Freeport-McMoRan Inc.

$65.71

$-0.16 (-0.24%)
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Trader's Perspective

FCX ran from roughly $55 in late April to $65.50 now as copper pushed to record highs and traders looked past the latest Grasberg ramp delay.

RANGE
Support: $62Current: $65.50 Target: $71
BEARISH SCENARIO

The stock has the potential to go down if it loses $62, and that could open a pullback toward $58 to $60. More weakness in copper prices or fresh concern around Grasberg underground timing would accelerate the downside.

BULLISH SCENARIO

If FCX holds the $62 to $64 area on volume, a move back toward $69 to $71 is on the table. Resistance at $66 is the first hurdle, then the 52 week high near $70.96 matters.

CATALYSTS:
Analysis generated: May 31, 2026 at 4:00 PM ET

Top Gainers

Analyst Ratings

N/A
Average Price Target: $0
Based on 0 analyst ratings in the last 3 months
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Freeport-McMoRan Inc. Earnings

We don't currently have information about Freeport-McMoRan Inc.'s earnings.

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