Canaccord Initiates Coverage of USA Rare Earth (USAR) with $17 Price Target | USAR Stock News

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Jun 13, 2025

Canaccord has commenced coverage on USA Rare Earth (USAR, Financial) with a Buy rating, setting a price target of $17. The investment firm anticipates substantial growth for USAR beyond 2035 if the company can successfully initiate magnet production from its first four manufacturing lines and develop the Round Top mine. The Round Top project is seen as a strategic asset for USAR, offering significant potential. According to the analysis, production at this site is projected to start in 2033, which could lead to considerable revenue gains over time.

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