Should I buy Freeport-McMoRan (FCX) stock or is it too late?
⭐ The most reliable of them, either direction: Bernstein — 67% of its targets hit on this sector (9 calls tested). It aims for $47 (-35 %), call made on September 10, 2026, maturing on September 10, 2027 (34 d ago).
Firm-by-firm track record on Freeport-McMoRan
| Firm | % right | Gain vs sector | Calls | Aims for |
|---|---|---|---|---|
| UBS | 78 % | +83.1 % | 9 | $78 +8% |
| Morgan Stanley | 56 % | +75.2 % | 16 | $75 +4% |
| BMO Capital | 86 % | +72.5 % | 7 | $47 -35% |
| B. Riley Securities | 40 % | +72.4 % | 5 | $19 -74% |
| Barclays | 67 % | +70.6 % | 6 | $83 +15% |
| Scotiabank | 58 % | +42.4 % | 12 | $77 +6% |
| B of A Securities | 67 % | +40.6 % | 12 | $80 +10% |
| Citigroup | 31 % | +22.4 % | 13 | $84 +16% |
✅ Reasons to believe
- 73% of analysts rate it a buy (Buy consensus, 11 ratings) — a sign of market conviction.
- Median price target $80, i.e. +10% from the current price ($72).
⚠️ Reasons to hesitate
- Even the most reliable firm on FCX, BMO Capital (86% hit rate, 7 scored calls), only targets $47 (call made on November 19, 2025, maturing on November 19, 2026) (-35%) in its most recent call. The stock may already have run past its target.
- The consensus is not unanimous: of 11 ratings, 3 are neutral.
- High valuation (P/E ~36): strong growth is already "priced in", leaving little room for error.
- A 12-month target is not a guaranteed path: the price can fall in the meantime.
The analyst consensus on FCX
Median target $80 (+10%) · 11 ratings · Buy consensus
⚠️ Information, not investment advice. Past performance does not guarantee future results. Analyst targets on a ~12-month horizon.
Frequently asked questions
Should you invest in Freeport-McMoRan now?
We won't decide for you. The facts: 73% of analysts rate it a buy, median target $80 (+10%), and BMO Capital (most reliable on FCX, 86%) targets $47. Weigh that against valuation (P/E ~36). This is not personalized advice.
Is it too late to invest in Freeport-McMoRan?
Not according to analysts: the median target ($80) is still +10% above the current price ($72) (most reliable on FCX: BMO Capital, 86%). The real question isn't "too late" but the price-to-value gap and risk. Not advice.
Is Freeport-McMoRan still worth investing in?
It depends on the gap between the price ($72) and its estimated value: analysts target $80 on median (+10%), with 73% buys (most reliable on FCX: BMO Capital, 86%). Cross-check with their real reliability on FCX and the cautions above. Information, not advice.
What's the main risk in buying FCX?
Even the most reliable firm on FCX, BMO Capital (86% hit rate, 7 scored calls), only targets $47 (call made on November 19, 2025, maturing on November 19, 2026) (-35%) in its most recent call. The stock may already have run past its target.
→ Go deeper: the full Freeport-McMoRan profile (consensus, analyst reliability, price target, performance).