MP Materials
(NYSE:MP)
$15.95
0.21[1.33%]
At close: Apr 25
$15.95
0[0.00%]
PreMarket: 7:00AM EDT
Q1 2024 Earnings in 7 days from now on Thu May 2nd, after the market close
Conference call scheduled in 7 days at 17:00 PM Click to view the webcast
Consensus Rating1
Buy
Highest Price Target1
$60.00
Lowest Price Target1
$15.00
Consensus Price Target1
$29.25

MP Materials Stock (NYSE:MP), Analyst Ratings, Price Targets, Predictions

MP Materials Corp has a consensus price target of $29.25, established from looking at the 41 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Deutsche Bank, and Jefferies on April 23, 2024, April 11, 2024, and March 19, 2024. With an average price target of $19.67 between JP Morgan, Deutsche Bank, and Jefferies, there's an implied 23.30% upside for MP Materials Corp from these 3 analyst ratings.

Analyst Trend
1
Nov 23
1
Dec 23
2
Feb
3
1
Mar
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Deutsche Bank
Jefferies
Canaccord Genuity
Morgan Stanley

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
04/23/2024MPBuy Now
MP Materials
$15.950.31%JP Morgan
Tyler Langton
→ $16DowngradeOverweight → NeutralGet Alert
04/11/2024MPBuy Now
MP Materials
$15.95-5.96%Deutsche Bank
Corinne Blanchard
$17 → $15MaintainsHoldGet Alert
03/19/2024MPBuy Now
MP Materials
$15.9575.55%Jefferies
Laurence Alexander
$36 → $28MaintainsBuyGet Alert
03/13/2024MPBuy Now
MP Materials
$15.9537.93%Canaccord Genuity
George Gianarikas
$23 → $22MaintainsBuyGet Alert
03/13/2024MPBuy Now
MP Materials
$15.95-2.82%Morgan Stanley
Carlos De Alba
→ $15.5DowngradeOverweight → Equal-WeightGet Alert
03/12/2024MPBuy Now
MP Materials
$15.9556.74%B of A Securities
Lawson Winder
$30 → $25MaintainsBuyGet Alert
02/23/2024MPBuy Now
MP Materials
$15.9525.39%JP Morgan
Tyler Langton
$22 → $20MaintainsOverweightGet Alert
02/15/2024MPBuy Now
MP Materials
$15.9537.93%JP Morgan
Tyler Langton
$24 → $22MaintainsOverweightGet Alert
12/07/2023MPBuy Now
MP Materials
$15.9563.01%Morgan Stanley
Carlos De Alba
$34 → $26MaintainsOverweightGet Alert
11/14/2023MPBuy Now
MP Materials
$15.9588.09%Benchmark
Subash Chandra
→ $30ReiteratesBuy → BuyGet Alert
09/06/2023MPBuy Now
MP Materials
$15.95Northland Capital Markets
Abhishek Sinha
UpgradeMarket Perform → OutperformGet Alert
08/31/2023MPBuy Now
MP Materials
$15.9569.28%JP Morgan
Tyler Langton
→ $27Initiates → OverweightGet Alert
07/14/2023MPBuy Now
MP Materials
$15.9550.47%Deutsche Bank
Chris Terry
$26 → $24MaintainsHoldGet Alert
07/11/2023MPBuy Now
MP Materials
$15.95144.51%DA Davidson
Matt Summerville
$42 → $39MaintainsBuyGet Alert
06/22/2023MPBuy Now
MP Materials
$15.95113.17%Morgan Stanley
Carlos De Alba
$35 → $34MaintainsOverweightGet Alert
04/19/2023MPBuy Now
MP Materials
$15.95163.32%DA Davidson
Matt Summerville
$50 → $42MaintainsBuyGet Alert
04/18/2023MPBuy Now
MP Materials
$15.95100.63%Northland Capital Markets
Abhishek Sinha
$48 → $32DowngradeOutperform → Market PerformGet Alert
03/16/2023MPBuy Now
MP Materials
$15.95119.44%Morgan Stanley
Carlos De Alba
$45.5 → $35MaintainsOverweightGet Alert
02/24/2023MPBuy Now
MP Materials
$15.95169.59%Canaccord Genuity
George Gianarikas
$40 → $43MaintainsBuyGet Alert

FAQ

Q

What is the target price for MP Materials (MP)?

A

The latest price target for MP Materials (NYSE: MP) was reported by JP Morgan on April 23, 2024. The analyst firm set a price target for $16.00 expecting MP to rise to within 12 months (a possible 0.31% upside). 15 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for MP Materials (MP)?

A

The latest analyst rating for MP Materials (NYSE: MP) was provided by JP Morgan, and MP Materials downgraded their neutral rating.

Q

When was the last upgrade for MP Materials (MP)?

A

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.

Q

When was the last downgrade for MP Materials (MP)?

A

The last downgrade for MP Materials Corp happened on April 23, 2024 when JP Morgan changed their price target from N/A to $16 for MP Materials Corp.

Q

When is the next analyst rating going to be posted or updated for MP Materials (MP)?

A

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 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.

Q

Is the Analyst Rating MP Materials (MP) correct?

A

While ratings are subjective and will change, the latest MP Materials (MP) rating was a downgraded with a price target of $0.00 to $16.00. The current price MP Materials (MP) is trading at is $15.95, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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