NYSE · FCX
Basic Materials · Copper
$69.54
Down-$0.52 (-0.74%)
Updated Oct 18, 2026, 10:56 PM
SID Score
6.8/10
Composite research score
Smart Money
54/100
Neutral
Price performance · FCX
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 16, 2026
FCX closed at $69.54 after 20 trading sessions, down 3.63% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 16, 2026 | $70.09 | $71.79 | $68.80 | $69.54 | 12.07M |
| Oct 15, 2026 | $67.50 | $70.25 | $66.13 | $70.06 | 16.15M |
| Oct 14, 2026 | $70.98 | $71.615 | $68.68 | $69.62 | 12.44M |
| Oct 13, 2026 | $73.00 | $73.25 | $71.51 | $72.42 | 7.32M |
| Oct 12, 2026 | $73.49 | $73.85 | $72.955 | $73.29 | 8.77M |
| Oct 9, 2026 | $73.02 | $74.00 | $72.505 | $73.69 | 6.98M |
| Oct 8, 2026 | $70.60 | $72.18 | $70.13 | $71.14 | 11.87M |
| Oct 7, 2026 | $71.32 | $72.10 | $70.62 | $71.86 | 14.21M |
| Oct 6, 2026 | $72.84 | $73.29 | $70.89 | $72.56 | 9.18M |
| Oct 5, 2026 | $72.22 | $73.515 | $71.42 | $72.60 | 13.71M |
| Oct 2, 2026 | $69.56 | $73.07 | $69.56 | $72.04 | 11.95M |
| Oct 1, 2026 | $68.59 | $69.81 | $68.20 | $69.28 | 12.06M |
| Sep 30, 2026 | $71.65 | $74.45 | $69.96 | $70.00 | 16.66M |
| Sep 29, 2026 | $71.94 | $72.27 | $70.2847 | $70.79 | 10.44M |
| Sep 28, 2026 | $69.755 | $72.50 | $69.4615 | $71.96 | 8.88M |
| Sep 25, 2026 | $71.86 | $72.8699 | $71.53 | $72.31 | 7.55M |
| Sep 24, 2026 | $71.55 | $72.73 | $71.00 | $72.08 | 9.14M |
| Sep 23, 2026 | $72.93 | $72.93 | $71.25 | $72.58 | 8.93M |
| Sep 22, 2026 | $72.65 | $74.90 | $72.10 | $74.35 | 8.4M |
| Sep 21, 2026 | $72.89 | $73.28 | $70.81 | $72.16 | 9.74M |
The latest Smart Investors Daily articles mentioning FCX.
Company
Market Activity
Research & News
FCX research
Company profile and research snapshot.
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2024, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2024. We expect it to sell similar amounts of copper midcycle in 2029, though we expect gold volumes to decline to about 650,000 ounces then due to falling production at Grasberg.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 8, 2026 | UBS | Buy | — |
| Oct 7, 2026 | JP Morgan | Overweight | — |
| Oct 7, 2026 | Morgan Stanley | Equal-Weight | — |
| Oct 6, 2026 | Wells Fargo | Overweight | — |
| Oct 6, 2026 | Barclays | Overweight | — |
Generated Oct 18, 2026, 5:12 PM
Freeport-McMoRan shares declined 0.74% today amid a mixed backdrop of operational optimism and market uncertainty around copper demand. While the company benefits from positive project updates, broader concerns about AI-related market volatility and copper price sensitivity are weighing on investor sentiment.
Bottom line: FCX's modest decline reflects a balanced market view: operational improvements at Grasberg are positive, but the stock may already reflect these gains at current prices. Investors should monitor copper price trends closely, as they will be the primary driver of FCX's stock performance and valuation multiple going forward.
SeekingAlpha · Oct 16, 2026
The AI infrastructure selloff has hit AI-linked industrials, including copper producers, potentially setting up an opportunity for investors. Click for more.
Yahoo · Oct 16, 2026
Gold, silver and copper price strength could boost Q3 results for five mining and royalty stocks, with rising earnings estimates pointing to potential earnings beats.
SeekingAlpha · Oct 16, 2026
Freeport-McMoRan looks undervalued relative to current copper prices, with the stock pricing in roughly $5.70 copper. Learn why FCX stock is a buy.
Yahoo · Oct 16, 2026
Freeport-McMoRan reported third quarter 2026 copper production of about 830 million pounds and gold output of roughly 230 thousand ounces, broadly in line with internal expectations despite a shift in gold sales timing. The deferral of around 60 thousand ounces of refined gold sales into the fourth quarter and guidance for lower Q3 gold sales highlight how shipment schedules and Indonesian smelter logistics can influence reported results, even when underlying mine performance tracks...
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The latest Smart Investors Daily articles mentioning FCX.
