MP Materials Soars 2.89% on Defense, Apple Deals

MP Materials(MP)跌6.66%。，The share price surged to a record high today,with an intraday gain of 2.89%.

The strategy of purchasing MP shares upon reaching a recent high and holding for one week yielded substantial returns over the past five years. The approach achieved an average annual return of 283.18% during this period, significantly outperforming the S&P 500's return of 94.79%. This highlights the effectiveness of this strategy in capturing the stock's volatility and trend-based movements, making it a profitable approach for investors with a moderate to high risk tolerance.

MP Materials has seen significant stock price movements recently due to several key developments. On July 10, 2025, the company's shares surged following the announcement of a multi-billion-dollar commitment from the U.S. Department of Defense, which became the largest shareholder with a $400 million equity investment. This investment underscores the strategic importance of MP Materials in reducing U.S. reliance on China for rare earth elements and enhancing domestic production capacity.

In addition to the Department of Defense investment, MP Materials secured a $500 million deal with Apple to supply rare earth magnets manufactured in the U.S. from recycled materials. This partnership not only enhances MP Materials' capacity to supply millions of devices but also aligns with Apple's sustainability goals. The deal is a significant milestone for MP Materials, demonstrating its ability to secure high-value contracts with major tech companies.

JP Morgan also raised its price target for MP Materials from $18.00 to $64.00, reflecting a 255% increase. This adjustment is likely influenced by the strategic investments and partnerships that MP Materials has secured, positioning the company for substantial growth in the rare earth elements market. The increased price target indicates strong confidence in MP Materials' future prospects and its role in the global supply chain for critical materials.