SeekingAlpha · Sep 12, 2026
Freeport-McMoRan: The Copper-AI Supercycle And Big Risks
Copper prices are surgingâsee how macro tailwinds and key risks impact Freeport-McMoRan (FCX), plus valuation and growth insights.
NASDAQ · FCX
Freeport-McMoRan Inc.
Basic Materials · Copper
$69.38
Up+$0.02 (+0.03%)
Updated Sep 16, 2026, 1:27 PM
SID Score
7.2/10
Composite research score
Smart Money
61/100
Neutral
- Market cap
- 69.08B
- P/E ratio
- 33.6
- Dividend yield
- 0.86%
- 52-week range
- $46.43 – $80.24
- Volume
- 7.54M
- Avg. volume
- 19.29M
Price performance
FCX price history
1M range · 20 trading sessions · Daily adjusted prices
FCX closed at $69.38 after 20 trading sessions, up 4.61% for the selected period.
- Last close
- $69.38
- Period change
- +4.61%
- Period low
- $66.32
- Period high
- $79.91
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 15, 2026 | $69.44 | $69.78 | $68.35 | $69.38 | 7.54M |
| Sep 14, 2026 | $67.315 | $70.06 | $67.01 | $69.34 | 11.04M |
| Sep 11, 2026 | $71.46 | $72.70 | $70.925 | $71.07 | 10.77M |
| Sep 10, 2026 | $70.25 | $71.60 | $68.85 | $71.21 | 22.19M |
| Sep 9, 2026 | $77.03 | $78.13 | $75.82 | $76.23 | 10.21M |
| Sep 8, 2026 | $75.98 | $78.64 | $75.50 | $76.62 | 16.8M |
| Sep 4, 2026 | $71.72 | $73.285 | $71.4534 | $72.73 | 7.27M |
| Sep 3, 2026 | $75.34 | $75.54 | $71.45 | $72.56 | 11.28M |
| Sep 2, 2026 | $73.04 | $75.64 | $72.76 | $73.93 | 11.96M |
| Sep 1, 2026 | $73.55 | $75.50 | $72.37 | $72.47 | 12.81M |
| Aug 31, 2026 | $76.95 | $77.01 | $74.88 | $75.74 | 14.02M |
| Aug 28, 2026 | $78.565 | $78.73 | $75.90 | $76.45 | 18.06M |
| Aug 27, 2026 | $78.83 | $79.835 | $78.17 | $78.42 | 15.11M |
| Aug 26, 2026 | $79.34 | $80.24 | $78.28 | $79.00 | 18.33M |
| Aug 25, 2026 | $77.13 | $79.95 | $76.80 | $79.91 | 15.8M |
| Aug 24, 2026 | $78.39 | $78.88 | $76.1112 | $77.80 | 21.44M |
| Aug 21, 2026 | $74.46 | $77.33 | $74.4015 | $76.66 | 28.52M |
| Aug 20, 2026 | $67.815 | $71.515 | $67.72 | $71.22 | 17.65M |
| Aug 19, 2026 | $68.90 | $69.86 | $67.26 | $69.09 | 16.7M |
| Aug 18, 2026 | $67.075 | $68.03 | $65.71 | $66.32 | 10.49M |
Latest FCX news
The latest Smart Investors Daily articles mentioning FCX.
Stock researchCompany · Overview
FCX research
Overview
Company profile and research snapshot.
Company profile
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 websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $48.10
- Implied upside
- —
- Analysts
- 15
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 9, 2026 | Bernstein | Market Perform | — |
| Jul 27, 2026 | Barclays | Overweight | — |
| Jul 24, 2026 | RBC Capital | Sector Perform | — |
| Jul 24, 2026 | Wells Fargo | Overweight | — |
| Jul 16, 2026 | Barclays | Overweight | — |
News briefing
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SeekingAlpha · Sep 11, 2026
Freeport-McMoRan Inc. (FCX) Presents at Jefferies Global Industrials Conference 2026 Transcript
Yahoo · Sep 11, 2026
Freeport-McMoRan Eyes Grasberg Ramp-Up, U.S. Copper Growth From Leaching
Freeport-McMoRan (NYSE:FCX) is prioritizing the ramp-up of its Grasberg operations in Indonesia, potential U.S. production growth and an emerging leaching technology initiative that management believes could materially expand copper recovery from previously mined material. Speaking at a Jefferies c
Yahoo · Sep 10, 2026
Why Freeport-McMoRan (FCX) Dipped More Than Broader Market Today
In the closing of the recent trading day, Freeport-McMoRan (FCX) stood at $71.21, denoting a -6.59% move from the preceding trading day.
AI research layers
Interpretive context generated from the platform’s current data sources.
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