MP Materials (NYSE:MP) Shares Down 1.9% – Time to Sell?

Posted by Geri Gentry on Oct 13th, 2026

MP Materials Corp. (NYSE:MP – Get Free Report)’s share price traded down 1.9% on Tuesday. The company traded as low as $41.94 and last traded at $42.5210. Approximately 5,051,109 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 6,409,785 shares. The stock had previously closed at $43.36.

Wall Street Analyst Weigh In

Several research firms have issued reports on MP. Weiss Ratings restated a “sell (d-)” rating on shares of MP Materials in a research report on Friday, July 17th. Barclays reduced their target price on shares of MP Materials from $69.00 to $65.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. JPMorgan Chase & Co. decreased their target price on MP Materials from $75.00 to $60.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Citigroup restated a “positive” rating on shares of MP Materials in a research note on Wednesday, July 15th. Finally, Zacks Research downgraded MP Materials from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, MP Materials presently has a consensus rating of “Moderate Buy” and an average target price of $75.00.

View Our Latest Report on MP Materials

MP Materials Price Performance

The stock has a market cap of $7.57 billion, a P/E ratio of -125.06 and a beta of 1.98. The company has a current ratio of 9.51, a quick ratio of 8.56 and a debt-to-equity ratio of 0.48. The company’s fifty day simple moving average is $51.85 and its 200-day simple moving average is $54.89.

MP Materials (NYSE:MP – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). MP Materials had a negative net margin of 19.85% and a negative return on equity of 1.21%. The company had revenue of $108.49 million during the quarter, compared to the consensus estimate of $96.89 million. During the same period last year, the firm earned ($0.13) EPS. The firm’s revenue for the quarter was up 89.0% compared to the same quarter last year. As a group, sell-side analysts forecast that MP Materials Corp. will post -0.18 EPS for the current year.

Hedge Funds Weigh In On MP Materials

Hedge funds and other institutional investors have recently modified their holdings of the stock. Gallagher Capital Advisors LLC bought a new stake in MP Materials in the third quarter valued at $481,000. Wedmont Private Capital lifted its holdings in shares of MP Materials by 2.0% during the third quarter. Wedmont Private Capital now owns 11,866 shares of the company’s stock valued at $547,000 after acquiring an additional 234 shares during the period. GAMMA Investing LLC lifted its holdings in shares of MP Materials by 24.8% during the third quarter. GAMMA Investing LLC now owns 7,596 shares of the company’s stock valued at $359,000 after acquiring an additional 1,508 shares during the period. Overbrook Management Corp acquired a new stake in shares of MP Materials in the 3rd quarter valued at $4,449,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of MP Materials by 40.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 17,431 shares of the company’s stock valued at $824,000 after purchasing an additional 5,046 shares in the last quarter. Institutional investors own 52.55% of the company’s stock.

About MP Materials

(Get Free Report)

MP Materials Corp. is a rare earth materials company that owns and operates the Mountain Pass Rare Earth Mine and processing facility in California. The site produces rare earth concentrate, with a focus on neodymium-praseodymium (NdPr), materials used in high-strength permanent magnets.

The company is expanding its operations beyond mining and concentrate production by developing domestic capabilities to separate rare earth elements and manufacture neodymium-iron-boron (NdFeB) magnets.