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Freeport-McMoRan (FCX, Copper) Stock Valuation & Fair Value Significantly overvalued

Freeport-McMoRan (FCX, Copper) trades at a blended P/E of 27.7, about 47% above its historical normal valuation, with a forward growth estimate of 29.5% and a PEG of 0.94. Analysts' one-year estimates have been hit 18% of the time.

DATA AS OF 2026-08-21
Blended P/E
27.7
Normal P/E
18.8
PEG
0.94
Fwd growth
29.5%
Div yield
0.8%
RSI (14)
52.4
Neutral

The Street vs SeerForecast

Wall Street's mean price target for FCX is $71.73 across 22 analysts, 6.4% below the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been significantly overvalued since 2026-06-03.

Price and rating by weekClose moved -5.6 percent from 2026-06-03 to 2026-08-17, with 3 rating changes over 21 recorded weeks.2026-06-03: Significantly overvalued, close 70.47 (recalculated)2026-06-10: Significantly overvalued, close 61.93 (recalculated)2026-06-14: Significantly overvalued, close 68.24 (recalculated)2026-06-16: Significantly overvalued, close 69.98 (recalculated)2026-06-21: Significantly overvalued, close 68.51 (recalculated)2026-07-02: Significantly overvalued, close 60.82 (recalculated)2026-07-06: Significantly overvalued, close 60.85 (recalculated)2026-07-09: Significantly overvalued, close 60.38 (recalculated)2026-07-12: Trading above fair value, close 61.37 (recalculated)2026-07-13: Trading above fair value, close 59.82 (recalculated)2026-07-14: Trading above fair value, close 61.80 (recalculated)2026-07-20: Trading above fair value, close 58.79 (recalculated)2026-07-22: Trading above fair value, close 65.00 (recalculated)2026-07-25: Trading above fair value, close 62.60 (recalculated)2026-07-27: Trading above fair value, close 62.72 (recalculated)2026-07-31: Trading above fair value, close 62.63 (recalculated)2026-08-03: Trading above fair value, close 62.632026-08-07: Significantly overvalued, close 69.62 (recalculated)2026-08-10: Significantly overvalued, close 69.622026-08-14: Trading above fair value, close 66.49 (recalculated)2026-08-17: Trading above fair value, close 66.4970662026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 31.0+64%Significantly overvalued
2026-06-10P/E 29.3+55%Significantly overvalued
2026-06-14P/E 29.3+55%Significantly overvalued
2026-06-16P/E 29.3+55%Significantly overvalued
2026-06-21P/E 29.3+55%Significantly overvalued
2026-07-02P/E 26.4+40%Significantly overvalued
2026-07-06P/E 26.6+41%Significantly overvalued
2026-07-09P/E 26.6+41%Significantly overvalued
2026-07-12P/E 26.3+40%Trading above fair value
2026-07-13P/E 26.3+40%Trading above fair value
2026-07-14P/E 26.3+40%Trading above fair value
2026-07-20P/E 24.7+31%Trading above fair value
2026-07-22P/E 24.7+31%Trading above fair value
2026-07-25P/E 25.5+35%Trading above fair value
2026-07-27P/E 25.5+35%Trading above fair value
2026-07-31P/E 26.0+38%Trading above fair value
2026-08-03P/E 25.6+36%Trading above fair value
2026-08-07P/E 27.7+47%Significantly overvalued
2026-08-10P/E 28.2+50%Significantly overvalued
2026-08-14P/E 26.3+40%Trading above fair value
2026-08-17P/E 26.1+39%Trading above fair value
2026-08-21P/E 27.7+47%Significantly overvalued ← now

Frequently asked questions

Is Freeport-McMoRan stock overvalued?

At a blended P/E of 27.7 versus its historical normal P/E of 18.8, Freeport-McMoRan trades about 47% above its typical valuation, with a PEG of 0.94 on 29.5% forward growth. tickerseer currently rates it significantly overvalued.

What is Freeport-McMoRan's fair value and PEG?

Freeport-McMoRan trades at a blended P/E of 27.7 against a historical normal P/E of 18.8, a PEG of 0.94, and a forward growth estimate of 29.5%.

Has tickerseer's rating of Freeport-McMoRan changed?

tickerseer's rating has been significantly overvalued since 2026-06-03.

What is the analyst price target for Freeport-McMoRan?

The mean Wall Street price target for Freeport-McMoRan is $71.73 across 22 analysts, 6.4% below the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Copper. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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