MP Materials Stock Rises Amid Critical Minerals Rally

The company share price climbed 7.37% on Monday as broader market indexes and materials stocks saw gains.

Updated on Oct. 27, 2026 in Stock Markets

Bold flat-color editorial illustration of a vessel containing mineral dust, evoking the raw material basis of the critical minerals market. — MP Materials stock shares rose 7.37% on Monday, closing at $40.23, as a broader rally in the critical minerals sector gained momentum. AI Illustration. Upload story photo >

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MP Materials stock closed at $40.23 per share on October 27, 2026, marking a 7.37% increase. This move followed a sector-wide rally in critical minerals that saw gains across the materials industry.

Why it matters

The rise in MP Materials is linked to falling 10-year U.S. Treasury yields, which eased cost pressures on capital-intensive resource firms. This environment boosted sentiment for companies in the critical minerals space.

MP Materials closed at $40.23, while industry peers USA Rare Earth Inc and United States Antimony Corp rose 13.30% and 12.81% respectively. The Nasdaq index gained 1.24% and the S&P 500 rose 0.58% during the same session.

The players

MP Materials

This American company is a leading producer of rare earth materials essential for magnets and various high-tech industrial applications.

USA Rare Earth Inc

This corporation focuses on the domestic development of rare earth mineral projects within the United States.

United States Antimony Corp

This entity specializes in the production and sale of antimony and precious metals used in flame retardants and batteries.

Baird

This international financial services firm provides investment banking, capital markets, and private wealth management services.

Morgan Stanley

This multinational investment bank and financial services company provides institutional securities and investment management.

The details

The sector's growth was bolstered by a decline in the 10-year U.S. Treasury yield to one-month lows, keeping it below 5%. Despite recent volatility including a 13.58% decline over the past month, 15 of 17 analysts maintain a buy rating on MP Materials.

July 2026: A death cross formed for MP Materials stock.
October 1, 2026: Baird reduced its price forecast for the company to $65.
October 7, 2026: Morgan Stanley lowered its price forecast for the stock to $66.
October 27, 2026: Shares surged 7.37% to close at $40.23.
November 5, 2026: MP Materials is scheduled to report its latest financial results.

Market Dynamics

The stock's movement is heavily influenced by the 10-year U.S. Treasury yield, which dictates the cost of debt for heavy-industry firms. By remaining below 5%, these yields have provided a window for capital-intensive companies to see valuation support during broader index gains.

Retail investors should note that despite current analyst optimism with an average $64 price target, the stock has experienced recent volatility. Investors must weigh the potential 60.1% implied upside against the risks posed by recent technical indicators like the July death cross.

The takeaway

The recent rally in MP Materials highlights how critical minerals firms remain highly sensitive to fluctuations in Treasury yields. Investors are advised to monitor the upcoming November earnings report for confirmation of the company's financial outlook.

What happens next

MP Materials is expected to report a loss of 1 cent per share with estimated revenue of $116.68 million when it releases financial results on November 5, 2026.