MP Materials (NYSE:MP) Stock Price Up 2.5% – Time to Buy?

02 Jul 2026, 17:41 by Doug Wharley · The Cerbat Gem

MP Materials Corp. (NYSE:MP – Get Free Report)’s share price rose 2.5% during mid-day trading on Tuesday . The company traded as high as $56.25 and last traded at $56.1150. Approximately 3,294,880 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 6,791,949 shares. The stock had previously closed at $54.74.

Analysts Set New Price Targets

Several equities analysts have recently commented on MP shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MP Materials in a research note on Tuesday, April 21st. DA Davidson reissued a “buy” rating and set a $82.00 price objective on shares of MP Materials in a research report on Friday, June 5th. Barclays assumed coverage on shares of MP Materials in a report on Thursday, May 21st. They issued an “overweight” rating and a $69.00 price objective for the company. Wedbush lifted their target price on shares of MP Materials from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, Canaccord Genuity Group set a $82.00 price target on shares of MP Materials in a research report on Friday, May 8th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $80.14.

View Our Latest Research Report on MP Materials

MP Materials Stock Performance

The company has a 50 day moving average of $61.89 and a two-hundred day moving average of $59.44. The company has a debt-to-equity ratio of 0.47, a current ratio of 7.18 and a quick ratio of 6.58. The company has a market capitalization of $9.48 billion, a PE ratio of -126.84 and a beta of 1.86.

MP Materials (NYSE:MP – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.04. MP Materials had a negative return on equity of 2.27% and a negative net margin of 28.00%.The business had revenue of $90.65 million during the quarter, compared to analyst estimates of $74.82 million. During the same quarter last year, the firm posted ($0.12) earnings per share. The company’s revenue for the quarter was up 49.1% on a year-over-year basis. As a group, equities research analysts predict that MP Materials Corp. will post -0.04 earnings per share for the current year.

Insider Activity at MP Materials

In related news, CEO James H. Litinsky sold 259,179 shares of the business’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $64.03, for a total transaction of $16,595,231.37. Following the sale, the chief executive officer owned 12,505,965 shares of the company’s stock, valued at $800,756,938.95. The trade was a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Michael Stuart Rosenthal acquired 17,000 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of $56.62 per share, for a total transaction of $962,540.00. Following the acquisition, the chief operating officer owned 1,333,673 shares of the company’s stock, valued at approximately $75,512,565.26. This trade represents a 1.29% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 1,205,167 shares of company stock valued at $79,371,654 in the last three months. Company insiders own 8.20% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in MP Materials in the fourth quarter worth $82,531,000. BNP Paribas Financial Markets raised its position in shares of MP Materials by 76.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,921,542 shares of the company’s stock worth $97,200,000 after purchasing an additional 1,264,243 shares during the last quarter. Van ECK Associates Corp raised its position in shares of MP Materials by 71.6% in the 4th quarter. Van ECK Associates Corp now owns 2,834,914 shares of the company’s stock worth $143,220,000 after purchasing an additional 1,183,307 shares during the last quarter. Hancock Prospecting Pty Ltd boosted its stake in MP Materials by 7.2% in the 3rd quarter. Hancock Prospecting Pty Ltd now owns 14,861,212 shares of the company’s stock worth $996,741,000 after purchasing an additional 1,000,000 shares in the last quarter. Finally, Amundi boosted its stake in MP Materials by 1,320.8% in the 3rd quarter. Amundi now owns 954,317 shares of the company’s stock worth $70,934,000 after purchasing an additional 887,148 shares in the last quarter. Hedge funds and other institutional investors own 52.55% of the company’s stock.

About MP Materials

(Get Free Report)

MP Materials Corporation operates as a vertically integrated producer of rare earth materials in North America. The company owns and manages the Mountain Pass Rare Earth Mine and Processing Facility in California, the only commercially viable rare earth mining and processing site in the United States. MP Materials extracts, separates and refines critical rare earth elements—such as neodymium, praseodymium, and cerium—which are essential inputs for permanent magnets used in electric vehicles, wind turbines, and various defense applications.