MP Materials price target raised to $100 from $90 at Wedbush

Wedbush analyst Sam Brandeis raised the firm’s price target on MP Materials (MP) to $100 from $90 and keeps an Outperform rating on the shares. The firm notes the company reported its Q1 results which featured strong beats across the board, highlighted by record NdPr oxide production and record NdPr Sales Volumes as MP continues to scale its vertically integrated mine-to-magnet platform. Wedbush has increased confidence in the MP growth story through 2026 and beyond as Magnetics commercial magnet deliveries inflect and continued NdPr oxide production scaling toward the year-end run rate target.