$16.40
-0.38[-2.26%]
At close: Apr 18
$16.40
0[0.00%]
After Hours: 6:48PM EDT
MP Materials
(NYSE:MP)MP Materials Stock (NYSE:MP), Analyst Ratings, Price Targets, Predictions
MP Materials Corp has a consensus price target of $29.54, established from looking at the 41 latest analyst ratings. The last 3 analyst ratings were released from Deutsche Bank, Jefferies, and Canaccord Genuity on April 11, 2024, March 19, 2024, and March 13, 2024. With an average price target of $21.67 between Deutsche Bank, Jefferies, and Canaccord Genuity, there's an implied 32.11% upside for MP Materials Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Deutsche Bank
Jefferies
Canaccord Genuity
Morgan Stanley
B of A Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for MP Materials
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/11/2024 | MP | Buy Now | MP Materials | $16.40 | -8.54% | Deutsche Bank | Corinne Blanchard | $17 → $15 | Maintains | Hold | Get Alert |
| 03/19/2024 | MP | Buy Now | MP Materials | $16.40 | 70.73% | Jefferies | Laurence Alexander | $36 → $28 | Maintains | Buy | Get Alert |
| 03/13/2024 | MP | Buy Now | MP Materials | $16.40 | 34.15% | Canaccord Genuity | George Gianarikas | $23 → $22 | Maintains | Buy | Get Alert |
| 03/13/2024 | MP | Buy Now | MP Materials | $16.40 | -5.49% | Morgan Stanley | Carlos De Alba | → $15.5 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 03/12/2024 | MP | Buy Now | MP Materials | $16.40 | 52.44% | B of A Securities | Lawson Winder | $30 → $25 | Maintains | Buy | Get Alert |
| 02/23/2024 | MP | Buy Now | MP Materials | $16.40 | 21.95% | JP Morgan | Tyler Langton | $22 → $20 | Maintains | Overweight | Get Alert |
| 02/15/2024 | MP | Buy Now | MP Materials | $16.40 | 34.15% | JP Morgan | Tyler Langton | $24 → $22 | Maintains | Overweight | Get Alert |
| 12/07/2023 | MP | Buy Now | MP Materials | $16.40 | 58.54% | Morgan Stanley | Carlos De Alba | $34 → $26 | Maintains | Overweight | Get Alert |
| 11/14/2023 | MP | Buy Now | MP Materials | $16.40 | 82.93% | Benchmark | Subash Chandra | → $30 | Reiterates | Buy → Buy | Get Alert |
| 09/06/2023 | MP | Buy Now | MP Materials | $16.40 | — | Northland Capital Markets | Abhishek Sinha | — | Upgrade | Market Perform → Outperform | Get Alert |
| 08/31/2023 | MP | Buy Now | MP Materials | $16.40 | 64.63% | JP Morgan | Tyler Langton | → $27 | Initiates | → Overweight | Get Alert |
| 07/14/2023 | MP | Buy Now | MP Materials | $16.40 | 46.34% | Deutsche Bank | Chris Terry | $26 → $24 | Maintains | Hold | Get Alert |
| 07/11/2023 | MP | Buy Now | MP Materials | $16.40 | 137.8% | DA Davidson | Matt Summerville | $42 → $39 | Maintains | Buy | Get Alert |
| 06/22/2023 | MP | Buy Now | MP Materials | $16.40 | 107.32% | Morgan Stanley | Carlos De Alba | $35 → $34 | Maintains | Overweight | Get Alert |
| 04/19/2023 | MP | Buy Now | MP Materials | $16.40 | 156.1% | DA Davidson | Matt Summerville | $50 → $42 | Maintains | Buy | Get Alert |
| 04/18/2023 | MP | Buy Now | MP Materials | $16.40 | 95.12% | Northland Capital Markets | Abhishek Sinha | $48 → $32 | Downgrade | Outperform → Market Perform | Get Alert |
| 03/16/2023 | MP | Buy Now | MP Materials | $16.40 | 113.41% | Morgan Stanley | Carlos De Alba | $45.5 → $35 | Maintains | Overweight | Get Alert |
| 02/24/2023 | MP | Buy Now | MP Materials | $16.40 | 162.2% | Canaccord Genuity | George Gianarikas | $40 → $43 | Maintains | Buy | Get Alert |
| 10/03/2022 | MP | Buy Now | MP Materials | $16.40 | 131.71% | Jefferies | Laurence Alexander | $50 → $38 | Maintains | Buy | Get Alert |
FAQ
What is the target price for MP Materials (MP)?
The latest price target for MP Materials (NYSE: MP) was reported by Deutsche Bank on April 11, 2024. The analyst firm set a price target for $15.00 expecting MP to fall to within 12 months (a possible -8.54% downside). 14 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for MP Materials (MP)?
The latest analyst rating for MP Materials (NYSE: MP) was provided by Deutsche Bank, and MP Materials maintained their hold rating.
When was the last upgrade for MP Materials (MP)?
The last upgrade for MP Materials Corp happened on September 6, 2023 when Northland Capital Markets raised their price target to N/A. Northland Capital Markets previously had a market perform for MP Materials Corp.
When was the last downgrade for MP Materials (MP)?
The last downgrade for MP Materials Corp happened on March 13, 2024 when Morgan Stanley changed their price target from N/A to $15.5 for MP Materials Corp.
When is the next analyst rating going to be posted or updated for MP Materials (MP)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MP Materials, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MP Materials was filed on April 11, 2024 so you should expect the next rating to be made available sometime around April 11, 2025.
Is the Analyst Rating MP Materials (MP) correct?
While ratings are subjective and will change, the latest MP Materials (MP) rating was a maintained with a price target of $17.00 to $15.00. The current price MP Materials (MP) is trading at is $16.40, which is out of the analyst’s predicted range.
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