MP Materials
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 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]
34% more capital invested
Capital invested by funds: $1.38B [Q2] → $1.84B (+$465M) [Q3]
4% less call options, than puts
Call options by funds: $189M | Put options by funds: $197M
10% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 133
2.35% less ownership
Funds ownership: 65.39% [Q2] → 63.04% (-2.35%) [Q3]
6% less funds holding
Funds holding: 382 [Q2] → 358 (-24) [Q3]
34% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 70
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
BMO Capital Greg Jones 0 / 0 met price target | 1%upside $18.50 | Market Perform Maintained | 25 Oct 2024 |
JP Morgan Bill Peterson 38% 1-year accuracy 10 / 26 met price target | 2%downside $18 | Neutral Maintained | 21 Oct 2024 |
DA Davidson Matt Summerville 60% 1-year accuracy 18 / 30 met price target | 26%upside $23 | Buy Maintained | 1 Oct 2024 |
BMO Capital Greg Jones 0 / 0 met price target | 12%downside $16 | Market Perform Maintained | 30 Sept 2024 |
Baird Ben Kallo 58% 1-year accuracy 21 / 36 met price target | 37%upside $25 | Outperform Maintained | 27 Sept 2024 |
Financial journalist opinion
Based on 9 articles about MP published over the past 30 days
