MP Materials (NYSE:MP) Stock Price Up 7.8% – Here’s Why

Posted by Brenda Bartman on Aug 9th, 2026

MP Materials Corp. (NYSE:MP – Get Free Report)’s stock price was up 7.8% during trading on Friday . The company traded as high as $53.47 and last traded at $51.2030. Approximately 12,283,266 shares were traded during mid-day trading, an increase of 85% from the average daily volume of 6,652,247 shares. The stock had previously closed at $47.49.

Key MP Materials News

Here are the key news stories impacting MP Materials this week:

Positive Sentiment: Second-quarter revenue rose 89% year over year to $108.49 million, exceeding the approximately $96.89 million analyst consensus. The company’s adjusted loss of $0.01 per share was in line with the reported consensus and improved substantially from a $0.13 loss a year earlier. MP Materials Reports Second Quarter 2026 Results
Positive Sentiment: Management is targeting more than 1,000 metric tons of NdPr production in the third quarter and commercial magnet shipments in the fourth quarter. The planned expansion into heavy rare earth products, including a reported nine-figure gadolinium agreement, could broaden MP Materials’ customer base and revenue opportunities. MP Q2 Earnings Call Focuses on Magnet Ramp and Rare Earth Expansion
Positive Sentiment: Investors are also focusing on Project Swarm, defense-related partnerships and U.S. efforts to reduce dependence on China for critical minerals. A reported meeting between the U.S. president and mining executives, including MP Materials, reinforces the potential strategic and policy support for domestic rare-earth supply. Trump to Meet Mining Executives
Neutral Sentiment: Unusually active options trading showed call volume about 17% above its average, indicating increased speculative interest but not necessarily a fundamental change in valuation.
Neutral Sentiment: CFO Ryan Corbett is scheduled to speak at Canaccord Genuity’s Growth Conference on August 12, potentially providing updates on production, magnet commercialization and expansion plans. MP Materials to Participate in Canaccord Genuity’s Growth Conference
Negative Sentiment: MP Materials remains unprofitable, with a negative net margin, and its magnet and heavy-rare-earth initiatives still face execution and commercialization risks. The stock also remains well below its 12-month high, leaving investors sensitive to delays or weaker rare-earth pricing.

Analysts Set New Price Targets

Several equities analysts have weighed in on MP shares. Wedbush increased their price objective on MP Materials from $90.00 to $100.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Morgan Stanley upped their price target on MP Materials from $70.00 to $71.50 and gave the company an “overweight” rating in a research report on Wednesday, July 8th. JPMorgan Chase & Co. cut their price target on MP Materials from $75.00 to $60.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. DA Davidson reissued a “buy” rating and issued a $82.00 price objective on shares of MP Materials in a report on Friday, June 5th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of MP Materials in a research note on Friday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $78.21.

Get Our Latest Report on MP Materials

MP Materials Stock Performance

The company has a market capitalization of $9.12 billion, a P/E ratio of -150.59 and a beta of 1.88. 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’s fifty day moving average is $52.76 and its 200 day moving average is $57.53.

MP Materials (NYSE:MP – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). The business had revenue of $108.49 million for the quarter, compared to analysts’ expectations of $96.89 million. MP Materials had a negative net margin of 19.85% and a negative return on equity of 1.21%. The business’s revenue for the quarter was up 89.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.13) EPS. As a group, equities analysts anticipate that MP Materials Corp. will post 0.04 earnings per share for the current year.

Insider Buying and Selling at MP Materials

In related news, CEO James H. Litinsky sold 234,651 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $65.87, for a total transaction of $15,456,461.37. Following the sale, the chief executive officer directly owned 11,855,965 shares in the company, valued at approximately $780,952,414.55. The trade was a 1.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Michael Stuart Rosenthal acquired 17,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were bought at an average cost of $56.62 per share, for a total transaction of $962,540.00. Following the acquisition, the chief operating officer directly owned 1,333,673 shares in the company, valued at $75,512,565.26. This represents a 1.29% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders sold 885,167 shares of company stock valued at $58,661,837. 8.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On MP Materials

A number of institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank bought a new position in shares of MP Materials in the fourth quarter worth $82,531,000. BNP Paribas Financial Markets boosted its stake in MP Materials by 76.3% during the second quarter. BNP Paribas Financial Markets now owns 2,921,542 shares of the company’s stock valued at $97,200,000 after buying an additional 1,264,243 shares during the period. Van ECK Associates Corp boosted its stake in MP Materials by 71.6% during the fourth quarter. Van ECK Associates Corp now owns 2,834,914 shares of the company’s stock valued at $143,220,000 after buying an additional 1,183,307 shares during the period. Bank of New York Mellon Corp purchased a new position in MP Materials during the second quarter worth about $65,230,000. Finally, Hancock Prospecting Pty Ltd grew its position in MP Materials by 7.2% during the third quarter. Hancock Prospecting Pty Ltd now owns 14,861,212 shares of the company’s stock worth $996,741,000 after buying an additional 1,000,000 shares in the last quarter. 52.55% of the stock is owned by hedge funds and other 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.