Freeport-McMoRan (FCX)
NYSEMaterialsCopperSnapshot 2026-07-08
$57.47-3.14%
Close 2026-07-08 · 1-day change
Reading FCX? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track FCX free→NYSEMaterialsCopperSnapshot 2026-07-08
Reading FCX? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track FCX free→QuarterlyIQ Insights · FCX
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 13 valuation methods, at three horizons. Current price $57.47. As of 2026-07-08. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $59 FCX trades at 28× p/e, in line with its 24× p/e peer median, and our $54 fair value agrees. We hold it with medium confidence: our number sits below the analyst range. Analysts target $58–$77. Note: our $54 fair value sits below the entire analyst range ($58–$77). Even valued only for durable growth at sustainable margins, it's worth about $84 — above today's price, so the premium reflects that growth case, not pure multiple expansion. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $74.00 | — | — | Analyst | high |
| dcf fcfe | 12M | $36.19 | — | — | Hist. CAGR | high |
| dcf fcff | 12M | $35.66 | — | — | Hist. CAGR | high |
| ddm gordon | 12M | $7.26 | — | — | TTM | high |
| graham number | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$58.50 – $77.00 (median $74.00) · 11 analysts · as of 2026-06-30
No fragility gates fired. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks more expensive than peers.
Around its own typical valuation.
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $31.96 |
| — |
| — |
| TTM |
| high |
| Peer EV/EBITDA | 12M | $93.73 | 13.9 | 7.01 | TTM | high |
| Peer P/FCF | 12M | $38.29 | 30.9 | 1.24 | TTM | high |
| Peer P/E | 12M | $47.76 | 23.0 | 2.08 | TTM | high |
| Peer P/S | 12M | $37.07 | 2.0 | 18.30 | TTM | high |
| PEG | 12M | $55.75 | 26.8 | 2.08 | TTM | high |
| residual income | 12M | $20.70 | — | — | TTM | high |
| Own P/E history | 12M | $60.98 | 29.3 | 2.08 | TTM | high |
| triangulated | 12M | $50.98 | 23.0 | 2.22 | Triangulated | high |
| Peer P/FCF | 3Y | $58.23 | 30.9 | 1.89 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $30.64 | 23.0 | 1.33 | Analyst | medium |
| Peer P/S | 3Y | $16.32 | 2.0 | 8.05 | guidance | medium |
| PEG | 3Y | $35.76 | 26.8 | 1.33 | Analyst | medium |
| Own P/E history | 3Y | $39.12 | 29.3 | 1.33 | Analyst | medium |
| Peer P/FCF | 5Y | $77.01 | 30.9 | 2.49 | Hist. CAGR(prov.) | high |
| Peer P/E | 5Y | $7.78 | 23.0 | 0.34 | Analyst | high |
| PEG | 5Y | $9.08 | 26.8 | 0.34 | Analyst | high |
| Own P/E history | 5Y | $9.93 | 29.3 | 0.34 | Analyst | high |