Major Investors Are Buying Up Shares of MP Materials. Here's Why the Industrial Stock Could Soar in 2026 and Beyond.
Source: Motley Fool
2026-03-20 06:25:00 ET
MP Materials (NYSE: MP) can't catch a break.
Three weeks ago, the rare-earth metals miner announced a huge earnings beat, reporting profits of $0.09 per share, well above Wall Street's $0.02 estimate. The company followed up this news with an announcement that it's ready to build its 10X rare-earth magnet production plant in Texas, with plans to begin churning out up to 10,000 tons of magnets annually by 2028.
The stock initially jumped on the news. But one month later, MP stock is down about 1% from before earnings.
MP Materials Corp Cl A
NASDAQ: MP
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March 21, 2026 10:35:00 am
USA Rare Earth vs. MP Materials: Which Mining Stock Should You Buy in 2026?
