MP Materials' (MP) Buy Rating Reiterated at DA Davidson

Market Beat
2026.05.20 15:51
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DA Davidson has reiterated a 'buy' rating for MP Materials, setting a price target of $82.00, indicating a potential upside of 46.52%. Other analysts have varied ratings, with Morgan Stanley raising its target to $70.00 and Wedbush to $100.00. MP Materials reported a quarterly revenue of $90.65 million, exceeding expectations, and a 49.1% year-over-year increase. Insider transactions included significant stock sales by CEO James H. Litinsky and CFO Ryan Corbett.