Freeport-McMoRan (FCX) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Freeport-McMoRan (FCX) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 9, 2024 (09:30)

Sector: Basic materials

The share price of Freeport-McMoRan Inc. (FCX) now

Latest session on the 8th of May for
Freeport-McMoRan Inc. is negative
Trading Volume: 14197740
Open: 50.2 /  High: 50.71 /  Low: 49.425
What analysts predict: $49.22
52-week High/Low: $52.52 / $32.58

50/200 Day Moving Average: $46.2 / $40.54

This figure corresponds to the Average Price over the previous 50/200 days. For Freeport-McMoRan stocks, the 50-day moving average is the support level today.

For Freeport-McMoRan stocks, the 200-day moving average is the support level today.

Are you interested in Freeport-McMoRan Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Freeport-McMoRan stock price in 2024, 2025, 2026, 2027, 2028. How much will one Freeport-McMoRan share be worth in 2024 - 2028?

When should I take profit in Freeport-McMoRan stock? When should I record a loss on Freeport-McMoRan stock? What are analysts' forecasts for Freeport-McMoRan stock? What is the future of Freeport-McMoRan stock? We forecast Freeport-McMoRan stock performance using neural networks based on historical data on Freeport-McMoRan stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Freeport-McMoRan stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Freeport-McMoRan shares. This happens once a day.


Historical and forecast chart of Freeport-McMoRan stock

The chart below shows the historical price of Freeport-McMoRan stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Freeport-McMoRan stock price can be found in the table below.

Long-term forecasts by years.

Freeport-McMoRan Inc., often referred to as Freeport, is the world’s lowest cost American copper producer and one of the world’s largest gold producers. Freeport is the largest molybdenum producer and the second largest copper producer in the world. In 2015, 67% of its revenues came from the sale of copper, 11% from the sale of oil, 10% from the sale of gold, and 5% from the sale of molybdenum. In 2015, Phillips 66 sales accounted for 7% of the company’s total revenues.

Freeport-McMoRan daily forecast for a month

Date Target Pes. Opt. Vol., %
May 11 51.14 50.35 51.94 3.17
May 12 51.50 50.52 52.70 4.31
May 13 51.42 50.74 52.08 2.64
May 14 51.51 50.51 51.85 2.66
May 15 52.25 51.41 53.19 3.48
May 16 52.61 52.06 53.45 2.67
May 17 51.92 51.41 52.25 1.64
May 18 52.28 51.60 52.80 2.31
May 19 53.03 52.65 53.97 2.51
May 20 51.57 50.48 52.59 4.17
May 21 50.55 50.03 51.67 3.27
May 22 51.29 50.83 51.74 1.79
May 23 51.35 50.47 52.11 3.24
May 24 52.75 52.04 53.81 3.41
May 25 52.06 51.56 52.63 2.09
May 26 53.23 52.73 54.14 2.66
May 27 54.09 52.82 54.41 3.01
May 28 53.99 53.47 54.85 2.57
May 29 53.00 52.21 53.50 2.47
May 30 51.43 50.72 52.57 3.65
May 31 52.20 51.32 52.69 2.65
Jun 01 52.67 51.61 53.43 3.52
Jun 02 51.94 51.17 52.83 3.26
Jun 03 52.47 51.36 52.90 3.00
Jun 04 51.97 51.46 52.83 2.67
Jun 05 52.73 52.23 53.91 3.21
Jun 06 52.40 51.68 53.11 2.77
Jun 07 53.11 52.76 54.27 2.87
Jun 08 51.87 50.76 52.97 4.35
Jun 09 51.84 50.83 52.89 4.07

Freeport-McMoRan Daily Price Targets


Freeport-McMoRan Stock Forecast 05-11-2024.

Forecast target price for 05-11-2024: $51.14.
Positive dynamics for Freeport-McMoRan shares will prevail with possible volatility of 3.072%.
Pessimistic target level: 50.35
Optimistic target level: 51.94

Freeport-McMoRan Stock Forecast 05-12-2024.

Forecast target price for 05-12-2024: $51.50.
Positive dynamics for Freeport-McMoRan shares will prevail with possible volatility of 4.133%.
Pessimistic target level: 50.52
Optimistic target level: 52.70

Freeport-McMoRan Stock Forecast 05-13-2024.

Forecast target price for 05-13-2024: $51.42.
Negative dynamics for Freeport-McMoRan shares will prevail with possible volatility of 2.577%.
Pessimistic target level: 50.74
Optimistic target level: 52.08

Freeport-McMoRan Stock Forecast 05-14-2024.

Forecast target price for 05-14-2024: $51.51.
Positive dynamics for Freeport-McMoRan shares will prevail with possible volatility of 2.593%.
Pessimistic target level: 50.51
Optimistic target level: 51.85

Freeport-McMoRan Stock Forecast 05-15-2024.

Forecast target price for 05-15-2024: $52.25.
Positive dynamics for Freeport-McMoRan shares will prevail with possible volatility of 3.360%.
Pessimistic target level: 51.41
Optimistic target level: 53.19

Freeport-McMoRan Stock Forecast 05-16-2024.

Forecast target price for 05-16-2024: $52.61.
Positive dynamics for Freeport-McMoRan shares will prevail with possible volatility of 2.599%.
Pessimistic target level: 52.06
Optimistic target level: 53.45

FCX (FCX) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 51.98 49.17 54.29 9.42
Jul. 54.60 50.21 58.53 14.22
Aug. 54.73 50.07 57.75 13.31
Sep. 56.76 51.45 58.13 11.48
Oct. 52.20 48.13 57.21 15.88
Nov. 51.51 49.90 52.99 5.83
Dec. 48.73 45.16 50.07 9.81

Freeport-McMoRan forecast for this year


Freeport-McMoRan Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $51.9776. Pessimistic: $49.17. Optimistic: $54.29


Freeport-McMoRan Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $54.5972. Pessimistic: $50.21. Optimistic: $58.53


Freeport-McMoRan Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $54.7283. Pessimistic: $50.07. Optimistic: $57.75


Freeport-McMoRan Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $56.7641. Pessimistic: $51.45. Optimistic: $58.13


Freeport-McMoRan Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $52.2003. Pessimistic: $48.13. Optimistic: $57.21


Freeport-McMoRan Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $51.5113. Pessimistic: $49.90. Optimistic: $52.99


Freeport-McMoRan Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $48.7297. Pessimistic: $45.16. Optimistic: $50.07



Freeport-McMoRan (FCX) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 50.83 47.54 53.76 11.57
Feb 52.60 47.62 55.07 13.53
Mar 47.24 46.10 49.68 7.19
Apr 47.86 46.71 50.16 6.87
May 48.26 44.09 51.16 13.81
Jun 51.28 47.21 55.03 14.20
Jul 57.31 54.69 62.53 12.54
Aug 63.70 61.64 66.22 6.93
Sep 62.63 57.60 65.49 12.05
Oct 63.76 59.17 68.65 13.82
Nov 63.22 57.68 65.35 11.73
Dec 60.19 56.94 65.32 12.83

Freeport-McMoRan (FCX) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 59.10 54.42 61.87 12.04
Feb 60.31 57.70 63.86 9.63
Mar 61.54 57.04 63.02 9.49
Apr 55.78 50.89 59.26 14.12
May 58.32 55.66 63.15 11.86
Jun 57.76 54.37 61.02 10.90
Jul 64.49 58.53 68.74 14.86
Aug 63.56 59.90 67.75 11.59
Sep 61.80 56.24 66.11 14.92
Oct 64.25 59.09 69.88 15.45
Nov 67.80 62.43 71.22 12.34
Dec 65.68 62.69 71.04 11.76

Freeport-McMoRan (FCX) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 64.50 62.41 68.45 8.82
Feb 67.83 62.86 70.27 10.54
Mar 72.14 69.72 74.74 6.72
Apr 79.68 76.81 85.70 10.38
May 87.71 79.60 91.92 13.40
Jun 83.29 79.79 86.88 8.17
Jul 82.39 79.22 89.11 11.09
Aug 87.82 85.40 93.94 9.09
Sep 82.34 75.92 85.21 10.90
Oct 73.15 68.50 77.10 11.16
Nov 70.08 65.62 75.72 13.33
Dec 67.39 65.61 71.92 8.77

Freeport-McMoRan (FCX) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 69.82 67.39 75.43 10.66
Feb 74.93 72.23 81.49 11.36
Mar 74.30 67.88 80.36 15.53
Apr 80.72 75.58 86.14 12.26
May 84.59 81.24 86.93 6.54
Jun 82.76 80.38 90.51 11.19
Jul 83.66 75.63 89.78 15.77
Aug 90.99 86.51 94.37 8.33
Sep 88.26 85.19 92.39 7.80
Oct 84.66 77.95 89.84 13.23
Nov 75.62 71.26 81.51 12.58
Dec 68.81 67.08 74.59 10.07

Freeport-McMoRan information and performance

Freeport-McMoRan Address

333 NORTH CENTRAL AVENUE, PHOENIX, AZ, US

Market Capitalization: 74 001 596 000 $

Market capitalization of the Freeport-McMoRan Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of FCX shares in the company outstanding by the market price of one share.

EBITDA: 8 687 000 000 $

EBITDA of Freeport-McMoRan is earnings before interest, income tax and depreciation of assets.

PE Ratio: 45.08

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.2

Price/earnings to growth

DPS: 0.6

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0118

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 1.14

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.304
Quarterly Revenue Growth YOY: 0.173
Trailing PE: 45.08

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 32.89

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 3.328

Enterprise Value (EV) /Revenue

EV To EBITDA: 8.86

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 1440000000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Freeport-McMoRan (FCX) stock dividend

Freeport-McMoRan last paid dividends on 04/12/2024. The next scheduled payment will be on 05/01/2024. The amount of dividends is $0.6 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.