PNC Financial Services Group Inc. Invests $372,000 in USA Rare Earth Inc. $USAR

Key Points

• PNC Financial Services Group disclosed a new fourth-quarter stake in USA Rare Earth, buying 31,220 shares valued at about $372,000. Other institutions also recently boosted or initiated positions in the company.
• USA Rare Earth’s stock rose 4.3% to $30.70, and the company now has a market value of about $6.85 billion. The shares have traded between $8.77 and $43.98 over the past year.
• The company reported a narrower-than-expected quarterly loss, with EPS of -$0.12 versus estimates of -$0.16. Analysts currently rate the stock a Moderate Buy with an average target price of $36.00.

PNC Financial Services Group Inc. acquired a new position in USA Rare Earth Inc. (NASDAQ:USAR - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 31,220 shares of the company's stock, valued at approximately $372,000.

Other large investors have also recently made changes to their positions in the company. Larson Financial Group LLC grew its position in shares of USA Rare Earth by 217.5% in the 4th quarter. Larson Financial Group LLC now owns 2,092 shares of the company's stock worth $25,000 after buying an additional 1,433 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of USA Rare Earth by 158.2% in the 2nd quarter. NewEdge Advisors LLC now owns 2,324 shares of the company's stock worth $25,000 after buying an additional 1,424 shares during the last quarter. Center for Financial Planning Inc. bought a new stake in shares of USA Rare Earth in the 4th quarter worth approximately $28,000. National Bank of Canada FI grew its position in shares of USA Rare Earth by 110.0% in the 3rd quarter. National Bank of Canada FI now owns 2,100 shares of the company's stock worth $36,000 after buying an additional 1,100 shares during the last quarter. Finally, Osaic Holdings Inc. bought a new stake in shares of USA Rare Earth in the 2nd quarter worth approximately $38,000.

USA Rare Earth Stock Up 4.3%

NASDAQ USAR opened at $30.70 on Wednesday. USA Rare Earth Inc. has a twelve month low of $8.77 and a twelve month high of $43.98. The firm has a market capitalization of $6.85 billion, a PE ratio of -7.83 and a beta of 2.33. The stock's 50 day moving average is $21.38 and its 200 day moving average is $18.96.

USA Rare Earth (NASDAQ:USAR - Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.04. The firm had revenue of $5.70 million for the quarter. On average, research analysts anticipate that USA Rare Earth Inc. will post -0.33 earnings per share for the current year.

Key Headlines Impacting USA Rare Earth

Here are the key news stories impacting USA Rare Earth this week:

• Positive Sentiment: USA Rare Earth announced it will invest about $1.2 billion in a new South Carolina facility, aimed at expanding domestic production of magnets, refined metals, strip-cast materials and alloys. The project is expected to create roughly 490 high-skill jobs and strengthen the company’s U.S. mine-to-magnet strategy. Reuters article
• Positive Sentiment: Investors also reacted to the company’s broader growth plans, including an expanded commitment to France with more than €175 million in planned investment through 2030. That supports additional capacity for metal, alloy and magnet production and signals a larger global footprint. Proactive Investors article
• Positive Sentiment: USA Rare Earth was also selected for up to $19.3 million in Department of Energy funding to advance a pilot rare earth separation facility, which could help accelerate U.S. processing capacity and improve the company’s financing outlook. Zacks article
• Positive Sentiment: Analyst and sector commentary has also been supportive, with rare earth stocks broadly benefiting from renewed investor interest in domestic supply-chain names and defense/EV-related materials. Yahoo Finance article

Analyst Ratings Changes

Several research firms recently weighed in on USAR. Weiss Ratings upgraded USA Rare Earth from a "sell (d-)" rating to a "sell (d+)" rating in a research report on Thursday, May 14th. Wedbush lifted their price target on USA Rare Earth from $29.00 to $35.00 and gave the company an "outperform" rating in a research report on Tuesday, May 12th. Wall Street Zen upgraded USA Rare Earth from a "strong sell" rating to a "sell" rating in a research report on Saturday, May 16th. Canaccord Genuity Group lifted their price target on USA Rare Earth from $29.00 to $32.00 and gave the company a "buy" rating in a research report on Tuesday, April 21st. Finally, Roth Mkm set a $30.00 price target on USA Rare Earth in a research report on Monday, April 20th. Nine investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $36.00.

About USA Rare Earth

USA Rare Earth NASDAQ: USAR is a development-stage critical minerals company focused on advancing a fully integrated rare earth element (REE) and lithium project in the United States. Its flagship asset is the Round Top deposit in West Texas, a large, polymetallic concentration of light and heavy rare earth elements, lithium and other co-products. The company seeks to move this asset through resource delineation, pilot-scale processing and eventual commercial production to address growing domestic demand for secure REE supply chains.

In addition to exploration, USA Rare Earth is engineering an on-site separation facility that will utilize dry magnetic separation and hydrometallurgical flowsheets to produce mixed rare earth carbonates.

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