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IPX

IperionX Limited

IPX

NASDAQ·Basic Materials·Industrial Materials·Mkt cap $970.9M

$28.78

▼ -0.52%

View full research view

Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

View research view

52-Week Range

$21.66 - $61.45

P/E

-2.74

Fwd P/E

-108.51

Beta

1.35

Div Yield

0.00%

Avg Vol

272.1K

Shares Out

3.4M

Mkt Cap

$970.9M

Price action

Price chart

Down 2.8% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

▲

Bull Case

4 reasons

  • Strategic U.S.-based mineral assets with domestic supply chain advantages
  • Diversified mineral portfolio reducing commodity concentration risk
  • 100% project ownership eliminating joint venture complications
  • Proximity to established infrastructure and regulatory familiarity in North America
▼

Bear Case

1 risk

  • Average volatility.

Growth

Revenue decline expected

Surging global demand for rare earth elements from EV and renewable energy sectors

Value

Deep value opportunity - significant discount to Battery & Energy Storage peers

Momentum

Strong

+6.2% over 3m

Quality

Loss-making

Weak fundamentals - proceed with caution

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Sep 23, 2026

“
LATEST RECAP

Earnings recap unavailable for this period.

EPS surprise · last 4Q

Q2 25

-$10.40

Q4 25

-$0.00

Q2 24

-$0.06

Q4 24

-$0.05

Next: Sep 23, 2026

Revenue trend · last 8Q

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Q4 22

Q2 22

Q4 23

Q2 23

Q4 24

Q2 24

Q4 25

Q2 25

$0

$0

$0

$0

$0

$0

$0

$0

Margins · last 8Q

No margin history available.

View full earnings history →

Wall Street consensus

3 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

3

100%

Hold

0%

Sell

0%

Median Price Target

$53.00

▲ +84.2% vs $28.78

Low $53.00
Median $53.00
High $53.00

Latest: Roth Capital · Jun 8, 2026

1 analyst covering

View full analyst page →

vs Industry

How IPX stacks vs Industrial Materials

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.