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 4.4025
  • Debt/Equity 0.4193
  • CurrentRatio 8.0479
  • ROIC -0.0382

 

  • MktCap 10660413552.0
  • FreeCF/Share -1.3215
  • PFCF -46.341
  • PE -89.0083
  • Debt/Assets 0.2626
  • 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 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
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
Downgrade MP Jefferies Buy Hold -- $33 July 7, 2025
Upgrade MP Morgan Stanley Equal Weight Overweight -- $34 June 5, 2025

News

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.

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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
MP Materials' NdPr Production Soars: Can Growth Continue?
MP
Published: November 19, 2025 by: Zacks Investment Research
Sentiment: Positive

MP's NdPr output surges 51% in Q3, setting a new record and exceeding its entire 2024 total.

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image for news MP Materials' NdPr Production Soars: Can Growth Continue?
MP Materials stock surges on Pentagon-backed deal to develop rare earth refinery in Saudi Arabia
MP
Published: November 19, 2025 by: CNBC
Sentiment: Positive

MP Materials, the Department of Defense, and Saudi mining company Maaden signed a binding agreement to develop a rare earth refinery in the kingdom. MP and the Pentagon will hold a 49% stake in the joint venture, the company said.

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image for news MP Materials stock surges on Pentagon-backed deal to develop rare earth refinery in Saudi Arabia
MP Materials gets another government deal, this time in Saudi Arabi
MP
Published: November 19, 2025 by: Market Watch
Sentiment: Positive

MP Materials' stock was surging Wednesday after the rare-earth producer announced a partnership with the U.S. government to build a refinery in Saudi Arabia.

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image for news MP Materials gets another government deal, this time in Saudi Arabi
MP Materials, Rare Earth Stocks Fall—Again
ALB, LAC, MP, TMQ, USAR, UUUU
Published: November 17, 2025 by: Barrons
Sentiment: Negative

Positive comments from D.A. Davidson analyst Matt Summerville couldn't stop MP Materials shares from falling again early Monday.

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image for news MP Materials, Rare Earth Stocks Fall—Again
MP Materials Corp. (MP) Presents at Morgan Stanley Virtual National Security & Critical Materials Symposium Transcript
MP
Published: November 12, 2025 by: Seeking Alpha
Sentiment: Neutral

MP Materials Corp. ( MP ) Morgan Stanley Virtual National Security & Critical Materials Symposium November 12, 2025 12:00 PM EST Company Participants Ryan Corbett - Chief Financial Officer Conference Call Participants Carlos de Alba - Morgan Stanley, Research Division Stephen Burt Presentation Carlos de Alba Morgan Stanley, Research Division Where you are. It's great to have Ryan Corbett, CFO of MP Materials with us as well as Martin Sheehan to participate in this mining symposium critical minerals and rare earths.

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image for news MP Materials Corp. (MP) Presents at Morgan Stanley Virtual National Security & Critical Materials Symposium Transcript
MP Materials Corp. (MP) Presents at Baird 55th Annual Global Industrial Conference Transcript
MP
Published: November 11, 2025 by: Seeking Alpha
Sentiment: Neutral

MP Materials Corp. ( MP ) Baird 55th Annual Global Industrial Conference November 11, 2025 11:50 AM EST Company Participants Martin Sheehan - Senior Vice President of Investor Relations Conference Call Participants Ben Kallo - Robert W. Baird & Co. Incorporated, Research Division Davis Sunderland - Robert W.

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image for news MP Materials Corp. (MP) Presents at Baird 55th Annual Global Industrial Conference Transcript
MP Stock Gains 13% Post Q3 Earnings Beat: Time to Buy, Sell or Hold?
MP
Published: November 10, 2025 by: Zacks Investment Research
Sentiment: Positive

MP Materials posts record NdPr output and narrower Q3 loss as shares soar 12.8%, but high costs are likely to weigh on full-year results.

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image for news MP Stock Gains 13% Post Q3 Earnings Beat: Time to Buy, Sell or Hold?
Rare Earths Stock Lands Much-Needed Upgrade
MP
Published: November 10, 2025 by: Schaeffers Research
Sentiment: Positive

MP Materials (NYSE:MP) is 7% higher to trade at $62.75 this morning, after the rare earths stock landed an upgrade to "buy" from "hold," as well as a price target hike to $71 from $68 at Deutsche Bank.

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image for news Rare Earths Stock Lands Much-Needed Upgrade
MP Materials CEO warns investors to approach suddenly hot rare earths industry with caution
MP
Published: November 07, 2025 by: CNBC
Sentiment: Neutral

MP Materials CEO James Litinsky cautioned investors to approach other rare earth projects with caution as the market speculates about future government deals. The Defense Department struck a landmark agreement with MP in July that includes an equity stake, price floor, and offtake agreement.

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image for news MP Materials CEO warns investors to approach suddenly hot rare earths industry with caution
Should You Buy, Hold or Sell MP Materials Stock Ahead of Q3 Earnings?
MP
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Neutral

MP's Q3 results are due Nov. 6, with revenues expected to fall 15.56% and earnings seen at a $0.14 loss per share.

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image for news Should You Buy, Hold or Sell MP Materials Stock Ahead of Q3 Earnings?
MP Materials Corp. (MP) Presents at 49th Annual Automotive Symposium Transcript
MP
Published: November 04, 2025 by: Seeking Alpha
Sentiment: Neutral

MP Materials Corp. ( MP ) 49th Annual Automotive Symposium November 4, 2025 11:00 AM EST Company Participants Ryan Corbett - Chief Financial Officer Conference Call Participants Brian Sponheimer - Gabelli Funds, LLC Presentation Brian Sponheimer Gabelli Funds, LLC Terrific. As I mentioned, it's going to be a great day.

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image for news MP Materials Corp. (MP) Presents at 49th Annual Automotive Symposium Transcript
2 Rare Earth Stocks Set to Deliver Earnings Beat in Q3
MP, USAR
Published: October 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Rising demand for rare earths and U.S. supply-chain shifts could help MP Materials and USA Rare Earth outperform this earnings season.

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image for news 2 Rare Earth Stocks Set to Deliver Earnings Beat in Q3
Investors need to know Trump has a plan to strengthen America's rare-earths miners
LAC, MP, USAR, UUUU
Published: October 30, 2025 by: Market Watch
Sentiment: Positive

There's a truce between the U.S. and China when it comes to rare-earths minerals, but America's national security depends on its self-sufficiency.

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image for news Investors need to know Trump has a plan to strengthen America's rare-earths miners
Don't Fear the Dip: Rare Earth Stocks May Rebound Fast
CRML, MP, USAR
Published: October 28, 2025 by: MarketBeat
Sentiment: Neutral

A sea of red has washed over the U.S. rare earth mining sector. Fear has gripped the market as shares of key domestic producers dropped on heavy volume, with MP Materials NYSE: MP falling 7.36%, USA Rare Earth NASDAQ: USAR dropping 8.36%, and Critical Metals Corp. NASDAQ: CRML plunging 13.71% since Friday, Oct. 24, 2025.

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image for news Don't Fear the Dip: Rare Earth Stocks May Rebound Fast
Rare Earth Stocks Pullback on China/U.S. Talks
ALB, LAC, MP, TMQ, USAR, UUUU
Published: October 27, 2025 by: Schwab Network
Sentiment: Neutral

George Tsilis examines the move lower in rare earth stocks like MP Materials (MP), USA Rare Earth (USAR) and Critical Metals (CRML). Over the weekend, Treasury Sec.

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image for news Rare Earth Stocks Pullback on China/U.S. Talks
Markets are soaring today—with this exception. Here's why these stocks are dropping double digits
MP, USAR
Published: October 27, 2025 by: Fast Company
Sentiment: Negative

Rare earth stocks find themselves underground on Monday as Treasury Secretary Scott Bessent said he expects that China and the U.S. will work out a trade deal in the near future.

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image for news Markets are soaring today—with this exception. Here's why these stocks are dropping double digits
MP vs. LYSDY: Which Non-China Rare-Earth Stock Has More Upside?
LYSDY, MP
Published: October 23, 2025 by: Zacks Investment Research
Sentiment: Positive

Lynas shines brighter than MP Materials as rare earth demand surges, backed by a stronger growth outlook and rising investor confidence.

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image for news MP vs. LYSDY: Which Non-China Rare-Earth Stock Has More Upside?
Trump Wants in on Quantum Computing. Will RGTI, QBTS, IONQ, or QUBT Win?
AIG, AMZN, C, GM, INTC, IONQ, JPM, LAC, LMT, MP, MSFT, NVDA, QBTS, QUBT, RGTI
Published: October 23, 2025 by: 24/7 Wall Street
Sentiment: Positive

The Wall Street Journal reports the Trump administration is eyeing stakes in quantum firms.

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image for news Trump Wants in on Quantum Computing. Will RGTI, QBTS, IONQ, or QUBT Win?
MP Materials: Heart Of The Free World's Geopolitical 'Gold' Rush
MP
Published: October 22, 2025 by: Seeking Alpha
Sentiment: Negative

China controls ~90% of rare earth refining, but environmental strain and policy pushback make its price-suppression model geopolitically and economically untenable. Global diversification is inevitable. As America's only integrated mine-to-magnet producer, MP is central to ex-China supply chains, supported by DoD policy, GM/Apple contracts, and guaranteed domestic pricing. Rare earths are foundational to AI, EVs, and defense; MP's valuation reflects strategic utility, not commodity cycles, positioned for decade-long compounding in Western industrial sovereignty.

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image for news MP Materials: Heart Of The Free World's Geopolitical 'Gold' Rush
Picking The Winners Of The U.S. Rare Earth Response
CRML, LAC, LYSCF, LYSDY, MP, REMX, SETM, TMQ, USAR, UURAF
Published: October 21, 2025 by: Seeking Alpha
Sentiment: Positive

Critical minerals and rare earths are in focus as China tightens export controls, creating strategic risks and investment opportunities for Western supply chains. UCore Rare Metals (UURAF), Critical Metals Corp (CRML), USA Rare Earth (USAR), and Lynas Rare Earths (LYSCF) are highlighted as top picks poised to benefit from Western decoupling and potential DoD support. Broad exposure via ETFs like REMX or SETM is recommended for most investors, but selective stock picking in this sector could yield outsized returns.

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image for news Picking The Winners Of The U.S. Rare Earth Response
Defiance Launches MPL: The First 2X Long ETF for MP Materials, Corp.
MP
Published: October 21, 2025 by: GlobeNewsWire
Sentiment: Neutral

MIAMI, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs is proud to announce the launch of the Defiance Daily Target 2X Long MP ETF (Ticker: MPL), expanding its suite of single-stock leveraged ETFs designed for active traders seeking amplified exposure to innovative, high-growth companies. The newest addition, MPL, is designed for traders who seek magnified, short-term bullish exposure to MP Materials Corp. (NYSE: MP), a leading rare earth mining and processing company.

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image for news Defiance Launches MPL: The First 2X Long ETF for MP Materials, Corp.
Ride the Rare Earth Stock's Trade Wave?
CLF, LAC, MP, TMQ, USAR
Published: October 20, 2025 by: Zacks Investment Research
Sentiment: Neutral

The hottest trade of late hasn't been in AI, instead, stocks of companies that are engaged in the production or servicing of rare earth minerals and elements have taken the spotlight.

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image for news Ride the Rare Earth Stock's Trade Wave?

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.