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MP Materials Corp. (MP)

54.53 +0.75 (+1.39%)
At close: September 4 at 4:00:02 PM EDT
54.48 -0.05 (-0.09%)
After hours: September 4 at 7:59:44 PM EDT
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What's happening with MP?

25m ago
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MP Materials is gaining investor attention due to strong production increases and a bullish outlook from analysts, despite ongoing challenges in scaling operations. Recent contracts with defense clients and strategic expansions are key highlights driving market interest.

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  • Previous Close 53.78
  • Open 56.57
  • Bid 54.48 x 10000
  • Ask 54.56 x 60000
  • Day's Range 54.19 - 58.52
  • 52 Week Range 37.81 - 100.25
  • Volume 7,022,285
  • Avg. Volume 5,849,687
  • Market Cap (intraday) 9.712B
  • Beta (5Y Monthly) 1.95
  • PE Ratio (TTM) --
  • EPS (TTM) -0.33
  • Earnings Date Nov 5, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 75.38

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.

mpmaterials.com

998

Full Time Employees

December 31

Fiscal Year Ends

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

MP
7.94%
S&P 500 (^GSPC)
12.75%

1-Year Return

MP
15.04%
S&P 500 (^GSPC)
18.71%

3-Year Return

MP
153.51%
S&P 500 (^GSPC)
70.93%

5-Year Return

MP
58.66%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 108.49M
Earnings -20.3M
Profit Margin -18.71%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
50M
100M
-60.0%
-40.0%
-20.0%
0.0%

Analyst Insights

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Analyst Price Targets

58.00
75.38 Average
54.53 Current
100.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/24/2026
Analyst DA Davidson
Rating Action Maintains
Rating Buy
Price Action Maintains
Price Target 82 -> 82

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -14.56%

  • Return on Assets (ttm)

    -1.53%

  • Return on Equity (ttm)

    -3.58%

  • Revenue (ttm)

    416.25M

  • Net Income Avi to Common (ttm)

    -60.62M

  • Diluted EPS (ttm)

    -0.33

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.45B

  • Total Debt/Equity (mrq)

    41.40%

  • Levered Free Cash Flow (ttm)

    -432.95M

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