PerpEquities

Equity

MP Materials Corp. (MP) perpetual futures

MP perpetual futures on 10 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade MPUSDT.

MP Materials Corp. operates the Mountain Pass rare earth mine in the US, producing elements like neodymium and praseodymium.

$46.29-2.5%NYSE closed
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Collecting venue price data...
venue perp mark · KuCoin (MP/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

10/10 live markets
Venues
10
Live markets
10/10
24h volume
$2MCoverage: 8/10 marketsExchange-reported volume: $5.3M
Open interest
$1.4MCoverage: 8/10 markets
Best liquidity
$483K
LBank
Tightest spread
+2.2 bps
Bitunix
Highest volume
$433.7K
Bitget
Settlement mix
USDT · 10/10
Perp/spot vol.
0.01x
Spot volume $315M
OI / float
+0.02%
Float $6.7B
Spot performance
1D-2.54%
5D-6.51%
1M-14.24%
6M-4.79%
YTD-8.77%
1Y-31.85%

Venue matrix

10 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
BitgetTradeMP/USDTTrading$46.290.0% APR
0.000% every 8h
+6.5 bps-$433.7K$419.4KUSDT20x
BinanceTradeMP/USDTTrading$46.260.0% APR
0.000% every 8h
+2.2 bps$30.5K$382.3K$51.4KUSDT-
LBankTradeMP/USDTTrading$46.290.0% APR
0.000% every 8h
+6.5 bps$483K$351.4K$83.7KUSDT50x
XT.comTradeMP/USDTTrading$46.25+11.0% APR
+0.010% every 8h
+6.5 bps$46.6K$285.3K$624.9KUSDT20x
OurbitTradeMP/USDTTrading$46.250.0% APR
0.000% every 8h
+2.2 bps-$280.9K$116.9KUSDT20x
BitunixTradeMP/USDTTrading$46.28+0.7% APR
+0.00065% every 8h
+2.2 bps$58.5K$106.6K-USDT20x
MEXCTradeMP/USDTTrading$46.180.0% APR
0.000% every 8h
+23.8 bps$52.4K$100.4K$70.1KUSDT20x
HTXTradeMP/USDTTrading$46.21-+28.1 bps$42K$9.5K-USDT-
KuCoinTradeMP/USDTTrading$46.250.0% APR
0.000% every 8h
+15.1 bps$1.5K$1.7M⚠$12.9KUSDT10x
BingXTradeMPUS-USDTTrading$46.28+5.5% APR
+0.00500% every 8h
+2.2 bps$38.1K$1.7M⚠$4.6KUSDT-

Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Adequate liquidity · 6 of 10 venues absorb $10k · Typical cost: +21.8 bps – +33.8 bps

Cheapest execution: LBank · +11.5 bps

Too thin: HTX, KuCoin

No fresh book data: Bitget, Ourbit

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

MP

Tightest spread

MP

Highest volume

MP

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 2h ago
Market cap
$8.2B
Updated 2h ago
Revenue
$305.4M
Trailing 12 months
Revenue growth
+100%
Next fiscal year
Profit margin
-19.9%
P/E
-134.8
Peer P/E 27.9
Free cash flow
-$504.6M
Trailing 12 months
More metrics
Net income
-$60.6M
Trailing 12 months
P/S
26.9
Peer P/E
27.9
Similar listed perps
Revenue estimate
$449.5M
Next fiscal year
Earnings
2026-11-05
Revenue est. $117.5M · Updated 2h ago
Dividend
-

Fundamental detail

Annual + quarterly
Latest revenue$224.4M
Net margin-38.3%
Free cash flow-$328.1M
Net debt-$122.9M
2020$134.3M
2021$332M
2022$527.5M
2023$253.4M
2024$203.9M
2025$224.4M
PeriodRevenueGrowthNet incomeFCF
2020$134.3M+83%-$21.8M-$19.1M
2021$332M+147%$135M-$21.9M
2022$527.5M+59%$289M$16.9M
2023$253.4M-52%$24.3M-$199.2M
2024$203.9M-20%-$65.4M-$173.1M
2025$224.4M+10%-$85.9M-$328.1M
PeriodGross marginOperating marginNet marginROEROA
2020+47.3%-25.8%-16.2%-2.6%-2.0%
2021+69.7%+49.8%+40.7%+13.4%+7.1%
2022+79.0%+62.1%+54.8%+22.0%+12.9%
2023+41.4%-7.0%+9.6%+1.8%+1.0%
2024-32.8%-83.1%-32.1%-6.2%-2.8%
2025-25.7%-64.6%-38.3%-3.6%-2.1%
PeriodCashDebtNet debtCurrent ratio
2020$519.7M$70.8M-$448.8M13.03
2021$1.2B$691.8M-$487.5M21.44
2022$136.6M$678.5M$541.8M13.27
2023$263.4M$688.8M$425.5M10.42
2024$282.4M$914.5M$632.1M6.29
2025$1.2B$1B-$122.9M7.24
PeriodMarket capEnterprise valueP/SP/E
2020$2.6B$2.1B19.1-119.1
2021$7.9B$7.4B23.758.2
2022$4.3B$4.8B8.114.8
2023$3.5B$3.9B13.9141.8
2024$2.6B$3.2B12.8-27.4
2025$8.6B$8.5B38.3-101.0
Q3 2024$62.9M
Q4 2024$61M
Q1 2025$60.8M
Q2 2025$57.4M
Q3 2025$53.6M
Q4 2025$52.7M
Q1 2026$90.6M
Q2 2026$108.5M
PeriodRevenueGrowthNet incomeFCF
Q3 2024$62.9M+20%-$25.5M-$53.3M
Q4 2024$61M+48%-$22.3M-$11.2M
Q1 2025$60.8M+25%-$22.6M-$93.7M
Q2 2025$57.4M+84%-$30.9M-$32.7M
Q3 2025$53.6M-15%-$41.8M-$92.5M
Q4 2025$52.7M-14%$9.4M-$109.3M
Q1 2026$90.6M+49%-$8M-$79.3M
Q2 2026$108.5M+89%-$20.3M-$223.5M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024-21.7%-62.8%-40.5%-2.4%-1.1%
Q4 2024-31.8%-72.1%-36.6%-2.1%-1.0%
Q1 2025-15.5%-57.2%-37.2%-2.2%-1.0%
Q2 2025-24.1%-76.5%-53.8%-3.1%-1.3%
Q3 2025-32.5%-122.5%-78.0%-1.8%-1.1%
Q4 2025-32.2%-4.8%+17.9%+0.4%+0.2%
Q1 2026-17.4%-20.1%-8.8%-0.3%-0.2%
Q2 2026+33.4%-13.5%-18.7%-1.0%-0.5%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$284.4M$943.7M$659.2M6.93
Q4 2024$282.4M$914.5M$632.1M6.29
Q1 2025$198.3M$916.2M$717.8M4.12
Q2 2025$261.5M$916.8M$655.3M3.60
Q3 2025$1.1B$1B-$112.3M8.05
Q4 2025$1.2B$1B-$122.9M7.24
Q1 2026$887.1M$1B$160.9M7.18
Q2 2026$429.1M$934.6M$505.5M9.51
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$2.9B$3.6B46.0-27.6
Q4 2024$2.5B$3.2B41.8-27.9
Q1 2025$4B$4.7B65.7-43.6
Q2 2025$5.5B$6.1B95.0-43.8
Q3 2025$11.7B$11.6B218.0-69.9
Q4 2025$9B$8.9B170.4238.3
Q1 2026$8.6B$8.7B94.6-269.3
Q2 2026$10B$10.5B92.0-127.3

Refreshed 2h ago

Charts: revenue, profit, cash flow & valuation
Revenue$108.5MQ2 2026
$27.1M$54.2M$81.4M$108.5MQ3 2023: $52.5MQ4 2023: $41.2MQ1 2024: $48.7MQ2 2024: $31.3MQ3 2024: $62.9MQ4 2024: $61MQ1 2025: $60.8MQ2 2025: $57.4MQ3 2025: $53.6MQ4 2025: $52.7MQ1 2026: $90.6MQ2 2026: $108.5MQ3 2023Q2 2026
Net income-$20.3MQ2 2026
-$27.2M-$12.6M$1.9M$16.5MQ3 2023: -$4.3MQ4 2023: -$16.3MQ1 2024: $16.5MQ2 2024: -$34.1MQ3 2024: -$25.5MQ4 2024: -$22.3MQ1 2025: -$22.6MQ2 2025: -$30.9MQ3 2025: -$41.8MQ4 2025: $9.4MQ1 2026: -$8MQ2 2026: -$20.3MQ3 2023Q2 2026
EBITDA$15.7MQ2 2026
-$9.3M$8.9M$27M$45.1MQ3 2023: $13.7MQ4 2023: -$917KQ1 2024: $45.1MQ2 2024: -$23.2MQ3 2024: -$8.9MQ4 2024: -$5.1MQ1 2025: $1.8MQ2 2025: -$16.5MQ3 2025: -$27.4MQ4 2025: $45.1MQ1 2026: $28.3MQ2 2026: $15.7MQ3 2023Q2 2026
Free cash flow-$223.5MQ2 2026
-$167.6M-$111.7M-$55.9MQ3 2023: -$47.7MQ4 2023: -$86.8MQ1 2024: -$93MQ2 2024: -$15.6MQ3 2024: -$53.3MQ4 2024: -$11.2MQ1 2025: -$93.7MQ2 2025: -$32.7MQ3 2025: -$92.5MQ4 2025: -$109.3MQ1 2026: -$79.3MQ2 2026: -$223.5MQ3 2023Q2 2026
EPS-$0.11Q2 2026
-$0.17-$0.1-$0.02$0.05Q3 2023: -$0.02Q4 2023: -$0.09Q1 2024: -$0.08Q2 2024: -$0.21Q3 2024: -$0.16Q4 2024: -$0.14Q1 2025: -$0.14Q2 2025: -$0.19Q3 2025: -$0.24Q4 2025: $0.05Q1 2026: -$0.04Q2 2026: -$0.11Q3 2023Q2 2026
Cash / Debt$429.1MQ2 2026
$291.5M$583M$874.5M$1.2BQ3 2023 · Cash: $547.7MQ3 2023 · Debt: $694.8MQ4 2023 · Cash: $264.6MQ4 2023 · Debt: $690.4MQ1 2024 · Cash: $297.2MQ1 2024 · Debt: $943.7MQ2 2024 · Cash: $296.7MQ2 2024 · Debt: $944.4MQ3 2024 · Cash: $284.4MQ3 2024 · Debt: $943.7MQ4 2024 · Cash: $282.4MQ4 2024 · Debt: $914.5MQ1 2025 · Cash: $198.3MQ1 2025 · Debt: $916.2MQ2 2025 · Cash: $261.5MQ2 2025 · Debt: $916.8MQ3 2025 · Cash: $1.1BQ3 2025 · Debt: $1BQ4 2025 · Cash: $1.2BQ4 2025 · Debt: $1BQ1 2026 · Cash: $887.1MQ1 2026 · Debt: $1BQ2 2026 · Cash: $429.1MQ2 2026 · Debt: $934.6MQ3 2023Q2 2026
CashDebt
Profitability+33.4%Q2 2026
-119.9%-68.6%-17.4%+33.9%Q3 2023 · Gross margin: +25.8%Q4 2023 · Gross margin: -2.4%Q1 2024 · Gross margin: -10.9%Q2 2024 · Gross margin: -90.9%Q3 2024 · Gross margin: -21.7%Q4 2024 · Gross margin: -31.8%Q1 2025 · Gross margin: -15.5%Q2 2025 · Gross margin: -24.1%Q3 2025 · Gross margin: -32.5%Q4 2025 · Gross margin: -32.2%Q1 2026 · Gross margin: -17.4%Q2 2026 · Gross margin: +33.4%Q3 2023 · Operating margin: -33.4%Q4 2023 · Operating margin: -81.6%Q1 2024 · Operating margin: -55.4%Q2 2024 · Operating margin: -171.1%Q3 2024 · Operating margin: -62.8%Q4 2024 · Operating margin: -72.1%Q1 2025 · Operating margin: -57.2%Q2 2025 · Operating margin: -76.5%Q3 2025 · Operating margin: -122.5%Q4 2025 · Operating margin: -4.8%Q1 2026 · Operating margin: -20.1%Q2 2026 · Operating margin: -13.5%Q3 2023 · Net margin: -8.1%Q4 2023 · Net margin: -39.5%Q1 2024 · Net margin: +33.9%Q2 2024 · Net margin: -108.9%Q3 2024 · Net margin: -40.5%Q4 2024 · Net margin: -36.6%Q1 2025 · Net margin: -37.2%Q2 2025 · Net margin: -53.8%Q3 2025 · Net margin: -78.0%Q4 2025 · Net margin: +17.9%Q1 2026 · Net margin: -8.8%Q2 2026 · Net margin: -18.7%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+89.0%Q2 2026
-16.1%+18.9%+54.0%+89.0%Q2 2024: -51.2%Q3 2024: +19.8%Q4 2024: +48.0%Q1 2025: +24.9%Q2 2025: +83.6%Q3 2025: -14.9%Q4 2025: -13.6%Q1 2026: +49.1%Q2 2026: +89.0%Q3 2023Q2 2026
Shares outstanding178.2MQ2 2026
49.8M99.6M149.4M199.2MQ3 2023: 177.2MQ4 2023: 177.6MQ1 2024: 186.8MQ2 2024: 165.3MQ3 2024: 164.1MQ4 2024: 163.4MQ1 2025: 163.8MQ2 2025: 163.8MQ3 2025: 175MQ4 2025: 199.2MQ1 2026: 199.2MQ2 2026: 178.2MQ3 2023Q2 2026
Valuation-127.3Q2 2026
-142.4-15.5111.4238.3Q3 2023 · P/E: -198.1Q4 2023 · P/E: -54.2Q1 2024 · P/E: 39.9Q2 2024 · P/E: -15.2Q3 2024 · P/E: -27.6Q4 2024 · P/E: -27.9Q1 2025 · P/E: -43.6Q2 2025 · P/E: -43.8Q3 2025 · P/E: -69.9Q4 2025 · P/E: 238.3Q1 2026 · P/E: -269.3Q2 2026 · P/E: -127.3Q3 2023 · P/S: 64.5Q4 2023 · P/S: 85.6Q1 2024 · P/S: 54.1Q2 2024 · P/S: 67.7Q3 2024 · P/S: 46.0Q4 2024 · P/S: 41.8Q1 2025 · P/S: 65.7Q2 2025 · P/S: 95.0Q3 2025 · P/S: 218.0Q4 2025 · P/S: 170.4Q1 2026 · P/S: 94.6Q2 2026 · P/S: 92.0Q3 2023Q2 2026
P/EP/S
Revenue$224.4M2025
$131.9M$263.8M$395.6M$527.5M2018: $67.4M2019: $73.4M2020: $134.3M2021: $332M2022: $527.5M2023: $253.4M2024: $203.9M2025: $224.4M20182025
Net income-$85.9M2025
$7.8M$101.6M$195.3M$289M2018: -$13.5M2019: -$6.8M2020: -$21.8M2021: $135M2022: $289M2023: $24.3M2024: -$65.4M2025: -$85.9M20182025
EBITDA$3M2025
$70.7M$168.9M$267.1M$365.3M2018: -$4.4M2019: $1.3M2020: -$27.5M2021: $193.5M2022: $365.3M2023: $94M2024: $7.7M2025: $3M20182025
Free cash flow-$328.1M2025
-$241.9M-$155.6M-$69.3M$16.9M2018: $12.4M2019: -$2.7M2020: -$19.1M2021: -$21.9M2022: $16.9M2023: -$199.2M2024: -$173.1M2025: -$328.1M20182025
EPS-$0.52025
-$0.05$0.48$1$1.522018: -$0.22019: -$0.12020: -$0.272021: $0.732022: $1.522023: $0.142024: -$0.572025: -$0.520182025
Cash / Debt$1.2B2025
$294.8M$589.6M$884.5M$1.2B2018 · Cash: $2.8M2018 · Debt: $20.9M2019 · Cash: $2.8M2019 · Debt: $18.7M2020 · Cash: $519.7M2020 · Debt: $70.8M2021 · Cash: $1.2B2021 · Debt: $691.8M2022 · Cash: $136.6M2022 · Debt: $678.5M2023 · Cash: $263.4M2023 · Debt: $688.8M2024 · Cash: $282.4M2024 · Debt: $914.5M2025 · Cash: $1.2B2025 · Debt: $1B20182025
CashDebt
Profitability-25.7%2025
-42.6%-2.0%+38.5%+79.0%2018 · Gross margin: +15.0%2019 · Gross margin: +7.6%2020 · Gross margin: +47.3%2021 · Gross margin: +69.7%2022 · Gross margin: +79.0%2023 · Gross margin: +41.4%2024 · Gross margin: -32.8%2025 · Gross margin: -25.7%2018 · Operating margin: -13.2%2019 · Operating margin: -10.4%2020 · Operating margin: -25.8%2021 · Operating margin: +49.8%2022 · Operating margin: +62.1%2023 · Operating margin: -7.0%2024 · Operating margin: -83.1%2025 · Operating margin: -64.6%2018 · Net margin: -20.0%2019 · Net margin: -9.2%2020 · Net margin: -16.2%2021 · Net margin: +40.7%2022 · Net margin: +54.8%2023 · Net margin: +9.6%2024 · Net margin: -32.1%2025 · Net margin: -38.3%20182025
Gross marginOperating marginNet margin
Revenue growth+10.1%2025
-2.2%+47.6%+97.4%+147.2%2019: +8.9%2020: +83.0%2021: +147.2%2022: +58.9%2023: -52.0%2024: -19.6%2025: +10.1%20182025
Shares outstanding170.1M2025
48.4M96.7M145.1M193.5M2018: 68.9M2019: 68.9M2020: 79.7M2021: 189.8M2022: 193.5M2023: 178.2M2024: 169.9M2025: 170.1M20182025
Valuation-101.02025
-53.911.376.6141.82018 · P/E: -50.02019 · P/E: -100.02020 · P/E: -119.12021 · P/E: 58.22022 · P/E: 14.82023 · P/E: 141.82024 · P/E: -27.42025 · P/E: -101.02018 · P/S: 9.92019 · P/S: 9.12020 · P/S: 19.12021 · P/S: 23.72022 · P/S: 8.12023 · P/S: 13.92024 · P/S: 12.82025 · P/S: 38.320182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-11-05
Revenue est. $117.5M · Updated 2h ago

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20260.04$449.5M+100%9
FY 20270.81$779.7M+247%10
FY 20281.34$971M+333%9
FY 20291.54$1.2B+413%3
FY 20302.65$1.9B+761%3
Q1 20290.25$189.4M+109%8

Company events

6
2026-11-05EarningsActual - / Estimate -0.01-
2026-08-06Earnings · After market closeActual -0.01 / Estimate -0.01Beat
2026-05-07EarningsActual 0.03 / Estimate -0.03Beat
2026-02-26EarningsActual 0.09 / Estimate 0.06Beat
2025-11-06EarningsActual -0.1 / Estimate -0.17Beat
2025-08-07EarningsActual -0.13 / Estimate -0.2Beat

Peer comparison

Similar listed perps

FMP company data

Company intelligence

Updated: Sep 18, 2026, 05:53 AM UTC

Company profile

Sector
Basic Materials
Industry
Industrial Materials
Chief executive
James Henry Litinsky
Employees
998
IPO date
Jun 22, 2020
Country
US
Exchange
New York Stock Exchange
Website
Altman Z-scorei3.61
Piotroski scorei2/9
FMP ratingiD+
Owner earningsi-$50.78M-$0.28 per share
ESG risk ratingiBIndustry rank: 23 out of 47

Rating factors

Return on equityi
1
Return on assetsi
1
Debt to equityi
2
Price to earningsi
1
Price to booki
1
Market cap history
$8.85B-18.1%Jun 26 – Sep 26
$7.66B$9.24B$10.81BHigh: $10.81B · 2026-06-17Low: $7.66B · 2026-07-27Latest: $8.85B · 2026-09-17Jun 26Jul 26Aug 26Sep 26
Latest: $8.85B · 2026-09-17High: $10.81B · 2026-06-17Low: $7.66B · 2026-07-27
Largest fund holders
FundWeightShares held
VTI0.01%5.1M
IJH0.19%4.7M
XAW.TO0.01%4.7M
NJH0.26%4.6M
ANNPX0.69%4M
VB0.11%3.7M
XME3.79%3.4M
REMX6.79%2.7M
VBK0.25%2.1M
REGB.L6.79%1.7M
VXF0.09%1.6M
XMMO0.76%1.1M

Analyst track record

How the analysts covering MP have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings87245
Analysts2025
Buy / hold / sell80 / 7 / 0184 / 61 / 0
Upgrades / downgrades / initiations4 / 0 / 77 / 3 / 11
Price targets hit / missed0 / 73 (0%)116 / 98 (54%)
Avg. return after a rating (TipRanks)-34.3%+50.1%
Best / worst call-10.8% / -56.0%+294.4% / -56.0%

After buy calls on this stock: median 21-day move +0.2% vs S&P 500 -1.3% (n = 188)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Lawson WinderBank of America Securities100% hit rate on this stock · 10 targets measuredBuytarget $85.00Aug 17, 2026
  2. Matt SummervilleD.A. Davidson100% hit rate on this stock · 8 targets measuredBuytarget $82.00Aug 21, 2026
  3. George GianarikasCanaccord Genuity94% hit rate on this stock · 18 targets measuredBuytarget $82.00Aug 6, 2026

Latest ratings

DateAnalystCallTarget
Oct 1, 2026Ben KalloRobert W. BairdBuyMaintained$65.00
Sep 16, 2026Vitaly KononovFreedom Capital MarketsHoldInitiated$57.00
Sep 16, 2026Vitaly KononovFreedom Capital MarketsHoldInitiated$57.00
Aug 21, 2026Matt SummervilleD.A. DavidsonBuyMaintained$82.00
Aug 19, 2026Carlos De AlbaMorgan StanleyBuyMaintained$73.00
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$40.00$50.00$60.00$70.00$80.00Oct 25 · Buy 9 · Hold 5 · Sell 0Oct 25Nov 25 · Buy 13 · Hold 2 · Sell 0Dec 25 · Buy 14 · Hold 1 · Sell 0Dec 25Jan 26 · Buy 15 · Hold 1 · Sell 0Feb 26 · Buy 14 · Hold 1 · Sell 0Feb 26Mar 26 · Buy 12 · Hold 1 · Sell 0Apr 26 · Buy 11 · Hold 0 · Sell 0Apr 26May 26 · Buy 13 · Hold 0 · Sell 0Jun 26 · Buy 14 · Hold 0 · Sell 0Jun 26Jul 26 · Buy 15 · Hold 0 · Sell 0Aug 26 · Buy 14 · Hold 0 · Sell 0Aug 26Sep 26 · Buy 14 · Hold 1 · Sell 0Oct 25 · avg. target $81.12Nov 25 · avg. target $78.20Dec 25 · avg. target $78.38Jan 26 · avg. target $78.71Feb 26 · avg. target $78.30Mar 26 · avg. target $75.66Apr 26 · avg. target $74.73May 26 · avg. target $77.73Jun 26 · avg. target $78.31Jul 26 · avg. target $76.18Aug 26 · avg. target $75.77Sep 26 · avg. target $74.43Oct 25 · month-end close $63.09Nov 25 · month-end close $61.95Dec 25 · month-end close $50.52Jan 26 · month-end close $58.77Feb 26 · month-end close $58.87Mar 26 · month-end close $48.26Apr 26 · month-end close $66.04May 26 · month-end close $64.70Jun 26 · month-end close $56.01Jul 26 · month-end close $41.37Aug 26 · month-end close $54.75Sep 26 · month-end close $48.83

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Oct 1, 2026 · 87 ratings

Frequently asked questions

Where can I trade MP perpetual futures?

MP Materials Corp. (MP) perpetual futures trade on 10 crypto venues, including KuCoin, BingX, Bitget. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade MP around the clock?

Yes. Unlike the underlying stock, MP perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on MP perpetuals?

Right now the MP perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +11.0% across 10 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the MP perp price compare to the MP Materials Corp. stock?

The venue-median MP perp mark is $46.3 versus a reference stock price of $46.3, a basis of -0.1%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a MP perpetual future?

A MP perpetual is a derivative that tracks the price of MP Materials Corp. with no expiry date. It lets you take long or short exposure to MP Materials Corp. on crypto venues, around the clock.

What is MPUSDT perpetual?

MPUSDT is the symbol most crypto exchanges use for the MP Materials Corp. perpetual settled in USDT (Tether). It tracks the MP share price through an index, trades 24/7 with leverage and never expires.

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