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FCFCX

Freeport-McMoRan Inc.

Strong FundamentalsStrong FundamentalsRevenue growing 12% YoY at strong marginsStreet coverage with positive forward estimatesConsistent chatter on X (1.4K/wk), no spike
$FCX·$88B·Copper·Basic Materials
$58.40-0.3%YTD+12.9%1Y+31.4%
Mentions · last 7 days
2026-07-10: 248 posts2026-07-11: 81 posts2026-07-12: 154 posts2026-07-13: 314 posts2026-07-14: 168 posts2026-07-15: 230 posts2026-07-16: 172 posts1,393+8%
Price updated 3h ago·X counts updated 1d ago
FCFCX
$FCXFreeport-McMoRan Inc.
$58.40-0.27%1.4k posts+8%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $FCX, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersWinding up for a moveAI verdict · as of 2026-07-17

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Copper major running back to its highs on the electrification cycle, whale flow buying 15%-OTM calls into earnings.

Freeport-McMoRan is the largest US-listed pure-play copper miner — Grasberg (Indonesia), Cerro Verde (Peru), Morenci (Arizona). It's the archetypal way to be long the electrification/AI-data-center power buildout, because copper demand from power infrastructure has been the structural growth story of the last two years.

Why the tape matters here:

  • Revenue growth is broadly stable: Q1 up 12.2% YoY to $6.23B, but the prior four quarters range -4% to +19% — that variability reflects the copper-price sensitivity of the business, not operational weakness.
  • Margins are strong for a miner: operating margin 28%, gross margin 28% — those are unusually good numbers driven by a supportive copper price and Grasberg's low-cost profile.
  • Whale positioning is bullish: the sentiment thread flags a $214K buy of July 31 $70 calls (15% out-of-the-money) — a real capital commitment ahead of the July 22 earnings print.
  • The M&A signal is worth noting: a May 20 material definitive agreement disclosed a ~$3B transaction — details thin, but suggests active portfolio work.
  • The tape has coiled at strength: shares at 63% of the 52-week range and just above the 200-day moving average — the classic pre-earnings compression on a positive rate-of-change stock.

The forward view: the July 22 Q2 print is the referee. A beat with per-pound cost-of-production commentary that shows unit economics holding plus any Grasberg volume upside is what breaks the coil upward toward the $70 call-heavy strike. What breaks it lower: a soft copper price (China demand weakness) between now and August, or an operational Grasberg headline. What extends the run: any concrete AI-data-center copper-demand disclosure, or a specific supply disruption at a peer (Chile, Zambia) that supports the price.

Agrees with X sentimentThe bullish X read on whale-call flow, the gap-and-run above the 156-day moving average, and the broader copper-cohort strength is directionally right. Our take agrees the setup is coiled favorably, with the Q2 print as the near-term catalyst.

What to watch: July 22 Q2 earnings, especially unit costs and Grasberg volume; a China-demand-driven copper price weakness or a Grasberg operational headline would break the coil lower.

On the calendar: 2026-07-22 — Q2 2026 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment5 posts analyzed · as of 2026-07-13

A whale bought $214k of Freeport-McMoRan July 31 $70 calls (15% OTM), and the stock is described as printing a bullish gap-and-run rebound above the rising 156-day SMA. FCX finished as the biggest portfolio winner at +5.57%, and traders group the broader copper cohort as being in a normal pullback within an uptrend.

Read the AI verdict + X sentiment for $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)
  • X crowd read with bullish/bearish call + post volume
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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 powertrains, grid infrastructure buildout, and AI data center wiring create compounding demand that the copper mining supply pipeline cannot easily match.

What this means for $FCX

Partial — World's largest publicly-traded copper miner, with the Grasberg mine and additional gold and molybdenum production; the EV powertrains, grid buildout, and AI data center wiring compounding demand creates tailwinds for one product line, not the full operation.

Top industry ETF

$COPXGlobal X Copper Miners ETF
-0.3%YTD
+66.6%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
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%
Q2 2025Jul 23, 2025$0.54$0.45+20.1%
Next earningsWed, Jul 22·consensus EPS $0.60

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 14 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$28.7B$27.7B – $30.1B$2.74$2.21 – $3.1513
FY27$34.6B$29.8B – $38.9B$3.90$2.88 – $4.6314
FY28$36.5B$36.4B – $36.6B$4.40$3.13 – $5.9614
FY29$37.6B$34.4B – $41.9B$4.86$4.33 – $5.599
FY30$35.0B$32.0B – $39.0B$3.14$2.79 – $3.6113

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.1.0×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.63%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.-8.1%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.+4.7%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.β1.365-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

SellFeb 20Stephen T. HigginsEVP & CAO29.7K sh$1.9MSellFeb 18Ellie L. MikesChief Accounting Officer11.0K sh$682KSellFeb 13Maree E. RobertsonCFO48.5K sh$3.0MSellFeb 11Douglas N. CurraultEVP & General Counsel75.0K sh$4.8MSellFeb 11Richard C AdkersonChair153.0K sh$9.9MSellFeb 10Richard C AdkersonChair248.0K sh$15.6M
+ 33 other (20 awards · 11 inkinds · 1 gift · 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-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-KOfficer or director changeMar 238-K — Item 5.02: Officer or director change
8-KPress release / Reg FDJan 228-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
+ 9 other (2 13Gs · 2 proxys · 2 routine 8-Ks · 1 10-Q) in window

Recent news

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

Freeport-McMoRan (FCX) Declines More Than Market: Some Information for Investorszacks.com·1d agoFreeport-McMoRan (FCX) Earnings Expected to Grow: Should You Buy?zacks.com·2d agoWhy Freeport-McMoRan (FCX) is a Top Growth Stock for the Long-Termzacks.com·5d agoFreeport-McMoRan (FCX) Surpasses Market Returns: Some Facts Worth Knowingzacks.com·7d agoThese 2 Basic Materials Stocks Could Beat Earnings: Why They Should Be on Your Radarzacks.com·8d ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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