What is Wolfe Research's price target for FCX?

Wolfe Research's latest stated price target for Freeport-McMoRan Inc. (FCX) is $39, from its action on Apr 16, 2025.

What is Wolfe Research's rating on FCX?

Wolfe Research rates FCX Outperform, a bullish rating, as of Apr 16, 2025.

When did Wolfe Research last change its view on FCX?

On Apr 16, 2025, Wolfe Research upgrades to Outperform from Peer Perform, price target $39.

Wolfe Research FCX price target and rating history

Freeport-McMoRan Inc. (FCX) · Basic Materials

Wolfe Research rates Freeport-McMoRan Inc. (FCX) Outperform with a $39 price target, as of its latest action on Apr 16, 2025. It has published 4 rating actions on FCX since November 2021, including 1 upgrade and 1 downgrade. Across 5 firms with a FCX price target in the last 12 months, the median target is $66.

Current rating: Outperform
Price target: $39
Median target, all firms: $66
Actions on FCX: 4

Wolfe Research price target on FCX

Wolfe Research price target on FCX, each point a stated target, November 2021 to April 2025.

Every Wolfe Research rating on FCX

Apr 16, 2025
UpgradeWolfe Research upgrades to Outperform from Peer Perform, price target $39
Jul 7, 2022
DowngradeWolfe Research downgrades to Peer Perform from Outperform
Jan 27, 2022
ReiterateWolfe Research cuts its price target to $45 from $47, keeps Outperform
Nov 17, 2021
InitiateWolfe Research starts coverage at Outperform, price target $47

How other firms rate FCX

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
Erste Group	Buy		Aug 27, 2026
Barclays	Overweight	$77	May 22, 2026
Morgan Stanley	Equal-Weight	$66	Apr 24, 2026
Goldman Sachs	Buy	$70	Apr 3, 2026
Argus Research	Buy		Feb 13, 2026
Clarksons Platou	Buy	$46	Nov 19, 2025
Scotiabank	Sector Outperform	$47	Nov 19, 2025

Questions about Wolfe Research and FCX

What is Wolfe Research's price target for FCX?: Wolfe Research's latest stated price target for Freeport-McMoRan Inc. (FCX) is $39, from its action on Apr 16, 2025.
What is Wolfe Research's rating on FCX?: Wolfe Research rates FCX Outperform, a bullish rating, as of Apr 16, 2025.
When did Wolfe Research last change its view on FCX?: On Apr 16, 2025, Wolfe Research upgrades to Outperform from Peer Perform, price target $39.
How does Wolfe Research's FCX target compare with other analysts?: Across 5 firms with a FCX price target in the last 12 months, the median target is $66.

More FCX rating histories

All Wolfe Research ratings FCX news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.