MP Materials Valuation Under Scrutiny Amid US Government Investment and Texas Expansion Plan

Sunday, Jan 11, 2026 9:38 am ET1min read
MP--

MP Materials' stock has surged after the US government took a 15% stake for $400m, tied to rare earth magnet production and a planned $1.2b Texas facility. The stock has returned 12.8% over 7 days and 9.4% over 1 month, but the 1-year total shareholder return suggests strong long-term gains. The most popular narrative suggests a fair value near $79, built around aggressive growth in higher-margin magnet and refining operations. However, a DCF fair value of $16.24 suggests the stock is overvalued.

MP Materials Valuation Under Scrutiny Amid US Government Investment and Texas Expansion Plan

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