Mattel (NASDAQ:MAT) Stock Rating Lowered by JPMorgan Chase & Co.

Mattel (NASDAQ:MAT) was downgraded by JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a report released on Wednesday, MarketBeat Ratings reports. They currently have a $14.00 target price on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential downside of 11.67% from the stock’s previous close.

Several other research firms also recently weighed in on MAT. DA Davidson cut their price objective on Mattel from $30.00 to $25.00 and set a “buy” rating on the stock in a report on Wednesday, October 22nd. Cfra Research downgraded Mattel from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, October 22nd. Morgan Stanley restated a “positive” rating on shares of Mattel in a report on Monday, February 2nd. Zacks Research lowered shares of Mattel from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Finally, The Goldman Sachs Group downgraded shares of Mattel from a “buy” rating to a “neutral” rating and set a $21.00 target price on the stock. in a research report on Friday, January 9th. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $18.38.

Mattel Stock Up 0.3%

MAT stock opened at $15.85 on Wednesday. The firm has a 50-day moving average price of $20.55 and a 200-day moving average price of $19.10. Mattel has a 12 month low of $13.94 and a 12 month high of $22.48. The company has a current ratio of 2.15, a quick ratio of 1.18 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $4.93 billion, a P/E ratio of 12.58, a price-to-earnings-growth ratio of 1.87 and a beta of 0.70.

Mattel (NASDAQ:MAT) last announced its quarterly 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). The company had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.85 billion. Mattel had a net margin of 7.44% and a return on equity of 20.72%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period last year, the firm posted $0.35 earnings per share. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. As a group, equities research analysts anticipate that Mattel will post 1.7 EPS for the current fiscal year.

Hedge Funds Weigh In On Mattel

Several hedge funds and other institutional investors have recently bought and sold shares of the company. EdgePoint Investment Group Inc. grew its holdings in Mattel by 12.9% during the 2nd quarter. EdgePoint Investment Group Inc. now owns 40,823,584 shares of the company’s stock worth $805,041,000 after acquiring an additional 4,665,541 shares during the period. Mane Global Capital Management LP bought a new stake in shares of Mattel during the 2nd quarter valued at about $56,619,000. Norges Bank acquired a new stake in Mattel during the second quarter worth approximately $55,651,000. Simcoe Capital Management LLC acquired a new stake in Mattel during the third quarter worth approximately $39,044,000. Finally, BNP Paribas Financial Markets increased its holdings in Mattel by 4,633.8% in the third quarter. BNP Paribas Financial Markets now owns 1,581,292 shares of the company’s stock worth $26,613,000 after purchasing an additional 1,547,888 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: 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.