JP Morgan has upgraded MP Materials Corp (MP) to Overweight from Neutral as of November 13, 2025. The stock is currently priced at $57.54.
This upgrade reflects a more optimistic outlook on the company’s prospects. MP Materials, headquartered in Las Vegas, Nevada, specializes in the production and marketing of rare earth specialty materials. The firm operates the Mountain Pass Rare Earth Mine and Processing Facility in California and is developing a manufacturing facility in Fort Worth, Texas.
With a market cap of $10.4 billion, MP Materials reported an earnings per share (EPS) of -0.62 for the trailing twelve months. The company has shown recent improvements in earnings performance, with a Q3 2025 EPS of -0.10, surpassing estimates of -0.18 by 45.1%.
Upcoming earnings are scheduled for August 4, 2026, with an EPS estimate of $0.17 and revenue estimate of $148.3 million. Analyst consensus indicates a Buy rating, with 7 Strong Buy, 9 Buy, and 6 Hold ratings among 22 analysts as of November 1, 2025.
Analyst ratings are based on research and financial models, providing insights into potential future performance. While they serve as useful indicators, investment decisions should consider a range of factors, including company fundamentals and market conditions.