Freeport-McMoRan (FCX) Stock Falls Amid Market Uptick: What Investors Need to Know

In the latest trading session, Freeport-McMoRan (FCX) closed at £41.18, marking a -1.25% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.53%. At the same time, the Dow added 0.52%, and the tech-heavy Nasdaq gained 0.52%.

Prior to today's trading, shares of the mining company had lost 7.19% lagged the Basic Materials sector's gain of 1.73% and the S&P 500's gain of 0.71%.

Investors will be eagerly watching for the performance of Freeport-McMoRan in its upcoming earnings disclosure.

The company's earnings report is set to be unveiled on October 23, 2025. The company is forecasted to report an EPS of £0.41, showcasing a 7.89% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be £6.6 billion, indicating a 2.82% decrease compared to the same quarter of the previous year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of £1.47 per share and revenue of £24.94 billion, indicating changes of -0.68% and -2.03%, respectively, compared to the previous year.

Investors should also pay attention to any latest changes in analyst estimates for Freeport-McMoRan.

These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988.

Over the past month, the Zacks Consensus EPS estimate has moved 17.11% lower. Freeport-McMoRan currently has a Zacks Rank of #4 (Sell).

Investors should also note Freeport-McMoRan's current valuation metrics, including its Forward P/E ratio of 28.43. This denotes a premium relative to the industry average Forward P/E of 27.98.

We can also see that FCX currently has a PEG ratio of 0.95.

The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory.

The Mining - Non Ferrous industry currently had an average PEG ratio of 0.95 as of yesterday's close.