Freeport-McMoRan stock heads into the open after a 2.4% jump

Freeport-McMoRan stock closed at USD 70.90 on the NYSE on September 17, 2026, gaining 2.39% from the prior session. The shares traded between USD 70.29 and USD 71.58 during the day, leaving the stock just below a reported 52-week high near USD 72.50 and capping a year-to-date advance of roughly 38% per market data. As Ad-hoc-news reported on September 17, 2026, an RBC price target increase tied to strong copper fundamentals helped underpin the stock alongside firmer copper prices.

September 17, 2026 in numbers

Freeport-McMoRan Inc. (ISIN US35671D8570, NYSE: FCX) was reported trading around USD 70.90 on September 17, 2026, with an intraday range between USD 70.29 and USD 71.58 and a market capitalization near USD 101.8 billion based on closing data from that session. Per the same recap, the shares were described as sitting a small distance below a 52-week high of about USD 72.50, indicating limited room to that technical level at the latest close.Ad-hoc-news In the same session, the broader United States equity market was essentially flat, with the tech-focused Nasdaq Composite closing virtually unchanged at 25,978.43, so Freeport-McMoRan outperformed that index on September 17, 2026.Zacks

Copper focus today

Today, investors in Freeport-McMoRan are set to watch copper and broader commodity moves alongside any follow-up analyst commentary after the RBC price target increase highlighted the company as a beneficiary of strong copper fundamentals.Ad-hoc-news Copper markets remain in focus after a recent report noted a record copper price amid weak Chilean output, reinforcing the supply-tightness narrative that can affect Freeport-McMoRan as a major producer.GuruFocus With no company-specific earnings release dated for September 18, 2026 in the available reports, the stock heads into today’s session primarily tethered to commodity price signals and sector sentiment shaped by these copper and broader market developments.