NYSE · MP
MP Materials Corp.
Basic Materials · Industrial Materials
$49.30▲ 0.84% ($0.41)at close
Pre-market$49.88▲ 1.18%8:05 AM ET
Market cap
$8.78B
P/E
-144.24
EPS (TTM)
-$0.34
Next earnings
Nov 5, 2026
Valuation
Revenue & margin DCF
A cash-flow estimate wouldn't be reliable here
Every projected year produces negative free cash flow, so the model returns a negative enterprise value. A discounted-cash-flow valuation cannot be defended on those inputs, so it is not shown.
- 10-yr revenue CAGR
- 12.8%
- Ending operating margin
- 0.0%
- Discount rate
- 14.6%
USD · TTM ending Jun 30, 2026 · Price used $49.30 · Price Sep 24, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 30.79% over the last year. Revenue grew 26.13% over the trailing twelve months. Operating margin moved from -66.98% to -33.1%. Free cash flow declined 164.47% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/E range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently -33.1%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Return analysis
Company profile
MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
13
Buy
1
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 5, 2026
Q4 FY26 · EPS est -$0.01 · Revenue est $117.52M
View
Institutional Sentiment
MP Materials Corp. · MP
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.