MP Materials Corp. (MP)

NYSE: MP · Real-Time Price · USD
64.78
+3.04 (4.92%)
May 22, 2026, 2:34 PM EDT - Market open
Market Cap11.53B +198.7%
Revenue (ttm)347.57M +60.9%
Net Income-71.19M
EPS-0.41
Shares Out 178.02M
PE Ration/a
Forward PE128.36
Dividendn/a
Ex-Dividend Daten/a
Volume5,064,036
Open63.06
Previous Close61.74
Day's Range62.92 - 65.60
52-Week Range18.64 - 100.25
Beta1.91
AnalystsStrong Buy
Price Target80.40 (+24.11%)
Earnings DateMay 7, 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.

Sector Materials
Founded 2017
Employees 998
Stock Exchange NYSE
Ticker Symbol MP
Full Company Profile

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 Statements

Analyst Summary

According to 16 analysts, the average rating for MP stock is "Strong Buy." The 12-month stock price target is $80.4, which is an increase of 24.11% from the latest price.

Price Target
$80.4
(24.11% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MP Stock Stays Perfect but Trading Has Been Strange Lately

MP stayed perfect when it got a new rating. All the analysts on Wall Street rate shares Buy.

3 hours ago - Barrons

MP Materials initiated with an Overweight at Barclays

Barclays analyst Richard Garchitorena initiated coverage of MP Materials (MP) with an Overweight rating and $69 price target

22 hours ago - TheFly

3 Small-Cap Stocks with ‘Strong Buy’ Ratings and Big Upside in 2026

Small-cap stocks often go unnoticed, but a few are grabbing Wall Street’s attention. Analysts are highlighting Napco Security Technologies ($NSSC), MP Materials ($MP), and Omada Health, Inc. ($OMDA) a...

Other symbols: NSSCOMDA
2 days ago - TipRanks

Why are Trump's rare earth stocks crashing today?

US rare earth miners are seeing immense pressure today (May 18) due to a combination of cooling global commodity prices, geopolitical headline shifts, and company-specific supply-side risks. MP Materi...

Other symbols: USAR
4 days ago - Invezz

MP Materials Transcript: Bank of America Global Metals, Mining and Steel Conference 2026

Rare earth magnet demand is set to triple by 2040, led by robotics and EVs, but supply chain bottlenecks in heavy rare earths and metallization threaten growth. Vertically integrated producers and recycling initiatives are key to overcoming these challenges, while NdPr prices are expected to rise to incentivize new capacity.

9 days ago - Transcripts

MP Materials price target raised to $70 from $65 at Deutsche Bank

Deutsche Bank raised the firm’s price target on MP Materials (MP) to $70 from $65 and keeps a Buy rating on the shares. The firm updated the company’s model post…

10 days ago - TheFly

MP Materials Is Quietly Building a Rare Earth Powerhouse

In 2025, rare earth elements company MP Materials NYSE: MP was indisputably one of the market's most discussed and best-performing stocks. Shares ended the year up approximately 224%, buoyed by invest...

10 days ago - MarketBeat

MP Materials Q1 Earnings Call Highlights

MP Materials NYSE: MP reported higher first-quarter revenue and adjusted earnings as the rare earths producer posted record NdPr oxide output and sales, advanced downstream magnet operations and reite...

10 days ago - MarketBeat

MP Materials price target raised to $70 from $62 at Morgan Stanley

Morgan Stanley analyst Carlos De Alba raised the firm’s price target on MP Materials (MP) to $70 from $62 and keeps an Overweight rating on the shares. Published first on…

11 days ago - TheFly

MP Materials price target raised to $100 from $90 at Wedbush

Wedbush analyst Sam Brandeis raised the firm’s price target on MP Materials (MP) to $100 from $90 and keeps an Outperform rating on the shares. The firm notes the company…

13 days ago - TheFly

MP Materials price target raised to $80 from $71 at Goldman Sachs

Goldman Sachs analyst Brian Lee raised the firm’s price target on MP Materials (MP) to $80 from $71 and keeps a Buy rating on the shares.

14 days ago - TheFly

MP Materials price target raised to $82 from $79 at Canaccord

Canaccord analyst George Gianarikas raised the firm’s price target on MP Materials (MP) to $82 from $79 and keeps a Buy rating on the shares. The firm’s target change is…

14 days ago - TheFly

MP Materials Stock Jumps. 2 Reasons Its Rare Earths Earnings Wowed Markets.

Thursday, MP reported first-quarter earnings per share of 3 cents from sales of $90.6 million. Wall Street was looking for a loss of 3 cents from sales of closer to $75 million.

14 days ago - Barrons

MP Materials reports Q1 EPS 3c, consensus (4c)

Reports Q1 revenue $90.65M, consensus $72.14M. “MP Materials (MP) delivered record NdPr production and sales with solid Adjusted EBITDA generation in the first quarter,” said James Litinsky, Founder, ...

14 days ago - TheFly

MP Materials Earnings Call Transcript: Q1 2026

Q1 2026 saw record NdPr oxide production and sales, strong revenue growth, and continued progress on magnetics and heavy rare earth projects. Robust liquidity and contracted visibility position the business well for scaling and meeting rising demand from AI, robotics, and defense.

14 days ago - Transcripts

MP Materials Earnings release: Q1 2026

MP Materials released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

14 days ago - Filings

MP Materials Slides: Q1 2026

MP Materials has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

14 days ago - Filings

MP Materials Quarterly report: Q1 2026

MP Materials has published its Q1 2026 quarterly earnings report on May 7, 2026.

14 days ago - Filings

MP Materials Reports First 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 March 31, 2...

14 days ago - Business Wire

MP Materials to Participate in the BofA Securities Global Metals, Mining, and Steel Conference

LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the BofA Securities Global Metals, Mining, ...

17 days ago - Business Wire

Rare-Earth Stocks Rise as China Looks to Tighten Production Oversight

Beijing is seeking to tighten controls on production of the minerals used in everything from cars to defense equipment.

Other symbols: ALBLACTMQUSARUUUU
23 days ago - WSJ

MP Materials Proxy statement: Proxy filing

MP Materials filed a proxy statement on April 24, 2026, providing details for shareholder voting and corporate governance matters.

4 weeks ago - Filings

MP Materials Proxy statement: Proxy filing

MP Materials filed a proxy statement on April 24, 2026, providing details for shareholder voting and corporate governance matters.

4 weeks ago - Filings

MP Materials (MP) Stock Surges after Wedbush Calls It ‘Nearly Irreplaceable’ with Big Upside

Shares of rare earth mining firm MP Materials ($MP) surged on Monday after five-star Wedbush analyst Dan Ives, along with analyst Sam Brandeis, started coverage with a Buy rating and…

Other symbols: AAPL
4 weeks ago - TipRanks

MP Materials call volume above normal and directionally bullish

Bullish option flow detected in MP Materials (MP) with 22,661 calls trading, 2x expected, and implied vol increasing almost 4 points to 73.90%. 4/24 weekly 70 calls and 5/1 weekly…

4 weeks ago - TheFly