MP Materials Corp. (MP)
| Market Cap | 6.50B -37.4% |
| Revenue (ttm) | 518.46M +122.8% |
| Net Income | -39.55M |
| EPS | -0.22 |
| Shares Out | 178.27M |
| PE Ratio | n/a |
| Forward PE | 164.60 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,962,475 |
| Open | 36.36 |
| Previous Close | 37.75 |
| Day's Range | 35.60 - 37.27 |
| 52-Week Range | 31.90 - 76.80 |
| Beta | 2.11 |
| Analysts | Strong Buy |
| Price Target | 67.50 (+85.13%) |
| Earnings Date | Nov 5, 2026 |
About MP
MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It operates in two segments, Materials and Magnetics. The Materials segment owns and operates the Mountain Pass Rare Earth Mine and Processing facility located near Mountain Pass, San Bernardino County, California. The Magnetics segment produces magnetic precursor products, including NdPr metal; and manufactures NdFeB permanent magnets. MP Materials Corp. was founded in 2017 and is headquartered in Las Vegas, Nevada.
Financial Performance
In 2025, MP Materials's revenue was $275.46 million, an increase of 35.12% compared to the previous year's $203.86 million. Losses were -$85.87 million, 31.3% more than in 2024.
Financial StatementsAnalyst Summary
According to 19 analysts, the average rating for MP stock is "Strong Buy." The 12-month stock price target is $67.5, which is an increase of 85.13% from the latest price.
News
MP Materials upgraded to Buy from Hold at Freedom Broker
Freedom Broker analyst Vitaly Kononov upgraded MP Materials (MP) to Buy from Hold with a price target of $51, down from $57. The firm cites valuation for the upgrade. It…
MP Materials Transcript: 2026 D.A. Davidson Critical Minerals Conference
NdPr production is progressing toward 5,000–6,000 metric tons in 2027, with scale and chlor-alkali expected to lower costs. Magnet deliveries will ramp methodically as customer demand for secure Western supply expands.
MP Stock Rises as China Extends Rare-Earth Reprieve Ahead of Trump-Xi Meeting
What do rare earth metals, Nvidia, and tariffs have in common?
MP Materials price target lowered to $70 from $82 at Canaccord
Canaccord lowered the firm’s price target on MP Materials (MP) to $70 from $82 and keeps a Buy rating on the shares. The firm said the risks to the MP…
MP Materials price target lowered to $54 from $65 at Barclays
Barclays analyst Richard Garchitorena lowered the firm’s price target on MP Materials (MP) to $54 from $65 and keeps an Overweight rating on the shares.
MP Materials price target lowered to $56 from $65 at Baird
Baird lowered the firm’s price target on MP Materials (MP) to $56 from $65 and keeps an Outperform rating on the shares. The firm updated its model following solid Q3…
MP Materials Earnings Call Transcript: Q3 2026
Q3 NdPr production rose 41% YoY and sales volumes 94%, while revenue plus PPA income reached $155.8 million. Heavy rare-earth separation and GM magnet shipments are advancing, with magnet earnings expected to ramp gradually through 2027.
MP Materials Earnings release: Q3 2026
MP Materials released its Q3 2026 earnings on November 5, 2026, summarizing the period's financial results.
MP Materials Slides: Q3 2026
MP Materials has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 5, 2026.
MP Materials Quarterly report: Q3 2026
MP Materials has published its Q3 2026 quarterly earnings report on November 5, 2026.
MP Materials reports Q3 EPS 4c, consensus (1c)
Reports Q3 revenue $147.7M, consensus $118.9M. “MP Materials (MP) delivered a strong quarter of growth across production, sales, and earnings,” said James Litinsky, Founder, Chairman and CEO of MP Mat...
MP Materials Rare Earth Earnings Were Rock Solid. What's Up With the Stock?
The rare earth miner reported a surprise adjusted profit and sharply higher sales.
MP Materials Reports Third Quarter 2026 Results
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced financial and operational results for the three months ended September 3...
MP Materials to Participate in Upcoming Conferences
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that company executives will attend the following conferences:Ryan Corbett, CFO, will participate in Gabell...
MP Materials price target lowered to $57 from $65 at Goldman Sachs
Goldman Sachs lowered the firm’s price target on MP Materials (MP) to $57 from $65 and keeps a Buy rating on the shares. The price target reduction reflects current market…
MP Materials Announces Date for Third Quarter 2026 Financial Results and Webcast
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) will release its financial results for the third quarter ended September 30, 2026, after the U.S. markets close on Thursday...
MP Materials price target lowered to $66 from $73 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on MP Materials (MP) to $66 from $73 and keeps an Overweight rating on the shares. In a note on Americas Metals &…
Can America Break China's Grip on Rare Earths?
China spent decades building a dominant position across rare-earth mining, processing and magnet manufacturing, leaving the US dependent on a foreign supply chain for materials essential to everything...
These companies look set to face high-profile hearings and other scrutiny if Democrats win the House
Law and lobbying firms in Washington, D.C., are telling companies to prepare for a new level of scrutiny, since most modern midterm elections result in some loss of congressional control for the party...
MP Materials price target lowered to $65 from $80 at Baird
Baird lowered the firm’s price target on MP Materials (MP) to $65 from $80 and keeps an Outperform rating on the shares.
U.S. Rare Earth Stocks Fall as Trump and Xi Meet — Here’s Why
Shares in U.S.-based rare earth firms USA Rare Earth ($USAR), MP Materials ($MP), and NioCorp Developments ($NB) all fell on Wednesday, with USAR down roughly 7% to $15.83. All three…
China Rare Earth in talks to acquire MP Materials shareholder, Reuters says
China Rare Earth Group is in discussions to acquire Shenghe Resources, Reuters reports, citing two sources with knowledge of the matter. If the deal is completed, it would hand over…
MP Materials initiated with a Hold at Freedom Broker
Freedom Broker initiated coverage of MP Materials (MP) with a Hold rating and $57 price target The firm says long-term permanent-magnet demand supports a large and growing addressable market for…
MP Materials Transcript: Jefferies Global Industrials Conference 2026
The discussion highlighted the company's vertical integration, strong bipartisan policy support, and strategic partnerships, including with the Department of Defense. Progress continues on expanding NdPr and heavy rare earth production, with new facilities and contracts supporting growth. Geopolitical risks and supply chain independence remain central themes.
Rare Earth Stocks Rise After Report That Some Chinese Firms Have Paused U.S. Supply
Shares in U.S.-based rare earth firms USA Rare Earth ($USAR) and MP Materials ($MP) edged higher in Friday’s pre-market trading. This followed a Reuters report that some Chinese rare earth…