MP Materials Corp. (MP)

NYSE: MP · Real-Time Price · USD
58.87
-1.13 (-1.88%)
At close: Feb 27, 2026, 4:00 PM EST
58.76
-0.11 (-0.19%)
After-hours: Feb 27, 2026, 7:59 PM EST
-1.88%
Market Cap 10.46B
Revenue (ttm) 275.46M
Net Income (ttm) -85.87M
Shares Out 177.67M
EPS (ttm) -0.50
PE Ratio n/a
Forward PE 109.38
Dividend n/a
Ex-Dividend Date n/a
Volume 6,854,089
Open 58.84
Previous Close 60.00
Day's Range 57.01 - 60.68
52-Week Range 18.64 - 100.25
Beta 1.56
Analysts Strong Buy
Price Target 70.92 (+20.47%)
Earnings Date Feb 26, 2026

About MP

MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. The company 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. The company was founded in 2017 and is headquartered in Las Vegas, Nevada. [Read more]

Sector Materials
Founded 2017
Employees 804
Stock Exchange NYSE
Ticker Symbol MP
Full Company Profile

Financial Performance

In 2025, MP Materials's revenue was $275.46 million, an increase of 35.12% compared to the previous year's $203.86 million. Losses were -$85.87 million, 31.3% more than in 2024.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for MP stock is "Strong Buy." The 12-month stock price target is $70.92, which is an increase of 20.47% from the latest price.

Price Target
$70.92
(20.47% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MP Materials Corp. (MP) Q4 2025 Earnings Call Transcript

MP Materials Corp. (MP) Q4 2025 Earnings Call Transcript

2 days ago - Seeking Alpha

MP Materials Revenue Falls After Halting Rare Earth Sales to China

The company's revenue declined 14% following the decision, which was made as part of an agreement with the U.S. government.

2 days ago - WSJ

MP Materials Reports Fourth Quarter and Full Year 2025 Results

LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”), today announced its financial results for the fourth quarter and full year ended Decembe...

2 days ago - Business Wire

MP Materials Earnings Could Mark a Turning Point for the Rare Earth Producer

MP Materials is expected to swing to positive Ebitda as it shifts to higher-value NdPr production and benefits from rising rare-earth prices.

3 days ago - Barrons

MP Materials selects Texas for rare earth magnet manufacturing site

MP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus. The facility, dubbed "10X," will use rare earth raw materials that have been sourced and pro...

3 days ago - CNBC

MP Materials Selects Northlake, Texas, as the Site of “10X,” a New U.S. Rare Earth Magnet Manufacturing Campus

NORTHLAKE, Texas--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced it has selected a 120‑acre site in Northlake, Texas, to develop “10X,” the company's planned large-s...

3 days ago - Business Wire

MP Materials Is Lifting Output of Rare-Earth Magnets. This Is Where.

Rare earth company MP Materials has selected the location for its next rare-earth magnet making facility.

3 days ago - Barrons

Trump's $550B Japan Deal Puts LNG, GE Vernova, And Rare Earth Stocks In Focus

A massive new investment wave from Japan is putting key corners of the U.S. energy and industrial markets back in the spotlight. President Donald Trump announced that Japan has begun deploying the fir...

Other symbols: ALBGEVLACTMQUSARUUUUET
11 days ago - Benzinga

MP Materials Backed By $110 DoD Price Floor As JPMorgan Sees 33% Upside

Rare earths are political again. And that's exactly why MP Materials Corp (NYSE: MP) may have one of the most unusual earnings setups in mining: a government-backed floor with upside still intact.

16 days ago - Benzinga

MP Materials: Advancing On National Security And Government-Backed Cash Flow Floor

MP Materials earns a strong buy rating, driven by the Department of War Price Protection Agreement guaranteeing a $110/kg NdPr revenue floor from October 2025. The PPA decouples MP's cash flow from vo...

16 days ago - Seeking Alpha

Trump administration equity stakes pose risks to U.S. companies and markets

The Trump administration has taken stakes or has agreements to do so with at least 10 companies. The stakes range from critical mineral companies, like USA Rare Earth and MP Materials, to big industri...

Other symbols: INTCUSAR
22 days ago - CNBC

Project Vault 'Puts America's Best Foot Forward'—Rare Earth Stocks Dig It

Rare earth and critical mineral stocks rallied as the Trump administration continued to promote its most aggressive step yet to decouple American industry from Chinese mineral supply chains.

Other symbols: ALBLACTMQUSARUUUU
26 days ago - Benzinga

Trump Project Vault stockpile will include any minerals listed as ‘critical' by Interior Department

The Trump administration's Project Vault stockpile can include any of the more than 50 minerals listed as critical by the Interior Department. The minerals include rare earths, lithium, uranium and co...

Other symbols: USAR
26 days ago - CNBC

Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile

The moves come shortly after President Donald Trump announced the establishment of a U.S. critical mineral reserve.

Other symbols: ALBLACTMQUSARUUUU
26 days ago - CNBC

Rare Earth Stocks Rise On News Trump Wants $12 Billion Stockpile

The Trump administration has been pursuing new ways to reduce supply chain reliance on China, according to the Bloomberg report. China is widely regarded as the largest producer of rare earth minerals...

Other symbols: USAR
27 days ago - Forbes

MP Materials Announces Date for Fourth Quarter 2025 Financial Results and Webcast

LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) will release its financial results for the fourth quarter ended December 31, 2025, after the U.S. markets close on Thursday...

4 weeks ago - Business Wire

MP, Rare Earth Stocks Sink on Price-Floor Fears. This Could Be a Buying Opportunity.

Rare-earth mining stocks slid after a report suggested the U.S. may rethink price-floor support—but analysts say government backing remains intact.

Other symbols: ALBLACTMQUSARUUUU
4 weeks ago - Barrons

Rare Earth Stocks Get Rocked: Here Are The Facts

The rare earth sector got a shock Wednesday evening when Reuters reported that the Trump administration is walking back previous promises to guarantee price floors for domestic critical mineral projec...

Other symbols: ALBLACTMQUSARUUUU
4 weeks ago - Benzinga

Uncle Sam's rare earth stake, Nike layoffs, five years of meme stocks and more in Morning Squawk

Here are five key things investors need to know to start the trading day.

Other symbols: ALBLACNKETMQUSARUUUU
4 weeks ago - CNBC

Will USA Rare Earth Stock Run 100% Post-Trump? MP Materials Did

The “Trump bump” is in effect again for critical mineral investors as the Trump administration invests in USA Rare Earth, Inc. (NASDAQ: USAR).

Other symbols: USAR
4 weeks ago - Benzinga

The New World Order Isn't A Theory - It's How I'm Investing

We are transitioning from a globalization-focused world to one prioritizing resilience, autarky, and supply chain security. Heightened geopolitical risks and deglobalization support investment in defe...

Other symbols: CBOECCJCMECNQCPEMEFANG
5 weeks ago - Seeking Alpha

Trump's push for Greenland mineral rights could block China's access to rare earths

President Donald Trump told CNBC that mineral rights are part of the Greenland deal framework that he announced this week in Davos, Switzerland. Trump says he wants to block China's and Russia's ambit...

Other symbols: SZZL
5 weeks ago - CNBC

Rare-Earth Stocks Get a Boost From Something New: Results.

News from the Australian miner Lynas is helping the U.S. sector.

Other symbols: USAR
5 weeks ago - Barrons

MP Materials Keeps Its Perfect Buy Rating After Defense Deal

A Defense Department agreement derisked MP's growth plans and lifted analyst price targets.

6 weeks ago - Barrons

Critical Metals' 100% Run Puts Rare Earth Stocks In Play For 2026's Top Trade

The first two weeks of 2026 have opened the year with a bull run in rare earth stocks, driven by geopolitical tension and aggressive industrial policies. The upward momentum could continue as the U.S....

Other symbols: ALBLACTMQUSARUUUU
6 weeks ago - Benzinga