MP Materials Corp. (MP)
NYSE: MP · Real-Time Price · USD
18.78
+0.55 (3.02%)
Nov 21, 2024, 3:24 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 11.34% from the current stock price of 18.78.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 5 | 5 |
| Buy | 1 | 2 | 2 | 1 | 1 | 1 |
| Hold | 4 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $16 → $19 | Hold | Maintains | $16 → $19 | -1.49% | Oct 25, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $15 → $18 | Hold | Maintains | $15 → $18 | -4.15% | Oct 21, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $20 → $23 | Strong Buy | Maintains | $20 → $23 | +22.47% | Oct 1, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $16 → $16 | Hold | Maintains | $16 → $16 | -14.80% | Sep 30, 2024 |
| Baird | Baird | Buy Maintains $20 → $25 | Buy | Maintains | $20 → $25 | +33.12% | Sep 27, 2024 |
Financial Forecast
Revenue This Year
177.13M
from 253.45M
Decreased by -30.11%
Revenue Next Year
376.55M
from 177.13M
Increased by 112.58%
EPS This Year
-0.43
from 0.14
EPS Next Year
0.13
from -0.43
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 204.8M | 671.0M | 875.0M | ||
| Avg | 177.1M | 376.6M | 596.2M | ||
| Low | 148.0M | 274.4M | 427.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -19.2% | 278.8% | 132.4% | ||
| Avg | -30.1% | 112.6% | 58.3% | ||
| Low | -41.6% | 54.9% | 13.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.30 | 0.62 | 1.40 | ||
| Avg | -0.43 | 0.13 | 0.90 | ||
| Low | -0.52 | -0.31 | 0.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 942.9% | ||
| Avg | - | - | 571.4% | ||
| Low | - | - | 192.8% |
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.