MP Materials (MP) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- -$0.01
- Estimate
- —
- Surprise
- -173.2%
- Revenue (period 2026-06-30)
- $108.5M
- Score today
- 5.2/10
Revenue source: xbrl.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MP Sell at 5.2/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's -173.2% surprise compares with a +132.7% four-quarter average. Next scheduled report: 2026-11-05.
What argues against it
- Concentration risk — Geographic: Mountain Pass (sole North American facility)
- Quality below floor (2.4 < 4.0)
- Momentum score 1.5/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $48.89
- Price target
- $66.86
- Stop
- $45.84
- Upside to target
- +36.8%
- Reward-to-risk
- 3.5:1
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
MP at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Other Industrial Metals & Mining
- Market cap
- $9.09B
- P/E (fwd)
- 58.4
- 52-week range
- $37.81–$100.25
- Off 52-week high
- 51.2%
- RSI (14)
- 34
- Volume vs avg
- 0.83×
- Score today
- 5.2/10