USA Rare Earth Shares Rise 3.1% on Analyst Upgrades

Shares of the critical minerals company reach new highs as analysts boost price targets.

Mar. 11, 2026 at 9:34pm

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Shares of USA Rare Earth Inc. (NASDAQ:USAR) traded up 3.1% on Wednesday, reaching as high as $21.45 per share. The rise comes as several analysts have upgraded their price targets for the company, which is developing a large rare earth element and lithium project in West Texas.

Why it matters

USA Rare Earth is working to establish a domestic supply chain for critical rare earth minerals, which are essential for many high-tech applications but have historically been dominated by China. Increased investor interest and analyst optimism around the company's prospects could help accelerate its progress toward commercial production.

The details

The stock's gains were driven by a series of analyst upgrades and price target increases. Roth Mkm boosted its price target from $25 to $35, while Cantor Fitzgerald lifted its target from $28 to $35, both maintaining buy ratings. UBS Group and Canaccord Genuity Group also reiterated buy ratings with increased price targets.

  • USA Rare Earth stock closed at $20.45 on the previous trading day.
  • Shares traded as high as $21.45 on Wednesday, March 11, 2026.

The players

USA Rare Earth Inc.

A development-stage critical minerals company focused on advancing a rare earth element and lithium project in West Texas.

Roth Mkm

An equity research firm that covers USA Rare Earth and has a buy rating on the stock.

Cantor Fitzgerald

A global financial services firm that has a buy rating and increased price target on USA Rare Earth.

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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

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

The rising analyst sentiment and stock price for USA Rare Earth reflects growing investor interest in securing domestic supplies of critical minerals needed for clean energy and high-tech applications. The company's progress could have broader implications for reducing U.S. reliance on foreign sources of rare earths.