MP Materials (MP) Projected to Announce Earnings on Thursday

Key Points

• MP Materials is expected to report Q3 2026 results after Thursday’s market close, with analysts forecasting a loss of $0.0227 per share and revenue of $117.54 million.
• The company’s previous quarter showed strong momentum: revenue rose 89% year over year to $108.49 million, while earnings matched expectations at a $0.01-per-share loss.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus rating and a $71.92 average price target, although several firms have recently lowered their targets and one downgraded the stock to “Sell.”

MP Materials (NYSE:MP - Get Free Report) will likely be issuing its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect MP Materials to announce earnings of ($0.0227) per share and revenue of $117.54 million for the quarter. Parties may review the information on the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

MP Materials (NYSE:MP - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). The business had revenue of $108.49 million during the quarter, compared to analysts' expectations of $96.89 million. MP Materials had a negative return on equity of 1.21% and a negative net margin of 19.85%. The company's quarterly revenue was up 89.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.13) earnings per share. On average, analysts expect MP Materials to post ($0.20) EPS for the current fiscal year and $0.49 EPS for the next fiscal year.

MP Materials Price Performance

NYSE:MP opened at $40.99 on Thursday. The business's 50-day moving average price is $48.56 and its 200 day moving average price is $55.45. The firm has a market cap of $7.30 billion, a P/E ratio of -120.55 and a beta of 1.98. MP Materials has a 52-week low of $37.11 and a 52-week high of $76.80. The company has a quick ratio of 8.56, a current ratio of 9.51 and a debt-to-equity ratio of 0.48.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MP. Barclays reduced their price objective on shares of MP Materials from $69.00 to $65.00 and set an "overweight" rating for the company in a research report on Thursday, July 16th. Citigroup reaffirmed a "positive" rating on shares of MP Materials in a research note on Wednesday, July 15th. Robert W. Baird dropped their target price on shares of MP Materials from $80.00 to $65.00 and set an "outperform" rating on the stock in a report on Thursday, October 1st. Wall Street Zen lowered shares of MP Materials from a "hold" rating to a "sell" rating in a research note on Sunday, October 11th. Finally, Freedom Broker assumed coverage on shares of MP Materials in a research note on Wednesday, September 16th. They set a "hold" rating and a $57.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $71.92.

About MP Materials

MP Materials Corp. is a rare earth materials company focused on restoring and expanding a fully integrated rare earth supply chain in the United States. The company owns and operates the Mountain Pass rare earth mine and processing facility in California, one of the largest rare earth production sites in the Western Hemisphere.

MP Materials primarily produces rare earth concentrate containing neodymium and praseodymium, elements used in high-strength permanent magnets. These magnets are important components in electric vehicles, wind turbines, robotics, defense systems, and other advanced technologies.

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