MP stock icon

MP Materials
MP

$13.91
1.61%

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

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 8 analysts

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

Low target
$12.50
10%
downside
Avg. target
$18.88
36%
upside
High target
$30
116%
upside

8 analyst ratings

positive
50%
neutral
50%
negative
0%
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