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USBasic Materials

MP Materials Corp (MP)

US · Basic Materials · Other Industrial Metals & Mining

$49.38+0.80%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$108.5M
Revenue YoY
+89.0%
Net profit
$-20.3M
EPS
$-0.05
EPS estimate
$-0.02
Net margin
-18.7%

EPS came in at -0.05 against a street estimate of -0.02 — a miss of 150.0%.

Key statistics

Market cap
$9.00B
Forward P/E
29.2
P/B
4.67
Book value
$10.99
EPS (TTM)
$-0.32
52-week high
$100.25
52-week low
$37.81
50-day MA
$51.31
200-day MA
$57.56
Beta
1.95

Analyst view

Analysts rate MP Materials Corp a buy (7 buy, 2 hold, 0 sell out of 9) with an average price target of $75.38.

From the latest earnings call · 2026-08-06

CONFIDENT MP achieved 41% YoY NdPr production growth to 840 tons, with sales exceeding 1,000 tons for second consecutive quarter. Independence magnet plant progressing toward Q4 commercial production; 10X facility now under vertical construction with Department of War backing. Q2 2026 No geographic segments disclosed. Analysts pressed on gadolinium offtake replicability, domestic talent constraints for scaling, and contract velocity. Management emphasized disciplined deal-making, talent retention through mission and scale, and no urgency given full capacity commitments. 2026-08-06…

Full summary in the app.

Shareholding

Insiders
19.62%
Institutions
77.61%

Largest institutional holders

FundStake
BlackRock Inc8.28%
State Street Corp4.15%
Vanguard Capital Management, LLC3.86%
Vanguard Portfolio Management, LLC3.80%
D. E. Shaw & Co LP3.27%
Morgan Stanley - Brokerage Accounts3.12%
Van Eck Associates Corporation2.58%
Amvescap Plc.2.13%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
MP MATERIALS CORP. - 10-Q SUMMARY (Q2 2026) HEADLINE NUMBERS • Total Assets: $3,726,740 thousand (June 30, 2026) vs. $3,864,160 thousand (Dec 31, 20
2026-08-07
Results announced · Q3 2026
MP MATERIALS Q2 2026 RESULTS SUMMARY HEADLINE NUMBERS • Consolidated revenue: $108.5 million (up 89% year-over-year from $57.4 million) • Price prot
2026-08-06
Shareholder vote results · Q2 2026
MP MATERIALS CORP. – FORM 8-K SUMMARY HEADLINE NUMBERS • Annual Meeting of Stockholders held June 9, 2026 • Two Class III directors elected to serve
2026-06-10
Quarterly report · Q1 2026
MP MATERIALS CORP. – FORM 10-Q Q1 2026 SUMMARY HEADLINE NUMBERS • Revenue: $90.6 million (Q1 2026) vs. $60.8 million (Q1 2025) – 49% increase • Pric
2026-05-08
Results announced · Q2 2026
MP MATERIALS Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Record NdPr (Neodymium-Praseodymium) production of 917 metric tons, up 63% year-over-year •
2026-05-07
Proxy statement · Q4 2025
MP MATERIALS CORP. PROXY STATEMENT SUMMARY CEO COMPENSATION • Named Executive Officer (CEO): James Litinsky, President and Chief Executive Officer •
2026-04-24
Annual report FY2025
MP MATERIALS CORP. – 2025 ANNUAL REPORT SUMMARY HEADLINE NUMBERS • Market capitalization: ~$5.0 billion as of June 30, 2025 • Shares outstanding: 17
2026-02-26
Results announced · Q1 2026
MP MATERIALS CORP. – 4Q 2025 & FY 2025 RESULTS SUMMARY HEADLINE NUMBERS • Q4 2025 Net Income: $9.4 million vs. net loss of $(22.3) million in Q4 202
2026-02-26

Readable in the app.

Deals & corporate news

AnnouncementDate
Joint venture with U.S. Department of War and Maaden for rare earth refinery
MP Materials Corp filed an 8-K on November 19, 2025 announcing a joint venture involving the U.S. Department of War and Saudi Arabia's Maaden to develop a rare earth refinery in Saudi Arabia
2025-11-19

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Data updated 2026-09-18.