MP Materials (MP) to Announce Quarterly Earnings on Thursday

MP Materials (NYSE:MP) will likely be announcing its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect MP Materials to post earnings of ($0.0101) per share and revenue of $96.8860 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

MP Materials (NYSE:MP) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.04. MP Materials had a negative return on equity of 2.27% and a negative net margin of 28.00%.The firm had revenue of $90.65 million for the quarter, compared to analyst estimates of $74.82 million. During the same period last year, the company earned ($0.12) EPS. The business’s quarterly revenue was up 49.1% compared to the same quarter last year. On average, analysts expect MP Materials to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

MP Materials Price Performance

MP opened at $47.45 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 6.58 and a current ratio of 7.18. MP Materials has a 52-week low of $37.81 and a 52-week high of $100.25. The stock has a market capitalization of $8.45 billion, a PE ratio of -112.97 and a beta of 1.88. The stock’s 50 day moving average price is $53.77 and its 200-day moving average price is $57.86.

Insider Transactions at MP Materials

In other news, CEO James H. Litinsky sold 234,651 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $65.87, for a total value of $15,456,461.37. Following the completion of the transaction, the chief executive officer owned 11,855,965 shares in the company, valued at $780,952,414.55. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Michael Stuart Rosenthal purchased 17,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average price of $56.62 per share, for a total transaction of $962,540.00. Following the completion of the transaction, the chief operating officer directly owned 1,333,673 shares of the company’s stock, valued at $75,512,565.26. This represents a 1.29% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders sold 905,167 shares of company stock valued at $60,161,837. Corporate insiders own 8.20% of the company’s stock.

Hedge Funds Weigh In On MP Materials

Several institutional investors and hedge funds have recently added to or reduced their stakes in MP. Hancock Prospecting Pty Ltd grew its position in shares of MP Materials by 7.2% in the 3rd quarter. Hancock Prospecting Pty Ltd now owns 14,861,212 shares of the company’s stock worth $996,741,000 after buying an additional 1,000,000 shares during the period. State Street Corp lifted its position in MP Materials by 13.2% during the 4th quarter. State Street Corp now owns 6,597,885 shares of the company’s stock valued at $333,325,000 after acquiring an additional 769,517 shares during the period. BNP Paribas Financial Markets boosted its stake in MP Materials by 76.3% during the second quarter. BNP Paribas Financial Markets now owns 2,921,542 shares of the company’s stock worth $97,200,000 after acquiring an additional 1,264,243 shares in the last quarter. Van ECK Associates Corp boosted its stake in MP Materials by 71.6% during the fourth quarter. Van ECK Associates Corp now owns 2,834,914 shares of the company’s stock worth $143,220,000 after acquiring an additional 1,183,307 shares in the last quarter. Finally, Voloridge Investment Management LLC grew its holdings in MP Materials by 58.1% in the fourth quarter. Voloridge Investment Management LLC now owns 1,605,494 shares of the company’s stock worth $81,110,000 after purchasing an additional 589,738 shares during the period. Hedge funds and other institutional investors own 52.55% of the company’s stock.

Analyst Upgrades and Downgrades

MP has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MP Materials in a research note on Friday, July 17th. Wall Street Zen downgraded shares of MP Materials from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. DA Davidson restated a “buy” rating and issued a $82.00 price objective on shares of MP Materials in a report on Friday, June 5th. JPMorgan Chase & Co. dropped their target price on shares of MP Materials from $75.00 to $60.00 and set an “overweight” rating for the company in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of MP Materials from $70.00 to $61.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $78.21.

About MP Materials

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.