MP Materials (NYSE:MP) Trading Up 2.4% – What’s Next?

Posted by Stanley Muller on May 28th, 2026

MP Materials Corp. (NYSE:MP – Get Free Report)’s stock price rose 2.4% during trading on Thursday . The stock traded as high as $68.45 and last traded at $66.7920. Approximately 5,219,654 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 7,052,387 shares. The stock had previously closed at $65.21.

Analysts Set New Price Targets

MP has been the topic of several recent analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of MP Materials in a research note on Tuesday, April 21st. Wall Street Zen upgraded MP Materials from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. TD Securities upgraded MP Materials to a “strong-buy” rating in a research note on Monday, February 9th. DA Davidson reiterated a “buy” rating and issued a $82.00 price target on shares of MP Materials in a research note on Wednesday, May 20th. Finally, Morgan Stanley boosted their price target on MP Materials from $62.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $80.08.

Read Our Latest Research Report on MP Materials

MP Materials Stock Performance

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 stock has a market capitalization of $11.89 billion, a P/E ratio of -159.03 and a beta of 1.90. The company has a fifty day moving average of $59.07 and a two-hundred day moving average of $59.43.

MP Materials (NYSE:MP – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.04. The firm 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%.MP Materials’s quarterly revenue was up 49.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.12) earnings per share. On average, equities analysts anticipate that MP Materials Corp. will post -0.04 EPS for the current year.

Insider Activity

In related news, COO Michael Stuart Rosenthal bought 17,000 shares of the stock in a transaction dated Wednesday, May 20th. The stock was bought at an average cost of $56.62 per share, with a total value of $962,540.00. Following the completion of the acquisition, the chief operating officer owned 1,333,673 shares of the company’s stock, valued at $75,512,565.26. This trade represents a 1.29% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO James H. Litinsky sold 259,179 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $64.03, for a total value of $16,595,231.37. Following the transaction, the chief executive officer directly owned 12,505,965 shares of the company’s stock, valued at $800,756,938.95. This trade represents a 2.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 666,000 shares of company stock valued at $43,103,382. 8.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On MP Materials

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MP. Norges Bank bought a new position in MP Materials in the 4th quarter worth approximately $82,531,000. Reaves W H & Co. Inc. boosted its stake in MP Materials by 168.4% during the 3rd quarter. Reaves W H & Co. Inc. now owns 2,589,908 shares of the company’s stock valued at $173,705,000 after purchasing an additional 1,624,908 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in MP Materials by 76.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,921,542 shares of the company’s stock valued at $97,200,000 after purchasing an additional 1,264,243 shares in the last quarter. Van ECK Associates Corp boosted its stake in MP Materials by 71.6% during the 4th quarter. Van ECK Associates Corp now owns 2,834,914 shares of the company’s stock valued at $143,220,000 after purchasing an additional 1,183,307 shares in the last quarter. Finally, Hancock Prospecting Pty Ltd boosted its stake in MP Materials by 7.2% during the 3rd quarter. Hancock Prospecting Pty Ltd now owns 14,861,212 shares of the company’s stock valued at $996,741,000 after purchasing an additional 1,000,000 shares in the last quarter. 52.55% of the stock is owned by institutional investors.

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.

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