Mattel (NASDAQ:MAT) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Mattel, Inc. (NASDAQ:MAT) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $15.44 and traded as high as $15.79. Mattel shares last traded at $15.57, with a volume of 6,213,932 shares trading hands.

Mattel News Summary

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Third-quarter EPS was $1.30, above the $0.94 consensus and up from $0.89 a year earlier. Sales rose 4.1% year over year, with growth in Vehicles and Games and higher gross margins. Zacks earnings coverage
• Positive Sentiment: Hot Wheels billings are nearing $2 billion, and Mattel is launching low-priced, small-scale Hot Wheels model kits. These initiatives may support the brand, though their financial impact is not yet clear. The Motley Fool article
• Neutral Sentiment: Mattel named Steve Totzke president and COO, while Roberto Stanichi is leaving to pursue another opportunity. The leadership change could affect execution, but its business impact remains uncertain. Mattel leadership announcement
• Negative Sentiment: Third-quarter revenue of $1.81 billion missed the $1.84 billion estimate. Mattel lowered its 2026 EPS guidance to $1.05–$1.20, below the $1.30 consensus, and revenue guidance to $5.4–$5.6 billion versus $5.7 billion expected. It also reduced its full-year sales-growth outlook to 1%–4%, raising concerns about demand heading into the holiday season. Reuters report on Mattel’s forecast
• Negative Sentiment: Tariff refunds contributed to stronger margins, so the earnings beat may overstate the strength of ongoing operations. The lowered outlook and sales miss are the clearest near-term headwinds for MAT. Barron’s analysis

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MAT. Argus restated a “buy” rating and set a $22.00 price objective on shares of Mattel in a research report on Tuesday, August 25th. Odeon Capital Group started coverage on Mattel in a research note on Thursday, July 16th. They set a “buy” rating for the company. Bank of America reaffirmed a “buy” rating and issued a $21.00 price target on shares of Mattel in a report on Friday. Seaport Research Partners upgraded shares of Mattel from a “neutral” rating to a “buy” rating and set a $20.00 target price on the stock in a research report on Monday, October 12th. Finally, UBS Group reissued a “buy” rating on shares of Mattel in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Mattel currently has a consensus rating of “Hold” and an average price target of $18.09.

Mattel Stock Performance

The stock has a market cap of $4.39 billion, a P/E ratio of 8.98, a PEG ratio of 1.65 and a beta of 0.59. The firm’s 50-day moving average price is $15.02 and its 200-day moving average price is $15.38. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.90 and a quick ratio of 1.26.

Mattel (NASDAQ:MAT) last announced its earnings results on Thursday, November 5th. The company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.36. Mattel had a net margin of 7.79% and a return on equity of 16.20%. The firm had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same period in the prior year, the company earned $0.89 EPS. The business’s revenue was up 4.1% compared to the same quarter last year. Sell-side analysts expect that Mattel, Inc. will post 1.30 earnings per share for the current fiscal year.

Insider Activity at Mattel

In related news, EVP Roberto Isaias sold 39,083 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $15.02, for a total transaction of $587,026.66. Following the completion of the sale, the executive vice president directly owned 144,390 shares in the company, valued at $2,168,737.80. This represents a 21.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Mattel

Hedge funds and other institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC acquired a new position in shares of Mattel during the 2nd quarter worth about $37,000. Global Retirement Partners LLC acquired a new position in Mattel during the 2nd quarter worth approximately $38,000. Rakuten Securities Inc. purchased a new position in Mattel in the second quarter valued at approximately $42,000. Farther Finance Advisors LLC grew its stake in Mattel by 253.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,559 shares of the company’s stock worth $45,000 after buying an additional 2,553 shares during the last quarter. Finally, Covestor Ltd increased its position in Mattel by 81.7% in the 3rd quarter. Covestor Ltd now owns 4,115 shares of the company’s stock valued at $53,000 after acquiring an additional 1,850 shares during the period. Institutional investors and hedge funds own 97.15% of the company’s stock.

Mattel Company Profile

Mattel, Inc is a global toy and entertainment company that designs, manufactures and markets a broad portfolio of toys, games and consumer products. Its best-known brands include Barbie, Hot Wheels, Fisher-Price, American Girl, Matchbox, UNO, Masters of the Universe and Thomas & Friends. Mattel also develops entertainment content and licenses its intellectual property for use in consumer products, digital experiences and other media.

Founded in 1945, Mattel has expanded from a U.S.