Added to YB: 2026-06-02
Pitch date: 2026-05-30
MP [neutral]
MP Materials Corp.
Author Info
No bio for this author
Company Info
MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere.
Market Cap
$11.5B
Pitch Price
N/A
Price Target
80.00
Dividend
N/A
EV/EBITDA
3.7K
P/E
-157.85
EV/Sales
32.34
Sector
Metals and Mining
Category
growth
MP Materials $MP 2026 Q1 Financial Report Analysis
MP (overview): Only US large-scale rare earth mine + separation + magnets. Q1 NdPr production 917t (+63%), sales 1,006t (+117%), adj EBITDA $36.6M vs -$2.7M YoY. But $42.3M from PPA gov floor ($110/kg to 2035)—core near breakeven w/o subsidies. $1.74B cash. 10X magnet plant (DoD-guaranteed $140M EBITDA) not tested until 2028. Stock ~$65 vs $80 consensus, prices in full 2028 buildout. 66.86M dilution. Neutral until magnets ramp & market EBITDA self-sustains.
Read full article (11 min)