PNC Financial Services Group Inc. bought a new position in USA Rare Earth Inc. (NASDAQ:USAR – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 31,220 shares of the company’s stock, valued at approximately $372,000.
Several other hedge funds have also added to or reduced their stakes in USAR. Larson Financial Group LLC boosted its holdings in USA Rare Earth by 217.5% in the fourth 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. NewEdge Advisors LLC boosted its holdings in USA Rare Earth by 158.2% in the second 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. Center for Financial Planning Inc. bought a new stake in USA Rare Earth in the fourth quarter worth $28,000. National Bank of Canada FI boosted its holdings in USA Rare Earth by 110.0% in the third 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. Finally, Osaic Holdings Inc. bought a new stake in USA Rare Earth in the second quarter worth $38,000.
Analysts Set New Price Targets
Several equities research analysts have commented on the company. Wall Street Zen raised USA Rare Earth from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Cantor Fitzgerald boosted their price target on USA Rare Earth from $30.00 to $35.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Northland Securities started coverage on USA Rare Earth in a research note on Thursday, April 23rd. They issued an “outperform” rating and a $45.00 price target for the company. Roth Mkm set a $30.00 price target on USA Rare Earth in a research note on Monday, April 20th. Finally, Needham & Company LLC started coverage on USA Rare Earth in a research note on Monday. They issued a “buy” rating and a $39.00 price target for the company. Nine research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $36.00.
USA Rare Earth Price Performance
USAR stock opened at $30.70 on Wednesday. USA Rare Earth Inc. has a 1-year low of $8.77 and a 1-year high of $43.98. The business has a fifty day moving average price of $21.38 and a 200-day moving average price of $18.96. The stock has a market capitalization of $6.85 billion, a P/E ratio of -7.83 and a beta of 2.33.
USA Rare Earth (NASDAQ:USAR – Get Free Report) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.04. The business had revenue of $5.70 million during the quarter. As a group, analysts anticipate that USA Rare Earth Inc. will post -0.33 earnings per share for the current year.
Trending Headlines about USA Rare Earth
Here are the key news stories impacting USA Rare Earth this week:
- Positive Sentiment: USA Rare Earth announced it will invest about $1.2 billion in a new South Carolina facility, aimed at expanding domestic production of magnets, refined metals, strip-cast materials and alloys. The project is expected to create roughly 490 high-skill jobs and strengthen the company’s U.S. mine-to-magnet strategy. Reuters article
- Positive Sentiment: Investors also reacted to the company’s broader growth plans, including an expanded commitment to France with more than €175 million in planned investment through 2030. That supports additional capacity for metal, alloy and magnet production and signals a larger global footprint. Proactive Investors article
- Positive Sentiment: USA Rare Earth was also selected for up to $19.3 million in Department of Energy funding to advance a pilot rare earth separation facility, which could help accelerate U.S. processing capacity and improve the company’s financing outlook. Zacks article
- Positive Sentiment: Analyst and sector commentary has also been supportive, with rare earth stocks broadly benefiting from renewed investor interest in domestic supply-chain names and defense/EV-related materials. Yahoo Finance article
USA Rare Earth Profile
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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