MP Materials Corp. (MP)
NYSE: MP · Real-Time Price · USD
18.14
-0.09 (-0.49%)
Nov 4, 2024, 1:09 PM EST - Market open

MP Materials Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for MP Materials stock have an average target of 20.91, with a low estimate of 12.5 and a high estimate of 30. The average target predicts an increase of 15.27% from the current stock price of 18.14.

Analyst Consensus: Buy
Target Low Average Median High
Price $12.5 $20.91 $19 $30
Change -31.09% +15.27% +4.74% +65.38%

Analyst Ratings

The average analyst rating for MP Materials stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 554445
Buy 112211
Hold 445555
Sell 000000
Strong Sell 000000
Total 101011111011

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BMO Capital
BMO Capital
Hold
Maintains
$16$19
Hold Maintains $16$19 +1.98% Oct 25, 2024
JP Morgan
JP Morgan
Hold
Maintains
$15$18
Hold Maintains $15$18 -0.77% Oct 21, 2024
DA Davidson
DA Davidson
Strong Buy
Maintains
$20$23
Strong Buy Maintains $20$23 +26.79% Oct 1, 2024
BMO Capital
BMO Capital
Hold
Maintains
$16$16
Hold Maintains $16$16 -11.80% Sep 30, 2024
Baird
Baird
Buy
Maintains
$20$25
Buy Maintains $20$25 +37.82% Sep 27, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
173.28M
from 253.45M
Decreased by -31.63%
Revenue Next Year
385.88M
from 173.28M
Increased by 122.69%
EPS This Year
-0.44
from 0.14
EPS Next Year
0.13
from -0.44
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
73.41M134.31M331.95M527.51M253.45M173.28M385.88M604.70M
Revenue Growth
8.89%82.96%147.15%58.91%-51.95%-31.63%122.69%56.71%
EPS
-0.10-0.270.731.520.14-0.440.130.94
EPS Growth
---108.07%-90.96%--593.38%
Forward PE
------134.4419.39
No. Analysts -----15159
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 185.9M 671.0M 875.0M
Avg 173.3M 385.9M 604.7M
Low 145.5M 261.7M 427.3M

Revenue Growth

Revenue Growth 20242025202620272028
High
-26.7%
287.2%
126.7%
Avg
-31.6%
122.7%
56.7%
Low
-42.6%
51.0%
10.7%

EPS Forecast

EPS 20242025202620272028
High -0.39 0.62 1.40
Avg -0.44 0.13 0.94
Low -0.52 -0.31 0.39

EPS Growth

EPS Growth 20242025202620272028
High - -
935.0%
Avg - -
593.4%
Low - -
190.5%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.