MP Materials Corp, traded on the NYSE under the symbol MP, is a key player in the rare earth materials sector. On September 22, 2025, Dennis Ip from Daiwa set a price target of $80 for MP Materials Corp (NYSE:MP). At that time, the stock was priced at $73.22, suggesting a potential increase of about 9.26%. This target reflects optimism about MP's future performance.
The potential for MP's growth is underscored by historical government spending patterns. As highlighted by InvestorPlace, past initiatives like the New Deal and the Defense Production Act have shown how government spending can impact markets. These initiatives have historically supported industries deemed critical, which could benefit MP Materials given its strategic importance.
MP's current stock price of $73.22 has fluctuated today between $69.53 and $73.29. Over the past year, the stock has reached a high of $82.50 and a low of $14.82. This volatility reflects the broader market dynamics and the specific challenges and opportunities facing the rare earth materials sector.
With a market capitalization of approximately $12.97 billion, MP is a significant player in its industry. The trading volume today is 10.51 million shares, indicating active investor interest. This level of activity suggests that investors are closely watching MP, likely due to its strategic importance and potential for growth amid government spending initiatives.
