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Price
Target price
€36.07

€36.07

-3.370%
-1.255
-3.370%
€49.40
 
06.09.24 / Tradegate WKN: 896476 / Symbol: FCX / Name: FCX / Stock / Metals & Mining / Large Cap /
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Freeport-McMoRan Inc. Stock

Heavy losses for Freeport-McMoRan Inc. today as the stock fell by -€1.255 (-3.370%).
With 15 Buy predictions and not the single Sell prediction the community is currently very high on Freeport-McMoRan Inc..
With a target price of 49 € there is a positive potential of 35.85% for Freeport-McMoRan Inc. compared to the current price of 36.07 €.
Our community identified positive and negative aspects for Freeport-McMoRan Inc. stock for the coming years. 2 users see the criterium "Worthwhile Investment for the next years" as a plus for the Freeport-McMoRan Inc. stock. On the other hand our users think that "Conscious of the environment" could be a problem in the future.

Pros and Cons of Freeport-McMoRan Inc. in the next few years

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Performance of Freeport-McMoRan Inc. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Freeport-McMoRan Inc. -3.370% -9.893% -3.916% -4.247% -7.251% 19.240% 322.415%
Grupo Mexico SAB de CV -1.220% -2.360% -5.548% 3.545% -8.580% 20.289% 122.163%
Rio Tinto Ltd -1.690% -5.364% -9.441% -6.888% -21.449% -6.714% 13.457%
South32 Ltd -1.990% -7.860% 2.246% -12.375% -12.984% -15.786% 3.161%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2024-08-02

When diving into the financials of Freeport-McMoRan Inc. (FCX), a prominent player in the Metals & Mining industry, a nuanced picture emerges. Investors are always on the lookout for companies with solid fundamentals, and understanding FCX's position in the market involves a thorough evaluation of its balance sheet, income statement, and cash flow statement. This analysis aims to shed light on the company's financial health, guiding private investors in their decision-making.

Freeport-McMoRan presents a captivating profile. With a market capitalization nearing $59.73 billion, the company has shown resilience and growth within a commodity-focused sector. The EBITDA stands at approximately $9.28 billion, showcasing robust earnings before interest, taxes, depreciation, and amortization. The company's pricing ratios, including a trailing PE ratio of around 33.44, suggest that investors consider FCX a growth asset, albeit at a premium.

However, the company also faces challenges, including fluctuations in commodity prices and overall market volatility. Therefore, a careful examination of the financial statements is essential.

Comments

Prediction Buy
Perf. (%) -4.04%
Target price 49.748
Change
Ends at 04.09.25

Freeport-McMoRan Inc. (NYSE: FCX) was upgraded by analysts at UBS Group AG from a "neutral" rating to a "buy" rating. They now have a $55.00 price target on the stock, up previously from $54.00.
Ratings data for FCX provided by MarketBeat
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Prediction Buy
Perf. (%) -12.27%
Target price 48.861
Change
Ends at 24.07.25

Freeport-McMoRan Inc. (NYSE: FCX) had its price target lowered by analysts at Raymond James from $54.00 to $53.00. They now have an "outperform" rating on the stock.
Ratings data for FCX provided by MarketBeat
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Freeport-McMoRan Inc. (NYSE: FCX) was upgraded by analysts at BNP Paribas to a "strong-buy" rating.
Ratings data for FCX provided by MarketBeat
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News

3 Reasons to Buy This Magnificent Commodity Stock on a Dip: https://g.foolcdn.com/editorial/images/784446/copper.jpg
3 Reasons to Buy This Magnificent Commodity Stock on a Dip

Having crossed $5 per pound in May, the price of copper has declined to around $4.12 per pound, and that fall has taken the share price of copper miner Freeport-McMoRan (NYSE: FCX) with it -- it's

Freeport Second-Quarter and Six-Month 2024 Financial and Operating Results Release Available on Its Website: https://assets2.sharewise.com/attachment/file/24463/Freeport_McMoRan.svg.png
Freeport Second-Quarter and Six-Month 2024 Financial and Operating Results Release Available on Its Website


Freeport (NYSE: FCX) today announced that it has posted its second-quarter and six-month 2024 financial and operating results press release on the Investor Relations page of its website at https://

Freeport Commences Commissioning of New Indonesian Smelter and Provides Update on Second-Quarter 2024 Copper and Gold Sales: https://assets2.sharewise.com/attachment/file/24463/Freeport_McMoRan.svg.png
Freeport Commences Commissioning of New Indonesian Smelter and Provides Update on Second-Quarter 2024 Copper and Gold Sales


Freeport (NYSE: FCX) announced today that its Indonesian subsidiary, PT Freeport Indonesia (PT-FI), substantially completed construction of its new Manyar smelter in Gresik, Indonesia in June 2024