February 03, 2026 a 01:00 pm
FCX: Analysts Ratings - Freeport-McMoRan Inc.
Freeport-McMoRan Inc., primarily engaged in mining, shows a strong presence in copper, gold, and oil exploration. Recent analyst ratings suggest a cautiously optimistic stance with a shift towards conservative recommendations. As the commodity markets remain volatile, the trends in analyst opinions could provide critical insights into investment considerations.
Historical Stock Grades
The latest analyst ratings as of February 2026 highlight a mixed outlook for Freeport-McMoRan Inc. While there is a significant number of 'Buy' ratings, the presence of 'Hold' and minor 'Sell' recommendations underpins the ongoing assessment of market volatility and potential commodity price risks.
| Rating Category | Number of Recommendations | Score Visualization |
|---|---|---|
| Strong Buy | 6 | |
| Buy | 10 | |
| Hold | 4 | |
| Sell | 1 | |
| Strong Sell | 0 |
Sentiment Development
The sentiment trajectory over the past year reflects a gradual stabilization in opinions, with 'Buy' maintaining a leading position. Monthly data shows modest fluctuations, indicating an ambivalent market perception impacted by economic indicators and metal price forecasts.
- The total number of recommendations has remained relatively stable, oscillating between 22 and 24 analysts.
- Strong Buy ratings peaked in early 2025 but have slightly decreased, showing caution.
- Hold ratings have shown slight fluctuations but tend to stabilize, reflecting ongoing market evaluation.
Percentage Trends
The percentage analysis of ratings indicates a recent shift in sentiment composition. Over the last year, the relative weight of 'Buy' has seen a slight reduction while 'Hold' ratings experienced a minor rise, hinting at growing cautiousness among analysts.
- From February 2025 to February 2026, the distribution remained largely consistent, with 'Buy' holding a majority stake.
- There was a slight decline in 'Strong Buy' recommendations from earlier peaks.
- The overall sentiment leans toward conservative optimism as analysts weigh geopolitical and economic factors.
Latest Analyst Recommendations
The recent analyst updates show a trend of consistency with limited changes in recommendations, reflecting the current market conditions and the company's strategic positioning in the sector.
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2026-01-26 | Sector Outperform | Sector Outperform | Scotiabank |
| 2026-01-23 | Buy | Buy | UBS |
| 2026-01-23 | Market Perform | Outperform | Bernstein |
| 2026-01-13 | Overweight | Overweight | Wells Fargo |
| 2026-01-12 | Buy | Buy | Citigroup |
Analyst Recommendations with Change of Opinion
Recent changes in analyst opinions have become less frequent, with the latest downgrades suggesting a more neutral stance towards Freeport-McMoRan's financial prospects.
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2026-01-23 | Market Perform | Outperform | Bernstein |
| 2025-11-19 | Sector Outperform | Sector Perform | Scotiabank |
| 2025-10-17 | Buy | Hold | HSBC |
| 2025-10-08 | Buy | Neutral | Citigroup |
| 2025-10-03 | Buy | Neutral | UBS |
Interpretation
Current analysis indicates a cautiously optimistic sentiment among analysts, primarily driven by Freeport-McMoRan's commodity exposure and geopolitical influences. The overall stability in analyst opinions reflects a balanced view of potential opportunities and inherent sectoral risks. There is a marginal trend towards increased caution, evidenced by slight reductions in 'Strong Buy' recommendations. This stability, combined with the low frequency of rating changes, suggests a market consensus over the company's strategic position.
Conclusion
Freeport-McMoRan Inc.'s analyst ratings underscore a stable sentiment with prevailing cautious optimism. With fluctuations in 'Strong Buy' and 'Buy' ratings, the market seems to hedge against uncertainties while recognizing growth prospects in the mining sector. Recent downgrades, although sparse, point to an acknowledgment of existing market risks. The data reflects consistent confidence in Freeport-McMoRan's robust operational framework, with analyst recommendations providing vital foresight into market expectations.