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FCX

FREEPORT MCMORAN INC

Materials · Copper

$53.60

-3.19%

Vol: 0.4M

Araverus Market Read

Thursday, March 19, 2026

Mixed

Freeport-McMoRan gains from copper strength despite Grasberg mine challenges, with price target raised to $69.

Freeport-McMoRan trades at $58.23 in pre-market, down 0.52%, after strong Q4 earnings and raised price target to $69 from $55. Company benefits from severe copper supply crisis and rising copper prices fueling demand, though operational challenges at Grasberg mine weigh on sentiment. 18 of 19 analysts rate Buy with $67.47 average price target amid mixed valuation signals.

Price 50d 200d

Previous Market Reads

2 of 2 days

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
LINLINDE$489.88+0.27%+1.9%25.1x0.80$227.0B
NEMNEWMONT$98.94-7.13%-18.7%8.8x0.39$108.3B
FCXFREEPORT$53.60-3.19%-12.2%14.6x1.44$77.1B
SHWSHERWIN$310.10-0.65%-15.5%23.0x1.24$76.9B
ECLECOLAB$258.70-1.20%-14.6%26.6x0.98$73.3B
CRHCRH$101.01-0.88%-16.9%15.3x1.20$67.6B
APDAIR$284.15+0.47%+2.3%20.3x0.86$63.3B
CTVACORTEVA$78.05-1.76%+3.6%19.3x0.72$52.8B
NUENUCOR$161.96+0.51%-11.8%11.9x1.77$37.1B

Fundamentals

Market Cap$77.1B
P/E (TTM)35.3
Forward P/E14.6
Beta1.44
Div Yield108.00%
Prev Close$55.37

RSI (14-Day)

21Oversold
0305070100

52-Week Range

$27.66$53.60$69.75
From High-23.2%
From Low+93.8%

Moving Averages

50d SMA
$61.52-12.9%
200d SMA
$47.73+12.3%

Price between 50d and 200d. Testing 50d support.

Returns

1W
-9.5%
1M
-14.3%
3M
+13.0%
6M
+19.6%
1Y
+36.4%
YTD
+3.5%

Volume

Today383K
20d Avg19.1M
Ratio0.02x