1492 Capital Management LLC Buys Shares of 82,783 USA Rare Earth Inc. $USAR

1492 Capital Management LLC bought a new stake in shares of USA Rare Earth Inc. (NASDAQ:USAR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 82,783 shares of the company’s stock, valued at approximately $985,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Pier 88 Investment Partners LLC lifted its holdings in shares of USA Rare Earth by 2.5% in the 4th quarter. Pier 88 Investment Partners LLC now owns 34,700 shares of the company’s stock worth $413,000 after purchasing an additional 840 shares during the last quarter. SBI Securities Co. Ltd. grew its stake in USA Rare Earth by 20.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 5,522 shares of the company’s stock worth $66,000 after buying an additional 936 shares during the last quarter. Advisory Services Network LLC increased its position in USA Rare Earth by 2.0% in the third quarter. Advisory Services Network LLC now owns 52,366 shares of the company’s stock worth $900,000 after buying an additional 1,032 shares during the period. National Bank of Canada FI grew its position in shares of USA Rare Earth by 110.0% during 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 during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of USA Rare Earth by 158.2% in 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 during the period.

USA Rare Earth Price Performance

USAR opened at $27.98 on Thursday. The company has a market capitalization of $6.24 billion, a price-to-earnings ratio of -7.14 and a beta of 2.33. The business has a 50 day moving average price of $21.88 and a two-hundred day moving average price of $19.15. USA Rare Earth Inc. has a 1-year low of $9.01 and a 1-year high of $43.98.

USA Rare Earth (NASDAQ:USAR) last released its earnings results on Wednesday, May 13th. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.04. The firm had revenue of $5.70 million for the quarter. Equities analysts expect that USA Rare Earth Inc. will post -0.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on USAR. Roth Mkm set a $30.00 price target on shares of USA Rare Earth in a research note on Monday, April 20th. Wall Street Zen upgraded USA Rare Earth from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. Northland Securities began 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. Needham & Company LLC began coverage on shares of USA Rare Earth in a research note on Monday. They set a “buy” rating and a $39.00 price objective on the stock. Finally, Cantor Fitzgerald upped their price objective on shares of USA Rare Earth from $30.00 to $35.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $36.00.

USA Rare Earth News Roundup

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

• Positive Sentiment: USA Rare Earth finalized definitive agreements with the U.S. Department of Commerce that unlock access to up to $1.6 billion in federal support under the CHIPS Act, including up to $277 million in direct federal funding and up to $1.3 billion in senior secured loan capacity. Article: USA Rare Earth Finalizes Definitive Agreements with U.S. Department of Commerce, Unlocking Access to Up to $1.6 Billion to Advance the Leading Rare Earth Value Chain
• Positive Sentiment: The company selected Cherokee County, South Carolina, for a new $1.2 billion rare earth metals and magnet manufacturing facility, a move expected to expand U.S. production capacity and create about 490 jobs. Article: USA Rare Earth Selects Cherokee County, South Carolina for New Rare Earth Metal and Magnet Manufacturing Operation
• Positive Sentiment: Reuters and other outlets reported that the funding deal and South Carolina expansion reinforce USA Rare Earth’s strategy to build a vertically integrated domestic rare earth supply chain, which investors may view as a major strategic and political tailwind. Article: USA Rare Earth finalizes deals for up to $1.6 billion in funding under CHIPS Act
• Neutral Sentiment: The company also presented at the William Blair Growth Stock Conference, which is usually an informational event rather than a direct market catalyst. Article: USA Rare Earth, Inc. (USAR) Presents at 46th Annual William Blair Growth Stock Conference – Slideshow
• Negative Sentiment: Some coverage noted a “speed bump” in the stock after the announcement, suggesting investors may be pausing to reassess the deal structure, including federal warrants and equity participation, following a strong run in rare earth shares. Article: USA Rare Earth Hits Speed Bump As It Unlocks $1.6 Billion In U.S. Funding

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.