NYSE:MP - MP Materials Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $38.50
Forecasted Upside: 19.49 %
Number of Analysts: 6
Breakdown:
0 Sell Ratings
2 Hold Ratings
4 Buy Ratings
0 Strong Buy Ratings

^$32.22 As of 06/22/2021 01:00 AM ET

▲ +0.66 (2.09%)

1 month | 3 months | 12 months

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Analyst Price Target for MP

^$38.50

▲ +19.49% Upside Potential

This price target is based on 6 analysts offering 12 month price targets for MP Materials in the last 3 months. The average price target is $38.50, with a high forecast of $50.00 and a low forecast of $25.00. The average price target represents a 19.49% upside from the last price of $32.22.

Current Consensus is Buy

The current consensus among 6 contributing investment analysts is to buy stock in MP Materials.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

12/30/2019

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

3/29/2020

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

6/27/2020

0 strong buy ratings
0 buy ratings
0 hold ratings
0 sell ratings

Ratings as of

9/25/2020

0 strong buy ratings
1 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

12/24/2020

0 strong buy ratings
3 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

3/24/2021

0 strong buy ratings
3 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

5/23/2021

0 strong buy ratings
4 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

6/22/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
6/16/2021	JPMorgan Chase & Co.	Initiated Coverage	Overweight	$41.00	Medium
5/19/2021	Morgan Stanley	Lower Price Target	Overweight	$41.00 ➝ $40.00	Low
4/19/2021	Morgan Stanley	Lower Price Target	Overweight	$57.00 ➝ $41.00	Medium
4/1/2021	Bank of America	Initiated Coverage	Neutral	$38.00	Medium
3/15/2021	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Buy ➝ Hold	$37.00	N/A
3/10/2021	Cowen	Initiated Coverage	Outperform	$50.00	Medium
3/9/2021	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$37.00	Low
3/8/2021	Morgan Stanley	Initiated Coverage	Overweight	$57.00	N/A
3/1/2021	Morgan Stanley	Initiated Coverage	Overweight	$57.00	High
12/3/2020	Northland Securities	Initiated Coverage	Outperform	$25.00	High
12/1/2020	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy	$25.00	High

(Data available from 6/23/2016 forward)

MP Materials Corp. engages in the ownership and operation of integrated rare earth mining and processing facilities. It owns and operates the Mountain Pass facility located in the Western Hemisphere. The company holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. It offers neodymium and praseodymium that are rare earth elements, which in combination form neodymium-praseodymium. The company was incorporated in 2017 and is headquartered in Las Vegas, Nevada.

Today's Range

Now: $32.22

$31.12

$32.41

50 Day Range

MA: $29.89

$24.61

$35.94

52 Week Range

Now: $32.22

$9.78

$51.77

Volume

2,244,121 shs

Average Volume

4,996,917 shs

Market Capitalization

$5.50 billion

P/E Ratio

146.45

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of MP Materials?

The following equities research analysts have issued reports on MP Materials in the last twelve months: Bank of America Co., Cowen Inc, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, Northland Securities, and Zacks Investment Research.
View the latest analyst ratings for MP.

What is the current price target for MP Materials?

6 Wall Street analysts have set twelve-month price targets for MP Materials in the last year. Their average twelve-month price target is $38.50, suggesting a possible upside of 19.4%. Cowen Inc has the highest price target set, predicting MP will reach $50.00 in the next twelve months. Northland Securities has the lowest price target set, forecasting a price of $25.00 for MP Materials in the next year.
View the latest price targets for MP.

What is the current consensus analyst rating for MP Materials?

MP Materials currently has 2 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MP will outperform the market and that investors should add to their positions of MP Materials.
View the latest ratings for MP.

What other companies compete with MP Materials?

Other companies that are similar to MP Materials include First Quantum Minerals, Impala Platinum, Cleveland-Cliffs, South32, Lundin Mining, Turquoise Hill Resources, Exxaro Resources, Compañía de Minas Buenaventura S.A.A., Pretium Resources, Centamin, Lithium Americas, Hudbay Minerals, New Gold, Nexa Resources and Ferroglobe.

How do I contact MP Materials' investor relations team?

MP Materials' physical mailing address is 1345 AVENUE OF THE AMERICAS, NEW YORK NY, 10105. The company's listed phone number is 702 844 6111 and its investor relations email address is [email protected] The official website for MP Materials is mpmaterials.com.