The Mattel Inc (MAT) share price is expected to increase by 22.69% over the next year. This is based on calculating the average 12-month share price estimate provided by 14 stock analysts who have covered MAT. Price targets range from $20 at the low end to $27 at the high end. The current analyst consensus for MAT is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Mattel Inc has a total of 14 Wall St Analyst ratings. There are 5 buy ratings, 9 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Mattel Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of MAT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Andrew Uerkwitz Jefferies | Hold | $20 | Maintains | Oct 1, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $27 | Maintains | Jul 22, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $27 | Maintains | Apr 24, 2024 |
Alexander Perry B of A Securities | Buy | $26 | Maintains | Apr 24, 2024 |
James Hardiman Citigroup | Buy | $26 | Maintains | Apr 24, 2024 |
Eric Handler Roth MKM | Neutral | $21 | Maintains | Apr 24, 2024 |
Andrew Uerkwitz Jefferies | Hold | $20 | Maintains | Mar 15, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $26 | Maintains | Mar 11, 2024 |
Alexander Perry B of A Securities | Buy | $25 | Maintains | Mar 8, 2024 |
Christopher Horvers JP Morgan | Neutral | $20 | Maintains | Feb 8, 2024 |
Linda Bolton Weiser DA Davidson | Buy | $26 | Maintains | Feb 8, 2024 |
Christopher Horvers JP Morgan | Neutral | $19 | Downgrade | Feb 5, 2024 |
Drew Crum Stifel | Buy | $23 | Maintains | Jan 24, 2024 |
Megan Alexander Morgan Stanley | Equal-Weight | $19 | Downgrade | Jan 17, 2024 |
Eric Handler Roth MKM | Neutral | $20 | Downgrade | Jan 4, 2024 |
Megan Alexander Morgan Stanley | Overweight | $25 | Maintains | Oct 26, 2023 |
James Hardiman Citigroup | Buy | $26 | Initiates | Oct 20, 2023 |
Eric Handler Roth MKM | Buy | $24 | Reiterates | Oct 6, 2023 |
Megan Alexander Morgan Stanley | Overweight | $27 | Initiates | Sep 27, 2023 |
Tami Zakaria JP Morgan | Overweight | $25 | Maintains | Jul 27, 2023 |
When did it IPO
1982
Staff Count
33,000
Country
United States
Sector/Industry
Consumer Cyclical/Leisure
CEO
Mr. Ynon Kreiz
Market Cap
$6.55B
In 2023, MAT generated $5.44B in revenue, which was a increase of 0.12% from the previous year. This can be seen as a signal that MAT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - A children's fashion brand has partnered with American Girl to launch a holiday collection featuring matching styles for kids and dolls, set to debut in September.
Why It Matters - The partnership with American Girl could boost sales and brand visibility for the children's fashion brand, potentially increasing revenue and attracting new customers during the holiday season.
Summary - The Zacks Toys - Games - Hobbies industry shows strong demand for sports toys, fashion dolls, and STEM toys, with companies like TTWO, MAT, and HAS well-positioned for growth.
Why It Matters - Strong demand in the toys sector suggests potential revenue growth for companies like TTWO, MAT, and HAS, indicating favorable investment opportunities in the industry.
Summary - Mattel is strategically expanding into entertainment and digital gaming, which may enhance its growth potential moving forward.
Why It Matters - Mattel's strategic shift towards entertainment and digital gaming could drive revenue growth, enhancing its market position and potentially increasing shareholder value.
Summary - Zacks emphasizes its Rank system based on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.
Why It Matters - Zacks' focus on earnings estimates and revisions signals potential stock performance, guiding investors towards informed decisions based on value, growth, and momentum trends.
Summary - Mattel, Inc. (NASDAQ: MAT) is collaborating with Aston Martin to create a Hot Wheelsยฎ die-cast model of the Aston Martin DB4GT โHigh-Speed Edition,โ focusing on classic design and speed.
Why It Matters - The collaboration between Mattel and Aston Martin could boost brand visibility and sales for both companies, potentially driving stock performance and investor interest in Mattel.
Summary - Investors are advised to screen for stocks with strong value and improving earnings outlooks as potential buys for Q4 2024.
Why It Matters - The news highlights strategies for identifying undervalued stocks with positive earnings trends, signaling potential investment opportunities for the upcoming quarter.