MP Materials Stock Surged 170%, Here’s Why

MP Materials (MP)’s stock surge wasn’t just a numbers game—it skyrocketed 167%, fueled by a solid 12% revenue jump and a blockbuster 138% valuation boost. Behind the rally? Q2 wins, fresh earnings, strategic deals with Apple and DoD, and navigating China’s export hurdles. Let’s unpack the story.

So what is happening here? The stock price soared 167%, driven by a 12% rise in revenue and a huge 138% boost in valuation multiple. Let’s dive into the events behind these powerful shifts.

Before we get into details of events that led to stock surge, here is what market wisdom says: A single stock can be risky, but there is a huge value to a broader, diversified approach we take with the Trefis High Quality Portfolio. We go beyond just equities. Is a portfolio of 10% commodities, 10% gold, and 2% crypto in addition to equities and bonds likely to return more during the next 1-3 years, and protect you better if markets crash 20%? We have crunched the numbers.

Here Is Why MP Materials Stock Moved

• Q2 Earnings Beat: MP Materials reported strong Q2 2025 earnings, beating EPS and revenue estimates, leading to a stock surge.
• Q3 Earnings Report: Q3 2025 earnings showed an EPS beat but revenue miss, causing an initial stock dip then recovery.
• China Export Curbs: China’s expanded rare earth export restrictions in Oct ’25 boosted MP stock due to domestic supply focus.
• DoD Partnership: $400M DoD partnership in July ’25 to boost US rare earth magnet independence announced.
• Apple Partnership: $500M Apple partnership in July ’25 for recycled rare earth magnets in US announced.

Our Current Assesment Of MP Stock

Opinion: We currently find MP stock unattractive. Why so? Have a look at the full story. Read Buy or Sell MP Stock to see what drives our current opinion.

Risk: A solid way to gauge risk is by checking how much MP fell in past market shocks. During the Covid pandemic, it dropped about 28% from peak to trough. Things got rougher in the inflation shock, with a bigger dip of roughly 74%. Even with factors working in its favor, MP isn’t immune when markets sell off hard. These dips highlight that downside can still be steep when volatility hits.

MP stock may have seen strong gains recently, but investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.