USA Rare Earth (USAR) Receives a Rating Update from a Top Analyst
In a report released today, Sujeeva De Silva from Roth MKM maintained a Buy rating on USA Rare Earth, with a price target of $40.00.
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De Silva covers the Technology sector, focusing on stocks such as D-Wave Quantum, Marvell, and Pixelworks. According to TipRanks, De Silva has an average return of 64.6% and a 61.74% success rate on recommended stocks.
Currently, the analyst consensus on USA Rare Earth is a Strong Buy with an average price target of $38.50.
Based on USA Rare Earth’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.7 million and a GAAP net loss of $66.99 million. In comparison, last year the company had a net profit of $51.83 million
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- Funding deals give USA Rare Earth $3.5B in capital commitment, says Roth Capital
- USA Rare Earth price target raised to $40 from $35 at Cantor Fitzgerald
- USA Rare Earth finalized funding agreements with Department of Commerce
- USA Rare Earth Secures Major CHIPS Program Funding Package
- Neal Dingmann Reiterates Buy on USA Rare Earth’s Integrated Rare Earths Platform, Serra Verde Acquisition, and Expansion Supporting $40 Price Target (~30% Upside)
