Cantor Fitzgerald Issues Pessimistic Forecast for USA Rare Earth (NASDAQ:USAR) Stock Price

USA Rare Earth (NASDAQ:USAR) had its target price lowered by investment analysts at Cantor Fitzgerald from $40.00 to $30.00 in a report released on Tuesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Cantor Fitzgerald‘s price objective points to a potential upside of 242.47% from the stock’s previous close.

A number of other analysts also recently commented on the company. Jefferies Financial Group started coverage on USA Rare Earth in a research report on Wednesday, September 2nd. They set a “buy” rating and a $21.00 target price on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of USA Rare Earth in a report on Wednesday, November 4th. Texas Capital upgraded shares of USA Rare Earth to a “strong-buy” rating in a report on Tuesday, October 20th. Roth Capital reduced their price target on USA Rare Earth from $40.00 to $30.00 and set a “buy” rating on the stock in a research note on Tuesday, July 21st. Finally, Wall Street Zen cut shares of USA Rare Earth from a “sell” rating to a “strong sell” rating in a research report on Saturday, October 24th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.29.

USA Rare Earth Stock Performance

Shares of USA Rare Earth stock opened at $8.76 on Tuesday. The company has a market cap of $2.14 billion, a P/E ratio of -3.60 and a beta of 2.79. USA Rare Earth has a one year low of $6.84 and a one year high of $32.80. The firm has a fifty day moving average of $13.04 and a two-hundred day moving average of $18.53.

USA Rare Earth (NASDAQ:USAR) last posted its quarterly earnings results on Monday, November 9th. The company reported ($0.44) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.25). The firm had revenue of $3.00 million during the quarter. As a group, equities analysts predict that USA Rare Earth will post -0.62 earnings per share for the current year.

Hedge Funds Weigh In On USA Rare Earth

A number of institutional investors have recently added to or reduced their stakes in the company. Overbrook Management Corp acquired a new position in shares of USA Rare Earth in the 3rd quarter worth approximately $3,145,000. BlackRock Inc. bought a new stake in shares of USA Rare Earth during the 2nd quarter valued at about $335,795,000. Weiss Asset Management LP acquired a new stake in USA Rare Earth during the first quarter worth about $17,103,000. Encompass Capital Advisors LLC acquired a new stake in USA Rare Earth during the first quarter worth about $7,038,000. Finally, Man Group plc bought a new stake in shares of USA Rare Earth in the 2nd quarter worth approximately $2,562,000.

USA Rare Earth News Roundup

Here are the key news stories impacting USA Rare Earth this week:

• Positive Sentiment: USA Rare Earth began commercial-scale shipments of mixed rare earth carbonate from Serra Verde and recorded its first sales under a 15-year, fully committed offtake agreement. Production is targeted to ramp toward about 4,000 tons per year by Q2 2027. Commercial-scale shipments and sales
• Positive Sentiment: The company ended Q3 with $1.2 billion in cash, providing funding for its development plans. It also reported its first commercial magnet sales and delivered initial yttrium oxide samples to a prospective defense, medical and specialty-coatings customer for testing. Q3 earnings call highlights First yttrium oxide samples
• Negative Sentiment: Q3 results missed expectations: the company reported a loss of $0.44 per share versus an expected loss of $0.19, with revenue of $3 million. Higher costs and raw-material shortages constrained production, while cash burn increased. Q3 results and estimates Shipments and cash burn
• Negative Sentiment: The Round Top project report has been delayed to Q3 2027, extending uncertainty around the project’s timeline. Q3 earnings call highlights

About USA Rare Earth

USA Rare Earth, Inc is developing a U.S.-focused supply chain for rare earth materials and permanent magnets used in electric vehicles, wind turbines, electronics, aerospace and defense applications. Its planned activities span mineral extraction, materials processing and magnet manufacturing.

The company is advancing the Round Top deposit in West Texas, a project that contains rare earth elements as well as other minerals used in advanced technologies. USA Rare Earth has described the deposit as a potential source of both light and heavy rare earths, which are important inputs for high-performance magnets and other industrial products.

USA Rare Earth is also developing magnet manufacturing capabilities in Stillwater, Oklahoma, and owns Less Common Metals, a U.K.-based producer of rare-earth metals and alloys.