
Mattel (MAT) Stock Forecast & Price Target
Mattel (MAT) Analyst Ratings
Bulls say
Mattel is making strategic investments in its toy brands through the acquisition of NetEase's 50% stake in their Mattel163 joint venture, which will add $150M to sales in 2026 and result in structurally higher margins. This is part of their digital flywheel strategy, and while there is a short-term investment in SG&A, we believe it will pay off in the long run as they target mobile gaming and bolster their IP. The acquisition and investment in digital games also shows their potential for success in the changing consumer landscape, although there are risks of competition, seasonality, and aligning with consumer interests. Overall, we believe Mattel's strong brand portfolio and strategic investments make for a positive outlook on their stock.
Bears say
Mattel is facing challenges due to a decline in retail orders, which is reflected in their key financial metrics such as gross billings and P.O.S. The company's sales in 2026 are projected to be lower than current consensus estimates, and there are concerns surrounding ongoing declines in their Barbie and ITPS segments. While there are positive catalysts from upcoming entertainment events, there are persistent headwinds that may continue to impact the company's growth. As a result, the company's stock is likely to decline in the near future.
This aggregate rating is based on analysts' research of Mattel and is not a guaranteed prediction by Public.com or investment advice.
Mattel (MAT) Analyst Forecast & Price Prediction
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