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Freeport-McMoRan Inc. ($FCX) Stock Forecast: Down 6.5% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Freeport-McMoRan Inc.?

Freeport-McMoRan (FCX) is a mining company mainly engaged in copper and gold mining activities. Today, the stock saw a significant downward movement in the market.

Why is Freeport-McMoRan Inc. going down?

FCX stock is down 6.5% on Apr 3, 2025 15:47

  • The stock price decreased by 1.46% in the latest trading session, ending the day at $37.86.
  • Near-term inflation risks related to potential auto tariffs by the current administration have been raised by JPMorgan, impacting metal stocks like Freeport-McMoRan.
  • Market volatility, spurred by ongoing tariff disputes, has raised worries about inflation and economic slowdown, influencing investor confidence.
  • Despite the prevailing market uncertainty, Freeport-McMoRan has demonstrated strong performance compared to the market in the last 5 years, indicating its resilience in challenging market environments.

FCX Price Chart

FCX Technical Analysis

FCX News

Freeport-McMoRan ( FCX ) Stock Declines While Market Improves: Some Information for Investors

In the most recent trading session, Freeport-McMoRan (FCX) closed at $37.86, indicating a -1.46% shift from the previous trading day.

https://www.zacks.com/stock/news/2437715/freeport-mcmoran-fcx-stock-declines-while-market-improves-some-information-for-investors

0 Missing News Article Image Freeport-McMoRan  ( FCX )  Stock Declines While Market Improves: Some Information for Investors

Tariff Turmoil: Cleveland-Cliffs, Constellium, Freeport-McMoRan Caught In The Crossfire, Says Analyst - Constellium ( NYSE:CSTM ) , Freeport-McMoRan ( NYSE:FCX ) , Cleveland-Cliffs ( NYSE:CLF )

JPMorgan sees near-term inflation risks from Trump's auto tariffs, with metals stocks like Cleveland-Cliffs and Constellium in focus Freeport-McMoran remains a JPMorgan favorite, with tariff-driven copper pricing premiums supporting a ~15% upside to FY25 EBITDA.

https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44565452/tariff-turmoil-cleveland-cliffs-constellium-freeport-mcmoran-caught-in-the-crossfir

1 News Article Image Tariff Turmoil: Cleveland-Cliffs, Constellium, Freeport-McMoRan Caught In The Crossfire, Says Analyst - Constellium  ( NYSE:CSTM ) , Freeport-McMoRan  ( NYSE:FCX ) , Cleveland-Cliffs  ( NYSE:CLF )

5 Ways to Prepare for AI’s ‘Tower of Terror’ Moment

Editor’s Note: Market volatility can be scary – much like a rollercoaster ride. As we weather the ups and downs, it can sometimes be difficult to decipher when a pocket of opportunity presents itself, especially during the drops. Today, my InvestorPlace colleague Louis Navellier is joining us to discuss how the recent market panic has overshadowed strong AI earnings and growth outlooks. He’ll share the five steps you can take to protect your portfolio. Take it away, Louis… In 1994, Disney’s Hollywood Studios in Florida opened one of its most ambitious rides yet: The Tower of Terror. True to its name, the giant elevator ride took audiences on a tour through a towering hotel inspired by The Twilight Zone. Mind-bending stories… haunted tales…. eerie music…  And once riders reached the 13th floor, the elevator would suddenly stop… then plummet back down the shaft.  “Tower of Terror” is a fitting description of markets today.   Unlike roller coasters, where you can usually see what’s coming, the Disney Tower ride gives little indication of the sudden drop about to happen. It’s designed to be unusually terrifying.   And here’s the most interesting thing:  While the elevator ride drops as fast as 39 miles per hour, it doesn’t fall very far. Only six stories are actually used as the shaft’s “fall height,” and special illusions are used to fool people into thinking things are worse than they seem.  So, riders never drop as far as it feels, and they never hit the ground.  Sound familiar? It certainly feels like we’ve been on our own terrifying ride in the market here lately. Thanks largely to the “tit for tat” game of tariffs playing out between President Trump and other nations on the world stage, investors are growing concerned about inflation, slowing growth… even the dreaded R-word (recession) is coming up in some discussions. As a result, the markets have been in seesaw mode. The S&P 500 set a new record high on February 19. But after that, the overall stock market was in a seemingly downward spiral. Then, last week, the stock market broke a four-week losing streak. Things got off on a positive note this week, as major indices were all broadly higher on Monday and Tuesday, only for things to turn south on Wednesday as a new round of tariff threats emerged. Today, I want to focus on how this all feels for investors right now – and the five steps to take to protect your portfolio.

https://investorplace.com/smartmoney/2025/03/prepare-for-ai-tower-of-terror/

2 News Article Image 5 Ways to Prepare for AI’s ‘Tower of Terror’ Moment

$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today - Freeport-McMoRan ( NYSE:FCX )

Freeport-McMoRan FCX has outperformed the market over the past 5 years by 25.78% on an annualized basis producing an average annual return of 42.7%. Currently, Freeport-McMoRan has a market capitalization of $57.40 billion.

https://www.benzinga.com/insights/news/25/03/44537354/1000-invested-in-this-stock-5-years-ago-would-be-worth-this-much-today

3 News Article Image $1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today - Freeport-McMoRan  ( NYSE:FCX )

The 5-Letter Word Every Investor Should Memorize to Win in 2025

Hello, Reader. Tom Yeung here with today’s Smart Money. If you ask the average retail trader how they feel about the market today, you can expect to get a list of four-letter expletives. Since the start of the year, the percentage of people surveyed by the American Association of Individual Investors (AAII) who are bearish about the market has surged from 34% to roughly 60%. The mood has also shifted among average Americans, with around half of survey-takers feeling the economy is getting worse, up from a third in January. And why wouldn’t they feel awful? Shares of companies like Nvidia Corp. (NVDA) trade 23% below their January highs, while those of Tesla Inc. (TSLA) are 40% underwater. Every day seems to bring another round of uncertainty over which country will face tariffs next… or which government agency will get the ax. But the broader stock market paints a different picture. The S&P 500 index trades just 6% below its all-time high reached in mid-February. Many emerging markets will drop by more in a single day. In fact, over a third of S&P 500 companies have risen over that period. The reason for this divergence is straightforward: The selloff in expensive, well-known tech stocks is being offset by a pivot into lesser-known value stocks. So today, let’s dig into why market uncertainty is reshaping investment strategies, pushing formerly overlooked trades into the spotlight… and how the move toward value investing pays off. Then, I’ll share an even bigger story playing out in the markets. It’s causing a big divide among investors… and you don’t want to get caught on the wrong side.

https://investorplace.com/smartmoney/2025/03/win-in-2025-memorize-this-five-letter-word/

4 News Article Image The 5-Letter Word Every Investor Should Memorize to Win in 2025

Freeport-McMoRan Inc. Price History

27.02.2025 - FCX Stock was down 5.6%

  • It is possible that the optimistic stance of large investors was overshadowed by general market apprehensions or adverse developments affecting FCX.
  • Despite a positive forecast and upgrade from a notable financial firm like JP Morgan regarding the impact of tariffs and copper prices, outside factors such as global economic uncertainties and trade disputes may have had a dampening effect on FCX's stock performance.
  • The rapid and impressive rise of Pelosi's AI selection could have shifted attention away from FCX, resulting in decreased buying interest and contributing to the downward trajectory of the stock.

04.01.2025 - FCX Stock was up 5.1%

  • The uptick in FCX's performance could be linked to a notable increase in options trading, indicating a positive outlook among investors.
  • The growing interest in FCX options might signal a rising confidence in the company's future and financial growth.
  • The surge in options trading activity could be driven by positive developments related to Freeport-McMoRan's financial performance, commodity prices, or strategic plans.
  • Overall, today's bullish market activity surrounding FCX may mirror an optimistic investor sentiment and a favorable outlook for the company.

28.01.2025 - FCX Stock was down 5.1%

  • The drop in FCX's stock price might be linked to elevated production costs and decreasing copper prices discussed in recent analysis on the company's premium valuation.
  • A surge in bearish options trading activity, with 57% of trades exhibiting negative sentiment, could have impacted investor perception and led to the stock price decline.
  • Despite advancements in expansion efforts and strong financial standing, concerns raised about the aforementioned factors may have overshadowed positive developments, influencing the bearish trend in FCX's stock.

13.02.2025 - FCX Stock was up 5.5%

  • Today's upward movement in FCX is influenced by notable options activity from well-funded investors.
  • The increased options trading suggests a favorable outlook on FCX, resulting in heightened demand and a rise in the stock price.
  • Investor confidence in Freeport-McMoRan's future appears strong, possibly fueled by expectations of robust performance in the mining industry.
  • Overall, the spike in FCX's stock value demonstrates positive investor sentiment and trust in the company's potential for delivering favorable outcomes in the short term.

19.11.2024 - FCX Stock was down 5.2%

  • FCX's stock registered a decrease of -1.16%.
  • The drop in FCX's stock price could be due to investors taking profits following a recent uptrend.
  • There may be reactions from market players to broader economic uncertainties or fluctuations in commodity prices affecting FCX's mining activities.
  • Investors could be making changes to their holdings based on the company's most recent financial updates or developments in the industry impacting FCX's prospects.

23.00.2025 - FCX Stock was down 5.8%

  • The bearish movement in FCX stock today can be attributed to:
  • Unusual options activity showing a higher percentage of bearish trades.
  • FCX closing flat while the market was sinking.
  • Investors taking profits due to the stock's past impressive performance.
  • Uncertainty surrounding the upcoming earnings report.

23.00.2025 - FCX Stock was down 6.9%

  • Freeport-McMoRan (FCX) experienced a bearish movement due to missing Q4 revenue estimates despite surpassing adjusted EPS expectations.
  • Lower copper and gold sales in the fourth quarter impacted the company's top line, leading to a decline in its shares.
  • Despite exceeding earnings estimates, the drop in copper sales and revenue for the quarter contributed to the bearish market movement.
  • The bearish sentiment was further reinforced by unusual options activity, with a significant percentage of traders displaying bearish tendencies, possibly indicating skepticism towards FCX's short-term prospects.

21.01.2025 - FCX Stock was down 5.1%

  • Unusual options activity on Freeport-McMoRan, primarily with bearish trades, likely influenced the stock's bearish movement.
  • A notable proportion of bearish traders reflecting a sentiment of pessimism towards FCX's future performance.
  • The bearish actions taken by financial giants indicate a lack of confidence in Freeport-McMoRan's potential growth, contributing to the downward pressure on the stock price.

03.03.2025 - FCX Stock was down 6.5%

  • The stock price decreased by 1.46% in the latest trading session, ending the day at $37.86.
  • Near-term inflation risks related to potential auto tariffs by the current administration have been raised by JPMorgan, impacting metal stocks like Freeport-McMoRan.
  • Market volatility, spurred by ongoing tariff disputes, has raised worries about inflation and economic slowdown, influencing investor confidence.
  • Despite the prevailing market uncertainty, Freeport-McMoRan has demonstrated strong performance compared to the market in the last 5 years, indicating its resilience in challenging market environments.

07.02.2025 - FCX Stock was down 5.2%

  • Despite recent positive options activity and increases in share price, FCX encountered a downward trend today, indicating a change in market sentiment.
  • The mixed signals from options activity and actual stock performance suggest that investors might have been surprised by unforeseen events.
  • Uncertainty regarding FCX's future performance, evidenced by varying opinions in earnings estimate revisions, likely contributed to today's downward movement.
  • The involvement of major investors holding both positive and negative views on FCX showcases the ongoing struggle between market participants, adding to the stock's volatility.

03.02.2025 - FCX Stock was down 5.1%

  • Despite positive positions taken by investors with significant resources, FCX saw a 1.4% decrease in its stock value.
  • An upgrade from a previously pessimistic analyst initially raised confidence levels but could not fully counter concerns related to rising production expenses and falling copper prices.
  • The prevailing market sentiment and the influence of these factors likely played a role in the stock's decline.

13.01.2025 - FCX Stock was up 5.0%

  • The bullish upturn in FCX could be linked to the optimistic stance adopted by investors in the options market. A majority of trades showed a bullish sentiment.
  • Despite a slight decline in the share price in the current session, the overall positive performance of FCX in the last year, with a 3.39% increase, may have bolstered investor confidence and sparked buying interest.
  • A detailed analysis of market sentiment through options trading indicates a rising optimism and positive outlook on Freeport-McMoRan's future prospects. This sentiment could be a key driver behind today's bullish movement in the stock.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.