Freeport-McMoRan (NYSE:FCX) Stock Price Down 1.1% – What’s Next?

Freeport-McMoRan Inc. (NYSE:FCX) traded down 1.1% during mid-day trading on Wednesday . The stock traded as low as $53.85 and last traded at $55.5520. 20,765,133 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 23,608,586 shares. The stock had previously closed at $56.15.

Freeport-McMoRan News Roundup

Here are the key news stories impacting Freeport-McMoRan this week:

• Positive Sentiment: Analysts and outlets highlight long‑term value and upside from better realized copper/gold prices and a strong provisional 4Q25 outlook, which supports expectations for above‑consensus EPS. Why Freeport-McMoRan (FCX) is a Top Value Stock for the Long-Term
• Positive Sentiment: Jefferies updated models after Freeport’s provisional 4Q25 disclosure and expects EPS to outperform, driven by stronger realized commodity prices. Freeport EPS expected to outperform as Grasberg ramp-up delayed
• Positive Sentiment: Unusual options activity: large call buying (101,726 calls) suggests some traders are positioned for further upside, which can signal short‑term bullish bets (but also increases volatility).
• Positive Sentiment: Stock recently reached a 52‑week high, reflecting momentum and investor appetite for cyclical commodity exposure. Freeport McMoRan stock hits 52-week high at 53.83 USD
• Neutral Sentiment: Independent valuation pieces note the stock’s recent momentum and ask whether current prices fully reflect fundamentals — useful context but not an immediate catalyst. Freeport-McMoRan (FCX) Valuation Check After Recent Share Price Momentum
• Negative Sentiment: Multiple law firms have filed or announced investigations and class actions alleging securities fraud for trades between Feb 15, 2022 and Sep 24, 2025; January 12, 2026 is the lead‑plaintiff filing deadline — the sheer volume of notices increases legal and reputational risk and likely pressured the stock today. Bronstein, Gewirtz & Grossman LLC Urges Freeport-McMoRan Inc. Investors to Act
• Negative Sentiment: Several other firms (Robbins Geller, Kirby McInerney, Rosen, Levi & Korsinsky, etc.) have issued similar notices — collectively these amplify settlement risk, potential future costs, and management distraction. Robbins Geller Rudman & Dowd LLP notice
• Negative Sentiment: Operational cost pressure: Q3 unit cash costs spiked ~24% on lower copper volumes and management warned of a sharper cost rise in Q4 — margin risk if costs remain elevated. FCX’s Unit Cash Costs Spike in Q3
• Negative Sentiment: Specific allegations (Kuehn Law) claim undisclosed safety lapses at Grasberg could raise regulatory, litigation and reputational exposure — a potential material risk if proven. Kuehn Law Encourages Investors of Freeport-McMoRan Inc. to Contact Law Firm

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Hsbc Global Res raised Freeport-McMoRan from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. BMO Capital Markets lifted their price target on shares of Freeport-McMoRan from $47.00 to $55.00 and gave the company an “outperform” rating in a research report on Tuesday, December 16th. Wall Street Zen downgraded Freeport-McMoRan from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. HSBC dropped their price objective on Freeport-McMoRan from $50.00 to $48.00 and set a “buy” rating on the stock in a research report on Wednesday, November 19th. Finally, Royal Bank Of Canada cut their price objective on Freeport-McMoRan from $54.00 to $48.00 and set a “sector perform” rating for the company in a report on Wednesday, October 1st. Three analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $50.49.

Freeport-McMoRan Trading Down 1.1%

The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 2.45. The company has a market capitalization of $79.77 billion, a PE ratio of 39.12, a PEG ratio of 0.92 and a beta of 1.45. The stock has a fifty day moving average of $45.12 and a 200 day moving average of $43.68.

Freeport-McMoRan (NYSE:FCX) last announced its quarterly earnings data on Thursday, October 23rd. The natural resource company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.09. Freeport-McMoRan had a net margin of 7.97% and a return on equity of 7.84%. The business had revenue of $6.97 billion during the quarter, compared to analyst estimates of $6.74 billion. During the same period last year, the firm posted $0.38 EPS. The company’s revenue was up 2.7% on a year-over-year basis. As a group, sell-side analysts predict that Freeport-McMoRan Inc. will post 1.68 earnings per share for the current fiscal year.

Freeport-McMoRan Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th will be paid a $0.075 dividend. The ex-dividend date is Thursday, January 15th. This represents a $0.30 annualized dividend and a yield of 0.5%. Freeport-McMoRan’s payout ratio is presently 21.13%.

Insider Transactions at Freeport-McMoRan

In related news, CAO Stephen T. Higgins sold 28,423 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $47.99, for a total transaction of $1,364,019.77. Following the completion of the transaction, the chief accounting officer directly owned 105,294 shares of the company’s stock, valued at approximately $5,053,059.06. This represents a 21.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Ellie L. Mikes sold 9,572 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $47.66, for a total value of $456,201.52. Following the transaction, the chief accounting officer owned 38,761 shares of the company’s stock, valued at $1,847,349.26. This represents a 19.80% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.79% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Wellington Management Group LLP increased its position in Freeport-McMoRan by 190.9% in the third quarter. Wellington Management Group LLP now owns 36,494,793 shares of the natural resource company’s stock worth $1,431,326,000 after purchasing an additional 23,950,557 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in shares of Freeport-McMoRan by 89.4% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 17,569,169 shares of the natural resource company’s stock worth $761,623,000 after buying an additional 8,292,873 shares in the last quarter. Mizuho Markets Cayman LP bought a new stake in shares of Freeport-McMoRan in the 2nd quarter worth about $159,147,000. Crake Asset Management LLP raised its position in shares of Freeport-McMoRan by 60.6% during the 2nd quarter. Crake Asset Management LLP now owns 9,522,673 shares of the natural resource company’s stock valued at $412,808,000 after buying an additional 3,593,050 shares in the last quarter. Finally, Voya Investment Management LLC lifted its holdings in shares of Freeport-McMoRan by 289.0% in the 3rd quarter. Voya Investment Management LLC now owns 3,844,504 shares of the natural resource company’s stock valued at $150,781,000 after acquiring an additional 2,856,302 shares during the last quarter. 80.77% of the stock is currently owned by institutional investors.

Freeport-McMoRan Company Profile

Freeport-McMoRan Inc is a U.S.-based natural resources company primarily engaged in the exploration, mining and processing of copper, gold and molybdenum. Its operations encompass large-scale open-pit and underground mining as well as associated concentrator and milling facilities. The company produces copper in the form of concentrates and cathodes, and also recovers gold and molybdenum as co-products; its business model includes exploration, development, mining, beneficiation and the sale of bulk commodities to smelters and industrial customers.

Freeport-McMoRan conducts operations and development activities across multiple geographies, with substantial assets in the Americas and Indonesia.