Freeport-McMoRan Inc. ($FCX) Stock Forecast: Up 6.4% Today

What is Freeport-McMoRan Inc.?

Freeport-McMoRan Inc. ($FCX) is a leading mining company, primarily engaged in the exploration and production of copper, gold, and molybdenum. The company operates globally, with significant assets such as the Grasberg mine in Indonesia.

Why is Freeport-McMoRan Inc. going up?

FCX stock is up 6.4% on Jan 29, 2026 14:46

• A notable increase in institutional ownership by Great Lakes Advisors LLC has strengthened investor confidence in Freeport-McMoRan Inc.'s growth prospects.
• Freeport-McMoRan's stock performance has been positively influenced by rising copper prices, fueled by growing demand and limited supply.
• Despite challenges like the Grasberg mudslide and dividend reductions, Freeport-McMoRan surpassed Q4 earnings expectations, leading to analyst upgrades and a surge in the stock price to a 52-week high.
• Investors are paying close attention to Freeport-McMoRan's production projections, operational costs, and the gradual resumption of activities at the Grasberg mine, while also assessing factors such as regulatory hurdles and insider transactions.

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Freeport-McMoRan Inc. $FCX Stock Position Lifted by Great Lakes Advisors LLC

Great Lakes Advisors LLC increased its stake in Freeport-McMoRan Inc. by 8% in the third quarter, reaching 1,551,258 shares valued at approximately $60.84 million, contributing to institutional ownership of about 80.77% of the company. Freeport-McMoRan beat Q4 earnings estimates, leading to analyst upgrades and a 52-week high for the stock, though the company cut its quarterly dividend and faces operational risks like the Grasberg mudslide. Analysts have a "Moderate Buy" consensus rating with an average target price of $58.40.

https://www.marketbeat.com/instant-alerts/filing-freeport-mcmoran-inc-fcx-stock-position-lifted-by-great-lakes-advisors-llc-2026-01-29/

Digging Into Demand: Copper's Scarcity Premium Is Rising

Copper prices are surging due to a new, price-inelastic demand driven by global grid electrification and AI's massive energy requirements, while supply is shrinking. Companies like Freeport-McMoRan and Southern Copper are positioned to benefit, the former through innovative leaching technology and the latter through its large reserves and ongoing Tía María project. Investors can also capitalize on this trend through copper-focused ETFs like Global X Copper Miners ETF and Sprott Copper Miners ETF.

https://finviz.com/news/291339/digging-into-demand-coppers-scarcity-premium-is-rising

Newmont Weighs Record Metal Prices Against Rising Ghana Royalty Risk

Newmont is experiencing record-high gold and silver prices, leading to increased investor interest and a significant rise in its stock price. However, this positive environment is coupled with emerging regulatory risks in Ghana, where a proposed mining royalty increase could impact the company's profitability in a key operating region. Investors are currently weighing the benefits of stronger revenues against the potential pressure on future margins from Ghana's fiscal changes.

https://simplywall.st/stocks/us/materials/nyse-nem/newmont/news/newmont-weighs-record-metal-prices-against-rising-ghana-roya

BHP share price jumps on record copper — what to watch next for ASX:BHP

BHP Group Ltd shares rose 2.1% after copper prices hit record highs on the LME and SHFE, driven by geopolitical tensions and a softer U.S. dollar, despite Australia's higher-than-expected inflation. While copper currently boosts BHP's performance, the company faces ongoing challenges with iron ore price concessions and increased costs for its potash project. Investors are closely watching copper's sustained gains, the upcoming RBA meeting's impact on the Australian dollar, and BHP's half-year results on February 17th for insights into costs, capital expenditure, and growth outlooks.

https://ts2.tech/en/bhp-share-price-jumps-on-record-copper-what-to-watch-next-for-asxbhp/

Grasberg Restart Plans Meet Strong Freeport-McMoRan Momentum And Valuation Debate

Freeport-McMoRan (NYSE:FCX) is implementing a phased restart of its Grasberg mine in Indonesia after production disruptions, a key asset for copper and gold. The stock is currently trading above analyst targets but is considered undervalued by Simply Wall St, exhibiting strong recent momentum. Key considerations for investors include monitoring production guidance and costs, while noting recent insider selling as a potential risk.

https://simplywall.st/stocks/us/materials/nyse-fcx/freeport-mcmoran/news/grasberg-restart-plans-meet-strong-freeport-mcmoran-momentum

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Freeport-McMoRan Inc. Price History

29.00.2026 - FCX Stock was up 6.4%

• A notable increase in institutional ownership by Great Lakes Advisors LLC has strengthened investor confidence in Freeport-McMoRan Inc.'s growth prospects.
• Freeport-McMoRan's stock performance has been positively influenced by rising copper prices, fueled by growing demand and limited supply.
• Despite challenges like the Grasberg mudslide and dividend reductions, Freeport-McMoRan surpassed Q4 earnings expectations, leading to analyst upgrades and a surge in the stock price to a 52-week high.
• Investors are paying close attention to Freeport-McMoRan's production projections, operational costs, and the gradual resumption of activities at the Grasberg mine, while also assessing factors such as regulatory hurdles and insider transactions.

25.08.2025 - FCX Stock was down 6.0%

• An incident at the Grasberg Block Cave mine on September 8 resulted in a substantial negative impact on Freeport-McMoRan, leading to a 16.95% decrease in its stock price.
• The company's sales guidance for the third quarter also played a role in the decline of FCX shares, causing concerns among investors regarding its future financial performance.
• Despite ongoing efforts by Freeport-McMoRan teams to address the consequences of the incident, investor apprehensions persist, leading to further downward pressure on the stock price.

03.11.2025 - FCX Stock was up 5.0%

• FCX showed a bullish trend today amidst legal challenges and class action lawsuits concerning alleged securities fraud related to safety issues at its Grasberg Block Cave mine in Indonesia.
• The positive market movement may be linked to strong Q3 earnings that surpassed expectations, leading to a consensus "Buy" rating from analysts and institutional investors adjusting their positions in the company.
• The issuance of Autocallable Buffered Basket-Linked Notes by Goldman Sachs Group Inc. could have also played a role in boosting market sentiment, contributing to FCX's upward movement.
• Despite legal uncertainties, FCX's strength in the market could reflect investor faith in the company's operational performance and future outlook.

21.00.2026 - FCX Stock was up 5.2%

• Institutional investors Rakuten Investment Management Inc. and Allstate Corp have acquired substantial stakes in FCX, signaling confidence in its growth potential, contributing to the uptrend in FCX stock.
• Despite selling activity from Anchor Capital Advisors LLC and company CAOs, analysts' consensus "Buy" rating with a target price of $54.30 has bolstered investor confidence.
• Record high copper prices, influenced by factors like tariff uncertainty and speculative positioning, have positively impacted FCX's stock performance, given its copper mining focus.
• Billionaire Chamath Palihapitiya's endorsement of copper as a lucrative investment due to increasing demand for power in AI infrastructure aligns with the optimistic market movement for FCX.

08.09.2025 - FCX Stock was up 5.4%

• Market analysts view FCX as a favorable investment, which may have influenced the bullish trend.
• FCX has shown consistent outperformance compared to the market in the recent 5-year period, boosting investor trust and attracting buyers.
• The optimistic market sentiment surrounding FCX likely drove the robust bullish movement witnessed today.

18.10.2025 - FCX Stock was up 5.6%

• FCX stock rose after unveiling plans to restart large-scale production in Indonesia, specifically at its Grasberg operations, potentially fueling the uptrend.
• Investor optimism has grown due to the expected increase in production and revenue from the Indonesian mines, resulting in the stock price moving upwards.
• While the announcement of a class-action lawsuit by Robbins Geller Rudman & Dowd LLP initially raised concerns among investors, the positive operational news appears to have outweighed these legal challenges, driving the overall bullish sentiment.

11.11.2025 - FCX Stock was up 6.4%

• FCX's recent market performance has been positive despite ongoing legal challenges related to its Grasberg Block Cave mine.
• Investors appear to have confidence in the company's ability to address both legal issues and maintain operations.
• The uptrend in FCX's stock may be influenced by favorable developments in the global mining sector, particularly the increased demand for commodities like copper.
• Market sentiment towards FCX remains strong, indicating that investors are optimistic about the company's operational prospects and are less concerned about the legal disputes.

21.10.2025 - FCX Stock was down 5.5%

• The potential occurrence of a class-action lawsuit against Freeport-McMoRan Inc. might have influenced the bearish movement, indicating legal challenges and uncertainties.
• Setbacks at the Grasberg mine affecting Q4 volume and sales could have added to negative investor sentiment, leading to a bearish market response.
• Despite attempts to reset expectations and tackle operational issues at the Grasberg mine, the issuance of lower production guidance could have disappointed investors, contributing to a bearish trend for FCX.
• Overall, legal concerns, operational challenges, and decreased production guidance likely drove the bearish movement in Freeport-McMoRan's stock price today.

06.00.2026 - FCX Stock was up 5.8%

• FCX stock saw a strong uptrend today, climbing almost 5% and nearing its highest point in the past year, boosted by a surge in U.S. copper futures.
• The rise in copper prices, influenced by supply constraints and geopolitical unrest, highlights Freeport's dependence on copper for its profits.
• Analysts, including Jefferies, have increased FCX's price target due to higher Q4 EBITDA and EPS projections following the company's announcement of Q4 realized copper prices.
• Despite grappling with legal issues and lawsuits regarding safety concerns at its Grasberg mine, FCX's positive momentum appears to be driven primarily by the optimistic copper price outlook and the company's financial results.

09.00.2026 - FCX Stock was up 5.0%

• Despite legal issues and safety concerns at the Grasberg mine, FCX exhibited a notable bullish trend in trading activity.
• The uptick in FCX's stock value is primarily rooted in its strong financial standing, bolstered by increasing copper prices and high market demand.
• Various analysts, such as those from JP Morgan, have revised FCX's price targets upwards, highlighting a positive perspective on its growth opportunities and potential market gains.
• Investor focus appears to be pivoting towards FCX's operational efficiency and growth potential rather than its legal and safety obstacles, propelling the bullish movement in its stock value.

11.11.2025 - FCX Stock was up 5.2%

• Recent legal actions accusing Freeport-McMoRan Inc. of deceptive statements concerning safety at its Grasberg Block Cave mine in Indonesia initially caused uncertainty among investors.
• However, FCX's upward movement suggests investor optimism regarding the company's ability to address the accusations and manage potential lawsuit risks.
• The stock's resilience implies that investors may be more interested in the company's financial performance and growth prospects rather than solely focusing on ongoing legal issues.
• This market response underscores the significance of conducting comprehensive research and analysis when making investment choices, looking beyond headline-grabbing legal challenges.

30.08.2025 - FCX Stock was up 5.0%

• FCX showed a strong bullish trend today, overcoming recent difficulties linked to an unfortunate incident at its Grasberg Block Cave mine in Indonesia.
• Ongoing options trading activities, predominantly bullish in nature, may have influenced the positive market sentiment.
• Despite financial repercussions from the mining mishap, investor confidence in FCX's future outlook appears high, driving the stock's upward movement.
• This highlights the resilience of companies facing short-term challenges; long-term investor trust and market dynamics play crucial roles in influencing positive stock movements.