Key Points
- MP Materials CFO Ryan Corbett sold 20,000 shares on May 8 at an average price of $75, totaling $1.5 million. The sale was made under a pre-arranged Rule 10b5-1 trading plan, and his direct stake fell 15.5% to 109,017 shares.
- The company reported strong first-quarter results, with EPS of $0.03 versus an expected loss and revenue of $90.65 million, up 49.1% year over year and above analyst estimates. MP also said it hit record NdPr production and sales while advancing key growth projects.
- Analyst sentiment remained constructive after the earnings release, with Wedbush raising its price target to $100 and maintaining an outperform rating. The consensus view on the stock is currently a Buy, with an average target price of $80.33.
MP Materials Corp. (NYSE:MP - Get Free Report) CFO Ryan Corbett sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $75.00, for a total transaction of $1,500,000.00. Following the transaction, the chief financial officer directly owned 109,017 shares in the company, valued at $8,176,275. This represents a 15.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ryan Corbett also recently made the following trade(s):
- On Tuesday, March 17th, Ryan Corbett sold 46,000 shares of MP Materials stock. The stock was sold at an average price of $60.00, for a total transaction of $2,760,000.00.
MP Materials Stock Down 2.2%
Shares of MP opened at $67.61 on Friday. MP Materials Corp. has a 12 month low of $18.64 and a 12 month high of $100.25. The firm's 50 day moving average is $58.37 and its 200-day moving average is $59.65. The stock has a market capitalization of $12.01 billion, a PE ratio of -160.97 and a beta of 1.90. The company has a current ratio of 7.24, a quick ratio of 6.67 and a debt-to-equity ratio of 0.47.
MP Materials (NYSE:MP - Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.04. MP Materials had a negative net margin of 28.00% and a negative return on equity of 2.37%. The company had revenue of $90.65 million for the quarter, compared to analysts' expectations of $74.82 million. During the same period last year, the firm earned ($0.12) earnings per share. The business's revenue for the quarter was up 49.1% on a year-over-year basis. Equities research analysts forecast that MP Materials Corp. will post 0.1 EPS for the current year.
Analysts Set New Price Targets
Several research analysts have recently commented on MP shares. Wedbush raised their target price on shares of MP Materials from $90.00 to $100.00 and gave the stock an "outperform" rating in a report on Friday. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of MP Materials in a report on Tuesday, April 21st. William Blair reaffirmed an "outperform" rating on shares of MP Materials in a report on Wednesday, March 4th. Canaccord Genuity Group set a $82.00 target price on shares of MP Materials in a report on Friday. Finally, Wall Street Zen raised shares of MP Materials from a "sell" rating to a "hold" rating in a research note on Sunday, March 8th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, MP Materials presently has an average rating of "Buy" and a consensus target price of $80.33.
Get Our Latest Stock Analysis on MP Materials
Key Stories Impacting MP Materials
Here are the key news stories impacting MP Materials this week:
- Positive Sentiment: MP Materials reported first-quarter EPS of $0.03, beating the loss estimate, while revenue of $90.65 million also topped expectations and rose 49.1% year over year. MP Materials Reports First Quarter 2026 Results
- Positive Sentiment: The company said it delivered record NdPr production and sales, advanced growth projects at Independence and 10X, and maintained its $500 million to $600 million capex plan while targeting a 500-tons-per-month NdPr run rate by the end of 2026. MP Materials Reports First Quarter 2026 Results
- Positive Sentiment: Analysts turned more constructive after the release, with Wedbush raising its price target to $100 from $90 and keeping an outperform rating. Benzinga
- Positive Sentiment: Investor sentiment was also helped by commentary from CEO James Litinsky that geopolitical tensions could accelerate demand for rare earth magnets, reinforcing MP’s strategic importance. Iran war points to 'huge demand accelerant for rare earth magnetics,' MP Materials CEO says
- Neutral Sentiment: Media coverage and earnings-call recaps are keeping MP Materials in focus, but they largely reiterate the same story: improving production, stronger sales, and a big long-term domestic rare-earth opportunity. MP Materials Corp. (MP) Q1 2026 Earnings Call Transcript
- Negative Sentiment: Despite the beat, the stock pulled back as investors focused on rising costs, weak momentum, and a premium valuation, suggesting the quarter was good but not enough to eliminate execution concerns. MP Dips 5% Despite Q1 Earnings Beat: How to Play the Stock?
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. Costello Asset Management INC increased its stake in MP Materials by 15.0% in the fourth quarter. Costello Asset Management INC now owns 1,300 shares of the company's stock valued at $66,000 after acquiring an additional 170 shares during the last quarter. Composition Wealth LLC increased its stake in MP Materials by 0.9% in the fourth quarter. Composition Wealth LLC now owns 18,334 shares of the company's stock valued at $926,000 after acquiring an additional 172 shares during the last quarter. Wolff Wiese Magana LLC increased its stake in MP Materials by 28.1% in the third quarter. Wolff Wiese Magana LLC now owns 806 shares of the company's stock valued at $54,000 after acquiring an additional 177 shares during the last quarter. IMG Wealth Management Inc. increased its stake in MP Materials by 4.7% in the third quarter. IMG Wealth Management Inc. now owns 4,446 shares of the company's stock valued at $298,000 after acquiring an additional 200 shares during the last quarter. Finally, ARS Investment Partners LLC increased its stake in MP Materials by 1.0% in the fourth quarter. ARS Investment Partners LLC now owns 19,980 shares of the company's stock valued at $1,009,000 after acquiring an additional 200 shares during the last quarter. 52.55% of the stock is owned by institutional investors.
MP Materials Company Profile
(
Get Free Report)
MP Materials Corporation operates as a vertically integrated producer of rare earth materials in North America. The company owns and manages the Mountain Pass Rare Earth Mine and Processing Facility in California, the only commercially viable rare earth mining and processing site in the United States. MP Materials extracts, separates and refines critical rare earth elements—such as neodymium, praseodymium, and cerium—which are essential inputs for permanent magnets used in electric vehicles, wind turbines, and various defense applications.
The Mountain Pass mine first began commercial rare earth production in the 1950s and was later operated by Molycorp until its bankruptcy in 2015.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
