Mattel (MAT) Stock Forecast, Price Target & Predictions
MAT Stock Forecast
Mattel stock forecast is as follows: an average price target of $25.25 (represents a 37.90% upside from MAT’s last price of $18.31) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
MAT Price Target
The average price target for Mattel (MAT) is $25.25 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $33.00 to $20.00. This represents a potential 37.90% upside from MAT's last price of $18.31.
MAT Analyst Ratings
According to 6 Wall Street analysts, Mattel's rating consensus is 'Buy'. The analyst rating breakdown for MAT stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Mattel Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 24, 2024 | Megan Alexander | Morgan Stanley | $22.00 | $17.78 | 23.73% | 20.15% |
| Oct 24, 2024 | Stephen Laszczyk | Goldman Sachs | $22.00 | $17.78 | 23.73% | 20.15% |
| Oct 01, 2024 | Kylie Cohu | Jefferies | $20.00 | $19.05 | 4.99% | 9.23% |
| Mar 13, 2024 | Arpine Kocharyan | UBS | $26.00 | $20.20 | 28.71% | 42.00% |
| Mar 08, 2024 | Linda Bolton Weiser | D.A. Davidson | $26.00 | $19.74 | 31.69% | 42.00% |
| Dec 27, 2023 | Linda Bolton Weiser | D.A. Davidson | $25.00 | $19.04 | 31.34% | 36.54% |
| Sep 27, 2023 | Megan Alexander | Morgan Stanley | $27.00 | $21.84 | 23.63% | 47.46% |
| Oct 26, 2022 | Linda Bolton Weiser | D.A. Davidson | $31.00 | $19.34 | 60.29% | 69.31% |
| Jul 15, 2022 | - | Jefferies | $24.00 | $21.03 | 14.12% | 31.08% |
| Jul 10, 2022 | Michael Ng | Goldman Sachs | $31.00 | $22.76 | 36.20% | 69.31% |
The latest Mattel stock forecast, released on Oct 24, 2024 by Megan Alexander from Morgan Stanley, set a price target of $22.00, which represents a 23.73% increase from the stock price at the time of the forecast ($17.78), and a 20.15% increase from MAT last price ($18.31).
Mattel Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 6 |
| Avg Price Target | $22.00 | $21.33 | $23.50 |
| Last Closing Price | $18.31 | $18.31 | $18.31 |
| Upside/Downside | 20.15% | 16.49% | 28.35% |
In the current month, the average price target of Mattel stock is $22.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 20.15% increase as opposed to Mattel's last price of $18.31. This month's average price target is up 3.14% compared to last quarter, and down -6.38% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | Jefferies | Buy | Buy | Hold |
| Oct 24, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Oct 24, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Oct 01, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 31, 2024 | Zacks Investment Research | Mixed | Mixed | Hold |
| Apr 24, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Mar 08, 2024 | D.A. Davidson | Buy | Buy | Hold |
| Dec 27, 2023 | D.A. Davidson | Buy | Buy | Hold |
| Oct 26, 2023 | Morgan Stanley | Overweight | Overweight | Hold |
| Sep 27, 2023 | Morgan Stanley | - | Overweight | Initialise |
Mattel's last stock rating was published by Jefferies on Oct 24, 2024. The company gave MAT a "Buy" rating, the same as its previous rate.
Mattel Financial Forecast
Mattel Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.62B | $1.92B | $1.09B | $814.60M | $1.40B | $1.76B | $1.24B | $1.04B | $1.79B | $1.76B | $1.03B | $874.19M | $1.63B | $1.63B | $732.14M | $594.07M | $1.47B | $1.48B |
| Avg Forecast | $1.68B | $1.96B | $1.12B | $837.25M | $1.65B | $1.91B | $1.11B | $829.16M | $1.64B | $1.86B | $1.10B | $833.52M | $1.65B | $1.84B | $1.00B | $741.91M | $1.68B | $1.78B | $1.10B | $916.86M | $1.66B | $1.68B | $878.81M | $684.19M | $1.58B | $1.47B | $678.00M | $652.66M | $1.50B | $1.43B |
| High Forecast | $1.73B | $2.02B | $1.15B | $862.25M | $1.70B | $1.97B | $1.14B | $838.16M | $1.73B | $1.86B | $1.10B | $833.52M | $1.77B | $1.88B | $1.03B | $764.07M | $1.73B | $1.78B | $1.10B | $916.86M | $1.66B | $1.68B | $878.81M | $684.19M | $1.58B | $1.47B | $678.00M | $652.66M | $1.50B | $1.43B |
| Low Forecast | $1.63B | $1.89B | $1.08B | $808.53M | $1.60B | $1.85B | $1.07B | $816.65M | $1.60B | $1.86B | $1.10B | $833.52M | $1.61B | $1.81B | $969.23M | $716.46M | $1.62B | $1.78B | $1.10B | $916.86M | $1.66B | $1.68B | $878.81M | $684.19M | $1.58B | $1.47B | $678.00M | $652.66M | $1.50B | $1.43B |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 5 | 9 | 6 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.04% | 1.08% | 1.10% | 0.83% | 0.99% | 1.12% | 1.14% | 1.08% | 1.05% | 1.17% | 1.28% | 1.03% | 1.11% | 1.08% | 0.91% | 0.98% | 1.04% |
Mattel's average Quarter revenue forecast for Mar 24 based on 3 analysts is $833.52M, with a low forecast of $833.52M, and a high forecast of $833.52M. MAT's average Quarter revenue forecast represents a -48.57% decrease compared to the company's last Quarter revenue of $1.62B (Dec 23).
Mattel EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 5 | 9 | 6 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $191.60M | $480.80M | $69.20M | $-107.10M | $47.50M | $397.60M | $119.90M | $72.10M | $300.70M | $431.56M | $94.93M | $78.99M | $240.60M | $436.39M | $1.30M | $-96.25M | $127.45M | $212.14M |
| Avg Forecast | $219.81M | $256.22M | $145.78M | $109.33M | $215.69M | $249.50M | $144.76M | $108.28M | $214.70M | $242.67M | $143.28M | $389.08M | $215.18M | $240.48M | $131.06M | $416.13M | $125.48M | $171.67M | $106.48M | $445.05M | $159.76M | $162.60M | $84.81M | $125.92M | $152.39M | $141.43M | $65.43M | $-61.04M | $144.57M | $137.93M |
| High Forecast | $226.38M | $263.88M | $150.13M | $112.60M | $222.14M | $256.95M | $149.08M | $109.45M | $226.27M | $242.71M | $143.28M | $466.89M | $230.55M | $245.13M | $134.98M | $499.35M | $150.58M | $171.67M | $106.48M | $534.06M | $159.76M | $162.60M | $84.81M | $151.11M | $152.39M | $141.43M | $65.43M | $-48.83M | $144.57M | $137.93M |
| Low Forecast | $212.27M | $247.44M | $140.78M | $105.58M | $208.30M | $240.94M | $139.79M | $106.64M | $209.56M | $242.63M | $143.28M | $311.26M | $210.05M | $236.72M | $126.57M | $332.90M | $100.39M | $171.67M | $106.48M | $356.04M | $159.76M | $162.60M | $84.81M | $100.74M | $152.39M | $141.43M | $65.43M | $-73.24M | $144.57M | $137.93M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 2.00% | 0.53% | -0.26% | 0.38% | 2.32% | 1.13% | 0.16% | 1.88% | 2.65% | 1.12% | 0.63% | 1.58% | 3.09% | 0.02% | 1.58% | 0.88% | 1.54% |
3 analysts predict MAT's average Quarter EBITDA for Mar 24 to be $389.08M, with a high of $466.89M and a low of $311.26M. This is 103.07% upper than Mattel's previous annual EBITDA (Dec 23) of $191.60M.
Mattel Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 5 | 9 | 6 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $147.30M | $146.30M | $27.20M | $-111.20M | $9.10M | $289.90M | $66.40M | $15.20M | $225.13M | $795.08M | $-9.60M | $-117.84M | $130.55M | $315.99M | $-109.17M | $-210.74M | $175.00K | $70.60M |
| Avg Forecast | $102.36M | $416.28M | $69.95M | $-27.30M | $95.54M | $389.67M | $65.51M | $-25.25M | $68.46M | $323.88M | $58.30M | $67.52M | $107.01M | $294.82M | $-8.67M | $72.21M | $107.63M | $256.12M | $21.94M | $77.23M | $104.86M | $248.44M | $-18.69M | $-177.76M | $80.85M | $134.51M | $-118.37M | $-133.64M | $3.16M | $54.29M |
| High Forecast | $106.34M | $432.45M | $72.67M | $-26.08M | $99.25M | $404.80M | $68.06M | $-12.62M | $124.48M | $325.11M | $58.32M | $81.02M | $131.97M | $339.38M | $-8.29M | $86.66M | $129.16M | $256.12M | $21.94M | $92.68M | $104.86M | $248.44M | $-18.69M | $-142.21M | $80.85M | $134.51M | $-118.37M | $-106.91M | $3.16M | $54.29M |
| Low Forecast | $97.80M | $397.72M | $66.83M | $-28.36M | $91.28M | $372.29M | $62.59M | $-37.87M | $52.91M | $322.65M | $58.28M | $54.02M | $82.04M | $263.96M | $-9.01M | $57.77M | $86.11M | $256.12M | $21.94M | $61.79M | $104.86M | $248.44M | $-18.69M | $-213.32M | $80.85M | $134.51M | $-118.37M | $-160.37M | $3.16M | $54.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.38% | 0.50% | -3.14% | -1.54% | 0.08% | 1.13% | 3.03% | 0.20% | 2.15% | 3.20% | 0.51% | 0.66% | 1.61% | 2.35% | 0.92% | 1.58% | 0.06% | 1.30% |
Mattel's average Quarter net income forecast for Mar 24 is $67.52M, with a range of $54.02M to $81.02M. MAT's average Quarter net income forecast represents a -54.16% decrease compared to the company's last Quarter net income of $147.30M (Dec 23).
Mattel SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 5 | 9 | 6 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $643.20M | $504.10M | $427.00M | $440.80M | $523.70M | $455.50M | $423.80M | $402.90M | $626.80M | $453.46M | $438.87M | $377.97M | $642.50M | $448.23M | $366.99M | $404.99M | $645.60M | $536.34M |
| Avg Forecast | $619.26M | $721.85M | $410.70M | $308.02M | $607.67M | $702.91M | $407.82M | $305.05M | $604.87M | $683.67M | $403.67M | $306.65M | $606.21M | $677.50M | $369.24M | $272.95M | $298.77M | $654.42M | $405.91M | $337.31M | $609.00M | $619.84M | $323.31M | $583.15M | $580.92M | $539.14M | $249.43M | $256.82M | $551.11M | $525.78M |
| High Forecast | $637.76M | $743.41M | $422.97M | $317.22M | $625.82M | $723.91M | $420.00M | $308.36M | $637.47M | $683.79M | $403.67M | $306.65M | $649.51M | $690.58M | $380.27M | $281.10M | $358.53M | $654.42M | $405.91M | $337.31M | $609.00M | $619.84M | $323.31M | $699.78M | $580.92M | $539.14M | $249.43M | $308.19M | $551.11M | $525.78M |
| Low Forecast | $598.02M | $697.09M | $396.62M | $297.46M | $586.83M | $678.80M | $393.83M | $300.44M | $590.38M | $683.55M | $403.67M | $306.65M | $591.77M | $666.92M | $356.58M | $263.58M | $239.02M | $654.42M | $405.91M | $337.31M | $609.00M | $619.84M | $323.31M | $466.52M | $580.92M | $539.14M | $249.43M | $205.46M | $551.11M | $525.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 0.74% | 1.16% | 1.61% | 1.75% | 0.70% | 1.04% | 1.19% | 1.03% | 0.73% | 1.36% | 0.65% | 1.11% | 0.83% | 1.47% | 1.58% | 1.17% | 1.02% |
Mattel's average Quarter SG&A projection for Mar 24 is $306.65M, based on 3 Wall Street analysts, with a range of $306.65M to $306.65M. The forecast indicates a -52.32% fall compared to MAT last annual SG&A of $643.20M (Dec 23).
Mattel EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 5 | 9 | 6 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.42 | $0.41 | $0.08 | $-0.31 | $0.03 | $0.82 | $0.19 | $0.04 | $0.64 | $2.32 | $-0.03 | $-0.34 | $0.38 | $0.91 | $-0.31 | $-0.61 | - | $0.20 |
| Avg Forecast | $0.30 | $1.22 | $0.20 | $-0.08 | $0.28 | $1.14 | $0.19 | $-0.07 | $0.20 | $0.95 | $0.17 | $-0.12 | $0.31 | $0.86 | $-0.03 | $-0.26 | $0.29 | $0.74 | $0.06 | $-0.04 | $0.30 | $0.72 | $-0.05 | $-0.35 | $0.23 | $0.39 | $-0.34 | $-0.42 | $0.01 | $0.16 |
| High Forecast | $0.31 | $1.27 | $0.21 | $-0.08 | $0.29 | $1.19 | $0.20 | $-0.04 | $0.36 | $0.95 | $0.17 | $-0.12 | $0.39 | $0.99 | $-0.02 | $-0.25 | $0.30 | $0.74 | $0.06 | $-0.04 | $0.30 | $0.72 | $-0.05 | $-0.35 | $0.23 | $0.39 | $-0.34 | $-0.42 | $0.01 | $0.16 |
| Low Forecast | $0.29 | $1.17 | $0.20 | $-0.08 | $0.27 | $1.09 | $0.18 | $-0.11 | $0.16 | $0.95 | $0.17 | $-0.13 | $0.24 | $0.77 | $-0.03 | $-0.27 | $0.27 | $0.74 | $0.06 | $-0.04 | $0.30 | $0.72 | $-0.05 | $-0.35 | $0.23 | $0.39 | $-0.34 | $-0.42 | $0.01 | $0.16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.34% | 0.47% | -3.15% | 1.20% | 0.09% | 1.10% | 2.98% | -1.16% | 2.10% | 3.22% | 0.51% | 0.98% | 1.62% | 2.33% | 0.90% | 1.45% | 0.07% | 1.27% |
According to 3 Wall Street analysts, Mattel's projected average Quarter EPS for Mar 24 is $-0.12, with a low estimate of $-0.13 and a high estimate of $-0.12. This represents a -129.69% decrease compared to MAT previous annual EPS of $0.42 (Dec 23).
Mattel Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| XPOF | Xponential Fitness | $15.61 | $25.18 | 61.31% | Buy |
| MSGE | Sphere Entertainment | $35.55 | $55.20 | 55.27% | Buy |
| JAKK | JAKKS Pacific | $27.63 | $40.33 | 45.96% | Buy |
| MAT | Mattel | $18.31 | $25.25 | 37.90% | Buy |
| HAS | Hasbro | $61.76 | $81.25 | 31.56% | Buy |
| SEAS | United Parks & Resorts | $50.30 | $64.50 | 28.23% | Buy |
| SIX | Six Flags Entertainment | $32.00 | $39.00 | 21.88% | Buy |
| FNKO | Funko | $10.38 | $12.60 | 21.39% | Buy |
| FUN | Six Flags Entertainment | $45.83 | $52.25 | 14.01% | Buy |
| LTH | Life Time Group | $24.57 | $24.43 | -0.57% | Hold |
| OSW | OneSpaWorld | $18.78 | $17.75 | -5.48% | Buy |
| GOLF | Acushnet | $69.21 | $52.67 | -23.90% | Buy |