Freeport-McMoRan, Inc.
FCX
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.
- Freeport-McMoRan is strategically positioned in the copper industry, which is essential for the transition to renewable energy and electric vehicles, driving long-term demand.
- Revenue increased by 13% compared to the prior quarter, reaching $7.0 billion.
- Gross margin improved to 31.1%, up from 26.5% in the previous quarter.
- The company faces significant competition in the copper market, which can pressure margins and pricing.
- Trailing P/E ratio stands at 35.74, indicating the stock may be overvalued compared to historical averages.
- Revenue growth has declined by 7.3% year-over-year, reflecting potential challenges in maintaining sales momentum.
Fundamentals
| Market cap | $102.16B | Enterprise value | $120.55B | Trailing P/E | 35.04 | Forward P/E | 16.58 |
| PEG | 4.49 | Price / book | 5.08 | Beta | 1.39 | Dividend yield | 0.84% |
| Revenue growth | -7.3% | Earnings growth | 28.1% | Gross margin | 38.3% | Operating margin | 33.4% |
| Profit margin | 11.4% | ROE | 14.8% | ROA | 7.6% | Debt / equity | 0.32 |
| Current ratio | 2.07 | Free cash flow | $2.16B | Analyst recommendation | buy | Mean target | $77.14 |
| 52w high | $80.24 | 52w low | $38.54 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $7.0B | $6.2B | $5.6B | $7.0B | $7.6B |
| Op margin | 28.2% | 23.1% | 14.4% | 28.1% | 32.1% |
| Net income | $984M | $881M | $406M | $674M | $772M |
| Gross margin | 31.1% | 26.5% | 18.1% | 30.7% | 34.7% |
| Gross profit | $2.2B | $1.7B | $1.0B | $2.1B | $2.6B |
| Operating income | $2.0B | $1.4B | $811M | $2.0B | $2.4B |
- Revenue +13% vs prior quarter ($7.0B vs $6.2B).
- Gross margin 31.1% (was 26.5% prior quarter).
- Operating margin expanded to 28.2%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $25.9B | $25.5B | $22.9B | $22.8B | — |
| Op margin | 25.1% | 27.0% | 27.2% | 30.9% | — |
| Net income | $2.2B | $1.9B | $1.8B | $3.5B | — |
| Gross margin | 28.2% | 30.1% | 31.3% | 33.8% | — |
| Gross profit | $7.3B | $7.7B | $7.2B | $7.7B | — |
| Operating income | $6.5B | $6.9B | $6.2B | $7.0B | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-09 · Jefferies Adjusts Price Target on Freeport-McMoRan to $90 From $82
2026-10-08 · Freeport-McMoRan (FCX) Suffers a Larger Drop Than the General Market: Key Insights
2026-10-08 · UBS Adjusts Price Target on Freeport-McMoRan to $88 From $77, Maintains Buy Rating
2026-10-08 · CICC Adjusts Price Target on Freeport-McMoRan to $78 From $68
2026-10-07 · JPMorgan Adjusts Price Target on Freeport-McMoRan to $92 From $77
2026-10-07 · Is Trending Stock Freeport-McMoRan Inc. (FCX) a Buy Now?
2026-10-07 · How Gold Shipment Deferrals and Steady Copper Output Could Shape Freeport-McMoRan’s (FCX) Risk Profile
2026-10-06 · Deutsche Bank Raises Freeport-McMoRan Price Target to $80 From $70, Maintains Buy Rating
2026-10-06 · Will Freeport-McMoRan (FCX) Beat Estimates Again in Its Next Earnings Report?
2026-10-06 · 3 Sectors Where Volatility Is Creating Entry Points, Not Exit Signals
2026-10-06 · BNP Paribas Adjusts Price Target on Freeport-McMoRan to $80 From $79, Maintains Outperform Rating
2026-10-06 · Wells Fargo Adjusts Price Target on Freeport-McMoRan to $87 From $70, Maintains Overweight Rating
Price (daily)
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