MP Materials (NYSE:MP) CFO Ryan Corbett Sells 20,000 Shares

MP Materials Corp. (NYSE:MP) CFO Ryan Corbett sold 20,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $75.00, for a total value of $1,500,000.00. Following the completion of the sale, the chief financial officer directly owned 109,017 shares in the company, valued at $8,176,275. This trade represents a 15.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ryan Corbett also recently made the following trade(s):

• On Tuesday, March 17th, Ryan Corbett sold 46,000 shares of MP Materials stock. The shares were sold at an average price of $60.00, for a total value of $2,760,000.00.

MP Materials Price Performance

NYSE:MP traded down $1.52 during trading hours on Friday, hitting $67.61. The company’s stock had a trading volume of 11,587,580 shares, compared to its average volume of 5,974,813. The stock has a fifty day simple moving average of $58.37 and a 200-day simple moving average of $59.65. The company has a market capitalization of $12.01 billion, a P/E ratio of -160.97 and a beta of 1.90. The company has a debt-to-equity ratio of 0.47, a current ratio of 7.24 and a quick ratio of 6.67. MP Materials Corp. has a twelve month low of $18.64 and a twelve month high of $100.25.

MP Materials (NYSE:MP) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.04. The business had revenue of $90.65 million for the quarter, compared to analyst estimates of $74.82 million. MP Materials had a negative return on equity of 2.37% and a negative net margin of 28.00%.MP Materials’s revenue was up 49.1% compared to the same quarter last year. During the same period last year, the firm posted ($0.12) earnings per share. On average, analysts anticipate that MP Materials Corp. will post 0.1 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MP. William Blair reissued an “outperform” rating on shares of MP Materials in a research note on Wednesday, March 4th. Wall Street Zen raised MP Materials from a “sell” rating to a “hold” rating in a research note on Sunday, March 8th. Canaccord Genuity Group set a $82.00 price target on MP Materials in a research note on Friday. Morgan Stanley cut their price target on MP Materials from $71.00 to $62.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Finally, DA Davidson reissued a “buy” rating and set a $82.00 price target on shares of MP Materials in a research note on Wednesday, March 11th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $80.33.

Key Stories Impacting MP Materials

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

• Positive Sentiment: MP Materials reported first-quarter EPS of $0.03, beating the loss estimate, while revenue of $90.65 million also topped expectations and rose 49.1% year over year. MP Materials Reports First Quarter 2026 Results
• Positive Sentiment: The company said it delivered record NdPr production and sales, advanced growth projects at Independence and 10X, and maintained its $500 million to $600 million capex plan while targeting a 500-tons-per-month NdPr run rate by the end of 2026. MP Materials Reports First Quarter 2026 Results
• Positive Sentiment: Analysts turned more constructive after the release, with Wedbush raising its price target to $100 from $90 and keeping an outperform rating. Benzinga
• Positive Sentiment: Investor sentiment was also helped by commentary from CEO James Litinsky that geopolitical tensions could accelerate demand for rare earth magnets, reinforcing MP’s strategic importance. Iran war points to ‘huge demand accelerant for rare earth magnetics,’ MP Materials CEO says
• Neutral Sentiment: Media coverage and earnings-call recaps are keeping MP Materials in focus, but they largely reiterate the same story: improving production, stronger sales, and a big long-term domestic rare-earth opportunity. MP Materials Corp. (MP) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Despite the beat, the stock pulled back as investors focused on rising costs, weak momentum, and a premium valuation, suggesting the quarter was good but not enough to eliminate execution concerns. MP Dips 5% Despite Q1 Earnings Beat: How to Play the Stock?

Institutional Trading of MP Materials

A number of hedge funds have recently made changes to their positions in the company. Hancock Prospecting Pty Ltd increased its holdings in MP Materials by 7.2% in the third quarter. Hancock Prospecting Pty Ltd now owns 14,861,212 shares of the company’s stock worth $996,741,000 after purchasing an additional 1,000,000 shares in the last quarter. Vanguard Group Inc. increased its holdings in MP Materials by 3.3% in the fourth quarter. Vanguard Group Inc. now owns 14,479,787 shares of the company’s stock worth $731,519,000 after purchasing an additional 459,213 shares in the last quarter. State Street Corp increased its holdings in MP Materials by 13.2% in the fourth quarter. State Street Corp now owns 6,597,885 shares of the company’s stock worth $333,325,000 after purchasing an additional 769,517 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in MP Materials by 76.3% in the second quarter. BNP Paribas Financial Markets now owns 2,921,542 shares of the company’s stock worth $97,200,000 after purchasing an additional 1,264,243 shares in the last quarter. Finally, Van ECK Associates Corp increased its holdings in MP Materials by 71.6% in the fourth quarter. Van ECK Associates Corp now owns 2,834,914 shares of the company’s stock worth $143,220,000 after purchasing an additional 1,183,307 shares in the last quarter. 52.55% of the stock is owned by institutional investors and hedge funds.

About MP Materials

MP Materials Corporation operates as a vertically integrated producer of rare earth materials in North America. The company owns and manages the Mountain Pass Rare Earth Mine and Processing Facility in California, the only commercially viable rare earth mining and processing site in the United States. MP Materials extracts, separates and refines critical rare earth elements—such as neodymium, praseodymium, and cerium—which are essential inputs for permanent magnets used in electric vehicles, wind turbines, and various defense applications.

The Mountain Pass mine first began commercial rare earth production in the 1950s and was later operated by Molycorp until its bankruptcy in 2015.