Freeport-McMoRan Inc. ($FCX) Stock Forecast: Down 7.0% Today

What is Freeport-McMoRan Inc.?

Freeport-McMoRan Inc. (NYSE: FCX) is a leading international mining company known for its production of copper, gold, and molybdenum. Today, the stock FCX experienced a significant bearish movement in the market.

Why is Freeport-McMoRan Inc. going down?

FCX stock is down 7.0% on Apr 30, 2025 13:36

• FCX stock price has been on a downward trend over the past month and year, indicating a bearish sentiment among investors.
• The proposed tariffs on goods purchased by Freeport-McMoRan could potentially increase costs by 5%, impacting the company's profitability and stock performance negatively.
• Despite meeting earnings estimates in Q1, the decline in copper production by around 20% year over year may have raised concerns among investors about the company's operational efficiency and future growth prospects.
• The surge in bullish options activity on FCX suggests that some investors remain optimistic about the stock, but overall market sentiment seems to be influenced more by fundamental factors like production declines and potential cost increases due to tariffs.

FCX Price Chart

FCX Technical Analysis

FCX News

A Look Into Freeport-McMoRan Inc's Price Over Earnings - Freeport-McMoRan ( NYSE:FCX )

In the current market session, Freeport-McMoRan Inc. FCX price is at $37.40, after a 0.42% spike. However, over the past month, the stock decreased by 1.94%, and in the past year, by 25.09%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is ...

https://www.benzinga.com/insights/news/25/04/45076393/a-look-into-freeport-mcmoran-incs-price-over-earnings

World's Largest Copper Producer Freeport Estimates Proposed Tariffs Could Raise US Cost Of Goods Purchased By 5% - Freeport-McMoRan ( NYSE:FCX )

Freeport-McMoRan's Q1 revenue of $5.73B beats consensus, with copper sales at 872M pounds. Q1 gold sales miss estimates; copper cost reduction expected in 2025 amid ongoing efficiency efforts. Today's manic market swings are creating the perfect setup for Matt's next volatility trade.

https://www.benzinga.com/25/04/44988722/freeport-mcmoran-exceeds-q1-copper-sales-estimates-expects-lower-copper-costs-amid-tariff-concerns

Freeport-McMoRan's Earnings Match, Sales Beat Estimates in Q1

Copper production of FCX declines around 20% year over year to 868 million pounds in Q1.

https://www.zacks.com/stock/news/2455059/freeport-mcmorans-earnings-match-sales-beat-estimates-in-q1

Freeport-McMoRan ( FCX ) Meets Q1 Earnings Estimates

Freeport-McMoRan (FCX) delivered earnings and revenue surprises of 0% and 7.92%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2454598/freeport-mcmoran-fcx-meets-q1-earnings-estimates

Spotlight on Freeport-McMoRan: Analyzing the Surge in Options Activity - Freeport-McMoRan ( NYSE:FCX )

Whales with a lot of money to spend have taken a noticeably bullish stance on Freeport-McMoRan. Looking at options history for Freeport-McMoRan FCX we detected 15 trades. If we consider the specifics of each trade, it is accurate to state that 53% of the investors opened trades with bullish ...

https://www.benzinga.com/insights/options/25/04/44956340/spotlight-on-freeport-mcmoran-analyzing-the-surge-in-options-activity

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Freeport-McMoRan Inc. Price History

11.03.2025 - FCX Stock was up 6.5%

• The surge in options activity with a mix of bullish and bearish trades indicates a high level of uncertainty and speculation surrounding Freeport-McMoRan's stock.
• The options frenzy and the significant value of transactions suggest that investors are closely monitoring the stock's movements and potential opportunities.
• Despite the recent 25% decline in stock value over three months due to high production costs and falling copper prices, the bullish market movement today could be attributed to positive news or developments within the company that have sparked investor optimism.
• It is possible that the bullish sentiment is driven by expectations of improved performance in expansion activities and the company's solid financial health, despite the challenges in the mining industry.

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.

30.03.2025 - FCX Stock was down 7.0%

• FCX stock price has been on a downward trend over the past month and year, indicating a bearish sentiment among investors.
• The proposed tariffs on goods purchased by Freeport-McMoRan could potentially increase costs by 5%, impacting the company's profitability and stock performance negatively.
• Despite meeting earnings estimates in Q1, the decline in copper production by around 20% year over year may have raised concerns among investors about the company's operational efficiency and future growth prospects.
• The surge in bullish options activity on FCX suggests that some investors remain optimistic about the stock, but overall market sentiment seems to be influenced more by fundamental factors like production declines and potential cost increases due to tariffs.

24.03.2025 - FCX Stock was up 6.7%

• Proposed tariffs impacting the US cost of goods purchased by 5% could have raised investor optimism about FCX's future profitability.
• The company's ongoing efficiency efforts and expected copper cost reduction by 2025 might have contributed to the positive market sentiment.
• The surge in options activity with a bullish stance from investors could have further fueled the stock's upward momentum.
• Amidst fluctuating copper prices and global economic uncertainties, FCX's strong performance in Q1 could have positioned it as a favorable bet compared to other copper mining stocks like SCCO.

24.03.2025 - FCX Stock was up 5.3%

• FCX reported Q1 earnings that matched estimates and beat sales expectations, indicating solid financial performance.
• Despite a decline in copper production, the company's revenue surprises and bullish options activity have likely fueled investor optimism.
• The surge in options activity and positive sentiment around FCX suggest that investors are confident in the company's ability to navigate global economic uncertainties and capitalize on higher copper prices.
• The anticipation of favorable Q1 results and the overall positive market sentiment towards FCX have likely contributed to the stock's bullish movement today.

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.

09.03.2025 - FCX Stock was up 13.3%

• The rise in market sentiment for FCX may be linked to increased options activity, pointing to growing investor interest and positive outlook.
• Despite a recent 25% stock dip over the past quarter due to production costs and copper price declines, the current bullish trend suggests investor optimism regarding the company's expansion efforts and financial stability.
• The surge in options trading and positive market sentiment may reflect investor confidence in Freeport-McMoRan's ability to overcome challenges and leverage opportunities in the mining industry, driving stock prices up.

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.

23.03.2025 - FCX Stock was up 5.5%

• Comparisons between FCX and SCCO might have sparked investor interest and led to increased buying activity.
• Anticipation of positive first-quarter results driven by higher copper prices could have boosted investor confidence in FCX.
• Bullish options activity indicates a growing positive sentiment towards FCX.
• Analysts' projections and cautionary notes on potential earnings decline may have influenced investor expectations, with the bullish movement possibly defying the anticipated decline in earnings.

22.03.2025 - FCX Stock was up 5.2%

• A surge in options activity, particularly with a bullish stance on FCX, suggests growing investor confidence and positive sentiment towards the company.
• Despite cost pressures, expectations are high for FCX's first-quarter results due to increased copper prices, which likely supported the bullish trend.
• Analysts predicting a decrease in FCX earnings might have set conservative estimates, paving the way for a potential positive earnings surprise.
• The strong market performance of FCX today could be attributed to a mix of positive investor sentiment, anticipated robust earnings, and the possibility of surpassing analyst projections.