RBC Capital Sticks to Its Hold Rating for Freeport-McMoRan (FCX)

RBC Capital analyst Sam Crittenden maintained a Hold rating on Freeport-McMoRan on April 7 and set a price target of $70.00. The company’s shares closed yesterday at $60.76.

Easter Sale - 70% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

According to TipRanks, Crittenden is a 5-star analyst with an average return of 25.7% and a 62.22% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Capstone Copper, Hudbay Minerals, and First Quantum Minerals.

Freeport-McMoRan has an analyst consensus of Strong Buy, with a price target consensus of $67.85, implying an 11.67% upside from current levels. In a report released on April 5, J.P. Morgan also maintained a Hold rating on the stock with a $68.00 price target.

Based on Freeport-McMoRan’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.63 billion and a net profit of $406 million. In comparison, last year the company earned a revenue of $5.88 billion and had a net profit of $274 million

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FCX in relation to earlier this year. Most recently, in February 2026, Stephen T. Higgins, the EVP & CAO of FCX sold 29,654.00 shares for a total of $1,868,202.00.