Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (2024)

Table of Contents
7 Stocks Poised for a Strong Second Half. And They Aren't Tech Giants. Freeport Commences Commissioning of New Indonesian Smelter and Provides Update on Second-Quarter 2024 Copper and Gold Sales Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock IBM, CRM, FCX: Importance of Data Infrastructure to A.I. Copper Shortages Signal Bright Future For Freeport-McMoRan, Alcoa, Buenaventura: Morgan Stanley Buy Freeport-McMoRan, Alcoa Stocks to Bet on Copper, Aluminum, Says Analyst Calls of the Day: Palo Alto, Tesla and Freeport-McMoran Max Resource Issues an Update on the Acquisition of the Floralia Hematite Iron Ore Property in Brazil Final Trades: Freeport-McMoran, Qualcomm, Caterpillar and Starbucks Commodity Stocks Caught Fire. Now, It's Time to Get Out. Freeport-McMoRan CEO: We are 'very focussed' on copper Freeport CEO Kathleen L. Quirk to Receive The Copper Club's Ankh Award With Over 10% Gains This Year Is Altria Stock A Better Pick Than Freeport? The Copper Trade Is Done. Buy These 8 ‘Greenflation' Stocks Instead. Hedge funds cut stakes in Magnificent Seven to invest in broader AI boom These copper stocks are buzzing as copper price hits record high Freeport-McMoRan CEO on copper: We're on a trend to have a very serious shortage S&P 500 Gains and Losses Today: Freeport-McMoRan Boosted by Record Copper Prices Trade Tracker: Stephanie Link buys more Freeport-McMoRan and the India ETF Max Resource to Purchase the Floralia Hematite Iron Ore Property in Brazil Four stocks to watch for macro signals Final Trades: Pfizer, Vertex, Freeport-McMoran and Qualcomm How to trade Fed news, plus stocks to consider Anglo American and Other Copper Stocks Have Surged. Time to Sell. Freeport-McMoRan Publishes 2023 Annual Report on Sustainability FAQs

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (1)

7 Stocks Poised for a Strong Second Half. And They Aren't Tech Giants.

It is always a good idea to look for stocks that are set up for outperformance in the near future.

Other symbols: DDDLRHIIMMMSYFUAL

6 days ago - Barrons

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (2)

Freeport Commences Commissioning of New Indonesian Smelter and Provides Update on Second-Quarter 2024 Copper and Gold Sales

PHOENIX--(BUSINESS WIRE)--Freeport (NYSE: FCX) announced today that its Indonesian subsidiary, PT Freeport Indonesia (PT-FI), substantially completed construction of its new Manyar smelter in Gresik, ...

12 days ago - Business Wire

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (3)

Freeport-McMoRan Declares Quarterly Cash Dividends on Common Stock

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors declared cash dividends of $0.15 per share on FCX's common stock payable on August 1, 2024, to s...

18 days ago - Business Wire

IBM, CRM, FCX: Importance of Data Infrastructure to A.I.

Data infrastructure is the largest and fastest growing subsector of software, notes Jessica Inskip on IBM (IBM). She and Ben Lichtenstein discuss IBM, Salesforce (CRM), and Freeport-McMoRan (FCX), as ...

Other symbols: IBMCRM

20 days ago - Schwab Network

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (4)

Copper Shortages Signal Bright Future For Freeport-McMoRan, Alcoa, Buenaventura: Morgan Stanley

Morgan Stanley analyst Carlos De Alba has upgraded Freeport-McMoRan Inc FCX, Alcoa Corp AA, and Compañía de Minas Buenaventura SAA BVN to Overweight, citing persistent copper supply challenges and pos...

Other symbols: AABVN

23 days ago - Benzinga

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (5)

Buy Freeport-McMoRan, Alcoa Stocks to Bet on Copper, Aluminum, Says Analyst

Morgan Stanley analyst Carlos De Alba upgraded both aluminum producer Alcoa and copper miner Freeport-McMoRan stock to Buy from Hold. EVs and HVACs will drive up the metals' prices.

Other symbols: AA

23 days ago - Barrons

Calls of the Day: Palo Alto, Tesla and Freeport-McMoran

The Investment Committee discuss the latest Calls Of The Day.

Other symbols: PANWTSLA

23 days ago - CNBC Television

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (6)

Max Resource Issues an Update on the Acquisition of the Floralia Hematite Iron Ore Property in Brazil

Vancouver, British Columbia--(Newsfile Corp. - June 17, 2024) - MAX RESOURCE CORP.(TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") reports further to its news release of May 16, 202...

27 days ago - Newsfile Corp

Final Trades: Freeport-McMoran, Qualcomm, Caterpillar and Starbucks

The Investment Committee gives you their top stocks to watch for the second half.

Other symbols: CATQCOMSBUX

4 weeks ago - CNBC Television

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (7)

Commodity Stocks Caught Fire. Now, It's Time to Get Out.

Investors have gotten ahead of themselves. These names have big gains, then big losses.

Other symbols: CVXSCCOXLEXOM

4 weeks ago - Barrons

Freeport-McMoRan CEO: We are 'very focussed' on copper

Kathleen Quirk, CEO of Freeport-McMoRan, and Richard Adkerson, chairman and former CEO, join 'Money Movers' to discuss the reasons behind the leadership change and more

Other symbols: CPER

4 weeks ago - CNBC Television

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (8)

Freeport CEO Kathleen L. Quirk to Receive The Copper Club's Ankh Award

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) today announced Kathleen L. Quirk will receive the Ankh Award at The Copper Club's annual dinner on June 12, 2024, in recognition of her exc...

4 weeks ago - Business Wire

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (9)

With Over 10% Gains This Year Is Altria Stock A Better Pick Than Freeport?

We believe that Altria stock (NYSE: MO) is a better pick over Freeport-McMoRan stock (NYSE: FCX), given its better prospects. Although these companies are from different sectors, we compare them becau...

Other symbols: MO

5 weeks ago - Forbes

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (10)

The Copper Trade Is Done. Buy These 8 ‘Greenflation' Stocks Instead.

Societe Generale says to consider shares of companies that mine the metal and other materials critical to the clean energy transition.

Other symbols: AAALTMIVPAFLACNXETECKWPM

6 weeks ago - Barrons

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (11)

Hedge funds cut stakes in Magnificent Seven to invest in broader AI boom

Hedge funds started cutting their stakes in the Magnificent Seven in the first quarter of 2024 and investing in broader artificial intelligence stocks instead, a new Goldman Sachs analysis shows.

Other symbols: ADBEAESFAFLFUSMRVLMUNEE

7 weeks ago - Market Watch

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (12)

These copper stocks are buzzing as copper price hits record high

Demand for copper in a diverse set of industries has been on the rise this year as the global economy continues to thrive. In fact, price of the industrial metal hit an all-time high on Tuesday.

Other symbols: BHPSCCO

7 weeks ago - Invezz

Freeport-McMoRan CEO on copper: We're on a trend to have a very serious shortage

Richard Adkerson, Freeport-McMoRan CEO, joins CNBC's 'Money Movers' to discuss the copper supply shortage, the outlook on copper demand, the data center boom, and more.

7 weeks ago - CNBC Television

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (13)

S&P 500 Gains and Losses Today: Freeport-McMoRan Boosted by Record Copper Prices

Major U.S. equities indexes were mixed to close out a trading week that saw all three market gauges pop to all-time highs amid renewed optimism about interest rate cuts.

2 months ago - Investopedia

Trade Tracker: Stephanie Link buys more Freeport-McMoRan and the India ETF

Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to detail her latest buys.

Other symbols: INDA

2 months ago - CNBC Television

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (14)

Max Resource to Purchase the Floralia Hematite Iron Ore Property in Brazil

Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to announce the completion of diligence ...

2 months ago - Newsfile Corp

Four stocks to watch for macro signals

Jake Schurmeier, Harbor Capital Advisors portfolio manager, joins CNBC's 'The Exchange' to discuss what stocks he's watching, the path to a Fed rate cut, and more.

Other symbols: NYCBSBUXWAL

2 months ago - CNBC Television

Final Trades: Pfizer, Vertex, Freeport-McMoran and Qualcomm

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: PFEQCOMVRTX

2 months ago - CNBC Television

How to trade Fed news, plus stocks to consider

The Federal Reserve has entered a two-day meeting that will end with an announcement about its decision regarding interest rates. In the meantime, debate on Wall Street has been raging over how, when,...

Other symbols: IDXX

2 months ago - Yahoo Finance

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (15)

Anglo American and Other Copper Stocks Have Surged. Time to Sell.

Copper prices and shares of copper miners have just run too hot—and look vulnerable to declines.

Other symbols: SCCO

2 months ago - Barrons

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (16)

Freeport-McMoRan Publishes 2023 Annual Report on Sustainability

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) today announced the publication of its 2023 Annual Report on Sustainability detailing its environmental, social and governance performance d...

2 months ago - Business Wire

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis (2024)

FAQs

Freeport-McMoRan Inc. (FCX) Stock Price, Quote & News - Stock Analysis? ›

Is FCX a Buy, Sell or Hold? Freeport-McMoRan has a consensus rating of Moderate Buy which is based on 8 buy ratings, 5 hold ratings and 0 sell ratings.

Is FCX a buy hold or sell? ›

Is FCX a Buy, Sell or Hold? Freeport-McMoRan has a consensus rating of Moderate Buy which is based on 8 buy ratings, 5 hold ratings and 0 sell ratings.

What is the long-term forecast for FCX? ›

Freeport-McMoRan stock prediction for 1 year from now: $ 45.90 (5.84%) Freeport-McMoRan stock forecast for 2025: $ 50.85 (16.57%) Freeport-McMoRan stock prediction for 2030: $ 109.46 (150.94%)

What is the FCX five year forecast? ›

Freeport-McMoRan Inc quote is equal to 41.970 USD at 2024-08-04. Based on our forecasts, a long-term increase is expected, the "FCX" stock price prognosis for 2029-07-25 is 78.783 USD. With a 5-year investment, the revenue is expected to be around +87.71%. Your current $100 investment may be up to $187.71 in 2029.

What is the stock price forecast for FCX in 2024? ›

Freeport-McMoRan stock price stood at $45.00

According to the latest long-term forecast, Freeport-McMoRan price will hit $60 by the end of 2024 and then $80 by the end of 2025.

Is FCX undervalued? ›

Share Price vs Fair Value

Significantly Below Fair Value: FCX is trading below fair value by more than 20%.

Is FCX a dividend stock? ›

FCX pays a dividend of $0.07 per share. FCX's annual dividend yield is 1.32%. When is Freeport-McMoRan ex-dividend date?

Who is the largest shareholder of FCX? ›

Hedge funds don't have many shares in Freeport-McMoRan. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 8.4% of shares outstanding.

How much debt does FCX have? ›

Total debt on the balance sheet as of March 2024 : $9.42 B

According to Freeport-McMoRan's latest financial reports the company's total debt is $9.42 B.

Who bought FCX? ›

FCX Performance, Inc. (“FCX”), a portfolio company of Harvest Partners, LP (“Harvest Partners”), recently completed its sale to Applied Industrial Technologies (“Applied”) (NYSE: AIT) for approximately $784 million.

What stock will boom in 2024? ›

Best S&P 500 stocks as of August 2024
Company and ticker symbolPerformance in 2024
General Electric (GE)66.9%
Constellation Energy (CEG)62.4%
Targa Resources (TRGP)55.7%
Mohawk Industries (MHK)55.6%
6 more rows

How does FCX make money? ›

Copper is bought by third-parties for use in construction and the manufacture of electrical appliances and industrial machinery. Gold is mainly sold to jewelry players and certain sensitive electronics industries. Molybdenum is primarily sold to the steel industry to make steel alloys.

How much gold does FCX produce? ›

Freeport-McMoRan's gold production volume 2019-2023

In 2023, the Arizona-based Freeport McMoRan's gold production totaled nearly two million recoverable ounces, an increase of over ten percent in comparison to the previous year.

Is Energy Transfer stock a buy sell or hold? ›

Energy Transfer LP has 20.44% upside potential, based on the analysts' average price target. Energy Transfer LP has a consensus rating of Strong Buy which is based on 8 buy ratings, 1 hold ratings and 0 sell ratings.

What is FCU stock price prediction? ›

FCU Stock 12 Month Forecast

Based on 3 Wall Street analysts offering 12 month price targets for Fission Uranium in the last 3 months. The average price target is C$2.23 with a high forecast of C$2.63 and a low forecast of C$1.75. The average price target represents a 125.53% change from the last price of C$0.99.

What is the analyst rating for FCX? ›

Analyst Ratings Freeport-McMoRan Inc.
3 Months AgoCurrent
Buy1012
Overweight33
Hold109
Underweight00
2 more rows

Is Oshkosh a buy? ›

Oshkosh's analyst rating consensus is a Moderate Buy. This is based on the ratings of 7 Wall Streets Analysts.

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