USA Rare Earth (NASDAQ:USAR) Stock Price Up 3.5% – Time to Buy?

USA Rare Earth Inc. (NASDAQ:USAR) shares traded up 3.5% during trading on Thursday . The company traded as high as $15.94 and last traded at $15.63. Approximately 12,027,931 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 16,245,309 shares. The stock had previously closed at $15.10.

More USA Rare Earth News

Here are the key news stories impacting USA Rare Earth this week:

• Positive Sentiment: USA Rare Earth will work with Pasqal, a neutral-atom quantum-computing company, and Riven Systems, an AI-driven automated chemistry laboratory, to identify more efficient methods for separating rare-earth elements. USA Rare Earth, Pasqal and Riven Systems Partner to Advance Next-Generation Technologies for Critical Mineral Production
• Positive Sentiment: The companies plan to combine quantum machine learning, Riven’s automated experimentation capabilities and USA Rare Earth’s mineral-processing expertise. Testing will use material from USA Rare Earth’s Round Top project in Texas, potentially helping address a major bottleneck in domestic rare-earth production. USAR Turns To AI, Quantum Computing To Tackle A Key Supply Bottleneck
• Neutral Sentiment: The partnership strengthens USA Rare Earth’s technology and domestic critical-minerals narrative, but it is still an early-stage development effort. The announcement did not provide a commercial launch date, financial terms or expected revenue contribution, so near-term earnings impact remains uncertain. USA Rare Earth Teams With Pasqal, Riven to Develop Mineral Separation System

Analyst Ratings Changes

Several brokerages recently issued reports on USAR. Needham & Company LLC cut their target price on shares of USA Rare Earth from $39.00 to $33.00 and set a “buy” rating for the company in a research note on Wednesday, July 22nd. Cantor Fitzgerald restated an “overweight” rating on shares of USA Rare Earth in a research note on Tuesday, August 11th. Benchmark restated a “buy” rating on shares of USA Rare Earth in a research note on Wednesday, June 3rd. Roth Capital cut their price objective on USA Rare Earth from $40.00 to $30.00 and set a “buy” rating for the company in a research report on Tuesday, July 21st. Finally, Jefferies Financial Group began coverage on USA Rare Earth in a research note on Wednesday, September 2nd. They set a “buy” rating and a $21.00 target price for the company. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $33.71.

USA Rare Earth Price Performance

The company has a market capitalization of $3.82 billion, a P/E ratio of -6.43 and a beta of 2.58. The company’s 50-day moving average price is $17.12 and its two-hundred day moving average price is $19.82.

USA Rare Earth (NASDAQ:USAR) last announced its earnings results on Monday, August 10th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.08). The company had revenue of $5.82 million for the quarter. On average, analysts anticipate that USA Rare Earth Inc. will post -0.62 earnings per share for the current fiscal year.

Institutional Investors Weigh In On USA Rare Earth

A number of institutional investors have recently made changes to their positions in USAR. BlackRock Inc. bought a new stake in shares of USA Rare Earth in the second quarter valued at approximately $335,795,000. Weiss Asset Management LP bought a new position in USA Rare Earth during the 1st quarter worth $17,103,000. Encompass Capital Advisors LLC bought a new position in USA Rare Earth during the 1st quarter worth $7,038,000. Swiss National Bank raised its holdings in USA Rare Earth by 67.6% in the 1st quarter. Swiss National Bank now owns 150,500 shares of the company’s stock valued at $2,278,000 after acquiring an additional 60,700 shares in the last quarter. Finally, Man Group plc acquired a new position in USA Rare Earth in the 2nd quarter valued at $2,562,000.

USA Rare Earth Company Profile

USA Rare Earth, Inc is a U.S.-focused critical minerals company developing an integrated rare earth supply chain. Its activities center on the production of rare earth materials used in permanent magnets, electric vehicles, wind turbines, defense systems, electronics and other advanced technologies.

The company’s principal asset is the Round Top rare earth and critical minerals project in Hudspeth County, Texas. USA Rare Earth is advancing plans to mine and process ore from Round Top and produce separated rare earth oxides and other critical mineral products, including materials containing neodymium, praseodymium, dysprosium and terbium.