MP Materials (MP) stock forecast for 2024. Forecast tables and graphs.

MP Materials (MP) stock forecast for 2024

Last update: January 27, 2023 (07:18)

Sector: Basic materials

The share price of MP Materials Corp. (MP) now

What analysts predict: $44.14
52-week High/Low: $60.19 / $23.5

50/200 Day Moving Average: $29.83 / $33.39

This figure corresponds to the Average Price over the previous 50/200 days. For MP Materials stocks, the 50-day moving average is the resistance level today.

For MP Materials stocks, the 200-day moving average is the resistance level today.

Are you interested in MP Materials stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the MP Materials stock price in 2024. How much will one MP Materials share be worth in 2024? Is it worth taking profit / loss on MP Materials stock now or waiting? What are analysts' forecasts for MP Materials stock?

We forecast MP Materials stock performance using neural networks based on historical data on MP Materials stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The MP Materials stock prediction results are shown below and presented as a graph, table and text information.

MP Materials stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for MP Materials analysts is $44.14.

Today 200 Day Moving Average is the resistance level (33.39 $).

50 Day Moving Average is the resistance level (29.83 $).





Historical and forecast chart of MP Materials stock

The chart below shows the historical price of MP Materials stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the MP Materials stock price can be found in the table below.

MP Materials (MP) Forecast for 2024

Month Target Pes. Opt. Vol., %
Jan 19.23 17.96 20.36 11.76 %
Feb 18.57 17.06 19.90 14.27 %
Mar 18.04 17.04 19.72 13.59 %
Apr 19.61 17.67 21.05 16.07 %
May 20.34 19.58 22.51 13.01 %
Jun 19.85 18.10 20.87 13.27 %
Jul 21.91 20.69 22.83 9.36 %
Aug 20.33 19.45 21.12 7.94 %
Sep 21.28 19.07 22.52 15.30 %
Oct 21.72 19.18 22.90 16.22 %
Nov 21.59 19.84 22.27 10.91 %
Dec 19.13 18.16 20.39 10.98 %

MP Materials information and performance

MP Materials Corp. owns and operates complex facilities for the extraction and processing of rare earth elements. He owns and operates the Mountain Pass located in the Western Hemisphere. The company owns the mining rights at the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. He suggests neodymium and praseodymium, which are rare earth elements that combine to form neodymium-praseodymium.

MP Materials Address

1345 AVENUE OF THE AMERICAS, NEW YORK, NY, US

Market Capitalization: 5 457 672 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 382 673 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 21.8

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 1.41

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.462
Quarterly Revenue Growth YOY: 0.248
Trailing PE: 21.8

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 26.18

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 9.18

Enterprise Value (EV) /Revenue

EV To EBITDA: 13.12

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 177543000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

MP Materials price target for 2024 by month


Target values for the price of one MP Materials share for Jan 2024.

The weighted average target price per MP Materials share in Jan 2024 is: 19.23.
In Jan, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 11.762% volatility is expected.
Pessimistic target level: 17.96
Optimistic target level: 20.36

Target values for the price of one MP Materials share for Feb 2024.

The weighted average target price per MP Materials share in Feb 2024 is: 18.57.
In Feb, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 14.273% volatility is expected.
Pessimistic target level: 17.06
Optimistic target level: 19.90

Target values for the price of one MP Materials share for Mar 2024.

The weighted average target price per MP Materials share in Mar 2024 is: 18.04.
In Mar, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 13.586% volatility is expected.
Pessimistic target level: 17.04
Optimistic target level: 19.72

Target values for the price of one MP Materials share for Apr 2024.

The weighted average target price per MP Materials share in Apr 2024 is: 19.61.
In Apr, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 16.069% volatility is expected.
Pessimistic target level: 17.67
Optimistic target level: 21.05

Target values for the price of one MP Materials share for May 2024.

The weighted average target price per MP Materials share in May 2024 is: 20.34.
In May, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 13.014% volatility is expected.
Pessimistic target level: 19.58
Optimistic target level: 22.51

Target values for the price of one MP Materials share for Jun 2024.

The weighted average target price per MP Materials share in Jun 2024 is: 19.85.
In Jun, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 13.273% volatility is expected.
Pessimistic target level: 18.10
Optimistic target level: 20.87

Target values for the price of one MP Materials share for Jul 2024.

The weighted average target price per MP Materials share in Jul 2024 is: 21.91.
In Jul, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 9.357% volatility is expected.
Pessimistic target level: 20.69
Optimistic target level: 22.83

Target values for the price of one MP Materials share for Aug 2024.

The weighted average target price per MP Materials share in Aug 2024 is: 20.33.
In Aug, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 7.940% volatility is expected.
Pessimistic target level: 19.45
Optimistic target level: 21.12

Target values for the price of one MP Materials share for Sep 2024.

The weighted average target price per MP Materials share in Sep 2024 is: 21.28.
In Sep, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 15.305% volatility is expected.
Pessimistic target level: 19.07
Optimistic target level: 22.52

Target values for the price of one MP Materials share for Oct 2024.

The weighted average target price per MP Materials share in Oct 2024 is: 21.72.
In Oct, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 16.224% volatility is expected.
Pessimistic target level: 19.18
Optimistic target level: 22.90

Target values for the price of one MP Materials share for Nov 2024.

The weighted average target price per MP Materials share in Nov 2024 is: 21.59.
In Nov, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 10.907% volatility is expected.
Pessimistic target level: 19.84
Optimistic target level: 22.27

Target values for the price of one MP Materials share for Dec 2024.

The weighted average target price per MP Materials share in Dec 2024 is: 19.13.
In Dec, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 10.975% volatility is expected.
Pessimistic target level: 18.16
Optimistic target level: 20.39



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.