MP Materials Corp. (MP) Stock Price, Quote & News - Stock Analysis (2024)

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MP Materials Corp. (MP) Stock Price, Quote & News - Stock Analysis? ›

The highest analyst price target is $28.00 ,the lowest forecast is $15.00. The average price target represents 32.04% Increase from the current price of $16.45. MP Materials's analyst rating consensus is a Strong Buy. This is based on the ratings of 9 Wall Streets Analysts.

The highest analyst price target is $28.00 ,the lowest forecast is $15.00. The average price target represents 32.04% Increase from the current price of $16.45. MP Materials's analyst rating consensus is a Strong Buy. This is based on the ratings of 9 Wall Streets Analysts.

What are analysts forecasts for MP Materials stock? The 22 analysts offering price forecasts for MP Materials have a median target of 33.41, with a high estimate of 60.00 and a low estimate of 15.00. The median estimate represents a 49.24 difference from the last price of 16.45.

According to analysts, MP price target is 21.28 USD with a max estimate of 28.00 USD and a min estimate of 15.00 USD.

The MP Materials stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average.

MP Materials has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

MP Materials (MP) does not pay a dividend.

Revenue: MP Materials Corp reported a 52% year-over-year decline in revenue for the full year 2023. Net Income: Net income for the year decreased by 92% compared to 2022.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, XME - SPDR(R) S&P(R) Metals & Mining ETF, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, IJH - iShares Core S&P Mid-Cap ETF, QVT Financial LP, NAESX - Vanguard Small-Cap Index Fund Investor Shares, Van Eck Associates ...

Why are MP Materials down? ›

MP said the drop was due in part to lower production at the California mine, partly due to problems at the facility's power plant. MP has been working to refine its own rare earths for some time.

In 2030, the Fortress Value Acquisition stock will reach $ 113.32 if it maintains its current 10-year average growth rate. If this Fortress Value Acquisition stock prediction for 2030 materializes, MP stock will grow 606.50% from its current price.

Are Price Targets Accurate? Despite the best efforts of analysts, a price target is a guess with the variance in analyst projections linked to their estimates of future performance. Studies have found that, historically, the overall accuracy rate is around 30% for price targets with 12-18 month horizons.

According to analysts, OPEN price target is 2.97 USD with a max estimate of 4.50 USD and a min estimate of 1.00 USD.

Target Stock Price Forecast 2024-2025

The forecasted Target price at the end of 2024 is $203 - and the year to year change +43%. The rise from today to year-end: +24%. In the middle of 2024, we expect to see $186.

According to our current FSLY stock forecast, the value of Fastly shares will rise by 3.02% and reach $ 13.31 per share by May 4, 2024.

Alpha Metallurgical Resources has 8.75% upside potential, based on the analysts' average price target. Alpha Metallurgical Resources has a conensus rating of Moderate Buy which is based on 1 buy ratings, 1 hold ratings and 0 sell ratings.

As of 2024-04-18, the Fair Value of Mp Materials Corp (MP) is 3.4 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 16.78 USD, the upside of Mp Materials Corp is -79.7%.

Alpha Metallurgical Resources (AMR) is a stock many investors are watching right now. AMR is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 8.58, which compares to its industry's average of 11.13.

We note that hedge funds don't have a meaningful investment in MP Materials. With a 10% stake, CEO James Litinsky is the largest shareholder. The second and third largest shareholders are Shenghe Resources Holding Co., Ltd and The Vanguard Group, Inc., with an equal amount of shares to their name at 7.7%.