Morgan Stanley Reiterates Equal-Weight Rating on Freeport-McMoRan Inc. (FCX)

Market Context

Freeport-McMoRan Inc. operates in the Basic Materials sector. The stock currently trades at $59.27 with a market capitalization of $69.1B. The stock has gained 51.7% over the past 52 weeks.

Analyst coverage from Morgan Stanley provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Freeport-McMoRan Inc..

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Freeport-McMoRan Inc.

Among the 10 most recent ratings: 7 Buy, 3 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Jul 08, 2026	Morgan Stanley	Equal-Weight	N/A
Jun 30, 2026	UBS	Buy	N/A
Jun 15, 2026	Scotiabank	Sector Outperform	N/A
Jun 10, 2026	Bernstein	Market Perform	N/A
May 22, 2026	Barclays	Overweight	N/A

Related Tools: Analyst Ratings Dashboard | View FCX Stock Page