Mattel (NASDAQ:MAT) Price Target Cut to $16.00 by Analysts at The Goldman Sachs Group

Mattel (NASDAQ:MAT) had its price target lowered by The Goldman Sachs Group from $21.00 to $16.00 in a report issued on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

Several other research firms have also issued reports on MAT. Zacks Research upgraded Mattel from a “strong sell” rating to a “hold” rating in a report on Tuesday. Jefferies Financial Group lowered their price objective on shares of Mattel from $25.00 to $19.00 and set a “buy” rating on the stock in a research note on Wednesday. Seaport Research Partners upgraded shares of Mattel to a “hold” rating in a research note on Monday, November 10th. JPMorgan Chase & Co. cut Mattel from a “neutral” rating to an “underweight” rating and set a $14.00 price target for the company. in a report on Wednesday. Finally, Roth Mkm set a $16.00 price objective on Mattel in a research note on Wednesday. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $18.38.

Mattel Price Performance

MAT stock opened at $15.85 on Thursday. The stock has a 50-day moving average price of $20.55 and a two-hundred day moving average price of $19.10. Mattel has a 1 year low of $13.94 and a 1 year high of $22.48. The stock has a market cap of $4.93 billion, a PE ratio of 12.58, a price-to-earnings-growth ratio of 1.87 and a beta of 0.70. The company has a current ratio of 2.15, a quick ratio of 1.18 and a debt-to-equity ratio of 1.04.

Mattel (NASDAQ:MAT) last released its earnings results on Tuesday, February 10th. The company reported $0.39 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 the consensus estimate of $1.85 billion. During the same quarter in the previous year, the firm posted $0.35 EPS. The company’s revenue was up 7.3% on a year-over-year basis. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. Equities analysts forecast that Mattel will post 1.7 EPS for the current fiscal year.

Institutional Trading of Mattel

Several hedge funds and other institutional investors have recently bought and sold shares of MAT. Cornerstone Planning Group LLC raised its position in shares of Mattel by 537.7% in the third quarter. Cornerstone Planning Group LLC now owns 1,352 shares of the company’s stock valued at $25,000 after buying an additional 1,140 shares in the last quarter. Quarry LP bought a new position in Mattel during the 3rd quarter worth $28,000. Los Angeles Capital Management LLC acquired a new position in Mattel in the 4th quarter valued at $31,000. Farther Finance Advisors LLC lifted its position in shares of Mattel by 107.5% during the 4th quarter. Farther Finance Advisors LLC now owns 2,023 shares of the company’s stock valued at $40,000 after acquiring an additional 1,048 shares during the period. Finally, Traub Capital Management LLC bought a new stake in shares of Mattel during the 2nd quarter valued at $40,000. Institutional investors and hedge funds own 97.15% of the company’s stock.

Key Headlines Impacting Mattel

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: New content and licensing deals could support future revenue (Teenage Mutant Ninja Turtles collaboration with Paramount). Teenage Mutant Ninja Turtles Deal
• Positive Sentiment: Brand extensions and product launches (American Girl 40th anniversary items; new Masters of the Universe movie toys) provide longer‑term monetization opportunities. American Girl Anniversary Masters of the Universe Toys
• Neutral Sentiment: Analyst sentiment is mixed: Zacks upgraded MAT from “strong sell” to “hold,” signaling reduced downside risk but not a clear bullish catalyst. Zacks Upgrade
• Negative Sentiment: Q4 results missed revenue and EPS estimates; management flagged softer holiday demand, discounting, and margin headwinds — the earnings/guidance shock drove a ~25–30% plunge in the stock. Q4 Results & Guidance
• Negative Sentiment: Analysts cut targets and ratings after the print: Goldman lowered its price target to $16 with a “neutral” rating, and JPMorgan downgraded to “underweight” with a $14 target — adding selling pressure. Goldman Sachs PT Cut JPMorgan Downgrade
• Negative Sentiment: Management plans ~ $150M of digital/operational investment and will take full ownership of Mattel163 — strategic for long‑term gaming exposure but a near‑term drag on margins and cash flow. Mattel163 Acquisition

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.