MP Materials (NYSE:MP) Stock Price Down 3.4% – Here’s What Happened

Posted by Stanley Muller on Oct 18th, 2026

MP Materials Corp. (NYSE:MP – Get Free Report)’s stock price was down 3.4% on Friday. The stock traded as low as $39.88 and last traded at $40.1810. Approximately 5,593,750 shares changed hands during trading, a decline of 13% from the average daily volume of 6,425,128 shares. The stock had previously closed at $41.61.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on MP. Wall Street Zen lowered shares of MP Materials from a “hold” rating to a “sell” rating in a research report on Sunday, October 11th. Jefferies Financial Group reissued a “buy” rating on shares of MP Materials in a research note on Tuesday, September 8th. Citigroup restated a “positive” rating on shares of MP Materials in a research report on Wednesday, July 15th. Needham & Company LLC lowered their target price on shares of MP Materials from $81.00 to $73.00 and set a “buy” rating on the stock in a research note on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of MP Materials from $70.00 to $61.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $71.92.

Check Out Our Latest Stock Analysis on MP

MP Materials Stock Performance

The company has a quick ratio of 8.56, a current ratio of 9.51 and a debt-to-equity ratio of 0.48. The business has a 50 day moving average price of $51.25 and a two-hundred day moving average price of $54.55. The stock has a market cap of $7.16 billion, a P/E ratio of -118.18 and a beta of 1.98.

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 the consensus estimate of ($0.01). MP Materials had a negative return on equity of 1.21% and a negative net margin of 19.85%. The company had revenue of $108.49 million for the quarter, compared to the consensus estimate of $96.89 million. During the same quarter last year, the company earned ($0.13) EPS. The firm’s quarterly revenue was up 89.0% on a year-over-year basis. On average, sell-side analysts forecast that MP Materials Corp. will post -0.20 earnings per share for the current fiscal year.

Institutional Investors Weigh In On MP Materials

Institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc grew its stake in MP Materials by 17.6% during the third quarter. IFP Advisors Inc now owns 47,842 shares of the company’s stock valued at $2,262,000 after acquiring an additional 7,166 shares in the last quarter. Vontobel Holding Ltd. increased its holdings in MP Materials by 7.6% in the 3rd quarter. Vontobel Holding Ltd. now owns 55,359 shares of the company’s stock valued at $2,618,000 after acquiring an additional 3,930 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in MP Materials by 87.1% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 2,758 shares of the company’s stock worth $127,000 after purchasing an additional 1,284 shares in the last quarter. Annex Advisory Services LLC purchased a new stake in MP Materials in the 3rd quarter worth $267,000. Finally, State of Alaska Department of Revenue lifted its stake in MP Materials by 6.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 14,175 shares of the company’s stock worth $670,000 after purchasing an additional 918 shares in the last quarter. 52.55% of the stock is owned by hedge funds and other institutional investors.

MP Materials Company Profile

(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.