De Silva covers the Technology sector, focusing on stocks such as Netlist, Pixelworks, and ACM Research. According to TipRanks, De Silva has an average return of 58.3% and a 59.51% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for USA Rare Earth with a $45.50 average price target, which is an 84.66% upside from current levels. In a report released on June 7, Needham also reiterated a Buy rating on the stock with a $81.00 price target.
Based on USA Rare Earth’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.7 million and a GAAP net loss of $66.99 million. In comparison, last year the company had a net profit of $51.83 million
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of USAR in relation to earlier this year. Earlier this month, Trabuco Carolyn, a Director at USAR sold 13,000.00 shares for a total of $295,880.00.
