MP
NYSE
Rare Earth

MP Materials Corp.

Listed on New York Stock Exchange (NYSE)

MP Materials is the largest producer of rare earth materials in the Western Hemisphere, owning and operating the Mountain Pass mine in California. It focuses on producing neodymium-praseodymium (NdPr) used in high-strength permanent magnets for EVs and wind turbines.

Company site
Market Cap$9.29B
Enterprise Value$8.60B
Cash$1.74B
Debt$1.05B
Listed OnNew York Stock Exchange (NYSE)
Shares Outstanding178.02M
Reporting DateJul 31, 2026
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Latest Coverage

Oct 9, 2026

MP Materials Rebuilds U.S. Rare-Earth Supply Chain as China’s Lead Endures

GM’s October 2026 update says MP Materials is producing automotive magnets in Texas while GM validates them in Michigan. MP’s latest quarterly results show higher NdPr volumes, alongside continued losses and price-protection income. New drone-sector reservations broaden the opportunity, but manufacturing scale and dependable economics remain the test.

Oct 9, 2026

MP Materials NdPr Sales Jump 127% as Price Support Bolsters EBITDA

MP Materials increased second-quarter NdPr sales 127% and revenue 89% to $108.5 million, while reporting $28.5 million in adjusted EBITDA and a $20.3 million GAAP net loss. The adjusted profit measure benefited from $17.6 million in price-protection income, making the durability of operating margins a central question.

Jun 30, 2026

MP Materials Turns the Rare Earth Price Floor Into a Strategic Asset

MP Materials is becoming a test case for U.S. rare earth industrial policy as the Pentagon’s equity stake, NdPr price floor and magnet offtake support try to turn Mountain Pass into a mine-to-magnet platform.

May 19, 2026

MP Materials: Q1 Strength, Volatility, And Policy Tailwinds Drive Trading

MP Materials’ recent price action reflects a mix of strong Q1 results, insider selling, shifting analyst targets, and macro rare-earth policy headlines. Shares have rallied on record production, government backing, and magnet growth prospects, but remain volatile amid profit taking and sector-wide swings tied to China and U.S. industrial policy.

May 12, 2026

MP Materials Powers Ahead with Record Q1 Results Amid Volatility

MP Materials posted stellar Q1 2026 earnings with 49% revenue growth and record NdPr output, but shares dipped post-earnings. Analysts lift targets while trade tensions boost sentiment. [1][2]

May 5, 2026

MP Materials Surges on Record Output and Defense Deals

MP Materials (MP) stock rallies amid record NdPr production, major U.S. DoD partnerships, and strong analyst buy ratings, though high short interest tempers sentiment. Trading activity spikes with elevated volumes.

Apr 28, 2026

MP Materials Surges on Magnet Expansion and Analyst Optimism

MP Materials (MP) stock has rallied 27% in April 2026, fueled by operational milestones, bullish analyst coverage, and high options activity, despite CEO share sales and mixed ratings. Trading shows momentum with elevated volume.

Apr 21, 2026

MP Materials Stock Surges on Analyst Optimism Amid Insider Sales

MP Materials (MP) shares rallied significantly in April 2026, driven by Wedbush's Outperform rating and $90 target, boosting trading activity despite CEO insider selling. Market sentiment leans bullish with multiple Buy ratings, though valuation concerns linger. Recent price gains reflect rare earth sector momentum.