Apr. 27 at 6:48 PM
$MP "MP Materials (MP) is up 5.8% today, April 27, 2026, trading at approximately
$64.27. The stock is rebounding after a brief pullback late last week, supported by fresh analyst coverage and its role as a "national champion" in the U.S. rare earth supply chain.
On April 20, Wedbush initiated coverage with an Outperform rating and a
$90 price target, calling the company's Mountain Pass mine "nearly irreplaceable" as the only fully integrated rare earth producer in the U.S.
Ongoing progress at the 10X Facility for magnet manufacturing in Fort Worth, Texas, continues to derisk MP's transition from a miner to a high-value magnet producer.
The heavy rare earth separation facility is targeted for commissioning by mid-2026, which would further decrease dependence on foreign processing.
Existing agreements with the Department of Defense and General Motors provide a stable demand floor for the company's future magnet production."
