Shared on15 Aug 25
Despite an unchanged analyst price target for Neo Performance Materials, a significant increase in the future P/E ratio points to heightened valuation expectations without improvement in profitability, leaving the fair value estimate steady at CA$21.33. What's in the News Neo Performance Materials secured a $50 million supply contract for permanent rare earth magnets with a new European Tier 1 EV traction motor supplier and OEM, expanding its customer base; commercial deliveries are expected from mid-2026 via its new Narva, Estonia facility, the first sintered magnet plant outside Asia focused on EV, industrial, and wind applications.