Malibu Boats (NASDAQ:MBUU) Upgraded by Wall Street Zen to Hold Rating

Key Points

• Malibu Boats was upgraded by Wall Street Zen from “sell” to “hold”, while the broader analyst view remains mixed with an overall average rating of Hold and an average target price of $31.20.
• The company posted a strong Q3 earnings beat, reporting $0.56 EPS versus the $0.29 estimate and revenue of $235.7 million versus $203.46 million expected.
• Malibu Boats also raised its FY2026 revenue guidance to $880 million–$886 million, slightly above market expectations, though profit still lagged last year’s level.

Malibu Boats (NASDAQ:MBUU - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

Several other equities research analysts have also recently weighed in on the stock. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Malibu Boats in a research report on Friday, March 27th. Truist Financial lowered their target price on Malibu Boats from $34.00 to $31.00 and set a "hold" rating for the company in a research note on Monday, April 27th. Griffin Securities set a $30.00 target price on Malibu Boats in a research note on Tuesday, March 3rd. Finally, Zacks Research raised Malibu Boats from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $31.20.

Malibu Boats Trading Up 18.5%

MBUU opened at $30.09 on Friday. Malibu Boats has a twelve month low of $23.84 and a twelve month high of $39.65. The company has a 50-day simple moving average of $26.04 and a 200 day simple moving average of $28.63. The company has a quick ratio of 0.49, a current ratio of 1.56 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $559.67 million, a price-to-earnings ratio of -501.50 and a beta of 1.13.

Malibu Boats (NASDAQ:MBUU - Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.27. Malibu Boats had a negative net margin of 0.11% and a positive return on equity of 3.30%. The business had revenue of $235.70 million during the quarter, compared to analysts' expectations of $203.46 million. During the same quarter in the prior year, the business posted $0.72 earnings per share. Malibu Boats's revenue was up 3.1% compared to the same quarter last year. Analysts predict that Malibu Boats will post 1.08 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Intesa Sanpaolo Wealth Management acquired a new position in shares of Malibu Boats in the fourth quarter valued at approximately $31,000. BNP Paribas Financial Markets increased its stake in shares of Malibu Boats by 43.3% in the second quarter. BNP Paribas Financial Markets now owns 2,128 shares of the company's stock valued at $67,000 after buying an additional 643 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of Malibu Boats by 346.3% in the second quarter. Tower Research Capital LLC TRC now owns 2,321 shares of the company's stock valued at $73,000 after buying an additional 1,801 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Malibu Boats by 108.5% in the fourth quarter. Russell Investments Group Ltd. now owns 3,301 shares of the company's stock valued at $93,000 after buying an additional 1,718 shares during the period. Finally, Strs Ohio acquired a new position in shares of Malibu Boats in the first quarter valued at approximately $123,000. Institutional investors and hedge funds own 91.35% of the company's stock.

More Malibu Boats News

Here are the key news stories impacting Malibu Boats this week:

• Positive Sentiment: Malibu Boats posted fiscal Q3 earnings of $0.56 per share, well above Wall Street’s $0.29 estimate, signaling better-than-expected profitability. Malibu Boats (MBUU) Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Revenue came in at $235.7 million, above the $203.46 million consensus and up 3.1% year over year, pointing to stronger-than-expected demand. Malibu Boats Q3 earnings report and transcript
• Positive Sentiment: The company updated FY2026 revenue guidance to $880 million-$886 million, slightly above the market’s $867.6 million estimate, which likely boosted investor confidence. Malibu Boats, Inc. Announces Third Quarter Fiscal 2026 Results
• Neutral Sentiment: Investors are also parsing the earnings call transcript and key operating metrics for clues about whether the improvement in results is sustainable. Malibu Boats, Inc. Q3 2026 Earnings Call Transcript
• Negative Sentiment: Despite the beat, earnings were below the $0.72 per share earned a year ago, highlighting that profitability remains weaker than last year. Malibu Boats: Fiscal Q3 Earnings Snapshot

About Malibu Boats

Malibu Boats, Inc is a leading designer, manufacturer and distributor of performance sport boats for the recreational boating market. The company's product portfolio includes the premium Malibu® brand and the value-oriented Axis® Wake Research line, as well as Cobalt® boats following its 2020 acquisition. Malibu's vessels are engineered to serve water-sports enthusiasts, with models optimized for wakeboarding, wakesurfing and waterskiing.

Founded in 1982 by water-sports enthusiast Jack Springer, Malibu Boats is headquartered in Loudon, Tennessee.

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