Latest FCX news and sentiment

Freeport-McMoRan (FCX) Surpasses Market Returns: Some Facts Worth Knowing

In the latest trading session, Freeport-McMoRan (FCX) closed at $70.84, marking a +2.3% move from the previous day. This move outpaced the S&P 500's daily gain of 1.14%. Elsewhere, the Dow saw an upswing of 0.61%, while the tech-heavy Nasdaq appreciated by 1.69%. Coming into today, shares of the mining company had gained 0.22% in the past month. In that same time, the Basic Materials sector lost 1.36%, while the S&P 500 lost 2.85%. The investment community will be closely monitoring the performance of Freeport-McMoRan in its forthcoming earnings report. The company is predicted to post an EPS

Freeport-McMoRan (NYSE:FCX) Shares Up 2.3% on Analyst Upgrade

Freeport-McMoRan (NYSE:FCX) shares saw a 2.3% increase after Royal Bank of Canada raised its price target from $73 to $85, maintaining a "sector perform" rating. The company has a consensus "Moderate Buy" rating from analysts and recently reported strong quarterly earnings, beating expectations with $0.74 EPS on $7.03 billion in revenue. Despite recent insider stock sales totaling $8.4 million, institutional investors and hedge funds continue to hold significant stakes.

Copper Hit a Record High as Chile Posts Its Weakest Output in 19 Years

US Metal News News Commentary VANCOUVER, BC, Sept. 17, 2026 /PRNewswire/ -- London Metal Exchange three-month copper touched an intraday all-time high of $14,694 per tonne on September 8, 2026, surpassing the previous record of $14,527.50 set in January. The metal has come a long way in eight months, and the reason is not a demand surprise. Chile, the world's dominant producer, reported its weakest second-quarter output in at least 19 years and has now cut its full-year production forecast for a second consecutive quarter, projecting a 2.6% annual decline. Morgan Stanley, which began 2026 expe

Freeport-McMoRan Eyes Leach Breakthrough, Bagdad Growth and Grasberg Recovery

Freeport-McMoRan (NYSE:FCX) Price Target Raised to $85.00 at Royal Bank Of Canada

Royal Bank of Canada has increased its price target for Freeport-McMoRan (NYSE:FCX) to $85.00 from $73.00, while maintaining a "sector perform" rating. This new target implies a potential upside of approximately 21.8% from the stock's previous close. The company recently surpassed quarterly earnings and revenue estimates, reporting $0.74 EPS against a $0.62 consensus and $7.03 billion in revenue against $6.62 billion expected.

RBC Raises Price Target on Freeport-McMoRan to $85 From $73, Keeps Sector Perform Rating

RBC has increased its price target for Freeport-McMoRan (FCX) to $85 from $73, while maintaining a "Sector Perform" rating on the stock. This adjustment reflects RBC's updated outlook on the company, although the rationale for the target hike is not detailed in the provided snippet. The article notes this update was published on September 16, 2026, at 07:23 am EDT.

Will FCX's Margins Hold Up as Copper Production Costs Rise?

Freeport-McMoRan Inc. FCX saw its earnings jump in the second quarter on significantly higher realized metal prices, but remains exposed to cost pressures. Its second-quarter unit net cash costs climbed 74% year over year to $1.97 per pound due to lower copper volumes. Freeport expects unit net cash costs of $2 per pound for the third quarter, while projecting a full-year average of roughly $1.9 (compared with $1.65 in 2025). The projected third-quarter unit cost reflects a roughly 43% year-over-year increase. The uptick in costs reflects higher costs of energy and other consumables due to the

Corient Private Wealth LP Buys 17,405 Shares of Freeport-McMoRan Inc. $FCX

Corient Private Wealth LP increased its stake in Freeport-McMoRan Inc. (NYSE:FCX) by 6.9% in the second quarter, bringing its total holdings to 269,768 shares valued at $16.97 million. Other institutional investors, including California State Teachers Retirement System and Jupiter Topco LLC, also significantly modified their positions in the natural resource company. Freeport-McMoRan recently reported strong earnings, topping analyst estimates, and declared a quarterly dividend.

Freeport-McMoRan Inc. $FCX Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC increased its stake in Freeport-McMoRan Inc. (NYSE:FCX) by 18.1% in the second quarter, bringing its total holdings to 345,568 shares valued at $21.7 million. Despite recent stock declines due to copper tariff uncertainties and insider selling, analysts maintain a "Moderate Buy" rating, anticipating long-term demand growth from AI infrastructure and renewable energy. Freeport-McMoRan also surpassed Q2 earnings expectations, reporting $0.74 EPS on $7.03 billion in revenue.

Local Leaders Demand Freeport Transparency and Infrastructure Support Before BLM Approves Massive Land Exchange

Local leaders in Graham County are urging the Bureau of Land Management (BLM) to delay approval of a massive 21,774-acre land exchange with Freeport Minerals Corporation (FMC) until the mining giant agrees to concrete concessions, environmental safeguards, and financial transparency. Concerns include significant declines in local tax revenue, potential water depletion, environmental impact from mine tailings, strain on infrastructure from an influx of workers, and loss of public access to historic sites and recreational areas. Local officials are calling on residents to submit public comments to the BLM before September 14, 2026, to demand Freeport address these issues as binding conditions of the exchange.

AI is fueling copper demand. Kevin Simpson thinks this volatile miner is worth the risk

Kevin Simpson has added Freeport McMoRan Inc. to his dividend income portfolio, viewing it as a calculated risk given copper's strong long-term supply-demand story, driven by AI and data center needs. Despite the stock's volatility and recent price run-up, he believes the valuation becomes more attractive when considering 2027 earnings projections, and the company offers direct exposure to rising copper demand and limited new supply. Key catalysts include recovering production from the Grasberg mine and the significant leverage Freeport provides to higher copper prices.

Cheniere Energy, Freeport-McMoRan And A Financial Stock On CNBC’s ‘Final Trades’

On CNBC's "Halftime Report Final Trades," experts recommended Pinnacle Financial Partners (PNFP), Cheniere Energy (LNG), and Freeport-McMoRan (FCX). Pinnacle Financial Partners received an Overweight rating from Morgan Stanley, while Cheniere Energy's price target was raised by RBC Capital. Freeport-McMoRan reported strong Q2 earnings that surpassed Wall Street expectations, driven by higher copper and gold prices.