Freeport-McMoRan stock: UBS lifts target for Freeport-McMoRan stock to USD 88.00

Published on 10/16/2026 at 17:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The next earnings date is October 27, 2026 before the market opens. Freeport-McMoRan stock costs EUR 63.36 on October 16, 2026 at 5:04 p.m. CEST.

Analyst target and earnings date

UBS raised its Freeport-McMoRan target from USD 77.00 to USD 88.00 on October 8, 2026.
Freeport-McMoRan had a market capitalization of USD 101.7 billion on October 16, 2026.
Freeport-McMoRan stock costs EUR 63.36 at Lang & Schwarz on October 16, 2026 at 5:04 p.m. CEST.
The price-to-earnings ratio was 34.94 on October 16, 2026.

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UBS raised its price target for Freeport-McMoRan from USD 77.00 to USD 88.00 on October 8, 2026, according to MarketBeat. Against the NYSE quote of USD 70.76 on October 16, 2026, the new target stands 24.45 percent above the price. Freeport-McMoRan stock was trading at EUR 63.36 at Lang & Schwarz on October 16, 2026 at 5:04 p.m. CEST.

Results date is October 27

Freeport-McMoRan plans to release third-quarter 2026 results before the market opens on October 27, 2026, and has scheduled its conference call for 10:00 a.m. ET. The date is stated in the company's regulatory filing carried by Last10K. That calendar point gives the target a clear near-term test, because the next report can add operating detail to the valuation case.

Stock sits below its yearly high

The NYSE quote of USD 70.76 on October 16, 2026 was 11.81 percent below the 52-week high of USD 80.24 and 83.62 percent above the 52-week low of USD 38.54. Trading volume was 1,853,702 shares, compared with an average volume of 12,992,081 shares. The figures place the stock below its yearly peak while keeping the broader one-year range firmly positive in absolute terms.

Valuation carries a USD 101.7 billion value

Freeport-McMoRan's market capitalization was USD 101.7 billion on October 16, 2026. Its price-to-earnings ratio was 34.94 on the same date. The company identifies its primary listing as the NYSE and its ticker as FCX on its corporate website, Freeport-McMoRan.

Target leaves room above the quote

For investors, the key calculation is the gap between the latest USD 70.76 NYSE price and the UBS target of USD 88.00. The 24.45 percent distance is large enough to make the October 27 results a material checkpoint for the analyst view, while the 11.81 percent gap to the 52-week high shows that the stock has not yet returned to its annual peak.

Freeport-McMoRan was trading at EUR 63.36 at Lang & Schwarz on October 16, 2026 at 5:04 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Freeport-McMoRan stock.