MP Materials Corp. $MP Stock Position Lifted by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS increased its stake in shares of MP Materials Corp. (NYSE:MP) by 45.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,473 shares of the company’s stock after purchasing an additional 33,965 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in MP Materials were worth $5,177,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Toth Financial Advisory Corp boosted its position in MP Materials by 73.3% during the 2nd quarter. Toth Financial Advisory Corp now owns 520 shares of the company’s stock worth $29,000 after buying an additional 220 shares during the period. Mather Group LLC. grew its stake in shares of MP Materials by 390.6% in the third quarter. Mather Group LLC. now owns 682 shares of the company’s stock worth $32,000 after purchasing an additional 543 shares during the last quarter. Markowski Investments acquired a new stake in MP Materials in the second quarter valued at $43,000. MADDEN SECURITIES Corp acquired a new stake in MP Materials in the third quarter valued at $46,000. Finally, Archer Investment Corp raised its position in MP Materials by 990.1% during the 1st quarter. Archer Investment Corp now owns 1,101 shares of the company’s stock worth $53,000 after purchasing an additional 1,000 shares during the last quarter. 52.55% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting MP Materials

Here are the key news stories impacting MP Materials this week:

• Positive Sentiment: MP reported a surprise adjusted profit of $0.04 per share, versus analysts’ expected loss, while revenue rose 175.7% year over year to $147.66 million—above estimates. MP Materials posts surprise adjusted profit
• Positive Sentiment: Operational progress adds to the earnings beat: NdPr production surged 41%, the company reported a $1.34 billion cash reserve, and it completed GM’s magnet qualification. Commercial deliveries and related revenue are slated to start in Q4. MP Materials Q3 earnings call highlights
• Neutral Sentiment: The next test is execution: GM sales have not yet begun, and the company’s reported net margin remained negative. Investors will look for Q4 deliveries to translate the production and qualification milestones into sustained revenue and profitability. MP Materials reports third-quarter 2026 results

Analysts Set New Price Targets

MP has been the topic of several recent research reports. DA Davidson reaffirmed a “buy” rating and set a $82.00 target price on shares of MP Materials in a report on Monday, August 24th. Morgan Stanley cut their price target on MP Materials from $73.00 to $66.00 and set an “overweight” rating on the stock in a report on Wednesday, October 7th. Freedom Broker assumed coverage on MP Materials in a research note on Wednesday, September 16th. They issued a “hold” rating and a $57.00 target price for the company. Wall Street Zen upgraded shares of MP Materials from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Barclays dropped their price target on shares of MP Materials from $69.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, MP Materials presently has an average rating of “Moderate Buy” and an average price target of $71.92.

MP Materials Price Performance

Shares of NYSE:MP opened at $35.38 on Monday. The company has a current ratio of 6.75, a quick ratio of 6.04 and a debt-to-equity ratio of 0.48. The stock’s fifty day simple moving average is $45.65 and its two-hundred day simple moving average is $54.44. MP Materials Corp. has a 1-year low of $31.90 and a 1-year high of $76.80. The stock has a market cap of $6.30 billion, a PE ratio of -160.81 and a beta of 2.05.

MP Materials (NYSE:MP) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.06. MP Materials had a negative net margin of 9.90% and a negative return on equity of 0.05%. The business had revenue of $147.66 million for the quarter, compared to analysts’ expectations of $117.37 million. During the same period in the previous year, the company earned ($0.10) earnings per share. The firm’s revenue for the quarter was up 175.7% compared to the same quarter last year. As a group, analysts forecast that MP Materials Corp. will post -0.21 EPS for the current fiscal year.

About MP Materials

MP Materials operates the Mountain Pass rare earth mine and processing facility in California. The site is a major North American source of rare earth materials, which are used in products such as electric vehicles, wind turbines, electronics and defense systems.

The company mines and processes rare earth ore into concentrate and separated products, including neodymium-praseodymium (NdPr), a key input for high-strength permanent magnets. MP Materials is also developing domestic magnet manufacturing capabilities to extend its business further along the supply chain.

Mountain Pass has a long history of rare earth production, and MP Materials acquired the site’s operating assets in 2017.