MP Materials Corp (MP)

Currency in USD
60.36
+5.32(+9.66%)
Real-time Data·
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Fair Value
Day's Range
55.8560.59
52 wk Range
37.81100.25
Key Statistics
Prev. Close
55.04
Open
56.37
Day's Range
55.85-60.59
52 wk Range
37.81-100.25
Volume
6.6M
Average Vol. (3m)
6.08M
1-Year Change
-11.6003%
Book Value / Share
10.99
Fair Value
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Fair Value Upside
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MP Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
75.38
Upside
+24.88%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year

MP Materials Corp News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

18 Buy
0 Hold
0 Sell
Ratings:
18 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 75.38
(+24.88% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Morgan Stanley
Buy73.00+21.08%71.50MaintainAug 19, 2026
JPMorgan
Buy60.00-0.48%75.00MaintainJul 29, 2026
Barclays
Buy65.00+7.81%69.00MaintainJul 16, 2026
Morgan Stanley
Buy71.50+18.59%70.00MaintainJul 08, 2026
BofA Securities
Buy85.00+40.99%-MaintainJun 22, 2026

MP Materials Corp SWOT Analysis


Future Prospects
Analysts project promising long-term growth, with price targets ranging from $22 to $32, as MP Materials aims for commercial-scale magnet production by end of 2025.
Market Dynamics
Delve into the challenges of the current low price environment for rare earth elements, balanced against strong long-term demand fundamentals and geopolitical support for domestic production.
Strategic Partnerships
Explore MP's transformative collaboration with the Department of Defense, enhancing processing capabilities and providing substantial EBITDA visibility through price floors and offtake agreements.
Rare Earth Giant
MP Materials, the largest rare earth producer outside China, is vertically integrating from mine to magnet, positioning itself as a crucial player in the global REE supply chain.
Read full SWOT analysis

MP Materials Corp Earnings Call Summary for Q2/2026

  • MP Materials Q2 revenue hit $108.49M, beating estimates by 13.33%, driven by 127% surge in NdPr sales volumes; posted $0.01 loss vs. $0.01 profit expected.
  • Adjusted EBITDA rose to $28.5M, up $41M year-over-year; company holds $1.45B in cash with current ratio of 7.18 despite heavy expansion spending.
  • Q3 NdPr production expected to exceed 1,000 metric tons; commercial magnet shipments targeted for Q4 2026 with gradual ramp thereafter.
  • Full-year capex guidance maintained at $500M-$600M; $46M prepaid revenue from magnetic precursors to be recognized over next 3-4 quarters.
  • CEO Litinsky emphasized long-term capability building over quarterly results, citing strong demand outlook from defense, robotics, and physical AI applications.
Last Updated: 08/06/2026, 06:38 PM
Read Full Transcript
MP Materials investor slides for Q2/2026
MP Materials Q2 2026 slides
Last Update: Aug 06, 2026
See full investor slides

Earnings

Latest Release
Aug 06, 2026
EPS / Forecast
-0.01 / 0.01
Revenue / Forecast
108.49M / 95.73M
EPS Revisions
Last 90 days

MP Income Statement

Compare MP to Peers and Sector

Metrics to compare
MP
Peers
Sector
Relationship
P/E Ratio
−177.2x−8.8x4.4x
PEG Ratio
−3.86−0.150.00
Price / Book
5.5x2.7x1.6x
Price / LTM Sales
25.8x14.0x1.3x
Upside (Analyst Target)
27.3%−7.8%36.3%
Fair Value Upside
Unlock−5.3%1.9%Unlock

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.

Employees
998

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
59.25M33.27%3.36B
Other Institutional Investors
84.31M47.34%4.78B
Public Companies & Retail Investors
34.54M19.40%1.96B
Total
178.1M100.00%10.09B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Hancock Prospecting Pty Ltd8.34%14,861,212842,333
BlackRock, Inc.8.27%14,737,381835,315

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FAQ

What Is the MP Materials (MP) Stock Price Today?

The MP Materials stock price today is 60.36 USD.

What Stock Exchange Does MP Materials Trade On?

MP Materials is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for MP Materials?

The stock symbol for MP Materials is "MP."

What Is the MP Materials Market Cap?

As of today, MP Materials market cap is 10.72B USD.

What Is MP Materials's Earnings Per Share (TTM)?

The MP Materials EPS (TTM) is -0.34.

When Is the Next MP Materials Earnings Date?

MP Materials will release its next earnings report on Oct 29, 2026.

From a Technical Analysis Perspective, Is MP a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has MP Materials Stock Split?

MP Materials has split 0 times.

How Many Employees Does MP Materials Have?

MP Materials has 998 employees.

What is the current trading status of MP Materials (MP)?

As of Aug 21, 2026, MP Materials (MP) is trading at a price of 60.36 USD, with a previous close of 55.04 USD. The stock has fluctuated within a day range of 55.85 USD to 60.59 USD, while its 52-week range spans from 37.81 USD to 100.25 USD.

What Is MP Materials (MP) Price Target According to Analysts?

The average 12-month price target for MP Materials is 75.38 USD, with a high estimate of 100 USD and a low estimate of 58 USD. 18 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +24.88% Upside potential.

What Is the MP Premarket Price?

MP's last pre-market stock price is 56.40 USD. The pre-market share volume is 108,790.00, and the stock has decreased by 1.36, or 2.47%.

What Is the MP After Hours Price?

MP's last after hours stock price is 55.67 USD, the stock has decreased by 0.63, or 1.14%.
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