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USARUSA Rare Earth Inc
$10.54$2.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
USAR logo

USA Rare Earth Inc

USAR
NASDAQ · Industrial Materials
$10.54
At close - Oct 16, 4:00 PM EDT - USD
Market Cap$2.07B
P/E-3.2x
52W High$34.03
Volume10.9M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Nascent Revenue Inflection Amid Heavy Cash Burn

USA Rare Earth is transitioning from a development-stage entity to a commercial producer, with first meaningful revenue of $5.8M in 2026Q2 and a $1.5B cash position to fund its Round Top project. However, the company faces significant operational challenges, i...

GrowthAccelerating
ProfitabilityWeak
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

USAR price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

2/12 Beats

EPS beat 2 of last 12 quarters

02

Valuation risk

-105% Peers

P/E is 105% below peer median

03

Market leadership

RS 11 · Lag

Laggard (Underperforming 89% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 5

Market performance

Price History →

Trailing total returns as of 10/18/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
USAR-25.51%
S&P 500 (^GSPC)+11.72%
1-Year Return
USAR-63.07%
S&P 500 (^GSPC)+15.53%
3-Year Return
USAR-3.39%
S&P 500 (^GSPC)+67.78%
5-Year Return
USAR-3.39%
S&P 500 (^GSPC)+63.03%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-3.2x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-3.2x
N/A
N/A
EV/EBITDA
N/A
N/A
N/A
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$14.68+39.3%
Base (Fair)$16.10+52.8%
Bull$14.67+39.2%
$14.68 Bear$16.10 Base$14.67 Bull
Current Market Price: $10.54
Trades at a 34.5% discount to Base DCF ($16.10)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$2M
Net income
-$298M-1791.1% YoY
Free cash flow
-$86M-6073.8% YoY
Operating margin
-3621.6%
ROIC (TTM)-57.9%
Avg ROIC 5Y-
ROE (TTM)-112.9%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate2/12 (33%)
Revenue Beat Rate1/12 (33%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 10, 2026
-$0.15-33.9%
vs -$0.11
$6M-27.6%
vs $8M
Q2 2026
May 13, 2026
-$0.12+7.7%
vs -$0.13
$6M+34.6%
vs $4M
Q2 2026
Mar 30, 2026
-$0.19-58.3%
vs -$0.12
$2M-44.9%
vs $3M
Q4 2025
Nov 6, 2025
-$1.64-1582.1%
vs -$0.10
—
vs $312M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Schaeffers Research·3d ago
Rare Earths Stock Extends Slide, Eyes 52-Week Low

USA Rare Earth Inc (NASDAQ:USAR) stock is down 4.2% premarket to trade at $10.80, heading for a 52-week low and a sixth-straight loss.

247 Wallst·3d ago
Critical Metals Rises 4% on Trump’s Greenland Mineral Exploration Plan; USA Rare Earth Declines 3%, MP Materials Slips 2%

Trump's promise of massive Greenland mineral exploration sent one rare earth stock surging while leaving its closest peers behind, and the reason the gap opened up comes down to a single project on the island that no other U.S.-listed company holds.

24/7 Wall Street·5d ago
USA Rare Earth Drops 6% With Milestone-Based Government Funding Still Ahead of It; MP Materials Falls 6%, Critical Metals Holds Steady

Rare earth stocks are falling as a group, and USA Rare Earth (NASDAQ:USAR) stock is among the worst hit while its milestone-based government funding is still ahead of it. USA Rare Earth stock is at $11.

The Motley Fool·6d ago
USA Rare Earth's $2.8 Billion Brazil Deal vs. Its $1.2 Billion South Carolina Bet: Which One Actually Matters More?

USA Rare Earth is building a "mine-to-magnet" supply chain to break America's dependence on Chinese rare-earth and permanent magnets. The company acquired Serra Verde for $2.8 billion, giving it immediate access to the rare-earth elements it needs.

Filtered for USA Rare Earth IncMore Headlines
04

Compare before deciding

Benchmark USAR against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for USA Rare Earth Inc (USAR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
USAR logoUSARUSA Rare Earth IncCurrent
$10.54$2.07B-3.18—-18110.71%-112.91%—
MP logoMPMP Materials Corp.
$40.17$7.15B-80.3435.12%-19.85%-2.66%—
UUUU logoUUUUEnergy Fuels Inc.
$8.47$2.12B-22.89-15.61%-77.3%-11.22%—
NB logoNBNioCorp Developments Ltd.
$3.13$455.74M-8.68——-13.86%—
AMRK logoAMRKA-Mark Precious Metals, Inc.
$46.72$1.19B65.8013.19%0.08%1.78%—
LAC logoLACLithium Americas Corp.
$2.18$486.75M-4.27——-6.16%—

Compare USAR vs Peers

USA Rare Earth Inc (USAR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MP

Most directly comparable listed peer for USAR.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare USAR against a more recognizable public peer.

Peer Set

Compare Top 5

vs MP, UUUU, NB, AMRK

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

USAR SEC Filings & Documents

USA Rare Earth Inc (USAR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 10, 2026·SEC

Material company update

Aug 7, 2026·SEC

Material company update

Jul 23, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 30, 2026·SEC

FY 2025

Mar 31, 2025·SEC

10-Q Quarterly Reports

5
FY 2026

Aug 10, 2026·SEC

FY 2026

May 14, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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USAR Frequently Asked Questions

USA Rare Earth Inc (USAR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is USA Rare Earth Inc's revenue?

USA Rare Earth Inc (USAR) reported $13.2M in revenue for fiscal year 2025.

Is USAR profitable?

USA Rare Earth Inc (USAR) reported a net loss of $284.2M for fiscal year 2025.

Dividend & Returns
What is USAR's return on equity?

USA Rare Earth Inc (USAR) has a return on equity (ROE) of -112.9%. Negative ROE indicates the company is unprofitable.

What is USA Rare Earth Inc's free cash flow?

USA Rare Earth Inc (USAR) had negative free cash flow of $245.5M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in USAR back in 2022?

Total return calculator · dividends reinvested · 4+ years of data

See returns →