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How Investors May Respond To Freeport-McMoRan (FCX) Upgraded Copper-Gold Outlook And Ongoing Buybacks
Simply Wall St.8d agobullish
How Investors May Respond To Freeport-McMoRan (FCX) Upgraded Copper-Gold Outlook And Ongoing Buybacks

In July 2026, Freeport-McMoRan reported second-quarter 2026 results showing higher net income and earnings per share year over year, alongside broadly steady sales, and updated guidance forecasting significantly higher copper and gold sales in the second half of 2026 and into 2027. The company also continued its share repurchase program, having bought back 55,374,242 shares for US$2.20 billion since late 2021, which reduces the share count and may enhance per-share metrics over time. Next,...

FCX
UBS Raises its Price Target on Freeport-McMoRan (FCX) to $74
Insider Monkey105d agoneutral
UBS Raises its Price Target on Freeport-McMoRan (FCX) to $74

Freeport-McMoRan Inc. (NYSE:FCX) is one of the 15 Best Precious Metal Stocks to Buy According to Wall Street Analysts. On April 24, 2026, UBS raised its price target on Freeport-McMoRan Inc. (NYSE:FCX) to $74 from $66 and maintained a Buy rating. Meanwhile, Morgan Stanley took a more cautious stance, downgrading Freeport-McMoRan Inc. (NYSE:FCX) to Equal […]

FCX