NASDAQ · FCX
Basic Materials · Copper
$62.47
Down-$3.69 (-5.58%)
Updated Nov 1, 2026, 6:29 PM
SID Score
5.5/10
Composite research score
Smart Money
59/100
Neutral
Price performance · FCX
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 30, 2026
FCX closed at $62.47 after 20 trading sessions, down 13.95% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 30, 2026 | $62.92 | $63.90 | $61.425 | $62.47 | 17.94M |
| Oct 29, 2026 | $65.24 | $66.66 | $64.14 | $66.14 | 11.2M |
| Oct 28, 2026 | $65.97 | $66.65 | $64.97 | $66.60 | 9.65M |
| Oct 27, 2026 | $65.50 | $66.55 | $64.15 | $65.95 | 11.86M |
| Oct 26, 2026 | $65.25 | $65.605 | $64.25 | $65.16 | 9.16M |
| Oct 23, 2026 | $64.57 | $65.72 | $64.00 | $65.18 | 11.19M |
| Oct 22, 2026 | $66.175 | $66.61 | $64.16 | $64.59 | 13.55M |
| Oct 21, 2026 | $68.34 | $68.94 | $67.22 | $68.90 | 9.71M |
| Oct 20, 2026 | $68.05 | $70.045 | $67.23 | $68.87 | 9.01M |
| Oct 19, 2026 | $69.87 | $70.085 | $68.5552 | $69.75 | 9.09M |
| Oct 16, 2026 | $70.09 | $71.79 | $68.80 | $69.54 | 12.07M |
| Oct 15, 2026 | $67.50 | $70.25 | $66.13 | $70.06 | 16.15M |
| Oct 14, 2026 | $70.98 | $71.615 | $68.68 | $69.62 | 12.44M |
| Oct 13, 2026 | $73.00 | $73.25 | $71.51 | $72.42 | 7.32M |
| Oct 12, 2026 | $73.49 | $73.85 | $72.955 | $73.29 | 8.77M |
| Oct 9, 2026 | $73.02 | $74.00 | $72.505 | $73.69 | 6.98M |
| Oct 8, 2026 | $70.60 | $72.18 | $70.13 | $71.14 | 11.87M |
| Oct 7, 2026 | $71.32 | $72.10 | $70.62 | $71.86 | 14.21M |
| Oct 6, 2026 | $72.84 | $73.29 | $70.89 | $72.56 | 9.18M |
| Oct 5, 2026 | $72.22 | $73.515 | $71.42 | $72.60 | 13.71M |
The latest Smart Investors Daily articles mentioning FCX.
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Market Activity
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FCX research
Company profile and research snapshot.
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2024, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2024. We expect it to sell similar amounts of copper midcycle in 2029, though we expect gold volumes to decline to about 650,000 ounces then due to falling production at Grasberg.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 28, 2026 | UBS | Buy | — |
| Oct 28, 2026 | Scotiabank | Sector Outperform | — |
| Oct 28, 2026 | JP Morgan | Overweight | — |
| Oct 28, 2026 | Wells Fargo | Overweight | — |
| Oct 19, 2026 | Barclays | Overweight | — |
Generated Nov 1, 2026, 5:19 PM
Freeport-McMoRan shares fell sharply today as copper markets face headwinds from a cooling AI trade and disappointing response to supply-side developments. Despite industry recognition of FCX as a stock to watch, broader market pessimism around non-ferrous metals is weighing on the mining giant's valuation.
Bottom line: FCX's 5.58% decline reflects broader market skepticism about near-term copper demand as the AI trade cools and mega-mine supply relief fails to impress. While FCX's fundamental value proposition remains sound for long-term investors, near-term volatility is likely until macro demand signals stabilize and copper prices find support.
Yahoo · Oct 30, 2026
Despite the Zacks Mining - Non Ferrous industry's weak near-term outlook, stocks like SCCO, FCX, FQVLF, LUNMF and LEU are worth keeping an eye on given their growth potential.
Benzinga · Oct 30, 2026
Rio Tinto halts Oyu Tolgoi amid global copper disruptions. See how operational risks and AI demand shifts are impacting metal prices.
SeekingAlpha · Oct 29, 2026
Freeport-McMoRan Q3 earnings surged on higher copper prices, but lower 2026 guidance and rising capex temper upside. See why FCX stock is downgraded to a hold.
Yahoo · Oct 29, 2026
Freeport-McMoRan stock inched up about 1% to US$66.60 after posting its Q3 2026 report, a muted move for a miner that just reported strong profits. The real story sits in earnings power. Basic earnings per share came in at US$0.81 on revenue of US$7.55b, supported by stronger copper economics and wider net margins. In the short term, the price reaction looks cautious. Over a longer horizon, a 13% trailing net profit margin and a P/E near 27.8x keep the conversation focused on how much future...
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The latest Smart Investors Daily articles mentioning FCX.
