Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



FREEPORT-MCMORAN INC. Hits Price Target Forecast with 26.52% Profit as Predicted by QuantWave

April 29, 2024
FREEPORT-MCMORAN INC. (NYSE: FCX) investors reaped significant profits as the stock hit the forecasted price target of 51.5 $ on April 29, 2024, following a long signal issued by QuantWave on January 9, 2024, when the price stood at 40.7 $. This achievement resulted in a remarkable 26.52% profit, validating the accuracy of QuantWave's forecasting capabilities.

The success of this forecast can be attributed to various market factors contributing to FREEPORT-MCMORAN INC.'s price movement during the forecast period. The global economic recovery, increasing demand for commodities, particularly copper, as well as the company's operational performance and strategic initiatives all played a crucial role in driving the stock price higher. Additionally, positive sentiment surrounding the mining sector and overall market conditions supported the upward trend in FREEPORT-MCMORAN INC.'s stock price.

This accomplishment underscores the effectiveness of QuantWave's advanced analytics and machine learning algorithms in identifying profitable trading opportunities for investors. Through its automated forecasting platform, QuantWave provides users with access to accurate predictions for a wide range of stocks, enabling them to capitalize on market trends and maximize their returns. For those seeking a deeper understanding of QuantWave's investment strategy, QuantSchool offers comprehensive educational resources that outline the key principles for generating consistent income using the QuantWave forecasting system.

In conclusion, the successful prediction of FREEPORT-MCMORAN INC.'s price target by QuantWave highlights the platform's ability to deliver actionable insights and profitable trading signals to investors, positioning them for financial success in today's dynamic market environment.
If you want to leave a comment, then you need Login or Register





Other data for FCX

Related data

FCXJuly 31, 2025Freeport-McMoRan Inc. NYSE:FCX Position Boosted by Machina Capital S.A.S.  ~1 min.

Investment firm Machina Capital S.A.S. has increased its position in Freeport-McMoRan Inc., a leading mining company....


FCXJuly 10, 2025FREEPORT-MCMORAN INC. Hits QuantWave Forecast Target With 21.39% Profit - A Success Story in Investment Analytics  ~2 min.

FREEPORT-MCMORAN INC. has recently seen a significant achievement in hitting the price target forecast provided by QuantWave, resulting in a profit of 21.39% for investors....


FCXJuly 10, 2025QuantWave Forecast Hits Bullseye with Freeport-McMoRan Inc. Stock, Profiting 20.99%  ~2 min.

On May 23, 2025, QuantWave, an automated forecasting platform, released a prediction signal for Freeport-McMoRan Inc. (FCX) with a long direction at a price of 38.89 $....


FCXJuly 10, 2025FREEPORT-MCMORAN INC. Hits QuantWave's Price Target with 19.1% Profit Gain  ~1 min.

FREEPORT-MCMORAN INC. has successfully reached the price target forecasted by QuantWave, resulting in a profit gain of 19.1%. The forecast signal was issued on May 27, 2025, with a price of 39.51 $....


FCXJuly 8, 2025FREEPORT-MCMORAN INC. Stock Hits Price Target Forecast with 18.58% Profit, QuantWave Analysis Shows  ~2 min.

FREEPORT-MCMORAN INC. has successfully reached the price target forecast issued by QuantWave, resulting in a significant profit of 18.58%....


FCXJuly 8, 2025Freeport-McMoRan Inc. Achieves Price Target Forecast with 20.49% Profit  ~2 min.

On May 20, 2025, QuantWave issued a long signal for Freeport-McMoRan Inc. (NYSE: FCX) at a price of $38.27....


FCXJuly 8, 2025FREEPORT-MCMORAN INC. Hits Price Target: Profit of 21.7% Achieved  ~1 min.

QuantWave's forecast signal for FREEPORT-MCMORAN INC. on May 16, 2025, proved to be accurate as the stock reached the predicted target on July 8, 2025....


FCXJuly 8, 2025FREEPORT-MCMORAN INC. Hits Price Target Forecast with 19.25% Profit: A Success Story for QuantWave  ~1 min.

FREEPORT-MCMORAN INC. (FCX) investors recently saw a successful forecast play out as QuantWave's prediction hit a price target with a 19.25% profit margin....


FCXJuly 8, 2025FREEPORT-MCMORAN INC. Hits Price Target Forecast on QuantWave, Generating 21.73% Profit  ~1 min.

FREEPORT-MCMORAN INC. has successfully reached the price target forecasted by QuantWave, resulting in a profit of 21.73%. The forecast signal was generated on May 21, 2025, with a price of 37.89 $....


FCXJuly 8, 2025FREEPORT-MCMORAN INC. Hits Price Target Forecast with 22.73% Profit  ~1 min.

On May 22, 2025, QuantWave, the automated forecasting platform, issued a signal to go long on FREEPORT-MCMORAN INC. with a price target of $46.12. The stock was trading at $37....


BNB-USDApril 6, 2025BNB USD Stock Hits 11.96% Profit Target Following Short Forecast by QuantWave  ~2 min.

On March 20, 2025, QuantWave, the automated forecasting platform, issued a short forecast signal for the stock BNB USD with a price target of $554.59....


BNB-USDApril 6, 202512.61% Profit Achieved on BNB USD Forecast Target  ~1 min.

On March 21, 2025, QuantWave issued a short signal for the stock BNB USD with a price of 634.61 $. The forecast reached its target on April 6, 2025, at a price of 554.59 $, delivering a profit of 12....


GSJune 26, 2025QuantWave's Forecast for The Goldman Sachs Group, Inc. Hits the Mark with 26.75% Profit  ~2 min.

Amidst the dynamic landscape of financial markets, QuantWave's recent accomplishment in accurately predicting the price target for The Goldman Sachs Group, Inc....


QCOMJune 16, 2022QuantWave Successfully Predicts Short Direction for QUALCOMM INCORPORATED, Achieving 14.45% Profit  ~2 min.

QuantWave, the automated forecasting platform, has recently scored a significant triumph with its prediction for QUALCOMM INCORPORATED, reaping a handsome profit of 14.45%....


BTC-USDJanuary 8, 2024BITCOIN USD Hits Price Target Forecast with 36.14% Profit Margin  ~2 min.

QuantWave, the automated forecasting platform, recently celebrated a successful price target forecast achievement for BITCOIN USD....