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MP Overview

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$
0.000
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
70.400
Open
67.050
VWAP
67.35
Vol
7.26M
Mkt Cap
12.00B
Low
64.250
Amount
489.00M
EV/EBITDA(TTM)
689.52
Total Shares
178.02M
EV
11.71B
EV/OCF(TTM)
--
P/S(TTM)
33.69
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

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.
seekingalpha
9.5
05-08seekingalpha
MP Materials Surprises with Q1 Profit, Shares Rise 9.6%
  • Surprising Profit: MP Materials reported an unexpected profit in Q1, with revenues increasing by 49% year-over-year, driven by higher sales of separated NdPr oxide and metal, showcasing the company's strong performance in the rare earth market.
  • Narrowed Net Loss: The Q1 GAAP net loss narrowed to $8 million, or $0.04 per share, compared to a $22.7 million net loss and $0.14 per share loss in the same quarter last year, indicating an improvement in the company's financial health.
  • Accelerated Market Demand: The Middle East war has highlighted the importance of rare earth magnets in drones and robots, with CEO Litinsky noting that this event may accelerate demand for rare earth magnets, suggesting that future warfare will rely on millions, if not billions, of robots and drones.
  • Reduced Heavy Rare Earth Concerns: Litinsky emphasized that MP Materials and its peers can increasingly produce high-performance magnets with little or no heavy rare earth content, a shift that could lower prices for materials like terbium and dysprosium, although NdPr prices may rise.
Fool
8.5
05-08Fool
MP Materials Shares Surge 36.8% Amid Positive Market Dynamics
  • Sector Rerating Impact: MP Materials' stock surged 36.8% in April, buoyed by a 72% rise in peer USA Rare Earth, which de-risked its business model by securing rare-earth element supplies, enhancing market confidence in MP Materials, especially as it already has mining operations and is expanding magnet production.
  • Trade Tensions Boost: The escalating trade and political tensions between the U.S. and China may lead to stricter rare-earth export controls from China, increasing the urgency for U.S. domestic supply, thereby elevating MP Materials' strategic significance in the market.
  • Price Protection Agreement Benefits: The price protection agreement with the U.S. Department of Defense sets a floor price of $110 per kg for MP Materials' Neodymium-Praseodymium products, expected to significantly enhance financial performance, generating $51 million in revenue in Q4 2025.
  • Sustained Market Confidence: Despite the political risks associated with the price protection agreement, market sentiment remains optimistic about MP Materials' long-term prospects as a key solution for securing domestic supplies of rare-earth materials and magnets, bolstering investor confidence.
NASDAQ.COM
8.5
05-08NASDAQ.COM
MP Materials Benefits from Government Support in Rare Earth Sector
  • Significant Stock Surge: MP Materials' shares rose by 36.8% in April, according to S&P Global Market Intelligence, reflecting a market rerating of the rare earth sector and indicating strong investor confidence in the company's long-term prospects.
  • Peer Performance Boost: USA Rare Earth, a competitor, saw its stock increase by 72% in April, highlighting a derisking trend in the rare earth industry that enhances MP Materials' market position, especially as it already has mining operations and is expanding its magnet production capabilities.
  • Government Price Protection Agreement: The price protection agreement with the U.S. Department of Defense sets a floor price of $110 per kg for its Neodymium-Praseodymium products, expected to significantly boost financial results, with $51 million in revenue reported in Q4 2025 and adjusted net income of $18.3 million.
  • Geopolitical Risks: Ongoing trade and political tensions between the U.S. and China may lead to stricter rare earth export controls, underscoring the U.S. need for domestic supply, thereby increasing MP Materials' strategic importance in securing essential materials.
Yahoo Finance
4.5
05-08Yahoo Finance
Iran Deal Doubts Hit Stocks, Nvidia and Tesla Show Strength
  • Market Volatility: Doubts surrounding the Iran deal led to volatility in the stock market on Thursday, with major indices experiencing declines, reflecting investor sensitivity to geopolitical risks and uncertainty.
  • Tech Stocks Resilience: Despite the overall market pressure, Nvidia and Tesla showed strong performance, indicating investor confidence in the long-term growth potential of these companies, which may attract more capital into the tech sector.
  • Earnings Movers: CoreWeave, Rocket Lab, Cloudflare, and IREN's earnings reports became focal points for the market, with investors closely monitoring their performance to assess future growth prospects and competitive positioning.
  • Jobs Report Anticipation: The market is set to receive a new jobs report, with analysts expecting it to provide crucial signals regarding economic recovery, which could further influence investor decisions and market trends.
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
Morgan Stanley
Carlos De Alba
maintain
$62 -> $70
AI Analysis
2026-05-11
New
Reason
Morgan Stanley
Carlos De Alba
Price Target
$62 -> $70
AI Analysis
2026-05-11
New
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.
Wedbush
Sam Brandeis
Outperform
maintain
$90 -> $100
2026-05-08
New
Reason
Wedbush
Sam Brandeis
Price Target
$90 -> $100
2026-05-08
New
maintain
Outperform
Reason
Wedbush analyst Sam Brandeis raised the firm's price target on MP Materials to $100 from $90 and keeps an Outperform rating on the shares. The firm notes the company reported its Q1 results which featured strong beats across the board, highlighted by record NdPr oxide production and record NdPr Sales Volumes as MP continues to scale its vertically integrated mine-to-magnet platform. Wedbush has increased confidence in the MP growth story through 2026 and beyond as Magnetics commercial magnet deliveries inflect and continued NdPr oxide production scaling toward the year-end run rate target.
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 146.16. 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
146.16
Current PE
1428.57
Overvalued PE
575.94
Undervalued PE
-283.62

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
166.47
Current EV/EBITDA
297.79
Overvalued EV/EBITDA
893.77
Undervalued EV/EBITDA
-560.82

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
15.08
Current PS
15.05
Overvalued PS
19.91
Undervalued PS
10.25

Financials

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Whales Holding MP

H
Himension Capital (Singapore) Pte Ltd
Holding
MP
+25.87%
3M Return
R
Rokos Capital Management LLP
Holding
MP
+24.43%
3M Return
L
Leap Investments LP
Holding
MP
+12.13%
3M Return
H
Hancock Prospecting Pty Ltd
Holding
MP
+9.40%
3M Return
W
W. H. Reaves & Co., Inc.
Holding
MP
+6.26%
3M Return
O
Omega Advisors, Inc.
Holding
MP
+4.18%
3M Return

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Frequently Asked Questions

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

The current price of MP is 67.41 USD — it has decreased -0.03

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 12 2026.

What is MP Materials Corp (MP) market cap?

Today MP has the market capitalization of 12.00B USD.