Freeport-McMoRan Inc. (FCX)
Materials4 articles
Price chart
Why is FCX moving today?
-1.0%FCX is -1.0% today, inside the ordinary range for a session (under 3%). No stories about it reached the feed in the last 24 hours.
What this does not prove. A story on the same day is evidence of timing, not of cause: it explains a move only if it accounts for the size and the direction, and most single-stock moves carry a sector or index component too. Nothing here is a forecast.
Source: Yahoo Finance - quote as of just now
Freeport-McMoRan Inc. (FCX) overview
Freeport-McMoRan is one of the world’s largest copper miners.
FCX is a member of the S&P 500. It sits in the Materials sector. That sector covers chemical, metal, mining and packaging companies that supply raw inputs.
Freeport-McMoRan Inc. trades on the NYSE under the ticker symbol FCX. The most recent market data puts the share price at about $69.35. That is down 1.02% on the session. At that price the company is worth roughly $99.58B.
Over the past 52 weeks, FCX has traded between $38.54 and $80.24. Shares change hands at a trailing price-to-earnings (P/E) ratio of about 34.2. The P/E ratio sets the share price against a year of earnings. A higher number means the market is paying more for each dollar the company earns. FCX also pays a dividend. It yields around 0.86% at the current price.
Key statistics
Source: Yahoo Finance - quote as of just now
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Why investors watch FCX
FCX is one of the larger names in the Materials sector, so investors follow it closely. It tends to move with the rest of the sector. This page sums up each FCX story as it breaks, and tags it bullish, bearish or neutral.
What moves FCX
- Earnings. FCX reports results four times a year. A surprise against the estimate tends to move the stock that day.
- Analyst calls. Upgrades, downgrades and new price targets change what the market expects from FCX.
- Sector news. Materials stocks often move together, so a rival's news can move FCX too.
Market Mood
Latest FCX news
Freeport-McMoRan (FCX) Director Lydia Kennard Sells $300,470 in Stock
Lydia Kennard, a director at Freeport-McMoRan (FCX), sold $300,470 worth of stock. This sale is part of regular trading activities among company insiders, aiming to manage personal finances. The transaction may draw attention to insider trading patterns which can influence investor sentiment. Such insider sales could provide insights into the company's outlook as perceived by its leadership, though they do not necessarily indicate the company's performance.
Read More: Freeport-McMoRan (FCX) Director Lydia Kennard Sells $300,470 in Stock
Copper Price Rebound Lifts FCX Stock Amid Market Changes
FCX shares have seen a rebound due to rising copper prices, providing actionable investment opportunities. This price increase positions FCX as a strong participant in the current market, especially considering the demand for copper in various industries. Investors are monitoring the stock closely as price fluctuations in copper directly affect FCX's performance. Understanding these dynamics is crucial for investors looking to capitalize on the potential for gains from FCX (FCX).
Read More: Copper Price Rebound Lifts FCX Stock Amid Market Changes
Freeport-McMoRan (FCX) Downgraded: Price Target Cut to $66
Morgan Stanley downgraded Freeport-McMoRan (FCX) to Equal Weight from Overweight, lowering its price target from $70 to $66. This adjustment follows a Q1 2026 earnings beat, with an adjusted EPS of $0.57 against an expectation of $0.47, and revenue of $6.23 billion, surpassing $5.96 billion. The downgrade stems from execution delays and higher costs at the Grasberg mine, now projected to recover by late 2027. The adjustments reflect reduced output estimates while long-term copper demand remains intact.
Read More: Freeport-McMoRan (FCX) Downgraded: Price Target Cut to $66
Freeport-McMoRan Maintains Optimism on Copper Demand Amid Iran Conflict
Freeport-McMoRan's CEO expressed confidence in copper demand despite ongoing conflicts in Iran. The company continues to forecast strong demand for copper, supported by its investments in production capabilities. Current trading volumes and specific demand statistics from other sectors were not detailed, but the outlook reflects a steady market perspective. This positions Freeport favorably in a potentially volatile global market, especially concerning metal prices.
Read More: Freeport-McMoRan Maintains Optimism on Copper Demand Amid Iran ConflictMore Materials stocks
Frequently asked questions
Is Freeport-McMoRan Inc. in the S&P 500?
Yes. Freeport-McMoRan Inc. trades as FCX and is a member of the S&P 500. The index lists it in the Materials sector.
What sector is FCX in?
FCX sits in the Materials sector of the S&P 500.
Where can I find the latest FCX news?
Right here. This page collects recent FCX news and market analysis. Every story gets an AI summary and a bullish, bearish or neutral tag.
What is Freeport-McMoRan Inc.'s stock price?
FCX last traded at about $69.35. Prices move all through the session, so this is the latest quote rather than a live one.
What is Freeport-McMoRan Inc.'s market cap?
FCX is worth roughly $99.58B. Market cap is the share price times the number of shares outstanding.
What is FCX's P/E ratio?
FCX trades at a trailing P/E ratio of about 34.2. The ratio compares the share price with earnings per share over the past year.