Wall Street Zen upgraded shares of USA Rare Earth (NASDAQ:USAR – Free Report) from a strong sell rating to a sell rating in a research note issued to investors on Saturday.
Several other research firms have also recently commented on USAR. Cantor Fitzgerald raised their target price on USA Rare Earth from $30.00 to $35.00 and gave the company an “overweight” rating in a research report on Thursday. Roth Mkm set a $30.00 price target on USA Rare Earth in a research report on Monday, April 20th. Benchmark assumed coverage on USA Rare Earth in a research report on Wednesday, January 21st. They set a “buy” rating on the stock. Weiss Ratings upgraded USA Rare Earth from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Thursday. Finally, Northland Securities assumed coverage on USA Rare Earth in a research report on Thursday, April 23rd. They set an “outperform” rating and a $45.00 price target on the stock. Eight analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.40.
Check Out Our Latest Stock Analysis on USAR
USA Rare Earth Price Performance
USA Rare Earth (NASDAQ:USAR – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.16) by $0.04. The business had revenue of $5.70 million during the quarter. Equities analysts anticipate that USA Rare Earth will post -0.4 EPS for the current year.
Hedge Funds Weigh In On USA Rare Earth
Several hedge funds have recently modified their holdings of the company. Ascentis Independent Advisors bought a new stake in shares of USA Rare Earth during the 1st quarter worth $27,000. Larson Financial Group LLC boosted its stake in shares of USA Rare Earth by 217.5% during the 4th quarter. Larson Financial Group LLC now owns 2,092 shares of the company’s stock worth $25,000 after acquiring an additional 1,433 shares in the last quarter. National Bank of Canada FI boosted its stake in shares of USA Rare Earth by 110.0% during the 3rd quarter. National Bank of Canada FI now owns 2,100 shares of the company’s stock worth $36,000 after acquiring an additional 1,100 shares in the last quarter. KBC Group NV bought a new stake in shares of USA Rare Earth during the 1st quarter worth $35,000. Finally, NewEdge Advisors LLC boosted its stake in shares of USA Rare Earth by 158.2% during the 2nd quarter. NewEdge Advisors LLC now owns 2,324 shares of the company’s stock worth $25,000 after acquiring an additional 1,424 shares in the last quarter.
More USA Rare Earth News
Here are the key news stories impacting USA Rare Earth this week:
- Positive Sentiment: Cantor Fitzgerald raised its price target on USA Rare Earth to $35 from $30 and reiterated an Overweight rating, signaling continued bullishness on the company’s long-term prospects.
- Positive Sentiment: USA Rare Earth reported Q1 results that beat expectations on both EPS and revenue, helping support the stock after earnings; the company also ended the quarter with a large cash balance and highlighted major strategic progress. USA Rare Earth Stock Climbs After Q1 Earnings Release — Here’s Why
- Positive Sentiment: The company said it commissioned Phase 1a of its magnet line in Oklahoma and is targeting 600 metric tons by 2026, a step that supports its mine-to-magnet growth plan and future NdFeB order fulfillment. Will Stillwater Facility Ramp-Up Drive Long-Term Growth for USAR?
- Neutral Sentiment: Recent transcripts and commentary emphasized USA Rare Earth’s strategic transformation, including the Serra Verde and Carester transactions and broader mine-to-magnet integration efforts, which are more important for the long term than near-term earnings.
- Negative Sentiment: Despite the upbeat fundamental updates, shares are softer today as investors appear to be rotating out of risk assets in a broad market selloff, overshadowing the bullish analyst and operating news. USA Rare Earth Shares Fall As Broad Market Selloff Overshadows Bullish Outlook
About USA Rare Earth
USA Rare Earth (NASDAQ: USAR) is a development-stage critical minerals company focused on advancing a fully integrated rare earth element (REE) and lithium project in the United States. Its flagship asset is the Round Top deposit in West Texas, a large, polymetallic concentration of light and heavy rare earth elements, lithium and other co-products. The company seeks to move this asset through resource delineation, pilot-scale processing and eventual commercial production to address growing domestic demand for secure REE supply chains.
In addition to exploration, USA Rare Earth is engineering an on-site separation facility that will utilize dry magnetic separation and hydrometallurgical flowsheets to produce mixed rare earth carbonates.
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