Wall Street Zen Upgrades USA Rare Earth (NASDAQ:USAR) to "Sell"

Key Points

• Wall Street Zen raised USA Rare Earth from a “strong sell” to a “sell,” though the stock still has a mixed analyst backdrop overall with most analysts remaining bullish.
• Multiple firms have recently lifted price targets on USAR, including Cantor Fitzgerald to $35 and Wedbush to $35; MarketBeat says the consensus rating is Moderate Buy with a $35.40 target.
• USA Rare Earth’s latest quarter beat earnings and revenue expectations, and the company highlighted strategic progress on its Oklahoma magnet line and broader mine-to-magnet growth plan.

USA Rare Earth (NASDAQ:USAR - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "strong sell" rating to a "sell" rating in a research report issued on Saturday.

A number of other equities analysts have also weighed in on the stock. Benchmark started coverage on shares of USA Rare Earth in a research report on Wednesday, January 21st. They set a "buy" rating for the company. Roth Mkm set a $30.00 target price on shares of USA Rare Earth in a research report on Monday, April 20th. Northland Securities started coverage on shares of USA Rare Earth in a research report on Thursday, April 23rd. They set an "outperform" rating and a $45.00 target price for the company. Cantor Fitzgerald upped their target price on shares of USA Rare Earth from $30.00 to $35.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, Wedbush upped their target price on shares of USA Rare Earth from $29.00 to $35.00 and gave the stock an "outperform" rating in a research report on Tuesday. Eight 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 stock has a consensus rating of "Moderate Buy" and a consensus target price of $35.40.

USA Rare Earth Price Performance

USAR opened at $24.39 on Friday. The firm has a market cap of $5.32 billion, a P/E ratio of -6.22 and a beta of 2.38. USA Rare Earth has a 1-year low of $8.00 and a 1-year high of $43.98. The company has a 50 day simple moving average of $20.03 and a two-hundred day simple moving average of $18.41.

USA Rare Earth (NASDAQ:USAR - Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.12) earnings per share for the quarter, topping analysts' consensus estimates of ($0.16) by $0.04. The firm had revenue of $5.70 million during the quarter. Equities analysts anticipate that USA Rare Earth will post -0.76 earnings per share for the current year.

Hedge Funds Weigh In On USA Rare Earth

A number of hedge funds and other institutional investors have recently modified their holdings of USAR. Weiss Asset Management LP purchased a new stake in USA Rare Earth during the first quarter valued at $17,103,000. Sei Investments Co. raised its stake in USA Rare Earth by 923.5% during the first quarter. Sei Investments Co. now owns 276,819 shares of the company's stock valued at $4,190,000 after purchasing an additional 249,773 shares in the last quarter. State of Wyoming raised its stake in USA Rare Earth by 100.4% during the first quarter. State of Wyoming now owns 2,509 shares of the company's stock valued at $38,000 after purchasing an additional 1,257 shares in the last quarter. Himension Capital Singapore PTE. LTD. purchased a new stake in USA Rare Earth during the first quarter valued at $2,066,000. Finally, PNC Financial Services Group Inc. raised its stake in USA Rare Earth by 7.2% during the first quarter. PNC Financial Services Group Inc. now owns 33,481 shares of the company's stock valued at $507,000 after purchasing an additional 2,261 shares in the last quarter.

USA Rare Earth News Summary

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

• Positive Sentiment: Cantor Fitzgerald raised its price target on USA Rare Earth to $35 from $30 and reiterated an Overweight rating, signaling continued bullishness on the company’s long-term prospects.
• Positive Sentiment: USA Rare Earth reported Q1 results that beat expectations on both EPS and revenue, helping support the stock after earnings; the company also ended the quarter with a large cash balance and highlighted major strategic progress. USA Rare Earth Stock Climbs After Q1 Earnings Release — Here's Why
• Positive Sentiment: The company said it commissioned Phase 1a of its magnet line in Oklahoma and is targeting 600 metric tons by 2026, a step that supports its mine-to-magnet growth plan and future NdFeB order fulfillment. Will Stillwater Facility Ramp-Up Drive Long-Term Growth for USAR?
• Neutral Sentiment: Recent transcripts and commentary emphasized USA Rare Earth’s strategic transformation, including the Serra Verde and Carester transactions and broader mine-to-magnet integration efforts, which are more important for the long term than near-term earnings.
• Negative Sentiment: Despite the upbeat fundamental updates, shares are softer today as investors appear to be rotating out of risk assets in a broad market selloff, overshadowing the bullish analyst and operating news. USA Rare Earth Shares Fall As Broad Market Selloff Overshadows Bullish Outlook

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.