Added to YB: 2026-06-02
Pitch date: 2026-05-30
MP [neutral]
MP Materials Corp.
-29.16%
current return
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
$10.5B
Pitch Price
$64.17
Price Target
80.00 (+76%)
Dividend
N/A
EV/EBITDA
3.4K
P/E
-143.70
EV/Sales
29.37
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.
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