Freeport-McMoRan Has Ripped 44% in 2026. What Would It Take to Get FCX Stock Up to $100?

finance.yahoo.com · 2026-09-07

Copper's explosive rally has sent FCX shares surging nearly halfway toward a triple-digit price tag, but the path to $100 runs through a precise set of conditions that have nothing to do with Freeport-McMoRan's own execution.

TickrTrends take: Freeport-McMoRan has gained 44 percent through 2026, yet TickrTrends currently derives an undervalued verdict for the Basic Materials company, suggesting the market may not have fully priced in its fundamental value. A valuation-focused reader should monitor whether FCX can sustain operational momentum and maintain cost discipline, as these factors would be critical to determining whether the stock has room to reach the 100 dollar level discussed in market commentary. The gap between current performance and a potential 100 dollar target would depend on how analyst estimates and market multiples evolve relative to the company's earnings power in the cyclical commodities environment.

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