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NASDAQ · US · Other Industrial Metals & Mining

USAR USA Rare Earth

US magnet manufacturing

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$9.16
−1.77% today
1W
−9.2%
1M
−39.6%
3M
−34.8%
YTD
−23.0%
1Y
−61.1%
Off 52w high
−70.2%
Next earnings (est.): 2026-11-05
Market cap$3.50B
P/E (trailing)—Forward 311.0
EV / sales63.7×EV/EBITDA -7.8×
Revenue (TTM)$13.16MGrowth — y/y
Margins-9.7%gross · op -795.6%
Free cash flow-$284MCash $1.53B · debt $3.20M
Analyst target$35.56+288.0% upside · 9 analysts · none
Riskβ 2.68Short 12.1% of float

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

USAR · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

6 events
  1. 6
    2026-08-10EarningsMiss / cut

    Reported EPS -0.15 vs -0.13 expected (-19.1% surprise).

  2. 5
    2026-05-13EarningsBeat / raise

    Reported EPS -0.12 vs -0.22 expected (+46.7% surprise).

  3. 4
    2026-03-30EarningsMiss / cut

    Reported EPS -0.19 vs -0.14 expected (-39.0% surprise).

  4. 3
    2025-11-06EarningsMiss / cut

    Reported EPS -0.25 vs -0.07 expected (-275.0% surprise).

  5. 2
    2025-08-11EarningsBeat / raise

    Reported EPS -0.08 vs -0.13 expected (+38.5% surprise).

  6. 1
    2025-05-14EarningsBeat / raise

    Reported EPS 0.58 vs -0.04 expected (+1550.0% surprise).

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-08-10-0.13-0.15−19.1%
2026-05-13-0.22-0.12+46.7%
2026-03-30-0.14-0.19−39.0%
2025-11-06-0.07-0.25−275.0%
2025-08-11-0.13-0.08+38.5%
2025-05-14-0.040.58+1550.0%

About USA Rare Earth

Website ↗

USA Rare Earth, Inc. engages in mining, processing, and supplying rare earths and other critical minerals in the United States, Europe, and Asia. It primarily explores neodymium, dysprosium, terbium, yttrium, gallium, hafnium, praseodymium, samarium, oxides, and other critical minerals. The company holds interests in the Round Top Mountain located near Sierra Blanca, Texas. It products are used in aerospace, defense, semiconductors, data centers, physical AI, energy, mobility, healthcare, and numerous industrial sectors. It has a hydrometallurgical demonstration facility in Wheat Ridge, Colorado. USA Rare Earth, Inc. has a strategic partnership with Pasqal and Riven Systems to develop next-generation separation technology for the rare earth value chain. USA Rare Earth, Inc. was founded in 2019 and is based in Stillwater, Oklahoma.

132 employees · Stillwater, United States

China controls most rare-earth separation and magnet production and has used export licensing. Every motor, robot and drone depends on it.

Mine→Separation→Metal→Magnet

What would prove us wrong. Weakens if non-China separation and magnet plants reach nameplate on schedule.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
MP
MP Materials
US rare-earth mine and magnet plant $37.91−1.03%−22.4%−25.0%
LYC.AX
Lynas Rare Earths
Largest non-China rare-earth separator A$11.27+5.23%−20.8%−9.4%
600111.SS
China Northern Rare Earth
Largest light rare-earth producer ¥36.29−0.66%−1.2%−21.1%
ILU.AX
Iluka Resources
Rare-earth refinery under construction A$5.07+2.22%−13.6%−11.7%
NEO.TO
Neo Performance Materials
Magnet plant in Estonia C$24.80+1.81%−23.4%+61.0%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.