MP — Stock Film
STOCK FILMSCENE 1/11MP · $50.51
Stock Expert AI presents
MP
MP Materials Corp
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
MP Materials Corp. What it actually does.

Operates the Mountain Pass Rare Earth mine in California. Extracts and processes rare earth minerals. Now — the numbers.

on the stock market since 2020
998 employees
$9B market value
Revenue last year:
$224.4M
The loss that same year:
$85.9M
For every $1 it earns, the company spends $1.4.

The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
Sales have been shrinking.

An average decline of 9% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.

$332M
2021
2022
2023
2024
$224.4M
2025
In the vault right now:
$1.8B
DEBT: $1.0B
At this pace, that money lasts about 21.3 years.

At this burn rate the cash pile isn’t the pressing question — for now, time is on the company’s side.

THE PRICE TAG
MARKET VALUE / ANNUAL SALES
40.1×

This company is not turning a profit, so the market is pricing its sales instead: 40.1× for every dollar of annual revenue.

Against companies in its own sector, it looks cheaper than 11% of them.

Analysts' average target sits 60% above today's price.

THE COUNCIL REVIEW
9

angles, checked one by one.

The 2 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

WEAK SPOTS
The stock has lost its spark0/10
Costs eat into the margin4/10
WORTH WATCHING

Cost Efficiency: As sales grow, profit fails to keep the same pace.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 49% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/1
The product is selling

Sales run at $224.4M a year. A small number, but proof the product has real buyers.

1
THE RISKS · 1/3
Small sales, big loss

A loss of $85.9M against $224.4M in annual sales.

2
THE RISKS · 2/3
The price runs ahead of the earnings

Today’s price already includes part of tomorrow’s optimism. Report-card grade: 11/100.

3
THE RISKS · 3/3
The business trails its class

Measured against its sector, the quality of the business sits below the class average. Report-card grade: 16/100.

FINALE · THE GRADE
F
28 / 100 · MoonshotScore

On our five-subject report card, MP sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: MP is a high-risk stock — not yet profitable, and its future rides on its product catching on.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

Analysts’ average target sits above today’s price, yet the valuation grade (11/100) says the stock isn’t cheap.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film