MP Materials Corp. (MP)

US — Basic Materials Sector
Peers: HMY  CDE  AA  EQX  ALB  JHX  SUZ  RGLD  WLK  MOS 

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Key Metrics & Ratings

  • symbol MP
  • Rev/Share 1.337
  • Book/Share 13.6625
  • PB 4.4318
  • Debt/Equity 0.4351
  • CurrentRatio 8.0479
  • ROIC -0.0382

 

  • MktCap 10731305746.0
  • FreeCF/Share -1.3215
  • PFCF -46.6491
  • PE -89.6002
  • Debt/Assets 0.2725
  • DivYield 0
  • ROE -0.0859

 

  • Rating D+
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation MP William Blair -- Outperform -- -- Jan. 13, 2026
Upgrade MP Morgan Stanley Equal Weight Overweight -- $71 Dec. 5, 2025
Upgrade MP BMO Capital Markets Market Perform Outperform -- $75 Nov. 24, 2025
Initiation MP Goldman -- Buy -- $77 Nov. 19, 2025
Upgrade MP JP Morgan Neutral Overweight -- -- Nov. 14, 2025
Upgrade MP Deutsche Bank Hold Buy -- $71 Nov. 10, 2025
Resumed MP BMO Capital Markets -- Market Perform -- $76 Oct. 9, 2025
Initiation MP Daiwa Securities -- Outperform -- $80 Sept. 23, 2025
Upgrade MP Jefferies Hold Buy -- $80 Aug. 1, 2025
Resumed MP Morgan Stanley -- Equal Weight -- $65 July 31, 2025

News

Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile
ALB, LAC, MP, TMQ, USAR, UUUU
Published: February 03, 2026 by: CNBC
Sentiment: Positive

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

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image for news Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile
Rare Earth Stocks Rise On News Trump Wants $12 Billion Stockpile
MP
Published: February 02, 2026 by: Forbes
Sentiment: Positive

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 in the world, which are needed for components in a variety of American tech products like smartphones and batteries.

Read More
image for news Rare Earth Stocks Rise On News Trump Wants $12 Billion Stockpile
Why Shares in MP Materials Slumped This Week
MP
Published: January 30, 2026 by: The Motley Fool
Sentiment: Neutral

Rare-earth stocks are strategically important to the U.S., bringing benefits but also potential political risk. MP Materials has a bright future, but it's dependent on the U.S. Government in many ways.

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image for news Why Shares in MP Materials Slumped This Week
Why MP Materials Stock Just Crashed
MP
Published: January 29, 2026 by: The Motley Fool
Sentiment: Negative

The U.S. Department of Defense invested in MP Materials last year, and gave the company a price guarantee. Reuters reports the government is now reconsidering the wisdom of offering price guarantees to other miners.

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image for news Why MP Materials Stock Just Crashed
MP, Rare Earth Stocks Sink on Price-Floor Fears. This Could Be a Buying Opportunity.
ALB, LAC, MP, TMQ, USAR, UUUU
Published: January 29, 2026 by: Barrons
Sentiment: Positive

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

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image for news MP, Rare Earth Stocks Sink on Price-Floor Fears. This Could Be a Buying Opportunity.
Rare Earth Stocks Get Rocked: Here Are The Facts
ALB, LAC, MP, TMQ, USAR, UUUU
Published: January 29, 2026 by: Benzinga
Sentiment: Negative

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 projects.

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image for news Rare Earth Stocks Get Rocked: Here Are The Facts
MP vs. LYSDY: Which Rare-Earth Stock Boasts More Upside?
LYSDY, MP
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Positive

Lynas Rare Earths emerges as the stronger pick as rare earth demand rises, backed by completed expansions, heavy rare earth output and a cheaper valuation.

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image for news MP vs. LYSDY: Which Rare-Earth Stock Boasts More Upside?
3 Rare Earth Stocks to Watch Following Washington's Latest Trade Moves
LYSCF, MP, UUUU
Published: January 26, 2026 by: MarketBeat
Sentiment: Neutral

Trade-related news from Washington, including the push for Greenland, is sending ripples of volatility through rare-earth mining stocks. However, these stocks are well-positioned in 2026, as they are insulated from broader macroeconomic concerns through domestically focused production strategies and government support.

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image for news 3 Rare Earth Stocks to Watch Following Washington's Latest Trade Moves
China's Stranglehold on Critical Minerals Creates Massive Opportunity in These 5 Stocks
ALB, LAC, MP, RIO, VALE
Published: January 26, 2026 by: 24/7 Wall Street
Sentiment: Positive

Oil built the 20th century. Rare earths and critical minerals is building the 21st.

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image for news China's Stranglehold on Critical Minerals Creates Massive Opportunity in These 5 Stocks
Trump's push for Greenland mineral rights could block China's access to rare earths
MP, SZZL
Published: January 23, 2026 by: CNBC
Sentiment: Positive

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 ambitions in the Arctic.

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image for news Trump's push for Greenland mineral rights could block China's access to rare earths
2 Rare Earth Stocks Hot Amid Greenland Gridlock
ALB, LAC, MP, TMQ, USAR, UUUU
Published: January 20, 2026 by: Schaeffers Research
Sentiment: Positive

MP Materials Corp (NYSE:MP) and USA Rare Earth Inc (NASDAQ:USAR) shares are on the rise today, as investors monitor the rare earths sector while the U.S. and Europe clash over the sale of Greenland.

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image for news 2 Rare Earth Stocks Hot Amid Greenland Gridlock
Insiders Are Selling These 3 High-Flying Stocks
MP, OKLO, RDW
Published: January 19, 2026 by: MarketBeat
Sentiment: Neutral

Some of the market's most volatile stocks have seen significant insider selling recently. This includes notable names across rare earth metals, nuclear energy, and aerospace industries.

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image for news Insiders Are Selling These 3 High-Flying Stocks
REMX: Big Policy Tailwinds, Bigger Volatility
ALB, LYSCF, MP, REMX
Published: January 16, 2026 by: Seeking Alpha
Sentiment: Neutral

REMX: Big Policy Tailwinds, Bigger Volatility

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image for news REMX: Big Policy Tailwinds, Bigger Volatility
MP Materials Keeps Its Perfect Buy Rating After Defense Deal
MP
Published: January 13, 2026 by: Barrons
Sentiment: Positive

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

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image for news MP Materials Keeps Its Perfect Buy Rating After Defense Deal
Critical Metals' 100% Run Puts Rare Earth Stocks In Play For 2026's Top Trade
ALB, LAC, MP, TMQ, USAR, UUUU
Published: January 12, 2026 by: Benzinga
Sentiment: Positive

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. makes definitive moves toward mineral sovereignty.

Read More
image for news Critical Metals' 100% Run Puts Rare Earth Stocks In Play For 2026's Top Trade
MP Materials Trades at Premium Value: Here's How to Play the Stock
MP
Published: January 05, 2026 by: Zacks Investment Research
Sentiment: Negative

MP shares soar 169% on Apple and DoW partnerships, and rising output, but rich valuation and falling earnings estimates urge caution.

Read More
image for news MP Materials Trades at Premium Value: Here's How to Play the Stock
MP Materials' Bottom May Have Materialized - FQ4'25 Tailwinds Trigger Upgraded Buy Rating
MP
Published: December 31, 2025 by: Seeking Alpha
Sentiment: Positive

MP is upgraded to a Buy here, thanks to the promising bottoming technical indicators and the cheaper valuations after the steep selloff from 52 week heights. The miner benefits from a 10-year NdPr price floor from the DOW and the partnership prepayments, with the higher FQ3'25 outputs supporting a return to profitability from FQ4'25 onward. MP's vertically integrated operations across mining/refining/magnet production/recycling in the US uniquely position it for premium pricing as global supply chains diversify from China.

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image for news MP Materials' Bottom May Have Materialized - FQ4'25 Tailwinds Trigger Upgraded Buy Rating
MP vs. UUUU: Which Rare Earth Stock Has an Edge Now?
MP, UUUU
Published: December 23, 2025 by: Zacks Investment Research
Sentiment: Neutral

MP Materials' integrated U.S. rare earth model, Apple deal and defense backing give it an edge over rivals as demand for critical minerals accelerates.

Read More
image for news MP vs. UUUU: Which Rare Earth Stock Has an Edge Now?
3 Rare Earth Stocks to Watch in 2026 as the Sector Heats Up
AREC, MP, USAR
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Positive

The U.S. rare earth industry is accelerating as federal funding drives a domestic mine-to-magnet supply chain.

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image for news 3 Rare Earth Stocks to Watch in 2026 as the Sector Heats Up
MP Expects Return to Profitability in Q4: Achievable or Too Ambitious?
MP
Published: December 15, 2025 by: Zacks Investment Research
Sentiment: Positive

MP Materials' eight straight quarters of adjusted losses highlight rising costs from downstream expansion, with profitability targeted for Q4 2025 as NdPr output ramps.

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image for news MP Expects Return to Profitability in Q4: Achievable or Too Ambitious?
Is MP Stock a Buy, Hold or Sell After Its 98.9% Six-Month Rally?
MP
Published: December 11, 2025 by: Zacks Investment Research
Sentiment: Positive

MP Materials surges nearly 99% as new DoW partnerships, Apple deal and record NdPr output fuel a powerful six-month rally.

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image for news Is MP Stock a Buy, Hold or Sell After Its 98.9% Six-Month Rally?
The last holdout on MP Materials' stock has turned bullish
MP
Published: December 05, 2025 by: Market Watch
Sentiment: Positive

Wall Street analysts are now unanimous in being bullish on MP Materials' stock, after Morgan Stanley's Carlos De Alba upgraded it to overweight.

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image for news The last holdout on MP Materials' stock has turned bullish
5 Stocks to Buy Before Santa Claus Comes to Town
AMD, APLD, AVGO, MP, ONDS
Published: November 26, 2025 by: MarketBeat
Sentiment: Neutral

November was a challenging month for stocks, as macroeconomic concerns and concerns about an AI bubble weighed on prices. Most S&P 500 NYSEARCA: SPY stocks moved lower, but there is good news.

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image for news 5 Stocks to Buy Before Santa Claus Comes to Town
Betting on the Backbone: 3 AI Infrastructure Stocks
MP, SMR, USAR
Published: November 25, 2025 by: MarketBeat
Sentiment: Negative

Many investors vividly remember the dot-com bubble of the late 1990s. During that era, speculative websites with no revenue collapsed, wiping out billions in market value.

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image for news Betting on the Backbone: 3 AI Infrastructure Stocks
If You'd Invested $100 in MP Materials 1 Year Ago, Here's How Much You'd Have Today
MP
Published: November 24, 2025 by: The Motley Fool
Sentiment: Neutral

A year ago, MP Materials was at the mercy of China. Today, it's backed by cash -- and price guarantees -- from the U.S. government.

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image for news If You'd Invested $100 in MP Materials 1 Year Ago, Here's How Much You'd Have Today
MP vs. USAR: Which Rare-Earth Play Looks Stronger Right Now?
MP, USAR
Published: November 24, 2025 by: Zacks Investment Research
Sentiment: Positive

MP's expanding production, DoW-backed deals and a clearer path to profitability make it stand out in the rare earth race against USAR.

Read More
image for news MP vs. USAR: Which Rare-Earth Play Looks Stronger Right Now?
Wall Street Just Upgraded NVDA, AMZN, and MP Again
AMZN, MP, NVDA
Published: November 24, 2025 by: 24/7 Wall Street
Sentiment: Positive

Bernstein, which reiterated an outperform rating on NVDA, says the data center opportunity is still significant and still early, with further upside likely. Goldman Sachs reiterated its buy rating on Amazon, noting that it's well-positioned for the holidays. Also, analysts at BMO just upgraded MP Materials to an outperform rating, noting that the dip is a buying opportunity.

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image for news Wall Street Just Upgraded NVDA, AMZN, and MP Again
Analysts Confident as Rare-Earths Stock Lands Another Upgrade
MP
Published: November 24, 2025 by: Schaeffers Research
Sentiment: Positive

MP Materials Corporation (NYSE:MP) is up 4% to trade at $57.48 this morning, after receiving an upgrade from BMO Capital to "outperform" from "market perform.

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image for news Analysts Confident as Rare-Earths Stock Lands Another Upgrade
Invesco Small Cap Value Fund Q3 2025 Performance Review
COHR, DAVA, EPAM, GLOB, HBM, LITE, MOH, MP, PNFP, RMBS
Published: November 20, 2025 by: Seeking Alpha
Sentiment: Neutral

Stock selection in materials was the largest contributor to relative performance. The fund's holdings in mining exchange-traded funds and lack of real estate exposure also aided relative return. Stock selection in healthcare, energy, industrials and IT detracted from relative return.

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image for news Invesco Small Cap Value Fund Q3 2025 Performance Review
MP Materials shares rise on Saudi rare earth refinery joint venture
MP
Published: November 19, 2025 by: Proactive Investors
Sentiment: Positive

MP Materials (NYSE:MP) shares jumped about 9% on Wednesday following the announcement of a joint venture with the US Department of Defense and the Saudi Arabian Mining Company (Maaden) to develop a rare earth refinery in Saudi Arabia. Under the agreement, MP and the Pentagon will collectively hold a 49% stake in the joint venture, while Maaden will maintain a minimum 51% interest.

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image for news MP Materials shares rise on Saudi rare earth refinery joint venture

About MP Materials Corp. (MP)

  • IPO Date 2020-06-22
  • Website https://mpmaterials.com
  • Industry Industrial Materials
  • CEO James Henry Litinsky
  • Employees 804

MP Materials Corp. owns and operates rare earth mining and processing facilities. It owns and operates the Mountain Pass Rare Earth mine located in the Western Hemisphere. The company holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. It offers cerium, lanthanum, neodymium, praseodymium, and samarium. The company was founded in 2017 and is headquartered in Las Vegas, Nevada.