USA Rare Earth (NASDAQ:USAR) Stock Price Down 6.3% - What's Next?

Key Points

• USA Rare Earth shares fell about 6.3% intraday to $14.30 (low $14.18) on Wednesday, with volume surging to roughly 10.24 million shares—an 86% increase versus average daily trading.
• The company reported quarterly EPS of ($0.25), missing estimates of ($0.06); it has a market cap of $1.90 billion, a negative P/E of -27.5, a 50‑day MA of $20.89 and a 200‑day MA of $15.38.
• Analyst views are mixed but the consensus is a Moderate Buy with a $26.33 target (ranging from Roth's $40 to several sell ratings), while institutional investors like Alyeska materially increased their stakes, indicating notable institutional interest.

USA Rare Earth Inc. (NASDAQ:USAR - Get Free Report) shares dropped 6.3% during mid-day trading on Wednesday . The company traded as low as $14.18 and last traded at $14.30. Approximately 10,237,160 shares were traded during trading, an increase of 86% from the average daily volume of 5,504,692 shares. The stock had previously closed at $15.26.

Wall Street Analysts Forecast Growth

USAR has been the topic of a number of recent research reports. William Blair started coverage on shares of USA Rare Earth in a report on Monday, October 20th. They issued an "outperform" rating on the stock. Roth Capital set a $40.00 target price on shares of USA Rare Earth in a report on Friday, October 10th. Weiss Ratings reiterated a "sell (d)" rating on shares of USA Rare Earth in a research note on Thursday, November 13th. Wall Street Zen cut USA Rare Earth from a "hold" rating to a "sell" rating in a research report on Saturday, August 16th. Finally, Cantor Fitzgerald assumed coverage on USA Rare Earth in a research note on Friday, August 1st. They set an "overweight" rating and a $16.00 price objective for the company. Four investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $26.33.

USA Rare Earth Trading Down 6.3%

The company has a market cap of $1.90 billion, a price-to-earnings ratio of -27.50 and a beta of 0.77. The company's 50 day moving average price is $20.89 and its 200 day moving average price is $15.38.

USA Rare Earth (NASDAQ:USAR - Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.19).

Institutional Trading of USA Rare Earth

Hedge funds have recently modified their holdings of the business. Alyeska Investment Group L.P. raised its position in USA Rare Earth by 44.0% in the third quarter. Alyeska Investment Group L.P. now owns 12,799,325 shares of the company's stock worth $219,034,000 after acquiring an additional 3,909,455 shares in the last quarter. Altfest L J & Co. Inc. purchased a new stake in shares of USA Rare Earth during the 3rd quarter worth $13,554,000. Newtyn Management LLC purchased a new position in shares of USA Rare Earth in the 1st quarter valued at about $4,114,000. Geode Capital Management LLC lifted its stake in shares of USA Rare Earth by 2,437.5% in the second quarter. Geode Capital Management LLC now owns 653,290 shares of the company's stock valued at $7,160,000 after purchasing an additional 627,545 shares during the period. Finally, Millennium Management LLC purchased a new stake in USA Rare Earth during the third quarter worth about $7,966,000.

About USA Rare Earth

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.

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