Barclays keeps USD 65.00 target for MP Materials stock

Published on 10/20/2026 at 20:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due November 5, 2026. MP Materials stock costs EUR 34.90 on October 20, 2026, while USD 39.08 sits 51.69 percent below its high.

Target and reporting date

Barclays maintained a USD 65.00 price target for MP Materials on October 5, 2026.
MP Materials will publish third-quarter 2026 results on November 5, 2026.
MP Materials stock costs EUR 34.90 at Lang & Schwarz on October 20, 2026.

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Barclays kept its USD 65.00 price target for MP Materials on October 5, 2026, while the stock's USD 39.08 primary-market price stood 51.69 percent below its 52-week high of USD 80.89. The analyst view gives investors a valuation marker ahead of the company's next report. MP Materials was trading at EUR 34.90 at Lang & Schwarz on October 20, 2026 at 8:40 p.m. CEST.

Barclays holds its target

According to Business Insider, Barclays analyst Richard Garchitorena maintained a Buy rating and set the USD 65.00 target on October 5, 2026. The report also cited a consensus target of USD 71.42, but the consensus figure is not used as the headline event.

Revenue rose in the second quarter

MP Materials generated USD 108.49 million of revenue in the second quarter of 2026, up 89.00 percent from USD 57.39 million in the second quarter of 2025. Business Wire reported that adjusted EBITDA reached USD 28.49 million, compared with a USD 12.54 million loss a year earlier. The improvement included USD 17.58 million from a price protection agreement.

Stock stays near its yearly low

The primary-market quote was USD 39.08 at 2:43 p.m. ET on October 20, 2026. MP Materials traded within a USD 37.81 to USD 80.89 52-week range, leaving the price 3.36 percent above the low and 51.69 percent below the high. Trading volume was 2,441,563 shares, while market capitalization stood at USD 7.0 billion.

November 5 is the next date

MP Materials will release its third-quarter 2026 results after the U.S. market close on November 5, 2026, and management will host a conference call at 5:00 p.m. ET. The date was announced by MP Materials on October 8, 2026. Separately, Zacks said the company expects commercial magnet shipments to begin in the fourth quarter of 2026.

What the figures indicate

The operating comparison is improving, but the company remains loss-making. MP Materials reported a USD 20.30 million net loss in the second quarter of 2026, compared with a USD 30.87 million loss in the second quarter of 2025, while the adjusted EBITDA change moved from negative USD 12.54 million to positive USD 28.49 million. For investors, the November report will show whether the revenue expansion and magnetics ramp continued beyond June.

Stock price and next report

MP Materials was trading at EUR 34.90 at Lang & Schwarz on October 20, 2026 at 8:40 p.m. CEST. The next scheduled company event is the third-quarter results release on November 5, 2026. The further course of trading is shown by the continuously updated real-time quote of MP Materials stock.