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FCFCX

Freeport-McMoRan Inc.

$FCX·$106B·Copper·Basic Materials
$69.54-0.7%YTD+34.6%1Y+68.0%
Price updated 1h ago·X counts updated 5d ago
FCFCX
$FCXFreeport-McMoRan Inc.
$69.54-0.74%397 posts1×
AI analysisFundamentalsVoices on X
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On X

Top X posts

The complete picture of $FCX on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

397X posts · last 7 days
Sep 28Oct 11
Chatter Meter
1×
QuietNormal · 1×Loud

How loud $FCX's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level.

Bullish sentimentAI analysisGenerated by AI from underlying data8 posts analyzed · as of 2026-09-16

Freeport posters are running a multi-year copper structural thesis: copper printed an all-time high of $6.83 (+68% in two years), demand modeled to rise ~50% by 2040 against 30 years of thin discoveries, and Freeport's $800M of management skin, 91% at-risk compensation, and Kucing Liar and Bagdad growth projects get called out as the vehicle. A TradeSmith technical score of 85 gets waved around. No bearish voice.

Read what X is saying about $FCX

  • Bullish vs bearish call — with the AI summary of the day's posts
  • Divergence flag when the top-engagement posts argue the other side
  • How loud the conversation is versus this ticker's own normal
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AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $FCX — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Proven numbersAcceleratingAI verdict · as of 2026-10-03

The move is getting stronger, with heavier trading behind it.

Freeport is the biggest copper leverage into the AI-electrification and data-center demand curve — up 85% TTM with growth still extending.

Freeport-McMoRan is the biggest US-listed copper miner — Grasberg (Indonesia), North American operations, and the gold byproduct. The stock has run on the structural copper thesis as data-center and electrification demand accelerates.

  • The business is accelerating: Q1 2026 revenue of $6.2B at +12% YoY with 34% operating margins — copper price all-time high of $6.83/lb is converting directly to margin expansion and operating-leverage upside.
  • Beats are compounding: last four EPS surprises at +13%, +22%, +65%, +19% — the mix of volume growth plus price plus the gold byproduct is delivering a cleaner print than the base-metals peer group.
  • 33x trailing is paying for the thesis: a FY27 EPS consensus of $4.00 against a $72 stock gives a ~18x forward multiple — expensive for a miner, but defensible if the structural copper deficit narrative holds (demand +50% by 2040, 30 years of thin discoveries).

Oct 22 Q3 earnings with Grasberg production holding and copper realization above $4.80/lb extends the move; a copper-price pullback below $4/lb or a Grasberg operational issue and the multiple compresses fast.

Agrees with X sentimentX cites the copper structural thesis (+68% in two years, 50% demand increase by 2040), the $800M management skin, and the TradeSmith technical score of 85 — all real and consistent with the operating cadence. The thesis is well-supported; the only real risk the crowd under-weights is a Grasberg operational disruption.

What to watch: Oct 22 Q3 earnings — Grasberg copper production, realized copper price above $4.80/lb, operating-margin trend above 30%, and any update on the Kucing Liar and Bagdad growth projects. A copper-price pullback below $4/lb or a production miss is the hard invalidation.

On the calendar: 2026-10-22 — Q3 2026 earnings

Read the AI verdict on $FCX

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
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What it does

Plain-English summary of the business — what they sell and how they make money.

World's largest publicly-traded copper miner, with the Grasberg mine and additional gold and molybdenum production.

Industry overviewAI analysisGenerated by AI from underlying data

Where Copper sits in its cycle right now — and what that implies for $FCX.

Copper · Basic Materials

No material change from last week — EV adoption, grid electrification, and AI data-center power wiring sustain structural copper demand against constrained supply.

What this means for $FCX

Partial — World's largest publicly-traded copper miner, with the Grasberg mine and additional gold and molybdenum production.

Top industry ETF

$COPXGlobal X Copper Miners ETF
+9.9%YTD
+27.3%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
33.5How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
9.1%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
27.8%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
6.9%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
3.4Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
14.5%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
27.8%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.5Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Jul 22, 2026$0.68$0.60+13.3%
Q1 2026Apr 23, 2026$0.57$0.47+22.2%
Q4 2025Jan 22, 2026$0.47$0.29+64.8%
Q3 2025Oct 23, 2025$0.50$0.42+18.7%
Next earningsTue, Oct 27·consensus EPS $0.80

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$6.2B+12.2%26.5%34.3%$0.61$522.0M
Q4 FY25$5.6B-4.2%18.1%14.4%$0.28$1.7B
Q3 FY25$7.0B+4.4%29.9%28.1%$0.46$608.0M
Q2 FY25$7.6B+19.0%34.1%32.1%$0.53$3.4B

Forward consensus

5-year forecast · up to 15 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$29.7B$27.9B – $32.6B$3.12$2.35 – $3.7213
FY27$36.1B$31.0B – $39.2B$4.25$2.61 – $5.7314
FY28$37.8B$32.7B – $47.3B$4.74$2.51 – $6.3815
FY29$41.8B$37.6B – $47.3B$4.80$4.18 – $5.6310
FY30$41.5B$37.3B – $47.0B$2.77$2.41 – $3.257

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.3×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.76%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-2.7%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+8.5%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMega float · 1.4B shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today1.0% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.395-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellAug 27Lydia H KennardDirector3.8K sh$300KSellAug 25Douglas N. CurraultEVP & General Counsel80.0K sh$6.3MSellAug 5Ellie L. MikesChief Accounting Officer4.8K sh$334KSellAug 5Stephen T. HigginsEVP & CAO14.3K sh$992KSellJul 30Stephen T. HigginsEVP & CAO7.5K sh$476K
+ 14 other (13 awards · 1 exempt) in window

See when $FCX insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KPress release / Reg FDOct 28-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
8-KPress release / Reg FDJul 238-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

FCX filed an 8-K disclosing financial results for the reported period under Item 2.02. press release dated July 23, 2026, announcing its second-quarter and six-month 2026 financial and operating results. Results were simultaneously disclosed under Regulation FD (Item 7.01), indicating simultaneous public release. This is a routine earnings disclosure; investors should review the accompanying press release (Exhibit 99.1) for revenue, earnings, and guidance details.

8-KShareholder voteJun 108-K — Item 5.07: Shareholder vote
AI summary

Freeport-McMoRan Inc. (FCX) held its 2026 Annual Meeting on June 10, 2026, with 1.22 billion of 1.44 billion eligible shares represented. Eleven director nominees were all elected, executive compensation was approved on an advisory basis (~97% for), and Ernst & Young LLP was ratified as auditor. The board size was reduced from 12 to 11 following Robert W. Dudley's previously-announced departure as of the meeting date. Routine governance with an unremarkable say-on-pay result.

8-KAgreement terminatedMay 208-K — Item 1.01: Material agreement · Item 1.02: Agreement terminated · Item 2.03: Material debt obligation
AI summary

McMoRan Inc. (FCX) disclosed a material definitive agreement under Item 1.01, reporting a merger or acquisition transaction involving growth company as defined in Rule. The deal is valued at approximately $3.0 billion. Details of the transaction terms, consideration structure, and closing conditions are set forth in the full 8-K filing. Definitive merger agreements are among the most material events a public company can disclose, triggering regulatory review and shareholder vote requirements.

8-KPress release / Reg FDApr 238-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

McMoRan Inc. (FCX) reported financial results for a recent fiscal period in an 8-K filed under Item 2.02. The filing includes key financial metrics including revenue, operating income, and per-share results. Results of operations disclosures under Item 2.02 typically accompany an earnings press release furnished as an exhibit, making them available concurrently with the earnings call. These filings provide the market with transparent, timely financial performance data for investment analysis.

+ 8 other (2 10-Qs · 2 proxys · 1 SD · 1 routine 8-K) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

5 Copper and Precious Metals Stocks Likely to Beat Q3 Estimateszacks.com·1d agoFirst Citizens Bank & Trust Co. Buys 20,358 Shares of Freeport-McMoRan Inc. $FCXdefenseworld.net·2d agoFreeport-McMoRan (FCX) Falls More Steeply Than Broader Market: What Investors Need to Knowzacks.com·2d agoSax Wealth Advisors LLC Acquires New Holdings in Freeport-McMoRan Inc. $FCXdefenseworld.net·3d agoThe AI Boom Has a Copper Problem, and Here's One Stock the Smart Money Is Betting Oninvestorplace.com·5d ago

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