NYSE: MP
MP Materials Corp.
Basic Materials · Industrial Materials
After hours: $54.25(-0.75%) · as of 7:59 PM ET
Market Cap
$9.73B
52w High
$100.25
52w Low
$37.81
P/E
-159.92
Volume
10.58M
Outstanding Shares
178.02M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 24.8% 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.
Company profile
MP Materials Corp. manages and operates facilities dedicated to the extraction and refinement of rare earth elements.
Valuation
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 $0.02 · Revenue est $119.21M
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