MP Materials (NYSE:MP) Shares Down 2.8% – Should You Sell?

Posted by Francis Steltz on May 12th, 2026

MP Materials Corp. (NYSE:MP – Get Free Report) fell 2.8% during trading on Tuesday . The company traded as low as $63.20 and last traded at $65.4890. 5,563,117 shares traded hands during trading, a decline of 21% from the average session volume of 7,026,461 shares. The stock had previously closed at $67.41.

Analyst Ratings Changes

A number of research firms have recently commented on MP. Weiss Ratings reiterated a “sell (d-)” rating on shares of MP Materials in a research note on Tuesday, April 21st. Wall Street Zen raised MP Materials from a “sell” rating to a “hold” rating in a report on Sunday, March 8th. Canaccord Genuity Group set a $82.00 price objective on MP Materials in a report on Friday. Wedbush lifted their price objective on MP Materials from $90.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Morgan Stanley lifted their price objective on MP Materials from $62.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $81.00.

View Our Latest Analysis on MP Materials

MP Materials Trading Down 2.8%

The company has a current ratio of 7.18, a quick ratio of 6.58 and a debt-to-equity ratio of 0.47. The company has a market cap of $11.64 billion, a PE ratio of -155.93 and a beta of 1.90. The firm has a fifty day moving average of $58.70 and a two-hundred day moving average of $59.49.

MP Materials (NYSE:MP – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.04. The business had revenue of $90.65 million during the quarter, compared to analyst estimates of $74.82 million. MP Materials had a negative return on equity of 2.27% and a negative net margin of 28.00%.The company’s quarterly revenue was up 49.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.12) EPS. As a group, sell-side analysts predict that MP Materials Corp. will post 0.1 EPS for the current year.

Insider Transactions at MP Materials

In other MP Materials news, CEO James H. Litinsky sold 259,179 shares of MP Materials stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $64.03, for a total transaction of $16,595,231.37. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ryan Corbett sold 46,000 shares of MP Materials stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $60.00, for a total value of $2,760,000.00. Following the transaction, the chief financial officer directly owned 129,017 shares of the company’s stock, valued at $7,741,020. The trade was a 26.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 366,000 shares of company stock valued at $23,469,816 in the last ninety days. Insiders own 8.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. EMC Capital Management purchased a new position in MP Materials during the 4th quarter valued at about $25,000. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of MP Materials during the fourth quarter worth about $26,000. REAP Financial Group LLC purchased a new position in shares of MP Materials during the fourth quarter worth about $26,000. Los Angeles Capital Management LLC purchased a new position in shares of MP Materials during the fourth quarter worth about $28,000. Finally, Financial Consulate Inc. grew its holdings in shares of MP Materials by 555.3% during the fourth quarter. Financial Consulate Inc. now owns 557 shares of the company’s stock worth $28,000 after purchasing an additional 472 shares in the last quarter. Hedge funds and other institutional investors own 52.55% of the company’s stock.

MP Materials Company Profile

(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.

The Mountain Pass mine first began commercial rare earth production in the 1950s and was later operated by Molycorp until its bankruptcy in 2015.