Freeport-McMoRan Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Freeport-McMoRan stock have an average target of 71.09, with a low estimate of 58.5 and a high estimate of 81. The average target predicts an increase of 13.84% from the current stock price of 62.45.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$58.5	$71.09	$72	$81
Change	-6.33%	+13.84%	+15.29%	+29.70%

Analyst Ratings

The average analyst rating for Freeport-McMoRan stock from 23 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	10	12	12	13	13	13
Buy	6	6	6	5	6	6
Hold	4	2	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	21	21	21	22	23	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bob Brackett Bernstein	Bernstein	Hold Maintains $54 → $59	Hold	Maintains	$54 → $59	-6.33%	Jun 10, 2026
Sam Crittenden RBC Capital	RBC Capital	Hold Maintains $70	Hold	Maintains	$70	+12.09%	Jun 4, 2026
Nick Cash Goldman Sachs	Goldman Sachs	Buy Reiterates $68 → $75	Buy	Reiterates	$68 → $75	+20.10%	Jun 2, 2026
Richard Garchitorena Barclays	Barclays	Buy Initiates $77	Buy	Initiates	$77	+23.30%	May 21, 2026
Daniel Major UBS	UBS	Buy Reiterates $74 → $75	Buy	Reiterates	$74 → $75	+20.10%	May 21, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

28.65B

from 25.92B

10.55%

from 25.92B

Revenue Next Year

34.46B

from 28.65B

20.30%

from 28.65B

EPS This Year

2.77

from 1.77

56.47%

from 1.77

EPS Next Year

3.93

from 2.77

41.79%

from 2.77

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	22.85B	22.78B	22.86B	25.46B	25.92B	28.65B	34.46B
Revenue Growth	60.90%	-0.29%	0.33%	11.38%	1.81%	10.55%	20.30%
EPS	2.90	2.39	1.28	1.30	1.52	2.58	3.92
EPS Growth	607.32%	-17.59%	-46.44%	1.56%	16.92%	69.70%	51.90%
Forward PE	-	-	-	-	-	24.21	15.94
No. Analysts	-	-	-	-	-	17	17

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	31.4B	42.2B
Avg	28.6B	34.5B
Low	26.9B	31.0B

Revenue Growth

Revenue Growth	2026	2027
High	21.1%	47.1%
Avg	10.6%	20.3%
Low	3.9%	8.2%

EPS Forecast

EPS	2026	2027
High	3.38	5.32
Avg	2.77	3.93
Low	2.07	2.58

EPS Growth

EPS Growth	2026	2027
High	91.0%	92.1%
Avg	56.5%	41.8%
Low	16.9%	-6.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.