Analyst Price Target is $47.39
▲ +39.75% 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 $47.39, with a high forecast of $60.00 and a low forecast of $40.00. The average price target represents a 39.75% upside from the last price of $33.91.
Current Consensus is
The current consensus among 6 contributing investment analysts is to buy stock in MP Materials. This Buy consensus rating has held steady for over two years.
MP Materials Corp. owns and operates rare earth mining and processing facilities. It owns and operates the Mountain Pass Rare Earth mine 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 cerium, lanthanum, neodymium, praseodymium, and samarium. The company was founded in 2017 and is headquartered in Las Vegas, Nevada.