Key facts
- MP Materials received a Buy rating and $80 price target from Needham analyst Carter Goman.
- Rare Earths Americas was initiated with a Buy rating and $25 price target by Cannacord analyst George Gianarikas.
- MP Materials shares rose 7.1% on Monday, closing at $69.29.
- Rare Earths Americas fell 1.4% on Monday, closing at $21.55.
- MP Materials reported 35.1% revenue growth in FY2025 to $275.5 million.
- USA Rare Earth recorded $1.6 million in revenue in FY2025.
China's dominance in rare earth processing, estimated at 85% of global capacity, has prompted U.S. government and investor interest in domestic alternatives. Companies like MP Materials, the largest rare earth miner in the Western Hemisphere, and development-stage firms like Rare Earths Americas are seen as crucial for reducing reliance on Chinese supplies for critical materials used in everything from electronics to defense.