Freeport-McMoran (FCX) Stock: Buy, Sell, or Hold?
FCX - Freeport-McMoran Inc.
$71.71
2.43 (3.51%)
â˛
5d:
-0.83%
30d:
-3.0%
90d:
+17.56%
WAIT
LOW Confidence
Analysis Updated: Oct 2, 2026 12:00 AM ET
Earnings: Oct 22, 2026
19d
Get Alerted When FCX Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
âšī¸ NEUTRAL: FCX is fairly priced but lacks strong directional signals. At -2.3% expected growth, valuation appears fair. Wait for clearer setup or better entry on dips.
âšī¸ NEUTRAL: FCX is fairly priced but lacks strong directional signals. At -2.3% expected growth, valuation appears fair. Wait for clearer setup or better entry on dips.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$144.10
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$89.48
19.9% 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 $71.71, which is considered slightly low relative to its 30-day fair value range of $70.11 to $76.20. The stock's valuation (Forward PE: 16.7) is in line with its historical norms (17.8). Remarkably, the market is currently pricing in an annual earnings decline of 2.3% 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 in a uptrend. Immediate support is located at $68.20, while resistance sits at $74.90. The stock is showing strong short-term momentum, up 3.5% recently.
Market Sentiment: The stock scores a mixed 54/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, FCX is in a uptrend. Immediate support is located at $68.20, while resistance sits at $74.90. The stock is showing strong short-term momentum, up 3.5% recently.
Market Sentiment: The stock scores a mixed 54/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$70.11 -
$76.20
Company Quality Score
51/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
79.5%
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
- NEUTRAL: Mixed technical signals (54/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+3.5%)
- NEUTRAL: Near Wall St target ($72.77)
- WARNING: Composite score 51/100 in the bottom quintile â this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$70.11 -
$76.20
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$68.20
Resistance Level
$74.90
Current Trend
Uptrend
Technical data as of
Oct 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
16.67
Wall Street Target
$72.77
(+5.0%)
Revenue Growth (YoY)
-7.3%
Earnings Growth (YoY)
28.1%
Profit Margin
11.4%
Valuation Discount vs History
-2.3% cheaper
PE vs Historical
16.7 vs 17.8
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-2.3%
(market-implied from PE analysis)
1-Year Target
$67.69
(-2%)
2-Year Target
$66.13
(-5%)
3-Year Target
$64.61
(-7%)
3-Yr Target (if PE normalizes)
(PE: 17â18)
$69.01
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.4, Growth: 36.4%)
$215.24
(+211%)
Base:
(SPY PE: 16.7, Growth: 36.4%)
$175.83
(+154%)
Bear:
(PE: 14.2, Growth: 36.4%)
$149.46
(+116%)
đ
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (34x PE), but valuation improves significantly next year (17x PE) as earnings recover.
Trailing PE: 34.31 | Current EPS (TTM): $2.04
Bull Case
$154.00
(+122%)
Analyst growth 100.0%, PE expands to 37.8
Base Case
$140.00
(+102%)
Market implied 100.0%, PE stable at 34.3
Bear Case
$47.60
(-31%)
Severe decline -20.0%, PE contracts to 29.2
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
đĄ
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 16.7 to 17.8
Stabilization Target:
$74.00
(+6.8%)
PE Expansion Potential:
+6.8%
Share & Embed Analysis
Last updated: October 02, 2026 2:36 PM ET
Data refreshes hourly during market hours. Next update: 3:36 PM
Data refreshes hourly during market hours. Next update: 3:36 PM
đĨ Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is FCX showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Copper Stocks
Top-rated stocks in Copper by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
HBM
Hudbay Minerals Inc. |
STRONG BUY
19 analysts |
$35 | 58 HOLD |
|
TECK
Teck Resources Ltd ClassâĻ |
STRONG BUY
23 analysts |
$53 | 49 HOLD |
|
ERO
Ero Copper Corp |
STRONG BUY
14 analysts |
$41 | 41 HOLD |
|
TGB
Taseko Mines Ltd |
STRONG BUY
7 analysts |
$10 | 52 HOLD |
|
SCCO
Southern Copper CorporatâĻ |
SELL
17 analysts |
$171 | 58 HOLD |
Advanced FCX Option Strategies
Professional options setups generated by AI based on today's FCX price and gamma walls.
