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FCX

Freeport-McMoRan Inc

OPPORTUNISTIC BUY 2026-08-08 Data 35 days old USD 69.62 Basic Materials - CopperAWAIT ENTRY
ACTIONABLEMethodology gates passed
54

Position levels

Currenttoday
USD 69.62
Buy <=wait / entry
USD 54.00
Trim >=take some off
USD 72.00
Thesis breakA material adverse change to the Grasberg operating licence or contract terms in...
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case19%100 / 10019.0
Base case51%62 / 10031.6
Bear case30%10 / 1003.0
Weighted conviction54 / 100 - OPPORTUNISTIC BUY

Top risks

  • Grasberg Minerals District operating rights extension agreement
  • Q2 2026 EPS beat of $0.74 vs $0.60 estimate (+23.33%)
  • Analyst consensus Strong Buy/Buy with price targets raised to $73
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.