Freeport-McMoRan Inc vs Iris Energy Limited — how do they compare? Freeport-McMoRan Inc trades at $59.1 (market cap $87.65B), while Iris Energy Limited trades at $35.93 (market cap $13.68B). The key difference: Freeport-McMoRan Inc is far larger — about 6.4× Iris Energy Limited's market cap, and Freeport-McMoRan Inc pays a 0.98% dividend while Iris Energy Limited pays none. Which is the better fit depends on your goals.
| FCX | IREN | |
|---|---|---|
Market Cap | $87.65B | $13.68B |
Sector | Basic Materials | Energy |
52-Week High | $71.73 | $76.41 |
52-Week Low | $35.34 | $15.40 |
Enterprise Value | $94.31B | $15.43B |
Dividend Yield | 0.98% | — |
Signals from Pluang's Aura AI — not financial advice
Freeport-McMoRan (FCX) trades at $61.97, up 3.33% with a bearish technical signal despite three consecutive quarterly earnings beats. The copper miner shows improving fundamentals with revenue growth to $25.92B and net income of $2.20B in 2025, supported by strong copper demand. Analyst consensus remains bullish with a $72.94 price target, though the stock faces technical resistance near $63-64 levels.
FCX presents a compelling value proposition with expanding profit margins and strategic positioning in the copper market, though investors face volatility risks from commodity price fluctuations and ongoing negative cash flow trends. The company's expansion pipeline and dividend payments provide additional shareholder value drivers.
IREN is trading at $36.28, down 5.99% in the last session, amid a bearish technical outlook with selling pressure across moving averages. The company shows strong revenue growth projections, with 2026 revenue expected to reach $757 million and net profit margin improving to 20.87%. Recent executive appointments and AI infrastructure expansion signal strategic transformation, though the stock faces execution risks and negative profitability metrics.
The investment case hinges on IREN's successful pivot to AI cloud infrastructure, supported by analyst consensus of $79.11 price target and 71% buy ratings. However, negative ROE (-9.58%) and consecutive earnings misses present significant execution risks, while technical indicators suggest near-term pressure with support at $35.
Trailing returns across standard periods
Latest headlines on both assets
Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia
Read more on FCX →Iris Energy is a next-generation data center company that powers Bitcoin mining and AI workloads using 100% renewable energy. It focuses on building sustainable infrastructure for the global digital economy.
Read more on IREN →