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FCX

Freeport-McMoRan Inc

OPPORTUNISTIC BUY 2026-08-01 Updated today USD 62.63 Basic Materials - CopperAWAIT ENTRY
59

Position levels

Currenttoday
USD 62.63
Buy <=wait / entry
USD 54.00
Trim >=take some off
USD 66.00
Thesis breakA formal indication that the PTFI special mining business licence will not be ex...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case25%100 / 10025.0
Base case50%62 / 10031.0
Bear case25%10 / 1002.5
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • Q2 2026 earnings beat with actual EPS $0.74 vs est $0.60 (+23.33%) and revenue beat of over $280 million
  • Strong realized copper prices contributing to revenue outperformance
  • Analyst consensus of 80% Buy/Strong Buy ratings with average price targets of $68-73
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.