- MP Materials (MP, Financial) is scheduled to announce its Q1 earnings on May 8th post-market close.
- Analysts project a quarterly EPS of -$0.13 alongside a 27% year-over-year revenue boost to $61.8 million.
- Average analyst price target suggests a 14.45% upside potential from the current stock price.
MP Materials (NASDAQ: MP) is poised to disclose its first-quarter financial results on May 8th, after the market wraps up for the day. Investors are keenly eyeing an anticipated earnings per share (EPS) of -$0.13, while revenue projections are set at $61.8 million. This represents an impressive 27% increase compared to the previous year. Historically, MP Materials has exceeded both EPS and revenue expectations 75% of the time, a statistic that investors will be eager to see continue.
Wall Street Analysts' Insights
According to data from 10 analysts, the average one-year price target for MP Materials Corp sits at $27.16. The projections range from a high of $32.00 to a low of $21.60. This average target indicates a potential upside of 14.45% when compared to the current trading price of $23.73. For deeper insights, visit the MP Materials Corp (MP, Financial) Forecast page.
Brokerage Recommendations
In terms of brokerage recommendations, MP Materials Corp enjoys an average score of 1.9 from 12 brokerage firms, positioning it in the "Outperform" category. On the rating scale, 1 signifies a Strong Buy and 5 represents a Sell. This suggests a positive outlook from analysts for the company's future performance.
GuruFocus ValuationEstimates
GuruFocus estimates set the GF Value for MP Materials Corp at $28.70 over the coming year. This suggests a potential upside of 20.94% from its present value of $23.73. The GF Value represents GuruFocus' estimation of the fair market value for the stock, calculated through historical multiples and anticipated business growth. For more comprehensive analysis, see the MP Materials Corp (MP, Financial) Summary page.