MP Materials (MP) Q3 2026 earnings — TrendMatrix coverage

Adjusted EPS

-$0.12

Estimate

-$0.07

Surprise

-63.2%

Score today

5.2/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

MP Materials (MP) reported a wider loss than forecast — adjusted EPS of -$0.12 against the -$0.07 estimate (a 63.2% shortfall).

• ‘Subpoena Season’: Democrats Set Their Sights on $40B in Mining Deals — benzinga, 2026-11-06
• MP Materials Corp. Reports Q3 2026 Financial Results — fiscal.ai, 2026-11-05
• MP Materials Posts Q3 Double Beat, Reaches Magnetics 'Inflection Point' — benzinga, 2026-11-05

TrendMatrix currently rates MP Sell at 5.2/10; no pre/post engine snapshot brackets this report.

2 of the last 4 quarters beat the estimate; this quarter's -63.2% surprise compares with a +107.3% four-quarter average.

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.

Current price

$35.13

Price target

$63.84

Stop

$32.67

Upside to target

+81.7%

Reward-to-risk

6.1:1

Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.

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

$6.01B

P/E (fwd)

45.5

52-week range

$31.90–$76.80

Off 52-week high

54.3%

RSI (14)

38

Volume vs avg

0.61×

Score today

5.2/10