USA Rare Earth, Inc. (USAR)
NASDAQMaterialsIndustrial MaterialsSnapshot 2026-09-04
$17.61-0.45%
Close 2026-09-04 · 1-day change
NASDAQMaterialsIndustrial MaterialsSnapshot 2026-09-04
QuarterlyIQ Insights · USAR
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Complete integration of upstream, midstream, and downstream rare earth operations including mining, processing, metal-making, alloy production, and magnet manufacturing.
Stated as a priority in 2 of last 2 quarters. The company reported revenues of $5.7 million in 2026-Q1 and $5.8 million in 2026-Q2, with a strong cash balance of $1.53 billion in 2026-Q2. Management has emphasized integration of mining, processing, and manufacturing assets to build a global rare earth value chain. The trajectory shows delivering progress with acquisitions and operational milestones supporting this integrated platform.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 0 of the last 3 quarter-over-quarter moves. Historically, Materials names rated weak grew net income 48% of the time over the next year (vs 53% for the rest of the cohort, n=1946).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“The second quarter of 2026 marked a period of decisive progress for USA Rare Earth, defined by the milestones that bring our integrated global rare earth value chain to life.”
“Closing the loop on our integrated global value chain with the acquisition of Serra Verde and partnership with Carester.”
Obtain and utilize up to $1.6 billion in funding under the U.S. Department of Commerce CHIPS Act to support capital expenditures and growth milestones.
Stated as a priority in 2 of last 2 quarters. Management finalized definitive agreements with the U.S. Department of Commerce providing access to up to $1.6 billion in funding under the CHIPS Act by 2026-Q2. This funding is intended to support capital expenditures and growth milestones. The trajectory is delivering with agreements executed and funding packages in place.
“Finalized Definitive Agreements with the U.S. Department of Commerce unlocking access to up to $1.6 billion in funding under the CHIPS Act program.”
“Anticipated finalization of our $1.6 billion Department of Commerce funding package to accelerate and derisk growth objectives.”
Build run-rate magnet manufacturing capacity of 600 MTPA at Stillwater and 3,000 MTPA metal and alloy capacity at LCM by Q4 2026, plus new facility in South Carolina and expansion in France.
Stated as a priority in 2 of last 2 quarters. Management targets 600 MTPA magnet manufacturing capacity at Stillwater and 3,000 MTPA metal and alloy capacity at LCM by Q4 2026, with additional new facility in South Carolina and expansion in France. Operational commissioning of Phase 1a at Stillwater and capacity expansions at LCM are underway, indicating delivering progress toward these capacity goals.
“Reach 600 MTPA of run-rate magnet manufacturing capacity at Stillwater Facility in Q4 2026 and 3,000 MTPA metal and alloy capacity at LCM in Q4 2026.”
“Commissioned Phase 1a at Stillwater magnet manufacturing facility targeting 600 MTPA by end of Q4 2026; expanding metal and alloy capacity at LCM to 3,000 MTPA by end of 2026.”
Publish the Definitive Feasibility Study for the Round Top project in Q4 2026 to provide commercial engineering, design, and project economics.
Stated as a priority in 2 of last 2 quarters. Management expects to complete the Round Top Definitive Feasibility Study in Q4 2026 and publish it in Q1 2027. This milestone remains on track with no reported delays, indicating delivering progress toward providing definitive project economics and engineering.
“Complete the Round Top Definitive Feasibility Study in Q4 2026 and publish in Q1 2027.”
“Definitive Feasibility Study expected to be published in Q1 2027 following completion in Q4 2026.”
Generate approximately 490 new high-skill, high-wage jobs through expansion of manufacturing and processing facilities by 2028.
Stated as a priority in 2 of last 2 quarters. Management expects to create about 490 high-skill, high-wage jobs by 2028 through expansions including the new South Carolina facility and Round Top project. The trajectory is consistent with planned commissioning timelines targeting 2028, indicating delivering progress toward workforce growth.
“The project is expected to create about 490 high-skill, high-wage jobs, with commissioning targeted to begin in 2028.”
“Expected to generate approximately 260 new jobs from Round Top project and 490 jobs from manufacturing expansions by 2028.”
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, the broad stock market, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
48 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Materials names rated volatile grew net income 52% of the time over the next year (vs 50% for the rest of the cohort, n=717).
Not investment advice. As of 2026-09-04.