Freeport-McMoRan (FCX) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Freeport-McMoRan (NYSE: FCX) in the last few weeks:

• 7/9/2026 – Freeport-McMoRan had its price target raised by Bank of America Corporation from $74.00 to $80.00. They now have a “buy” rating on the stock.
• 7/9/2026 – Freeport-McMoRan had its price target raised by JPMorgan Chase & Co. from $73.00 to $77.00. They now have an “overweight” rating on the stock.
• 7/8/2026 – Freeport-McMoRan had its price target lowered by The Goldman Sachs Group, Inc. from $75.00 to $74.00. They now have a “buy” rating on the stock.
• 7/8/2026 – Freeport-McMoRan had its price target raised by Morgan Stanley from $66.00 to $70.00. They now have an “equal weight” rating on the stock.
• 7/7/2026 – Freeport-McMoRan was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 6/30/2026 – Freeport-McMoRan had its price target raised by UBS Group AG from $75.00 to $77.00. They now have a “buy” rating on the stock.
• 6/23/2026 – Freeport-McMoRan had its price target raised by BMO Capital Markets from $68.00 to $78.00. They now have an “outperform” rating on the stock.
• 6/18/2026 – Freeport-McMoRan had its price target raised by BNP Paribas Exane from $71.00 to $82.00. They now have an “outperform” rating on the stock.
• 6/15/2026 – Freeport-McMoRan had its price target raised by Scotiabank from $67.00 to $77.00. They now have a “sector outperform” rating on the stock.
• 6/13/2026 – Freeport-McMoRan was upgraded by Wall Street Zen from “hold” to “buy”.
• 6/12/2026 – Freeport-McMoRan had its price target raised by HSBC Holdings plc from $72.00 to $75.00.
• 6/10/2026 – Freeport-McMoRan had its price target raised by Sanford C. Bernstein from $53.50 to $58.50. They now have a “market perform” rating on the stock.
• 6/8/2026 – Freeport-McMoRan had its price target raised by Jefferies Financial Group Inc. from $75.00 to $85.00. They now have a “buy” rating on the stock.
• 6/2/2026 – Freeport-McMoRan had its price target raised by The Goldman Sachs Group, Inc. from $68.00 to $75.00. They now have a “buy” rating on the stock.
• 5/22/2026 – Freeport-McMoRan was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 5/21/2026 – Freeport-McMoRan is now covered by Barclays PLC. They set an “overweight” rating and a $77.00 price target on the stock.
• 5/21/2026 – Freeport-McMoRan was upgraded by Barclays PLC from “overweight” to “strong-buy”.
• 5/21/2026 – Freeport-McMoRan had its price target raised by UBS Group AG from $74.00 to $75.00. They now have a “buy” rating on the stock.
• 5/15/2026 – Freeport-McMoRan had its “buy” rating reaffirmed by Deutsche Bank Aktiengesellschaft.
• 5/11/2026 – Freeport-McMoRan was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.

Freeport-McMoRan Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Wednesday, July 15th will be paid a $0.075 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $0.30 annualized dividend and a dividend yield of 0.5%. Freeport-McMoRan’s payout ratio is 15.96%.

Freeport-McMoRan Inc is a U.S.-based natural resources company primarily engaged in the exploration, mining and processing of copper, gold and molybdenum. Its operations encompass large-scale open-pit and underground mining as well as associated concentrator and milling facilities. The company produces copper in the form of concentrates and cathodes, and also recovers gold and molybdenum as co-products; its business model includes exploration, development, mining, beneficiation and the sale of bulk commodities to smelters and industrial customers.

Freeport-McMoRan conducts operations and development activities across multiple geographies, with substantial assets in the Americas and Indonesia.