USA Rare Earth Shares Surge 8.7%

Analysts Weigh In on What's Next for the Critical Minerals Company

Published on Mar. 2, 2026

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Shares of USA Rare Earth Inc. (NASDAQ:USAR) jumped 8.7% on Monday, trading as high as $20.92 before closing at $20.55. The company, which is focused on advancing a rare earth element and lithium project in West Texas, saw trading volume decline 69% from its average. Analysts have issued a range of ratings on the stock, from "sell" to "buy" with price targets as high as $35.

Why it matters

USA Rare Earth is working to develop a domestic supply of critical rare earth elements, which are essential for a variety of high-tech applications but have historically been dominated by China. The company's flagship Round Top project could help reduce U.S. reliance on foreign sources of these strategic minerals.

The details

USA Rare Earth is in the development stage for its Round Top project, which contains a large polymetallic concentration of light and heavy rare earth elements, lithium, and other co-products. The company is working to advance the project through resource delineation, pilot-scale processing, and eventual commercial production. It is also engineering an on-site separation facility to produce mixed rare earth carbonates.

  • Shares of USA Rare Earth traded up 8.7% on Monday, March 2, 2026.

The players

USA Rare Earth Inc.

A development-stage critical minerals company focused on advancing a fully integrated rare earth element and lithium project in the United States.

Round Top

USA Rare Earth's flagship asset, a large polymetallic deposit in West Texas containing light and heavy rare earth elements, lithium, and other co-products.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

What’s next

Analysts will continue to monitor USA Rare Earth's progress in developing the Round Top project and bringing its on-site separation facility online.

The takeaway

USA Rare Earth's surge in share price highlights growing investor interest in domestic critical minerals production, as the company works to reduce U.S. reliance on foreign sources of these strategic resources.