Mattel (NASDAQ:MAT) Research Coverage Started at Wells Fargo & Company

Wells Fargo & Company started coverage on shares of Mattel (NASDAQ:MAT) in a report issued on Wednesday morning, Marketbeat reports. The firm issued an overweight rating and a $19.00 target price on the stock.

A number of other analysts have also recently issued reports on MAT. DA Davidson cut their price objective on Mattel from $25.00 to $18.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Roth Mkm set a $16.00 price target on Mattel in a research note on Wednesday, February 11th. Weiss Ratings downgraded Mattel from a “buy (b-)” rating to a “hold (c)” rating in a report on Wednesday, March 4th. The Goldman Sachs Group lifted their price objective on shares of Mattel from $16.00 to $18.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 18th. Finally, Citigroup downgraded shares of Mattel from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $25.00 to $16.00 in a report on Wednesday, February 11th. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Mattel currently has an average rating of “Hold” and an average target price of $18.44.

Mattel Stock Down 1.0%

Mattel stock opened at $16.06 on Wednesday. The company has a debt-to-equity ratio of 1.04, a current ratio of 2.15 and a quick ratio of 1.76. The company’s 50-day moving average is $19.00 and its 200-day moving average is $18.95. The firm has a market capitalization of $4.85 billion, a PE ratio of 12.75 and a beta of 0.72. Mattel has a fifty-two week low of $13.94 and a fifty-two week high of $22.48.

Mattel (NASDAQ:MAT) last issued its earnings results on Tuesday, February 10th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.14). Mattel had a net margin of 7.44% and a return on equity of 20.72%. The firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.85 billion. During the same quarter last year, the business posted $0.35 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. Sell-side analysts anticipate that Mattel will post 1.7 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MAT. EdgePoint Investment Group Inc. lifted its holdings in shares of Mattel by 12.9% during the second quarter. EdgePoint Investment Group Inc. now owns 40,823,584 shares of the company’s stock worth $805,041,000 after buying an additional 4,665,541 shares in the last quarter. Mane Global Capital Management LP acquired a new position in shares of Mattel in the second quarter valued at about $56,619,000. Norges Bank acquired a new position in shares of Mattel in the second quarter valued at about $55,651,000. Alyeska Investment Group L.P. increased its position in Mattel by 274.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 3,445,360 shares of the company’s stock worth $68,356,000 after acquiring an additional 2,524,123 shares during the period. Finally, Serenity Capital Management PTE. LTD. bought a new position in Mattel during the fourth quarter worth about $47,331,000. 97.15% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Mattel

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Serenity Capital Management opened a roughly $43M Mattel stake, signaling institutional confidence and potential buying support. Serenity Capital Management Opens $43 Million Mattel Position
• Positive Sentiment: Management is pushing a brand‑centric pivot into IP, gaming and entertainment as the next growth phase — a strategic shift that could expand revenue streams beyond toys if execution succeeds. Mattel bets on IP, gaming and entertainment to drive next phase of growth
• Neutral Sentiment: CEO commentary (interviews and conference appearances) emphasizes 2026 as a transformational year converting Mattel into an IP/entertainment platform — useful for long‑term thesis but dependent on milestones. Mattel CEO: 2026 is transformational year for brand-centric strategy
• Neutral Sentiment: Mattel presented at the UBS Global Consumer & Retail conference (slides/transcript available) — ongoing investor outreach that can reduce informational uncertainty but won’t immediately change fundamentals. Mattel, Inc. (MAT) Presents at UBS Global Consumer and Retail Conference – Slideshow
• Neutral Sentiment: Marketing/brand programs (e.g., Hot Wheels Legends Tour) sustain consumer engagement and merchandising opportunities but are low near‑term earnings drivers. Hot Wheels Legends Tour Now Accepting Entries
• Negative Sentiment: The Portnoy Law Firm announced an investigation into possible securities fraud and may file a class action — legal risk increases uncertainty and could lead to costs or management distraction. Mattel, Inc. Investigated by the Portnoy Law Firm
• Negative Sentiment: Zacks downgraded Mattel from “hold” to “strong sell,” which can amplify selling pressure from retail and momentum traders. Zacks.com

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.