15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 16 firms covering Freeport-McMoran Copper & Gold Inc, 13 rate it Buy or better, 3 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets span $47.00 to $80.00, a moderate spread. The average target of $69.19 sits 12% above the current $61.68. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.96 next quarter toward $3.97 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS16 ratings
Strong Buy
Strong Buy00%
Buy1381%
Hold319%
Sell00%
Strong Sell00%
Based on 16 analysts giving stock ratings to Freeport-McMoran Copper & Gold Inc.
As of Jul, 13 of 16 firms rate FCX a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
FCX EPS & revenue forecast
EPS · NEXT QUARTER
$0.96
Range $0.69 – $1.55 · 10 analysts · +105% YoY
Next period, 10 analysts expect Freeport-McMoran Copper & Gold Inc to earn $0.96 a share (range $0.69 – $1.55), versus $0.47 a year earlier. Full-year consensus is $3.02, growing to $3.97 the year after.
REVENUE · NEXT QUARTER
$8.6B
Range $7.6B – $9.6B · 10 analysts · +52% YoY
Revenue is expected to reach $8.6B (range $7.6B – $9.6B), +52.3% year-over-year. Full-year consensus is $29.4B, rising to $35.0B next year.
Top analysts covering Freeport-McMoran Copper & Gold Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FCX.
#1
Bill Peterson
JP Morgan · Rank #235
Buy
$77.00+24.8% to target
Overall win rate
37%
+ Follow
#2
DM
Daniel Major
UBS
Buy
$77.00+24.8% to target
Coverage
—
+ Follow
#3
Orest Wowkodaw
Scotiabank
Buy
$77.00+24.8% to target
Coverage
—
+ Follow
#4
Timna Tanners
Wells Fargo
Buy
$70.00+13.5% to target
Coverage
—
+ Follow
#5
CD
Carlos De Alba
Morgan Stanley
Hold
$70.00+13.5% to target
Coverage
—
+ Follow
FCX stock forecast FAQ
What is FCX's average 12-month price target?+
The 13 analysts with a live target average $69.19 for Freeport-McMoran Copper & Gold Inc over the next 12 months, ranging from a $80.00 high to a $47.00 low.
Is FCX stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 16 analyst ratings, 13 are Buy or Strong Buy, 3 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for FCX?+
The Street-high target is $80.00 (Barclays), and the Street-low is $47.00 (BMO Capital). The average of all 13 active targets is $69.19.
How many Wall Street analysts cover FCX?+
16 analysts have an active rating on Freeport-McMoran Copper & Gold Inc, and 13 firms carry a live 12-month price target.
Who is the most accurate analyst covering FCX?+
Among analysts who currently cover FCX, Bill Peterson of JP Morgan has the strongest overall Quantellect track record (Rank #235). Their current call is Buy with a $77.00 target.
What is Freeport-McMoran Copper & Gold Inc's projected EPS for next quarter?+
The consensus estimate is $0.96 per share (range $0.69 – $1.55) across 10 analysts. Full-year EPS is projected at $3.02, rising to $3.97 the following year.
How much revenue is Freeport-McMoran Copper & Gold Inc expected to report next quarter?+
Consensus revenue is $8.6B (range $7.6B – $9.6B). Full-year revenue is projected at $29.4B, growing to $35.0B next year.
Have analysts been upgrading or downgrading FCX lately?+
As of Jul, 13 of 16 firms rate FCX a Buy (3 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FCX calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.