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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
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 (+$466M) [Q3]
4% less call options, than puts
Call options by funds: $189M | Put options by funds: $197M
2.34% less ownership
Funds ownership: 65.41% [Q2] → 63.07% (-2.34%) [Q3]
6% less funds holding
Funds holding: 384 [Q2] → 361 (-23) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 135
34% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 68
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$18
14%
upside
Avg. target
$22
40%
upside
High target
$26
64%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Canaccord Genuity George Gianarikas 52% 1-year accuracy 25 / 48 met price target | 64%upside $26 | Buy Maintained | 27 Nov 2024 |
BMO Capital Greg Jones 0 / 0 met price target | 17%upside $18.50 | Market Perform Maintained | 25 Oct 2024 |
JP Morgan Bill Peterson 38% 1-year accuracy 10 / 26 met price target | 14%upside $18 | Neutral Maintained | 21 Oct 2024 |
DA Davidson Matt Summerville 53% 1-year accuracy 17 / 32 met price target | 45%upside $23 | Buy Maintained | 1 Oct 2024 |
Baird Ben Kallo 53% 1-year accuracy 21 / 40 met price target | 58%upside $25 | Outperform Maintained | 27 Sept 2024 |
Financial journalist opinion
Based on 6 articles about MP published over the past 30 days
Neutral
Seeking Alpha
1 week ago
MP Materials Corp. (MP) Jefferies Battery Storage & Materials Virtual Conference (Transcript)
MP Materials Corp. (NYSE:MP ) Jeffries Battery Storage & Materials Virtual Conference December 13, 2024 2:20 PM ET Company Participants Ryan Corbett - CFO Conference Call Participants Lawrence Alexander - Jefferies Lawrence Alexander Hi there. So, thank you.
Neutral
Business Wire
1 week ago
MP Materials Announces Exchanges of a Portion of its 0.25% Green Convertible Senior Notes due 2026, Representing a Net Reduction of $25 Million of Outstanding Indebtedness
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) (“MP Materials” or the “Company”) today announced that on December 9, 2024, it entered into separate, privately negotiated exchange agreements (the “Exchange Agreements”) with a limited number of holders of its 0.25% green convertible senior notes due 2026 (the “2026 Convertible Notes”). Pursuant to the Exchange Agreements, the Company will exchange approximately $131.6 million aggregate principal amount of the 2026 Convertible Notes for.
Neutral
Business Wire
2 weeks ago
MP Materials to Participate in the Jefferies 2024 Battery Storage & Materials Virtual Conference
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the Jefferies 2024 Battery Storage & Materials Conference on Friday, December 13, 2024, at 2:20 p.m. Eastern Time. Live webcasts and replays will be available at https://investors.mpmaterials.com/. About MP Materials MP Materials (NYSE: MP) produces specialty materials that are vital inputs for electrification and other advanced technologies. MP's Mountai.
Positive
Seeking Alpha
2 weeks ago
MP Materials: Mission Critical And Ready To Double
MP Materials plays a pivotal role in rare earths, vital for EVs and AI. It's expanding production and refining, ensuring U.S. independence from China's dominance. Geopolitical shifts, including U.S.-China tensions, boost MP's relevance. Strong finances and buybacks enhance its long-term value despite cyclical headwinds. While near-term profitability is challenged, MP's growth trajectory and strategic importance make it a strong buy for investors comfortable with its volatility.
Positive
The Motley Fool
2 weeks ago
Why MP Materials Stock Popped 11% Today
Shares of MP Materials (MP 11.10%), a miner of rare earth metals, shot up 11% through 10:15 a.m. ET Tuesday morning after China announced restrictions on exports to the U.S. of certain products containing gallium, germanium, antimony, and "superhard materials," according to a Reuters report.
Positive
Investors Business Daily
2 weeks ago
MP Materials Stock Rockets As China Fires Back With Export Controls
MP Materials stock is rising as it makes progress in providing a supply of rare earth materials to U.S. customers that's safe from Chinese export controls. The post MP Materials Stock Rockets As China Fires Back With Export Controls appeared first on Investor's Business Daily.
Neutral
Seeking Alpha
1 month ago
MP Materials Corp. (MP) Baird 2024 Global Industrials Conference Transcript
MP Materials Corp. (NYSE:MP ) Baird 2024 Global Industrials Conference November 13, 2024 11:15 AM ET Company Participants Ryan Corbett - Chief Financial Officer Conference Call Participants Ben Kallo - Baird Ben Kallo Thank you. Good day everyone.
Positive
Seeking Alpha
1 month ago
MP Materials: Everything Is Going According To The Plan
MP Material is the only fully vertically integrating Rare Earth mining company in the Western Hemisphere. It is finishing its complete transformation from the upstream (mining) and midstream (refining) to the downstream (production of magnets). FY25 should see a margin expansion as production yields are ramping up and magnets start to be sold by year-end.
Neutral
Seeking Alpha
1 month ago
MP Materials Corp. (MP) Q3 2024 Earnings Call Transcript
MP Materials Corp. (MP) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
MP Materials Corp. (MP) Reports Q3 Loss, Tops Revenue Estimates
MP Materials Corp. (MP) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.04 per share a year ago.
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