Mattel (NASDAQ:MAT) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Mattel from a "hold" to a "buy" in a research note issued Saturday.
• Q1 results beat revenue and EPS expectations and Mattel reiterated FY2026 adjusted EPS guidance of 1.27–1.39, citing Hot Wheels strength, entertainment/IP monetization and share repurchases as growth drivers.
• Analyst sentiment remains mixed: the consensus rating is "Hold" with an average price target of $18.22, while JPMorgan cut its price target to $13 and moved to "underweight," highlighting near-term downside risk.

Mattel (NASDAQ:MAT - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued on Saturday.

A number of other brokerages have also issued reports on MAT. Weiss Ratings lowered shares of Mattel from a "buy (b-)" rating to a "hold (c)" rating in a research note on Wednesday, March 4th. JPMorgan Chase & Co. dropped their price objective on shares of Mattel from $14.00 to $13.00 and set an "underweight" rating for the company in a report on Thursday. Argus raised shares of Mattel to a "strong-buy" rating in a research note on Friday, March 13th. Zacks Research upgraded shares of Mattel from a "strong sell" rating to a "hold" rating in a report on Monday, April 13th. Finally, Morgan Stanley set a $18.00 price target on shares of Mattel in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $18.22.

Mattel Trading Down 1.0%

MAT opened at $14.93 on Friday. Mattel has a 52 week low of $14.10 and a 52 week high of $22.48. The company has a quick ratio of 1.76, a current ratio of 2.06 and a debt-to-equity ratio of 1.11. The business has a fifty day simple moving average of $15.33 and a 200-day simple moving average of $18.25. The firm has a market cap of $4.34 billion, a P/E ratio of 9.45 and a beta of 0.74.

Mattel (NASDAQ:MAT - Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported ($0.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.24) by $0.04. Mattel had a return on equity of 18.67% and a net margin of 9.27%.The firm had revenue of $862.17 million for the quarter, compared to analyst estimates of $808.38 million. During the same quarter in the prior year, the company earned ($0.03) EPS. Mattel's revenue was up 4.3% on a year-over-year basis. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. On average, equities analysts expect that Mattel will post 1.33 earnings per share for the current year.

Institutional Trading of Mattel

Large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new position in Mattel in the first quarter worth approximately $553,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Mattel by 74.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,437 shares of the company's stock valued at $67,000 after purchasing an additional 1,468 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Mattel by 50.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,153,851 shares of the company's stock valued at $80,709,000 after purchasing an additional 1,393,000 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Mattel by 5.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 778,963 shares of the company's stock valued at $15,135,000 after purchasing an additional 37,118 shares in the last quarter. Finally, Focus Partners Wealth purchased a new stake in shares of Mattel during the 1st quarter worth $266,000. 97.15% of the stock is currently owned by hedge funds and other institutional investors.

Mattel News Summary

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Q1 results beat revenue and EPS expectations; management reiterated FY26 adjusted EPS range and pointed to Hot Wheels strength and entertainment-led growth as drivers for the year. Mattel, Inc. Q1 2026 Earnings Call Summary
• Positive Sentiment: Company raised or maintained its full‑year profit outlook and emphasized entertainment/IP monetization (movies/gaming) and share repurchases as long‑term value drivers. These items support upside if execution continues. Mattel tops quarterly sales estimates on steady toy demand, entertainment push
• Neutral Sentiment: Analyst pieces and investor commentary highlight Mattel’s transformation into a brand/IP company and note a sizeable buyback plan — bullish long term but reliant on successful content and margin recovery. Mattel: Time To Go Toy Shopping
• Neutral Sentiment: New product drops (K‑Pop Demon Hunters collectibles, WWE Elite waves) and ongoing franchise activity support steady SKU momentum but are unlikely to move the stock near term. Mattel Drops New KPop Demon Hunters Blind Box Figures
• Negative Sentiment: Margins came under pressure in Q1 from tariffs, FX and inflation; analysts note some benefits from fading tariff headwinds are offset by oil‑driven cost inflation and softer toddler sales — a key reason for investor caution. Mattel: Lackluster Execution Limits Upside (Rating Downgrade)
• Negative Sentiment: Major sell‑side cut: JPMorgan lowered its price target to $13 and moved to "underweight," increasing near‑term downside risk and fueling the session's selling pressure. Tickerreport: JPMorgan PT cut
• Negative Sentiment: Broader analyst downgrades and negative notes pointing to execution issues and revised free‑cash‑flow expectations are keeping sentiment cautious despite the headline beat. Analysts boost AMD and Palantir, cut Mattel and Pinterest

About Mattel

Mattel, Inc is a leading global toy company headquartered in El Segundo, California. Founded in 1945 by Harold “Matt” Matson and Elliot and Ruth Handler, the company has grown into a major player in the toy and family products industry. Mattel designs, manufactures, and markets a broad range of toys, games and entertainment products under well-known brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO and Matchbox. In addition to its proprietary labels, Mattel holds licenses with global entertainment franchises, partnering with Disney, Warner Bros., WWE and other studios to create character-driven play experiences.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.