Mattel (NASDAQ:MAT) Price Target Cut to $13.00 by Analysts at JPMorgan Chase & Co.

Mattel (NASDAQ:MAT) had its price objective cut by JPMorgan Chase & Co. from $14.00 to $13.00 in a research report released on Thursday morning,Benzinga reports. They currently have an underweight rating on the stock.

Other equities analysts also recently issued reports about the company. Jefferies Financial Group lowered their price objective on Mattel from $25.00 to $19.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Morgan Stanley set a $18.00 price objective on Mattel in a research report on Wednesday, February 11th. UBS Group reissued a “buy” rating and set a $28.00 price objective on shares of Mattel in a research report on Thursday, March 5th. Zacks Research raised Mattel from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Finally, Wells Fargo & Company lowered their price objective on Mattel from $19.00 to $18.00 and set an “overweight” rating for the company in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $18.22.

Mattel Stock Performance

Shares of Mattel stock opened at $15.08 on Thursday. Mattel has a one year low of $14.10 and a one year high of $22.48. The company has a market cap of $4.38 billion, a PE ratio of 9.54 and a beta of 0.78. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.76 and a current ratio of 2.15. The business has a 50-day simple moving average of $15.33 and a 200-day simple moving average of $18.25.

Mattel (NASDAQ:MAT) last announced its quarterly earnings data on Wednesday, April 29th. The company reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.04. Mattel had a return on equity of 18.42% and a net margin of 9.27%.The business had revenue of $862.20 million during the quarter, compared to the consensus estimate of $808.38 million. During the same period in the previous year, the company posted ($0.03) earnings per share. The business’s revenue for the quarter 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 research analysts forecast that Mattel will post 1.3 EPS for the current fiscal year.

Hedge Funds Weigh In On Mattel

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Oregon Public Employees Retirement Fund boosted its holdings in Mattel by 3.2% in the first quarter. Oregon Public Employees Retirement Fund now owns 63,758 shares of the company’s stock valued at $926,000 after purchasing an additional 2,000 shares in the last quarter. Impact Investors Inc acquired a new position in Mattel in the first quarter valued at approximately $242,000. Praxis Investment Management Inc. acquired a new position in Mattel in the first quarter valued at approximately $198,000. Y Intercept Hong Kong Ltd boosted its holdings in Mattel by 326.2% in the first quarter. Y Intercept Hong Kong Ltd now owns 186,638 shares of the company’s stock valued at $2,712,000 after purchasing an additional 142,845 shares in the last quarter. Finally, Leonteq Securities AG boosted its holdings in Mattel by 63.5% in the first quarter. Leonteq Securities AG now owns 9,604 shares of the company’s stock valued at $140,000 after purchasing an additional 3,731 shares in the last quarter. 97.15% of the stock is owned by institutional investors and hedge funds.

Key Mattel News

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Q1 results beat expectations — Mattel reported better‑than‑expected Q1 revenue ($862M) and a smaller-than-forecast loss, driven by Hot Wheels and Vehicles momentum; management highlighted top‑line acceleration into Q2, which supports upside to near‑term sales. Mattel First-Quarter Sales Beat Estimates on Hot Wheels Demand
• Positive Sentiment: FY‑2026 guidance reiterated and slightly above consensus — management set adjusted EPS guidance of $1.27–$1.39 (above the prior consensus) and reiterated margin targets, giving investors more visibility on earnings power for the year. Seeking Alpha: Mattel reiterates 2026 outlook
• Positive Sentiment: Share‑buyback and longer‑term IP strategy flagged by bulls — investor notes highlight a $1.5B buyback plan and stronger brand/IP monetization (Barbie, Hot Wheels, film/gaming initiatives) as potential drivers of per‑share value over time. Seeking Alpha: Mattel: Time To Go Toy Shopping
• Neutral Sentiment: New product and licensing activity — Mattel launched new blind‑box K‑Pop figures and continues WWE/collectible releases; helpful for niche revenue growth but unlikely to move the stock materially on its own. ComicBook: Mattel Drops New KPop Demon Hunters Blind Box Figures
• Neutral Sentiment: He‑Man creator Roger Sweet has died — media attention around Masters of the Universe properties may give modest PR tailwinds ahead of related entertainment releases, but this is mostly sentimental news. LA Times: Roger Sweet dies
• Negative Sentiment: Major sell‑side price target cut and underweight from JPMorgan — JPM lowered its PT to $13 and moved to an “underweight” stance, implying notable downside from current levels and likely contributing to intraday selling pressure. TickerReport / Benzinga: JPMorgan cuts Mattel price target
• Negative Sentiment: Analyst downgrades and negative notes — several analysts trimmed coverage or ratings (MSN summary), citing execution risks and margin volatility, which weighs on sentiment even after the beat. MSN: Analysts cut Mattel
• Negative Sentiment: Margin and cash‑flow concerns persist — analysts flagged tariff, FX and inflation pressure on margins; a recent note reduced free cash flow expectations and downgraded the name to ‘hold,’ limiting near‑term upside. Seeking Alpha: Lackluster execution limits upside

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.