Freeport-McMoran Q1 profit jumps on strong commodity prices
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BMO Capital on Freeport-McMoRan (FCX): 'the production cut could be supportive of the copper price'
April 23, 2026 9:41 AM EDTBMO Capital analyst Katja Jancic reiterated an Outperform rating and $68.00 price target on Freeport-McMoRan (NYSE: FCX)
The analyst comments "FCX reported 1Q'26 adjusted EBITDA of $2.5B, above our/consensus estimates of $2.0B, with the beat vs. our estimate driven by higher copper/gold volumes.... More
Goldman Sachs on Freeport-McMoRan (FCX): 'We expect the market to have a negative reaction'
April 23, 2026 9:40 AM EDTGoldman Sachs analyst Nick Cash reiterated a Buy rating and $70.00 price target on Freeport-McMoRan (NYSE: FCX).
The analyst comments "We expect the market to have a negative reaction to FCX's 1Q26 results on the back of a negative update on Grasberg and recent strength into the print (FCX up... More
