MP Materials Corp. (MP)
| Market Cap | 8.75B -32.5% |
| Revenue (ttm) | 416.25M +71.9% |
| Net Income | -60.62M |
| EPS | -0.34 |
| Shares Out | 178.10M |
| PE Ratio | n/a |
| Forward PE | 118.54 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 876,160 |
| Open | 50.68 |
| Previous Close | 50.00 |
| Day's Range | 49.32 - 50.83 |
| 52-Week Range | 37.81 - 100.25 |
| Beta | 1.95 |
| Analysts | Strong Buy |
| Price Target | 74.29 (+51.13%) |
| 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 $74.29, which is an increase of 51.13% from the latest price.
News
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…
MP Materials to Participate in Jefferies 2026 Global Industrials Conference
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in Jefferies Industrials Conference on Wednesd...
MP Materials price target raised to $73 from $71.50 at Morgan Stanley
Morgan Stanley raised the firm’s price target on MP Materials (MP) to $73 from $71.50 and keeps an Overweight rating on the shares.
MP Materials Transcript: Canaccord Genuity's 46th Annual Growth Conference
Exploratory drilling at Mountain Pass suggests extended mine life and resource scale, while facility upgrades and new technologies target higher throughput and product diversification. Heavy rare earth separation is ramping up, and strategic positioning leverages market constraints and growing customer urgency.
MP Materials price target lowered to $58 from $61 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on MP Materials (MP) to $58 from $61 and keeps a Buy rating on the shares.
MP Materials to Participate in Canaccord Genuity's 46th Annual Growth Conference
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in Canaccord Genuity's 46th Annual Growth Conf...
Trump to host mining CEOs as administration seeks minerals for defense supply chains
U.S. President Donald Trump will convene executives from some of the world's largest mining companies at the State Department on Friday as his administration intensifies efforts to secure domestic an...
MP Materials Earnings Call Transcript: Q2 2026
Revenue and EBITDA more than doubled year-over-year, driven by a 127% increase in NdPr sales. Major milestones included a long-term gadolinium supply deal, progress on heavy rare earth separation, and strong demand across key sectors. Liquidity remains robust at $1.45 billion.
MP Materials Earnings release: Q2 2026
MP Materials released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
MP Materials Slides: Q2 2026
MP Materials has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
MP Materials Quarterly report: Q2 2026
MP Materials has published its Q2 2026 quarterly earnings report on August 6, 2026.
MP Materials reports Q2 adjusted EPS (1c), consensus 0c
Reports Q2 revenue $108.49M, consensus $95.95M. “MP Materials (MP) built on its strong start to the year, ramping NdPr production and sales volumes while generating solid Adjusted EBITDA,” said James…
MP Materials Reports Second 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 June 30, 20...
Heavy Rare Earth Metals Plant Boosts U.S. Supply Chain Independence
The United States is finally starting to dig itself out of a rare earth metals hole it spent decades digging. The effort got a boost on July 29, when Energy Fuels announced that construction has begun...
MP Materials price target lowered to $60 from $75 at JPMorgan
JPMorgan analyst Bill Peterson lowered the firm’s price target on MP Materials (MP) to $60 from $75 and keeps an Overweight rating on the shares.
Insight: Trump may need to allow Chinese minerals as US industry struggles to meet 2027 deadline
U.S. President Donald Trump's push to end Washington's reliance on Chinese critical minerals by January is colliding with a stark reality: American miners and processors aren't ready.
Trump Order to Secure Critical Minerals Supply Chain Underscores Risk to Defense Industry
The order comes as the administration has ramped up efforts to break China's stranglehold on the mining and processing of rare earths needed for defense and autos.
Trump orders tightening of defense supply chain waiver rules
President Donald Trump on Monday signed an executive order making it harder for U.S. defense contractors to obtain waivers allowing them to buy critical minerals and other materials from China and ot...
Investors Can't Shake AI Bubble Fears—But They're Not Dropping Their Favorite Tech Stocks
Individual investors continue to prove their resilience and maintain their optimism more than halfway through a volatile year for stocks and continued geopolitical uncertainty, according to Investoped...
MP Materials Announces Date for Second Quarter 2026 Financial Results and Webcast
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) will release its financial results for the second quarter ended June 30, 2026, after the U.S. markets close on Thursday, Au...
MP Materials price target lowered to $65 from $69 at Barclays
Barclays lowered the firm’s price target on MP Materials (MP) to $65 from $69 and keeps an Overweight rating on the shares. The firm adjusted targets in the metals and…
MP Materials price target lowered to $61 from $70 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on MP Materials (MP) to $61 from $70 and keeps a Buy rating on the shares ahead of the company’s Q2 report. Published…