USA Rare Earth Inc. (NASDAQ:USAR - Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $9.79, but opened at $11.64. USA Rare Earth shares last traded at $11.14, with a volume of 3,675,749 shares.
Analysts Set New Price Targets
Several brokerages recently weighed in on USAR. Wall Street Zen raised USA Rare Earth to a "sell" rating in a research report on Saturday, June 14th. Roth Capital reaffirmed a "buy" rating on shares of USA Rare Earth in a research report on Friday, June 13th. Finally, Canaccord Genuity Group initiated coverage on USA Rare Earth in a research report on Friday, June 13th. They issued a "buy" rating and a $17.00 price objective on the stock.
Get Our Latest Stock Analysis on USA Rare Earth
USA Rare Earth Price Performance
The business's 50-day moving average price is $10.64.
USA Rare Earth (NASDAQ:USAR - Get Free Report) last released its quarterly earnings data on Wednesday, May 14th. The company reported ($0.19) EPS for the quarter.
Institutional Trading of USA Rare Earth
An institutional investor recently bought a new position in USA Rare Earth stock. Titleist Asset Management LLC bought a new stake in shares of USA Rare Earth Inc. (NASDAQ:USAR - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 24,450 shares of the company's stock, valued at approximately $145,000.
USA Rare Earth Company Profile
(
Get Free Report)
USA Rare Earth, Inc is domestic supplier of rare earth magnets and heavy rare earth elements. It is developing a vertically integrated, domestic supply chain for rare earth element magnet production, with a facility in Stillwater, Oklahoma, and mining rights to the Round Top heavy rare earth and critical minerals deposit in West Texas.
See Also
Before you consider USA Rare Earth, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and USA Rare Earth wasn't on the list.
While USA Rare Earth currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.