B of A Securities has upgraded Freeport-McMoRan Inc (FCX) from Neutral to Buy as of September 29, 2025. The stock is currently priced at $39.28.
This upgrade reflects a more optimistic outlook on Freeport-McMoRan's prospects, which may stem from improved fundamentals or better-than-expected business performance. Analyst ratings often provide valuable insights based on extensive research and financial modeling, yet they are built on assumptions that may not always hold true.
As a key player in the Metals & Mining industry, Freeport-McMoRan engages in the mining of copper, gold, and molybdenum. Headquartered in Phoenix, Arizona, the company operates geographically diverse assets with significant proven and probable mineral reserves. Its segments include major operations in North America, South America, and Indonesia, with a workforce of approximately 28,500 employees.
Analysts currently show a consensus rating of Buy for Freeport-McMoRan, with 5 Strong Buy, 14 Buy, and 8 Hold ratings among 27 total analysts. The company's market capitalization stands at $59.8 billion, with a P/E ratio of 28.84 and an EPS of 1.44. Additionally, Freeport-McMoRan offers a dividend yield of 145.5%.
Upcoming earnings are anticipated on July 21, 2026, with an EPS estimate of $0.52 and revenue expected to reach $6.9 billion. This context highlights the importance of considering various factors, including company fundamentals and industry trends, when evaluating investment decisions.
Analyst ratings can change over time as new information surfaces, and differing opinions may arise among analysts, making it essential for investors to remain informed.
This brief was generated from structured financial data and reviewed by the Investing Point editorial team. It is for informational purposes only and does not constitute investment advice.