Mattel (NASDAQ:MAT) Issues FY 2026 Earnings Guidance

Mattel (NASDAQ:MAT) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.180-1.300 for the period, compared to the consensus earnings per share estimate of 1.750. The company issued revenue guidance of $5.5 billion-$5.7 billion, compared to the consensus revenue estimate of $5.6 billion.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on MAT shares. UBS Group lifted their target price on Mattel from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Roth Mkm upped their target price on Mattel from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Morgan Stanley reaffirmed a “positive” rating on shares of Mattel in a research note on Monday, February 2nd. DA Davidson cut their price objective on shares of Mattel from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Wednesday, October 22nd. Finally, JPMorgan Chase & Co. cut their target price on Mattel from $25.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday, October 27th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $23.86.

Mattel Stock Down 2.2%

NASDAQ:MAT traded down $0.48 during trading hours on Tuesday, reaching $21.06. 14,798,752 shares of the company traded hands, compared to its average volume of 3,314,734. The business’s 50-day moving average price is $20.75 and its two-hundred day moving average price is $19.12. The company has a current ratio of 1.60, a quick ratio of 1.18 and a debt-to-equity ratio of 0.77. Mattel has a 1 year low of $13.94 and a 1 year high of $22.48. The stock has a market capitalization of $6.55 billion, a P/E ratio of 15.72, a P/E/G ratio of 2.28 and a beta of 0.70.

Mattel (NASDAQ:MAT) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.15). The business had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.85 billion. Mattel had a return on equity of 20.60% and a net margin of 8.27%.Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. Analysts predict that Mattel will post 1.7 earnings per share for the current year.

More Mattel News

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Mattel agreed to acquire full ownership of its Mattel163 mobile games studio, strengthening its digital-games capability and giving the company more control of recurring/digital revenue potential. Mattel to Acquire Full Ownership of Mattel163 Mobile Games Studio, Strengthening its Digital Games Business
• Positive Sentiment: Ongoing brand/content initiatives (Barbie 25th‑anniversary animated special, new Masters of the Universe movie toy lineup, TMNT consumer-products deal and Brick Shop product launches) help sustain product pipeline and licensing revenue potential. Barbie Commemorates 25 Years of “Barbie in the Nutcracker” Mattel Reveals Powerful Lineup of Masters of the Universe Movie Toys
• Neutral Sentiment: Unusually large options activity: 6,361 call options traded (≈460% above average). Could indicate speculative positioning or hedging but not a clear directional signal.
• Negative Sentiment: Q4 results missed expectations — EPS $0.39 vs. consensus ~$0.53–$0.54 and revenue $1.77B vs. ~$1.84–$1.85B. These misses are the primary catalyst for the decline. Mattel (MAT) Misses Q4 Earnings and Revenue Estimates
• Negative Sentiment: FY‑2026 guidance was conservative: EPS guide of $1.18–$1.30 vs. consensus ~ $1.75, and revenue guidance ~$5.5–$5.7B. The below‑consensus profit outlook is weighing on near‑term investor sentiment. Barbie maker Mattel forecasts annual profit below estimates on cautious consumer spending
• Negative Sentiment: Market coverage highlights a weak holiday quarter (tariffs, promotions and softer December U.S. gross billings), and the stock fell sharply on heavy volume as investors digested the misses and guidance. Mattel’s stock sinks as weak earnings reveal a tale of two toymakers

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quarry LP purchased a new stake in Mattel in the third quarter valued at approximately $28,000. Danske Bank A S bought a new position in Mattel during the 3rd quarter valued at $49,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Mattel by 74.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,437 shares of the company’s stock worth $67,000 after purchasing an additional 1,468 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Mattel by 191.1% during the second quarter. EverSource Wealth Advisors LLC now owns 8,777 shares of the company’s stock worth $173,000 after purchasing an additional 5,762 shares during the period. Finally, PharVision Advisers LLC acquired a new position in Mattel in the third quarter valued at approximately $177,000. 97.15% of the stock is currently owned by hedge funds and other institutional investors.

Mattel Company Profile

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.