MP Materials (NYSE:MP) Stock Price Down 5.2% – Here’s What Happened

MP Materials Corp. (NYSE:MP) traded down 5.2% during trading on Friday. The company traded as low as $38.49 and last traded at $39.46. 5,293,274 shares were traded during mid-day trading, a decline of 16% from the average session volume of 6,337,359 shares. The stock had previously closed at $41.64.

More MP Materials News

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

• Positive Sentiment: MP’s long-term outlook continues to benefit from its Pentagon agreement, which includes a 10-year price floor for neodymium-praseodymium products, financing and purchase commitments connected to expanding U.S. magnet production. The support could improve revenue visibility and reduce commodity-price risk. Should You Buy MP Materials Stock at $38?
• Neutral Sentiment: InvestorPlace highlighted MP as a government-backed “Trump stock,” but cautioned that federal support for production economics is not a floor under the stock price. Investors may therefore be reassessing how much of the government-policy premium is already reflected in MP’s valuation, particularly ahead of the November midterm elections. Do This Before You Buy Another Trump Stock
• Negative Sentiment: MP Materials fell alongside other rare-earth shares as traders adopted a risk-off stance. The selloff was part of broader weakness in the group, rather than a company-specific announcement, but it underscores the sector’s high volatility. Rare-Earth Stocks Slide
• Negative Sentiment: Analysts expect another negative earnings report next week, and Zacks says MP does not currently show the combination of earnings and estimate-revision trends typically associated with a likely earnings beat. With the company still unprofitable, earnings uncertainty is adding to selling pressure. MP Materials May Report Negative Earnings

Wall Street Analyst Weigh In

MP has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their target price on shares of MP Materials from $75.00 to $60.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. DA Davidson reaffirmed a “buy” rating and set a $82.00 price objective on shares of MP Materials in a research note on Monday, August 24th. Wall Street Zen cut MP Materials from a “hold” rating to a “sell” rating in a research report on Sunday, October 11th. Barclays decreased their price objective on MP Materials from $69.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of MP Materials in a research note on Tuesday, September 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, MP Materials currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.92.

MP Materials Trading Down 5.2%

The firm has a market capitalization of $7.03 billion, a PE ratio of -116.06 and a beta of 1.98. The business has a 50 day moving average price of $48.26 and a 200-day moving average price of $55.35. The company has a current ratio of 9.51, a quick ratio of 8.56 and a debt-to-equity ratio of 0.48.

MP Materials (NYSE:MP) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). MP Materials had a negative return on equity of 1.21% and a negative net margin of 19.85%. The firm had revenue of $108.49 million for the quarter, compared to the consensus estimate of $96.89 million. During the same period in the previous year, the business earned ($0.13) earnings per share. The company’s revenue for the quarter was up 89.0% compared to the same quarter last year. Analysts expect that MP Materials Corp. will post -0.20 earnings per share for the current year.

Hedge Funds Weigh In On MP Materials

A number of large investors have recently made changes to their positions in the stock. Putney Financial Group LLC grew its position in MP Materials by 4.4% during the third quarter. Putney Financial Group LLC now owns 6,123 shares of the company’s stock worth $290,000 after buying an additional 257 shares during the period. Integrity Alliance LLC. lifted its position in shares of MP Materials by 5.8% during the 3rd quarter. Integrity Alliance LLC. now owns 11,949 shares of the company’s stock valued at $565,000 after acquiring an additional 659 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in shares of MP Materials by 10.7% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 31,000 shares of the company’s stock worth $1,466,000 after acquiring an additional 3,000 shares in the last quarter. BOCHK Asset Management Ltd purchased a new stake in shares of MP Materials during the 3rd quarter worth approximately $2,554,000. Finally, Sicart Associates LLC boosted its stake in shares of MP Materials by 15.6% during the 3rd quarter. Sicart Associates LLC now owns 321,328 shares of the company’s stock worth $15,196,000 after acquiring an additional 43,445 shares in the last quarter. Hedge funds and other institutional investors own 52.55% of the company’s stock.

About MP Materials

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.