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MP Overview

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$
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0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
61.118
Open
61.000
VWAP
57.61
Vol
9.09M
Mkt Cap
10.09B
Low
55.050
Amount
523.77M
EV/EBITDA(TTM)
624.95
Total Shares
178.02M
EV
10.61B
EV/OCF(TTM)
--
P/S(TTM)
30.61
MP Materials Corp. produces specialty materials that are vital inputs for electrification and other advanced technologies. The Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility (Mountain Pass) located in California. It is also developing a rare earth metal, alloy and magnet manufacturing facility in Fort Worth, Texas (Independence Facility). The Company’s segments include Materials and Magnetics. The Materials segment operates Mountain Pass, which produces refined rare earth products as well as rare earth concentrate and related products. The Materials segment primarily generates revenue from sales of rare earth concentrate, primarily sold for further distribution to a single, principal customer in China, and sales of neodymium-praseodymium (NdPr) oxide and metal, primarily sold to customers in Japan, South Korea, and broader Asia. The Magnetics segment operates the Independence Facility, where it produces magnetic precursor products.
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Events Timeline

(ET)
2026-05-07
16:20:00
MP Materials Q1 Revenue Reaches $90.65M, Exceeds Expectations
select
2026-04-20 (ET)
2026-04-20
09:00:00
U.S. Stock Futures Decline Amid Rising Tensions with Iran
select

News

stocktwits
8.5
05-18stocktwits
U.S.-China Rare Earth Supply Chain Talks Show Progress
  • Rare Earth Supply Agreement: The U.S. and China have reached an agreement covering mining and processing technologies for key minerals like indium and neodymium, aimed at reducing reliance on China, which controls about 90% of rare earth production, thereby enhancing U.S. supply chain security in defense and semiconductor sectors.
  • Market Reaction: Following the White House's announcement, stocks of rare earth companies such as MP Materials, USA Rare Earth, Energy Fuels, and United States Antimony gained attention; while MP and USA Rare Earth saw declines, Energy Fuels rose by 0.9%, reflecting market optimism regarding improvements in the rare earth supply chain.
  • Technology and Export Restrictions: The agreement also includes restrictions on the export of equipment and technologies for rare earth extraction and processing, addressing U.S. concerns over shortages of critical rare earth elements, which could alleviate long-standing supply chain bottlenecks reliant on a single geographic source and promote domestic production capabilities.
  • Government Investment Support: The U.S. government has invested in several rare earth companies, including MP Materials and Energy Fuels, to bolster domestic production and strengthen the supply chain for critical materials, ensuring competitiveness in sectors like electric vehicles and renewable energy.
Newsfilter
8.5
05-18Newsfilter
Hancock Prospecting Expands Portfolio into Defense and Gold
  • Portfolio Diversification: Hancock Prospecting has diversified its holdings in 2023 by adding defense, gold, and rare-earth assets, bringing its total portfolio value to $3.3 billion, indicating a strategic focus on emerging markets.
  • Significant Shift in Investments: In a March portfolio adjustment, Hancock invested $133 million in defense firms including CrowdStrike, L3Harris, Lockheed Martin, Northrop Grumman, and RTX, reflecting strong confidence in the defense sector.
  • Increased Gold Producer Holdings: Hancock has also increased its stake in major gold producer Newmont, further solidifying its investment in precious metals, which is expected to benefit from potential rises in gold prices.
  • Rare Earth Investment Boost: In the current quarter, Hancock raised its stake in Rare Earths Americas to 6.3% while increasing its position in Hudbay Minerals by approximately 10%, demonstrating a strategic emphasis on the rare earth and copper markets.
CNBC
6.5
05-16CNBC
Goldman Sachs Sees Growth Potential in Multiple Stocks
  • Strong Performance by Monster: Analysts at Goldman Sachs highlighted that Monster Beverage's robust April sales indicate ongoing momentum, with analyst Bonnie Herzog raising the price target from $95 to $97, anticipating continued double-digit growth in a challenging environment.
  • Positive Outlook for MP Materials: Following a strong earnings report, MP Materials is seen as nearing an important inflection point, with analyst Brian Lee increasing the price target from $71 to $80, expecting the company to continue executing its growth strategy, with shares up about 21% this year.
  • SharkNinja's International Growth: SharkNinja's quarterly performance reinforces the durability of its diversified growth model, with analyst Brooke Roach noting strong international momentum supporting a stronger growth outlook, although shares have only risen 3% over the past 12 months and underperformed year-to-date.
  • Nvidia's Potential Re-rating: Despite trading at a meaningful discount relative to history, analysts believe Nvidia's stock could re-rate if profitability metrics improve and AI adoption broadens, supporting sustained spending growth in the sector.
Fool
8.5
05-12Fool
U.S. Strengthens Rare Earth Supply Chain Security
  • Strategic Reserve Initiative: The U.S. has launched Project Vault, a $12 billion initiative aimed at establishing a strategic reserve of 60 critical minerals to break China's dominance in the global rare earth supply chain, thereby enhancing national security and economic stability.
  • Industry Leadership: MP Materials stands out as the only large-scale rare earth producer in the Western Hemisphere, owning the Mountain Pass deposit, one of the highest-grade rare earth mineral sites globally, and has commenced commercial magnet production at its Texas facility, securing a first-mover advantage in the market.
  • Government Partnership Agreement: The U.S. Department of Defense has entered into a public-private partnership with MP Materials, investing $400 million in the 10X magnet facility and ensuring the purchase of 100% of the magnets produced over the next decade, which stabilizes the company's pricing amid competitive pressures.
  • Long-term Supply Contracts: MP Materials has secured long-term offtake agreements with General Motors and Apple for magnets used in electric motors and recycled rare earth magnets, respectively, further solidifying its leadership position in the domestic rare earth market.
Yahoo Finance
9.5
05-09Yahoo Finance
MP Materials Reports Significant Q1 Growth with Record Production
  • Record Production: MP Materials achieved a record production of 917 metric tons of NDPR oxide in Q1, representing a 63% year-over-year increase, which underscores the company's strong performance in the rare earth market and is expected to enhance market share further.
  • Significant Sales Growth: NDPR oxide sales reached 1,006 metric tons, more than double the prior-year levels, demonstrating the company's success in developing new customer relationships, which is anticipated to positively impact future revenues.
  • Doubling of Material Segment Revenue: The material segment revenue hit $114.5 million, approximately double that of the previous year's first quarter, reflecting robust market demand and improved pricing, thereby strengthening the company's financial stability.
  • Capital Expenditure and Cash Flow: Capital expenditures for the quarter totaled $77.4 million, with about 60% allocated to the magnetic segment; although operational cash flow was weaker than expected, the company maintains $1.7 billion in cash and short-term investments, ensuring future investment capacity.
seekingalpha
9.5
05-08seekingalpha
MP Materials Reports Strong Q1 2026 Earnings with Record Production
  • Strong Performance: MP Materials reported $132.9 million in revenue for Q1 2026, representing a 28% sequential increase, alongside an adjusted EBITDA of $36.6 million, reflecting robust financial performance and heightened market demand.
  • Record Production: The company produced 917 metric tons of NdPr oxide in the Materials segment, a 63% year-over-year increase and a 28% sequential rise, with total sales reaching 1,006 metric tons, more than double last year's levels, indicating a significant enhancement in competitive positioning within the rare earth market.
  • Project Advancements: MP Materials made meaningful progress on the heavy rare earth separation circuit, expected to begin commissioning in Q2, while accelerating construction on the 10X project, demonstrating strong confidence in future growth prospects.
  • Outlook: The company anticipates second-quarter NdPr pricing to be in the low to mid-90s per kilogram, and despite market fluctuations, maintains an optimistic outlook for initial magnet revenue in the second half of 2026, indicating a positive strategic positioning in the market.
Wall Street analysts forecast MP stock price to rise
11 Analyst Rating
Wall Street analysts forecast MP stock price to rise
11 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
55.27
Averages
76.13
High
94.00
Current: 0.000
sliders
Low
55.27
Averages
76.13
High
94.00
Deutsche Bank
Buy
maintain
$65 -> $70
AI Analysis
2026-05-12
Reason
Deutsche Bank
Price Target
$65 -> $70
AI Analysis
2026-05-12
maintain
Buy
Reason
Deutsche Bank raised the firm's price target on MP Materials to $70 from $65 and keeps a Buy rating on the shares. The firm updated the company's model post the Q1 report.
Morgan Stanley
Carlos De Alba
maintain
$62 -> $70
2026-05-11
Reason
Morgan Stanley
Carlos De Alba
Price Target
$62 -> $70
2026-05-11
maintain
Reason
Morgan Stanley analyst Carlos De Alba raised the firm's price target on MP Materials to $70 from $62 and keeps an Overweight rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MP
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Valuation Metrics

The current forward P/E ratio for MP Materials Corp (MP.N) is 1428.57, compared to its 5-year average forward P/E of 151.70. For a more detailed relative valuation and DCF analysis to assess MP Materials Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
151.70
Current PE
1428.57
Overvalued PE
589.00
Undervalued PE
-285.61

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
167.30
Current EV/EBITDA
235.27
Overvalued EV/EBITDA
894.55
Undervalued EV/EBITDA
-559.96

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
15.07
Current PS
13.74
Overvalued PS
19.90
Undervalued PS
10.24

Financials

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Whales Holding MP

R
Rokos Capital Management LLP
Holding
MP
+23.73%
3M Return
L
Leap Investments LP
Holding
MP
+14.04%
3M Return
H
Hite Hedge Asset Management LLC
Holding
MP
+2.69%
3M Return
Q
Quantbot Technologies, LP
Holding
MP
+2.10%
3M Return
O
Omega Advisors, Inc.
Holding
MP
+0.21%
3M Return
W
W. H. Reaves & Co., Inc.
Holding
MP
-2.64%
3M Return

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Frequently Asked Questions

What is MP Materials Corp (MP) stock price today?

The current price of MP is 56.67 USD — it has decreased -7.51

What is MP Materials Corp (MP)'s business?

MP Materials Corp. produces specialty materials that are vital inputs for electrification and other advanced technologies. The Company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility (Mountain Pass) located in California. It is also developing a rare earth metal, alloy and magnet manufacturing facility in Fort Worth, Texas (Independence Facility). The Company’s segments include Materials and Magnetics. The Materials segment operates Mountain Pass, which produces refined rare earth products as well as rare earth concentrate and related products. The Materials segment primarily generates revenue from sales of rare earth concentrate, primarily sold for further distribution to a single, principal customer in China, and sales of neodymium-praseodymium (NdPr) oxide and metal, primarily sold to customers in Japan, South Korea, and broader Asia. The Magnetics segment operates the Independence Facility, where it produces magnetic precursor products.

What is the price predicton of MP Stock?

Wall Street analysts forecast MP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MP is76.13 USD with a low forecast of 55.27 USD and a high forecast of 94.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is MP Materials Corp (MP)'s revenue for the last quarter?

MP Materials Corp revenue for the last quarter amounts to 132.92M USD, increased 118.59

What is MP Materials Corp (MP)'s earnings per share (EPS) for the last quarter?

MP Materials Corp. EPS for the last quarter amounts to -0.04 USD, decreased -71.43

How many employees does MP Materials Corp (MP). have?

MP Materials Corp (MP) has 998 emplpoyees as of May 19 2026.

What is MP Materials Corp (MP) market cap?

Today MP has the market capitalization of 10.09B USD.