USA Rare Earth Shares Drop 6.4%

Analysts Weigh In on the Stock's Performance

Mar. 12, 2026 at 9:24pm

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Shares of USA Rare Earth Inc. (NASDAQ:USAR) dropped 6.4% during trading on Thursday, with the stock trading as low as $19.41 and closing at $19.75. The company, which is focused on advancing a rare earth element and lithium project in West Texas, saw a decline in trading volume compared to its average daily volume.

Why it matters

USA Rare Earth is a key player in the critical minerals industry, which is crucial for the production of various high-tech products. The company's performance and market valuation can impact its ability to secure funding and progress its flagship Round Top project, which could have implications for the domestic supply of rare earth elements.

The details

Several equity research analysts have issued reports on USA Rare Earth's stock, with some maintaining a 'buy' rating and others issuing a 'sell' recommendation. The company's market capitalization currently stands at $2.62 billion, with a price-to-earnings ratio of -37.98 and a beta of 1.05.

  • The stock's 50-day moving average is $19.81 and its 200-day moving average is $18.55.
  • The trading volume on Thursday was approximately 10,555,662 shares, a decline of 50% from the average daily volume of 21,021,508 shares.

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, with its flagship asset being the Round Top deposit in West Texas.

Weiss Ratings

An equity research firm that has issued a 'sell (d-)' rating on USA Rare Earth's shares.

Cantor Fitzgerald

An investment bank that has raised its target price on USA Rare Earth's shares from $28.00 to $35.00 and maintained an 'overweight' rating.

UBS Group

A financial services firm that has reaffirmed a 'buy' rating on USA Rare Earth's shares.

Canaccord Genuity Group

An investment bank that has boosted its price target on USA Rare Earth's shares from $23.00 to $33.00 and maintained a 'buy' rating.

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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 drop in USA Rare Earth's stock price highlights the volatility and uncertainty surrounding the critical minerals industry, which is essential for the production of various high-tech products. The company's ability to progress its flagship Round Top project and secure a stable domestic supply of rare earth elements will be crucial for its long-term success and the broader strategic interests of the United States.