Goldman Sachs has initiated coverage on MP Materials Corp (MP) with a Buy rating, marking its first assessment of the company. This decision reflects the firm's analysis of MP Materials' business model, industry dynamics, and growth prospects.
Headquartered in Las Vegas, Nevada, MP Materials engages in the production and marketing of rare earth specialty materials, operating the Mountain Pass Rare Earth Mine and Processing Facility in California. The company also plans to develop a rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas.
As of November 18, 2025, MP Materials' stock is priced at $58.51, with a market capitalization of $10.4 billion. The company reported an EPS of -0.70 for the trailing twelve months. Upcoming earnings are anticipated on August 4, 2026, with estimates of $0.13 EPS and $147.8 million in revenue.
Analyst ratings serve as professional opinions based on extensive research and financial modeling. While they can provide valuable insights, they are based on assumptions that may not always come to fruition. Investors should consider a range of factors, including company fundamentals and market conditions, when making decisions.
The recent rating from Goldman Sachs adds to a positive trend for MP Materials, which has received multiple upgrades from other analysts in recent weeks. For instance, JP Morgan upgraded the stock to Overweight just days prior to Goldman’s announcement.
Such developments underscore the growing interest in MP Materials amid increasing demand for rare earth materials in various industries.