Companies /Basic Materials

MP Materials Corporation

NYSE: MP Other Industrial Metals & Mining
$46.14
▼ $0.01 (−0.01%) today
Markets closed · 5:11pm ET

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MP at a Glance

Valuation
Market cap
$8.2B
Profitability
Revenue (TTM)
$416.2M
Profit margin
-14.6%
EPS (TTM)
$-0.33
Price
52-week range
$38 – $100
Street target
$72.71
Earnings
Next report
Nov 5, 2026
Q2 2026 EPS
$-0.01
vs. $0.00 est.
−170.3%

Headquartered in Las Vegas, NV Fiscal year ends December NYSE: MP mpmaterials.com

About MP Materials

MP Materials Corp. (NYSE: MP) is America's only fully integrated rare earth producer, with capabilities spanning the entire supply chain from mining and processing to advanced metallization and magnet manufacturing. The company operates the Mountain Pass Rare Earth Mine and Processing Facility in California, one of the world's richest rare earth deposits, where it produces refined rare earth products including neodymium-praseodymium (NdPr) oxide and metal, as well as heavy rare earths such as gadolinium. Its Magnetics Segment operates the Independence facility in Fort Worth, Texas, producing magnetic precursor products and, since December 2025, manufacturing neodymium-iron-boron permanent magnets. The company is also building its 10X facility to scale magnet production capacity. MP Materials serves critical sectors including transportation, energy, robotics, defense, and aerospace, and has commercial relationships with major customers including Apple and U.S. aerospace and defense contractors. The company has a strategic partnership with the U.S. Department of War to support domestic rare earth supply chain development. Updated

Revenue by Segment · Q2 2026
  1. NdPr Oxide and Metal87%
  2. Magnetic Precursor Products15%

Latest Activity

Mad Money w/ Jim Cramer 8/14/26

  • Tim Cook, from Harrodsburg, Kentucky: Apple is putting $600 billion to work over four years across 79 US factories
  • Cook credits the Corning glass partnership dating to the first iPhone in 2007 for reviving the town
  • Cramer pushes back that the $2.5 billion Corning commitment is a drop in the bucket
  • Cook argues the reshoring creates a domino effect pulling foreign suppliers onshore

Apple's capital now decides which US manufacturers get scale: Cook has put $600 billion behind the reshoring pledge, with Corning the first proof point. Cramer's challenge is whether that is anywhere near enough for holders of the supplier names.

MP Coverage

Frequently Asked Questions

What does MP Materials do?

MP Materials Corp. (NYSE: MP) is America's only fully integrated rare earth producer, with capabilities spanning the entire supply chain from mining and processing to advanced metallization and magnet manufacturing.

What is the MP stock price target?

The Wall Street consensus 12-month price target for MP is $72.71.