward P/E (Next Year Est.)
15.94
Wall Street Target
$79.11
(+14.8%)
Revenue Growth (YoY)
-7.3%
Earnings Growth (YoY)
28.1%
Profit Margin
11.4%
Valuation Discount vs History
-3.6% cheaper
PE vs Historical
15.9 vs 17.8
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-3.6%
(market-implied from PE analysis)
1-Year Target
$66.42
(-4%)
2-Year Target
$64.03
(-7%)
3-Year Target
$61.72
(-10%)
3-Yr Target (if PE normalizes)
(PE: 16→18)
$68.91
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 19.9, Growth: 36.0%)
$215.98
(+214%)
Base:
(SPY PE: 15.9, Growth: 36.0%)
$173.38
(+152%)
Bear:
(PE: 13.6, Growth: 36.0%)
$147.38
(+114%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (34x PE), but valuation improves significantly next year (16x PE) as earnings recover.
Trailing PE: 33.93 | Current EPS (TTM): $2.03
Bull Case
$151.51
(+120%)
Analyst growth 100.0%, PE expands to 37.3
Base Case
$137.74
(+100%)
Market implied 100.0%, PE stable at 33.9
Bear Case
$46.83
(-32%)
Severe decline -20.0%, PE contracts to 28.8
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 15.9 to 17.8
Stabilization Target:
$76.93
(+11.6%)
PE Expansion Potential:
+11.6%
Share & Embed Analysis
Last updated: October 22, 2026 4:52 PM ET
Data refreshes hourly during market hours. Next update: 5:52 PM
Data refreshes hourly during market hours. Next update: 5:52 PM
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Technical Signals Check
Is FCX showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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Advanced FCX Option Strategies
Professional options setups generated by AI based on today's FCX price and gamma walls.
