MP Materials (NYSE:MP) Shares Down 5.8% – Time to Sell?

MP Materials Corp. (NYSE:MP) fell 5.8% on Thursday. The company traded as low as $31.90 and last traded at $33.82. 15,601,376 shares were traded during trading, an increase of 145% from the average session volume of 6,364,885 shares. The stock had previously closed at $35.91.

Key Stories Impacting MP Materials

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

• Positive Sentiment: MP reported a surprise adjusted profit of $0.04 per share, versus analysts’ expected loss, while revenue rose 175.7% year over year to $147.66 million—above estimates. MP Materials posts surprise adjusted profit
• Positive Sentiment: Operational progress adds to the earnings beat: NdPr production surged 41%, the company reported a $1.34 billion cash reserve, and it completed GM’s magnet qualification. Commercial deliveries and related revenue are slated to start in Q4. MP Materials Q3 earnings call highlights
• Neutral Sentiment: The next test is execution: GM sales have not yet begun, and the company’s reported net margin remained negative. Investors will look for Q4 deliveries to translate the production and qualification milestones into sustained revenue and profitability. MP Materials reports third-quarter 2026 results

Analysts Set New Price Targets

Several research firms recently issued reports on MP. Weiss Ratings restated a “sell (d-)” rating on shares of MP Materials in a research note on Thursday, October 15th. Zacks Research cut MP Materials from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. Barclays dropped their target price on MP Materials from $69.00 to $65.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Jefferies Financial Group reissued a “buy” rating on shares of MP Materials in a research report on Tuesday, September 8th. Finally, JPMorgan Chase & Co. decreased their price target on shares of MP Materials from $75.00 to $60.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, MP Materials has a consensus rating of “Moderate Buy” and an average price target of $71.92.

MP Materials Trading Up 4.9%

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 firm has a market capitalization of $6.30 billion, a P/E ratio of -160.81 and a beta of 2.05. The firm has a 50 day moving average of $45.65 and a 200-day moving average of $54.44.

MP Materials (NYSE:MP) last released its earnings results on Thursday, November 5th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.06. The firm had revenue of $147.66 million for the quarter, compared to analyst estimates of $117.37 million. MP Materials had a negative net margin of 19.85% and a negative return on equity of 1.21%. The business’s quarterly revenue was up 175.7% compared to the same quarter last year. During the same period last year, the firm earned ($0.10) EPS. On average, equities research analysts predict that MP Materials Corp. will post -0.21 earnings per share for the current fiscal year.

Hedge Funds Weigh In On MP Materials

A number of institutional investors have recently added to or reduced their stakes in MP. Bank of New York Mellon Corp bought a new position in shares of MP Materials in the 2nd quarter valued at $65,230,000. State Street Corp grew its position in MP Materials by 5.1% during the 2nd quarter. State Street Corp now owns 7,773,746 shares of the company’s stock worth $435,408,000 after acquiring an additional 376,519 shares during the last quarter. Amundi increased its holdings in MP Materials by 260.2% in the 1st quarter. Amundi now owns 385,001 shares of the company’s stock worth $18,580,000 after purchasing an additional 278,126 shares in the last quarter. Principal Financial Group Inc. increased its holdings in MP Materials by 32.4% in the 1st quarter. Principal Financial Group Inc. now owns 919,083 shares of the company’s stock worth $44,355,000 after purchasing an additional 225,009 shares in the last quarter. Finally, Teamwork Financial Advisors LLC bought a new position in MP Materials in the second quarter valued at about $10,648,000. 52.55% of the stock is currently owned by institutional investors and hedge funds.

MP Materials Company Profile

MP Materials Corp. is a rare earth materials company focused on restoring and expanding a fully integrated rare earth supply chain in the United States. The company owns and operates the Mountain Pass rare earth mine and processing facility in California, one of the largest rare earth production sites in the Western Hemisphere.

MP Materials primarily produces rare earth concentrate containing neodymium and praseodymium, elements used in high-strength permanent magnets. These magnets are important components in electric vehicles, wind turbines, robotics, defense systems, and other advanced technologies.