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USA Rare Earth, Inc.

USAR Basic Materials Metal Mining
$9.63
▼ -4.3% Today
as of Oct 22, 16:53 ET
Last 30 days -38.70% Sep 14 → Oct 22
$9.04 $11.18 $13.31 $15.44 $17.58 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$9.75
High
$10.06
Low
$9.41
Volume
$13M
Avg Vol
$15M
Mkt Cap
$5.0B
P/E (TTM)
—
Beta
—
52w High
$32.80
52w Low
$9.41
Div Yield
—
Shares Out
$245M

Recent Press Releases & News last 60 days · 25 items

Oct 22 · 14:50 Motley Fool
Is USA Rare Earth Stock a Once-in-a-Generation Reshoring Opportunity?
Oct 19 · 12:50 Motley Fool
USA Rare Earth: Millionaire Maker or Market Hype? The Honest Truth.
Oct 17 · 14:15 Motley Fool
MP Materials vs. USA Rare Earth: Which Rare Earth Stock Is the Better Buy?
▸ Show all 25 press releases & news Free account →

USAR earnings at a glance

USA Rare Earth, Inc. (USAR) is scheduled to report earnings on Thursday, November 5, 2026 — in 13 days. Analysts expect earnings per share of -$0.19, compared with -$0.25 in the same quarter last year (+24%). The options market is pricing a move of about ±2.7% after the report, a range of roughly $9.37 to $9.89 from today's $9.63. Over its last 6 reports the stock rose the next day 3 times and fell 3, moving ±8.4% on average; after the most recent report on Aug 10, 2026 it moved -0.7%. That means options currently expect less movement than USAR has typically delivered. USAR beat the consensus EPS estimate in 2 of its last 5 reported quarters. Implied volatility is currently 64%. The share price of $9.63 sits near its 52-week low.

More Basic Materials stocks · All stocks · Earnings calendar

Overview

52-week range
$9.41
$33
1% of range
Avg surprise (last 5)
-85.2%
Avg reaction (last 6)
+4.8%
50% positive
Latest IV / EM
64%
EM ±2.7% · $13 · Oct 9

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.25$-0.20$-0.14$-0.08$-0.03 Actual $-0.11Actual $-0.04Actual $-0.03Actual $-0.19Actual $-0.08Est $-0.13Actual $-0.25Est $-0.06Actual $-0.19Est $-0.12Actual $-0.12Est $-0.16Actual $-0.15Est $-0.07 MarJunSepMar/2025Jun/2025Sep/20258KMar/2026Jun/2026
Revenue vs Net Income Revenue Net income
$-157M$-104M$-51M$2M$54M Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Mon Aug 10, 2026Jun/2026 $-0.15 $-0.07 -114.3% +12.5% -0.7% earnings
Wed May 13, 2026Mar/2026 $-0.12 $-0.16 +25.0% +36.8% -2.3% earnings
Mon Mar 30, 20268K 2026-03-30 $-0.19 $-0.12 -58.3% — -7.7% earnings
Thu Nov 6, 2025Sep/2025 $-0.25 $-0.06 -316.7% — +9.7% earnings
Mon Aug 11, 2025Jun/2025 $-0.08 $-0.13 +38.5% — +23.3% earnings
Wed May 14, 2025Mar/2025 $-0.19 — — — +6.4% earnings
Mon Sep 30, 2024Sep 2024 $-0.03 — — — — financials
Sun Jun 30, 2024Jun 2024 $-0.04 — — — — financials
Sun Mar 31, 2024Mar 2024 $-0.11 — — — — financials

Upcoming

DateFiscalTimeEPS EstLY EPSYoY %Δ
Thu Nov 5, 2026Sep/2026OTHER -$0.19-$0.25 +24.0%

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$6M$6M——$0$0——
Cost of revenue$7M$6M——$0$0——
Gross profit$-2M$106,000——$0$0——
Operating income$-46M$-37M—$-16M$-9M$-9M—$-2M
Net income$-10M$-67M—$-157M$-143M$52M—$-2M
EPS (diluted)$-0.05$-0.34—$-1.64$-1.54$0.58—$-0.03

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$1.53B$1.75B$360M$258M$122M$23M$17M$141,201
Inventory$50M$28M$19M—————
Total current assets$1.67B$1.79B$385M$259M$124M$26M$22M$222,948
Total assets$3.00B$2.13B$695M$323M$180M$77M$69M$269M
Long-term debt————————
Total liabilities$452M$246M$192M$369M$286M$97M$15M$16M
Total equity$2.54B$1.88B$494M$-59M$-132M$-53M—$40M

Implied volatility — last 90 days

64%80%97%113%129% Jun 08 — IV 116% · EM ±9.7%Jun 09 — IV 120% · EM ±8.7%Jun 10 — IV 130% · EM ±7.7%Jun 11 — IV 123% · EM ±5.1%Jun 15 — IV 105% · EM ±7.6%Jun 16 — IV 110% · EM ±6.5%Jun 17 — IV 117% · EM ±4.9%Jun 19 — IV 96% · EM ±10.6%Jun 22 — IV 114% · EM ±9.5%Jun 23 — IV 108% · EM ±7.8%Jun 24 — IV 120% · EM ±7.1%Jun 25 — IV 106% · EM ±4.4%Jun 29 — IV 94% · EM ±22.2%Jun 30 — IV 93% · EM ±21.6%Jul 01 — IV 103% · EM ±4.3%Jul 03 — IV 91% · EM ±10.0%Jul 06 — IV 103% · EM ±8.6%Jul 07 — IV 104% · EM ±7.5%Jul 08 — IV 105% · EM ±6.2%Jul 09 — IV 93% · EM ±3.9%Jul 13 — IV 99% · EM ±8.3%Jul 14 — IV 100% · EM ±7.2%Jul 15 — IV 100% · EM ±5.9%Jul 16 — IV 99% · EM ±4.1%Jul 20 — IV 108% · EM ±9.0%Jul 21 — IV 105% · EM ±7.6%Jul 22 — IV 106% · EM ±6.3%Jul 23 — IV 119% · EM ±5.0%Jul 27 — IV 99% · EM ±8.2%Jul 28 — IV 106% · EM ±7.6%Jul 29 — IV 119% · EM ±7.0%Jul 30 — IV 104% · EM ±4.3%Aug 03 — IV 114% · EM ±15.8%Aug 04 — IV 114% · EM ±15.1%Aug 05 — IV 108% · EM ±13.6%Aug 06 — IV 113% · EM ±13.3%Aug 07 — IV 115% · EM ±12.7%Aug 10 — IV 129% · EM ±10.8%Aug 11 — IV 95% · EM ±6.9%Aug 12 — IV 96% · EM ±5.7%Aug 13 — IV 92% · EM ±3.8%Aug 17 — IV 95% · EM ±8.0%Aug 18 — IV 105% · EM ±7.6%Aug 19 — IV 92% · EM ±5.5%Aug 20 — IV 90% · EM ±3.8%Aug 24 — IV 99% · EM ±8.3%Aug 25 — IV 106% · EM ±7.7%Aug 26 — IV 104% · EM ±6.1%Aug 27 — IV 101% · EM ±4.2%Aug 31 — IV 90% · EM ±7.5%Sep 01 — IV 88% · EM ±6.4%Sep 02 — IV 91% · EM ±5.4%Sep 03 — IV 83% · EM ±3.5%Sep 07 — IV 89% · EM ±7.4%Sep 08 — IV 90% · EM ±6.5%Sep 09 — IV 89% · EM ±5.2%Sep 10 — IV 91% · EM ±3.8%Sep 14 — IV 83% · EM ±6.9%Sep 15 — IV 82% · EM ±6.0%Sep 16 — IV 80% · EM ±4.7%Sep 17 — IV 76% · EM ±3.2%Sep 21 — IV 88% · EM ±7.3%Sep 22 — IV 92% · EM ±6.6%Sep 23 — IV 84% · EM ±4.9%Sep 24 — IV 76% · EM ±3.2%Sep 28 — IV 71% · EM ±16.7%Sep 29 — IV 68% · EM ±15.8%Sep 30 — IV 78% · EM ±4.6%Oct 01 — IV 87% · EM ±3.6%Oct 06 — IV 71% · EM ±5.1%Oct 07 — IV 72% · EM ±4.2%Oct 08 — IV 64% · EM ±2.7%

Sector peers

ERO
Ero Copper Corp.
$3.8B $30.13-8.4%
CLF
Cleveland-Cliffs Inc.
$6.9B $13.05-4.4%
BVN
Buenaventura Mining Company Inc.
$7.9B $28.49-5.8%
MP
MP Materials Corp.
$8.2B $38.56-1.2%
NEXA
Nexa Resources S.A.
$1.7B $11.16-9.3%
TMC
TMC the metals company Inc.
$1.7B $2.47-5.7%

USAR earnings FAQ

When is USAR's next earnings date?

USA Rare Earth, Inc. is expected to report on November 5, 2026.

What is USAR's expected move for earnings?

Options currently price a move of about ±2.7%, or $0.26 per share either way from $9.63.

How does USAR stock usually react to earnings?

Across the last 6 reports the average next-day move was ±8.4%, up 3 times and down 3 times.

What EPS are analysts expecting from USA Rare Earth, Inc.?

The consensus estimate is -$0.19 per share, versus -$0.25 a year ago.

What is USAR's implied volatility?

USAR's at-the-money implied volatility is about 64% based on the latest options snapshot.

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