Investment Analysts’ Weekly Ratings Updates for Freeport-McMoRan (FCX)

A number of firms have modified their ratings and price targets on shares of Freeport-McMoRan (NYSE: FCX) recently:

• 10/28/2026 – Freeport-McMoRan had its price target lowered by Scotiabank from $80.00 to $78.00. They now have a “sector outperform” rating on the stock.
• 10/28/2026 – Freeport-McMoRan had its price target lowered by UBS Group from $88.00 to $85.00. They now have a “buy” rating on the stock.
• 10/28/2026 – Freeport-McMoRan had its price target lowered by JPMorgan Chase & Co. from $92.00 to $90.00. They now have an “overweight” rating on the stock.
• 10/28/2026 – Freeport-McMoRan had its price target lowered by Wells Fargo & Company from $87.00 to $79.00. They now have an “overweight” rating on the stock.
• 10/19/2026 – Freeport-McMoRan had its price target raised by Barclays from $83.00 to $84.00. They now have an “overweight” rating on the stock.
• 10/8/2026 – Freeport-McMoRan was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 10/8/2026 – Freeport-McMoRan had its price target raised by UBS Group from $77.00 to $88.00. They now have a “buy” rating on the stock.
• 10/7/2026 – Freeport-McMoRan had its price target raised by JPMorgan Chase & Co. from $77.00 to $92.00. They now have an “overweight” rating on the stock.
• 10/7/2026 – Freeport-McMoRan had its price target raised by Morgan Stanley from $70.00 to $75.00. They now have an “equal weight” rating on the stock.
• 10/6/2026 – Freeport-McMoRan had its price target raised by Barclays from $82.00 to $83.00. They now have an “overweight” rating on the stock.
• 10/6/2026 – Freeport-McMoRan had its price target raised by Wells Fargo & Company from $70.00 to $87.00. They now have an “overweight” rating on the stock.
• 10/5/2026 – Freeport-McMoRan had its price target raised by Citigroup from $66.00 to $84.00. They now have a “buy” rating on the stock.
• 9/29/2026 – Freeport-McMoRan had its price target raised by BMO Capital Markets from $78.00 to $85.00. They now have an “outperform” rating on the stock.
• 9/16/2026 – Freeport-McMoRan had its price target raised by Royal Bank Of Canada from $73.00 to $85.00. They now have a “sector perform” rating on the stock.
• 9/10/2026 – Freeport-McMoRan had its “buy” rating reaffirmed by The Goldman Sachs Group.
• 9/9/2026 – Freeport-McMoRan had its price target lowered by Sanford C. Bernstein from $50.00 to $47.00. They now have a “market perform” rating on the stock.
• 9/3/2026 – Freeport-McMoRan was downgraded by Freedom Broker from “strong-buy” to “hold”.

Freeport-McMoRan Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 15th will be given a dividend of $0.0750 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, October 15th. Freeport-McMoRan’s dividend payout ratio is 14.78%.

Insider Activity at Freeport-McMoRan

In other news, CAO Ellie Mikes sold 4,773 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $70.00, for a total value of $334,110.00. Following the completion of the sale, the chief accounting officer directly owned 36,000 shares in the company, valued at $2,520,000. This trade represents a 11.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Lydia Kennard sold 3,798 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $79.11, for a total value of $300,459.78. Following the completion of the sale, the director directly owned 122,702 shares of the company’s stock, valued at $9,706,955.22. The trade was a 3.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 102,848 shares of company stock worth $7,911,621 over the last quarter. Company insiders own 0.73% of the company’s stock.

Freeport-McMoRan Inc (NYSE: FCX) is a global mining company primarily engaged in the exploration, development, and production of copper. Copper is used extensively in electrical wiring, construction, transportation, renewable energy systems, and other industrial applications. The company also produces gold and molybdenum, a metal used in steelmaking and other industrial processes, as well as certain other byproducts.

Freeport-McMoRan operates a portfolio of mining and processing assets in North America, South America, and Indonesia.