Mattel (NASDAQ:MAT) Given New $13.00 Price Target at JPMorgan Chase & Co.

Mattel (NASDAQ:MAT) had its price objective reduced by equities researchers at JPMorgan Chase & Co. from $14.00 to $13.00 in a report issued on Thursday,Benzinga reports. The firm presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential downside of 13.79% from the company’s current price.

Several other brokerages have also issued reports on MAT. Weiss Ratings lowered shares of Mattel from a “buy (b-)” rating to a “hold (c)” rating in a research note on Wednesday, March 4th. DA Davidson dropped their price target on shares of Mattel from $25.00 to $18.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Roth Mkm set a $16.00 price objective on shares of Mattel in a research note on Wednesday, February 11th. Jefferies Financial Group lowered their target price on shares of Mattel from $25.00 to $19.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Finally, Citigroup cut shares of Mattel from a “buy” rating to a “neutral” rating and dropped their target price for the company from $25.00 to $16.00 in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $18.22.

Mattel Trading Up 1.3%

Shares of NASDAQ MAT traded up $0.19 during midday trading on Thursday, hitting $15.08. The stock had a trading volume of 8,235,991 shares, compared to its average volume of 5,126,624. The firm has a market cap of $4.38 billion, a P/E ratio of 11.97 and a beta of 0.78. Mattel has a fifty-two week low of $14.10 and a fifty-two week high of $22.48. 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 simple moving average is $15.37 and its 200 day simple moving average is $18.27.

Mattel (NASDAQ:MAT) last posted its quarterly earnings results on Wednesday, April 29th. The company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.24) by $0.04. The business had revenue of $862.20 million for the quarter, compared to analysts’ expectations of $809.19 million. Mattel had a return on equity of 20.72% and a net margin of 7.44%.The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the business earned ($0.03) earnings per share. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Research analysts anticipate that Mattel will post 1.3 EPS for the current year.

Institutional Trading of Mattel

Several hedge funds have recently added to or reduced their stakes in MAT. JPMorgan Chase & Co. raised its position in shares of Mattel by 21.2% during the third quarter. JPMorgan Chase & Co. now owns 1,393,829 shares of the company’s stock worth $23,458,000 after purchasing an additional 244,030 shares during the period. Envestnet Asset Management Inc. lifted its position in Mattel by 20.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 445,826 shares of the company’s stock valued at $7,503,000 after acquiring an additional 75,124 shares in the last quarter. Simcoe Capital Management LLC acquired a new position in Mattel in the 3rd quarter worth $39,044,000. 44 Wealth Management LLC bought a new position in Mattel during the 3rd quarter worth about $1,338,000. Finally, Great Lakes Advisors LLC increased its holdings in Mattel by 37.1% during the 3rd quarter. Great Lakes Advisors LLC now owns 318,769 shares of the company’s stock worth $5,365,000 after purchasing an additional 86,207 shares in the last quarter. Institutional investors and hedge funds own 97.15% of the company’s stock.

Key Stories Impacting Mattel

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Q1 beat — Mattel reported net sales of $862M (up ~4%) and an EPS loss smaller than expected, with Vehicles/Hot Wheels cited as the growth driver. The beat underpins the rally as revenue and demand trends surprised to the upside. Mattel Q1 Earnings Beat Estimates on Vehicles-Led Net Sales
• Positive Sentiment: Company outlook/forecast — management raised/maintained FY2026 profit guidance (adjusted EPS $1.27–$1.39) and signaled continued top-line acceleration into Q2, giving investors confidence in forward earnings potential. Mattel tops quarterly sales estimates on steady toy demand, entertainment push
• Positive Sentiment: Strategic upside & buybacks — bullish analysis highlights Mattel’s shift to an IP-driven entertainment model, mobile/gaming expansion and a $1.5B buyback plan that could meaningfully reduce share count and lift per?share metrics. This supports a constructive view on longer-term upside. Mattel: Time To Go Toy Shopping
• Positive Sentiment: New product momentum — collectible and specialty drops (K?pop Demon Hunters blind?box figures; new WWE Elite WrestleMania wave) help maintain retail relevance and drive niche, high-margin sales. Mattel Drops New KPop Demon Hunters Blind Box Figures
• Neutral Sentiment: He?Man creator Roger Sweet died — memorial coverage ahead of the upcoming Masters of the Universe release may generate short-term publicity for Mattel’s IP, but the item is not a driver of fundamentals. He-Man creator Roger Sweet dies at 91
• Negative Sentiment: Margin pressure — company margins slipped in Q1 due to tariffs, FX and inflationary input costs; management says some tariff headwinds are easing but cost inflation (including oil) remains a concern for near-term margins. Mattel battles through tariff costs, Middle East ramifications better than anticipated
• Negative Sentiment: Analyst downgrade & FCF concerns — at least one analyst cut the rating to ‘hold,’ citing execution shortfalls, persistent margin weakness in segments (toddler) and a lowered free-cash-flow outlook, which tempers enthusiasm despite the headline beat. Mattel: Lackluster Execution Limits Upside (Rating Downgrade)

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.