Market Inference Reports -- MP Stock

During the morning session, MP Materials moved 0.4%, compared to 0.1% for the S&P 500.

MP Materials Corp. owns and operates rare earth mining and processing facilities. Based in Las Vegas, United States the company has 365 full time employees and a market cap of $5,480,752,805.

The company is now trading -30.06% away from its average analyst target price of $44.14 per share. The 11 analysts following the stock have set target prices ranging from $36 to $56, and on average give MP Materials a rating of buy.

Over the last year, MP shares have gone down by -19.0%, which represents a difference of -10.6% when compared to the S&P 500. The stock's 52 week high is $60.19 per share and its 52 week low is $23.5. Based on MP Materials's average gross margin growth of 276.2% over the last four years, its core business remains strong — so long as commodity prices remain elevated.

Date Reported Revenue ($ MM) Cost of Revenue ($ MM) Gross Margins (%) YoY Growth (%)
2021-12-31 332 101 69.68 52.97
2020-12-31 134 73 45.55 499.34
2019-12-31 73 68 7.6 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.