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MP Materials Stock Upgraded Amid Rare Earth Optimism

MP Materials Stock Upgraded Amid Rare Earth Optimism

Published:
2025-11-10 16:04:03
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BTCCSquare news:

Deutsche Bank analyst Corinne Blanchard upgraded MP Materials (MP) to Buy from Hold, raising the price target to $71 from $68. The stock surged 2.9% premarket to $60.32, extending Friday's 12.8% rally after stronger-than-expected Q3 results. Blanchard cited long-term exposure to critical minerals and rare earths as key drivers.

Revenue and profitability beat subdued expectations, easing concerns over weak pricing. The market now views the earnings as a reset rather than an anomaly. Blanchard's valuation framework projects 18× 2028 EBITDA, with FactSet consensus forecasting growth from $245 million in 2026 to $520 million by 2028.

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