Is Freeport-McMoRan Inc (NYSE: FCX) Back In The Buying Zone?

Currently, there are 1.44B common shares owned by the public and among those 1.43B shares have been available to trade.

The company’s stock has a 5-day price change of 0.00% and 1.94% over the past three months. FCX shares are trading -13.54% year to date (YTD), with the 12-month market performance up to 7.95% higher. It has a 12-month low price of $27.60 and touched a high of $52.31 over the same period. FCX has an average intraday trading volume of 15.88 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.74%, 7.35%, and 0.85% respectively.

Institutional ownership of Freeport-McMoRan Inc (NYSE: FCX) shares accounts for 85.96% of the company’s 1.44B shares outstanding.

It has a market capitalization of $58.80B and a beta (3y monthly) value of 1.63. The stock’s trailing 12-month PE ratio is 33.79, while the earnings-per-share (ttm) stands at $1.21. The company has a PEG of 1.50 and a Quick Ratio of 1.13 with the debt-to-equity ratio at 0.53. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.75% over the week and 1.93% over the month.

Earnings per share for the fiscal year are expected to increase by 10.68%, and 32.80% over the next financial year.

Looking at the support for the FCX, a number of firms have released research notes about the stock. Scotiabank stated their Sector Outperform rating for the stock in a research note on June 16, 2025, with the firm’s price target at $48. Wolfe Research coverage for the Freeport-McMoRan Inc (FCX) stock in a research note released on April 16, 2025 offered a Outperform rating with a price target of $39. JP Morgan was of a view on March 20, 2025 that the stock is Overweight, while Deutsche Bank gave the stock Buy rating on March 06, 2025, issuing a price target of $47. Jefferies on their part issued Buy rating on February 27, 2025.

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