USA Rare Earth acquisition supports 2026 production start, says Roth Capital

Roth Capital believes USA Rare Earth’s (USAR) acquisition of Less Common Metals will shore up its key midstream processes and feedstock sourcing. The deal supports the company’s planned domestic rare earth magnet production start in 2026 and also enhances its opportunity into allied European customers and governments, the analyst tells investors in a research note. Roth keeps a Buy rating on the shares with a $20 price target