Malibu Boats (NASDAQ:MBUU) Stock Price Down 10.4% – Here’s Why

Malibu Boats, Inc. (NASDAQ:MBUU) was down 10.4% during trading on Friday . The company traded as low as $30.76 and last traded at $31.00. Approximately 4,692 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 207,117 shares. The stock had previously closed at $34.61.

Malibu Boats News Summary

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

• Positive Sentiment: Quarterly beats: Malibu reported Q2 FY2026 EPS of ($0.02) vs. consensus ($0.03) and revenue of $188.6M vs. est. $182M — the beats help explain the positive stock reaction. Earnings Release
• Positive Sentiment: Product pipeline & marketing catalyst: the company will showcase more than a dozen new models at the Miami International Boat Show (Feb 11–15), including the Pursuit DC 286 and Pathfinder 2800 Hybrid — a visible sales/branding catalyst. Boat Show Release
• Positive Sentiment: Balance-sheet/analyst context: Malibu carries very low leverage (debt/equity ~0.04) and has recent analyst support and mid-$30s median price targets, which can underpin sentiment. Quiver Article
• Neutral Sentiment: Mixed headline metrics: revenue beat but was down ~5.8% year‑over‑year; net margin compressed to ~2.3% — beats offset by underlying weakness. Zacks Coverage
• Neutral Sentiment: Investor flows mixed: recent institutional activity shows both sizable buys and sells across funds, so ownership trends are not uniformly bullish. Quiver Article
• Negative Sentiment: Profitability deterioration: EPS swung from $0.31 a year ago to a small loss this quarter and margins are thin, which raises near-term earnings uncertainty. Earnings Call Transcript

Analyst Ratings Changes

MBUU has been the subject of several research analyst reports. Zacks Research upgraded shares of Malibu Boats from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Weiss Ratings reissued a “sell (d)” rating on shares of Malibu Boats in a research report on Monday, December 29th. B. Riley cut their price target on Malibu Boats from $33.00 to $30.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 25th. Loop Capital began coverage on Malibu Boats in a research note on Monday, December 22nd. They issued a “buy” rating and a $34.00 price objective for the company. Finally, Truist Financial raised their target price on shares of Malibu Boats from $30.00 to $37.00 and gave the stock a “hold” rating in a research report on Tuesday, October 28th. One investment analyst has rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $32.80.

Malibu Boats Price Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 1.63 and a quick ratio of 0.68. The company has a 50 day moving average price of $30.68 and a 200 day moving average price of $31.46. The firm has a market cap of $599.78 million, a PE ratio of 31.81 and a beta of 1.22.

Malibu Boats (NASDAQ:MBUU) last announced its quarterly earnings data on Thursday, February 5th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. The company had revenue of $188.62 million for the quarter, compared to analysts’ expectations of $181.96 million. Malibu Boats had a net margin of 2.31% and a return on equity of 5.28%. Malibu Boats’s revenue was down 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.31 EPS. Sell-side analysts expect that Malibu Boats, Inc. will post 1.69 EPS for the current fiscal year.

Malibu Boats declared that its Board of Directors has initiated a share repurchase program on Friday, December 19th that permits the company to buyback $70.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 12.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Hedge Funds Weigh In On Malibu Boats

Several institutional investors and hedge funds have recently added to or reduced their stakes in MBUU. GAMMA Investing LLC raised its stake in shares of Malibu Boats by 31.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,312 shares of the company’s stock worth $43,000 after buying an additional 313 shares in the last quarter. BNP Paribas Financial Markets boosted 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 in the last quarter. Tower Research Capital LLC TRC grew its holdings in Malibu Boats by 346.3% during the second quarter. Tower Research Capital LLC TRC now owns 2,321 shares of the company’s stock worth $73,000 after acquiring an additional 1,801 shares during the period. Strs Ohio acquired a new position in Malibu Boats during the first quarter worth $123,000. Finally, Central Pacific Bank Trust Division raised its position in Malibu Boats by 36.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 4,618 shares of the company’s stock worth $130,000 after acquiring an additional 1,223 shares in the last quarter. Institutional investors and hedge funds own 91.35% of the company’s stock.

Malibu Boats Company Profile

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.