Freeport-McMoRan Stock Forecast & Price Target
Freeport-McMoRan Price Target 2026
The Quantum Forecast sees a price target of $59.78 (−2.8%) for Freeport-McMoRan in about one month (by Dec 10, 2026).
Quantum Forecast price targets by time frame, calculated from the current price of $61.53. Click to see the forecast in the chart.
Freeport-McMoRan Forecast for Today and Tomorrow
In the short term, the Quantum Forecast sees Freeport-McMoRan at $61.41 (−0.20%) today around 9:30 AM ET and at $61.95 (+0.68%) today around 2:30 PM ET. It is based on prices from the current trading day and the past week. Short-term forecast in the chart
Freeport-McMoRan Stock 2026: Price Performance
Freeport-McMoRan stock has gained 21.1% since the start of 2026 and currently trades at $61.53 (as of Nov 11, 2026). Over the same period the S&P 500 is up 10.9%, putting the stock 10.2 percentage points ahead of the index. Over the past 52 weeks the price ranged between $38.80 and $80.20; it is currently 23.3% below its high of Aug 26, 2026.
Freeport-McMoRan Forecast 2027
Over a horizon of roughly 10 months (until about Sep 2027), the Quantum Forecast sees a price target of $77.14 for Freeport-McMoRan – +25.4% from today. The range band runs from $31.83 – $122.45: the further ahead the forecast looks, the greater the uncertainty. See the long-term forecast in the chart
Community Forecast for Freeport-McMoRan
1 user forecasts (all years): 100% long, 0% short.
Make your own forecastAbout Freeport-McMoRan
Freeport-McMoRan is a mining company headquartered in Phoenix, Arizona, focused on copper, gold and molybdenum. Its key assets include the Grasberg minerals district in Papua, Indonesia, one of the world's largest copper and gold deposits, operated through PT Freeport Indonesia, in which the Indonesian government holds a majority stake. Freeport also runs copper mines in North America, mainly in Arizona and New Mexico, and in South America, including Cerro Verde in Peru and El Abra in Chile. It is a major producer of molybdenum as well.
Copper is used in power grids, buildings, electric vehicles, renewable energy and data centers, so the stock is closely tied to the copper price and global economic growth, especially demand from China. Other themes include production disruptions, Indonesian export rules and smelter requirements, costs, and U.S. trade policy on metals. Freeport-McMoRan trades on the New York Stock Exchange under the ticker FCX and belongs to the S&P 500.
The current price of Freeport-McMoRan stock is $61.53 (+1.96% vs. the previous close). In today's trading the high was $61.98 and the low $61.07.
How the Quantum Forecast works
Research from quantum physics. The models are the result of several years of research at the Max Planck Institute of Quantum Optics and LMU Munich and were transferred to the stock market.
Spectra and correlations. Frequency spectra are calculated from current prices, and the relationships between price swings and volatility are analyzed. This produces the forecast and the risk assessment.
Detecting herd behavior. Models of phase transitions from statistical physics describe when investors collectively fall into panic or euphoria – an early sign of possible crash situations.
Swarm intelligence. User forecasts are checked once their time frame has expired and feed into the model, weighted by their hit rate.
The range band shows the typical fluctuation around the forecast. More on quantum physics & swarm intelligence
Frequently Asked Questions about Freeport-McMoRan Stock
What is the Freeport-McMoRan stock forecast?
The Quantum Forecast expects Freeport-McMoRan to reach $59.78 in about one month (by Dec 10, 2026), a change of −2.8% from the current price of $61.53. Over roughly 10 months (by Sep 2027) the price target is $77.14 (+25.4%).
What is the Freeport-McMoRan stock price target?
Quantum Forecast price targets by time frame: 1 month $59.78 (−2.8%), 2 months $57.39 (−6.7%), 6 months $66.16 (+7.5%), 10 months $77.14 (+25.4%). The range band shows the typical fluctuation around these targets.
Will Freeport-McMoRan stock go up or down?
In the short term the Quantum Forecast points down (−2.8% over one month). No forecast is certain – it is based on historical prices and statistical analysis.
How is the Quantum Forecast computed?
Trends, frequency spectra and correlations are calculated from the price history using methods from quantum physics; user opinions are added as well (swarm intelligence). The range band reflects the volatility of the security and widens with the time horizon.
Can I make my own forecast for Freeport-McMoRan?
Yes – in the Forecast League you pick long or short and a price target for 1 day up to 6 months. Forecasts are scored automatically when they expire; correct calls earn points and a spot on the leaderboard.