MP Materials Corp. $MP Shares Acquired by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS raised its holdings in shares of MP Materials Corp. (NYSE:MP) by 45.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 109,473 shares of the company’s stock after purchasing an additional 33,965 shares during the period. Kornitzer Capital Management Inc. KS owned 0.06% of MP Materials worth $5,177,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Pictet Asset Management Holding SA grew its position in shares of MP Materials by 7.2% during the 3rd quarter. Pictet Asset Management Holding SA now owns 26,092 shares of the company’s stock worth $1,234,000 after buying an additional 1,763 shares during the period. Alps Advisors Inc. grew its holdings in MP Materials by 26.0% during the third quarter. Alps Advisors Inc. now owns 763,110 shares of the company’s stock valued at $36,087,000 after purchasing an additional 157,272 shares during the period. International Assets Investment Management LLC acquired a new position in MP Materials during the third quarter valued at approximately $338,000. Kestra Advisory Services LLC acquired a new position in MP Materials during the third quarter valued at approximately $3,986,000. Finally, Commonwealth Equity Services LLC increased its stake in MP Materials by 25.5% in the third quarter. Commonwealth Equity Services LLC now owns 88,945 shares of the company’s stock valued at $4,206,000 after purchasing an additional 18,082 shares in the last quarter. 52.55% of the stock is currently owned by institutional investors.

Key Stories Impacting MP Materials

Here are the key news stories impacting MP Materials this week:

• Positive Sentiment: MP reported a surprise adjusted profit of $0.04 per share, versus analysts’ expected loss, while revenue rose 175.7% year over year to $147.66 million—above estimates. MP Materials posts surprise adjusted profit
• Positive Sentiment: Operational progress adds to the earnings beat: NdPr production surged 41%, the company reported a $1.34 billion cash reserve, and it completed GM’s magnet qualification. Commercial deliveries and related revenue are slated to start in Q4. MP Materials Q3 earnings call highlights
• Neutral Sentiment: The next test is execution: GM sales have not yet begun, and the company’s reported net margin remained negative. Investors will look for Q4 deliveries to translate the production and qualification milestones into sustained revenue and profitability. MP Materials reports third-quarter 2026 results

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MP. Jefferies Financial Group reiterated a “buy” rating on shares of MP Materials in a report on Tuesday, September 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of MP Materials in a research report on Thursday, October 15th. Wall Street Zen raised MP Materials from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Research cut shares of MP Materials from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. Finally, Needham & Company LLC dropped their price objective on MP Materials from $81.00 to $73.00 and set a “buy” rating on the stock in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.92.

MP Materials Stock Down 0.1%

MP stock opened at $35.38 on Monday. MP Materials Corp. has a fifty-two week low of $31.90 and a fifty-two week high of $76.80. The stock has a market capitalization of $6.30 billion, a price-to-earnings ratio of -160.81 and a beta of 2.05. The business’s fifty day moving average price is $45.65 and its two-hundred day moving average price is $54.44. The company has a debt-to-equity ratio of 0.48, a current ratio of 6.75 and a quick ratio of 6.04.

MP Materials (NYSE:MP) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.06. The firm had revenue of $147.66 million during the quarter, compared to the consensus estimate of $117.37 million. MP Materials had a negative net margin of 9.90% and a negative return on equity of 0.05%. The business’s revenue for the quarter was up 175.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.10) EPS. On average, equities analysts anticipate that MP Materials Corp. will post -0.21 earnings per share for the current year.

MP Materials Profile

MP Materials operates the Mountain Pass rare earth mine and processing facility in California. The site is a major North American source of rare earth materials, which are used in products such as electric vehicles, wind turbines, electronics and defense systems.

The company mines and processes rare earth ore into concentrate and separated products, including neodymium-praseodymium (NdPr), a key input for high-strength permanent magnets. MP Materials is also developing domestic magnet manufacturing capabilities to extend its business further along the supply chain.

Mountain Pass has a long history of rare earth production, and MP Materials acquired the site’s operating assets in 2017.