MP MaterialsMP
Market Cap: $2.3B
About: MP Materials Corp is the producer of rare earth materials in the Western Hemisphere. The company owns and operates the Mountain Pass Rare Earth Mine and Processing Facility, the only rare earth mining and processing site of scale in North America.
Employees: 681
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
14% more call options, than puts
Call options by funds: $133M | Put options by funds: $117M
13% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 48
4.08% more ownership
Funds ownership: 59.58% [Q1] → 63.66% (+4.08%) [Q2]
2% more funds holding
Funds holding: 374 [Q1] → 380 (+6) [Q2]
5% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 127
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
12% less capital invested
Capital invested by funds: $1.52B [Q1] → $1.34B (-$178M) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Canaccord Genuity George Gianarikas 38% 1-year accuracy 12 / 32 met price target | 37%upside $19 | Buy Maintained | 27 Aug 2024 |
Deutsche Bank Corinne Blanchard 0% 1-year accuracy 0 / 5 met price target | 10%downside $12.50 | Hold Maintained | 6 Aug 2024 |
Benchmark Subash Chandra 26% 1-year accuracy 11 / 42 met price target | 116%upside $30 | Buy Reiterated | 2 Aug 2024 |
JP Morgan Bill Peterson 26% 1-year accuracy 5 / 19 met price target | 8%upside $15 | Neutral Maintained | 23 Jul 2024 |
Baird Ben Kallo 54% 1-year accuracy 15 / 28 met price target | 44%upside $20 | Outperform Maintained | 15 Jul 2024 |
Financial journalist opinion
Based on 6 articles about MP published over the past 30 days