Mattel, Inc. (MAT)
NASDAQ: MAT · IEX Real-Time Price · USD
16.25
+0.03 (0.18%)
At close: Jul 2, 2024, 4:00 PM
17.00
+0.75 (4.62%)
After-hours: Jul 2, 2024, 7:18 PM EDT

Mattel Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Mattel stock have an average target of 23.1, with a low estimate of 19 and a high estimate of 27. The average target predicts an increase of 42.15% from the current stock price of 16.25.

Analyst Consensus: Buy
Target Low Average Median High
Price $19 $23.1 $24 $27
Change +16.92% +42.15% +47.69% +66.15%
* Price targets were last updated on Apr 24, 2024.

Analyst Ratings

The average analyst rating for Mattel stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 555555
Buy 221111
Hold 234444
Sell 000000
Strong Sell 000000
Total 91010101010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$25$26
Strong Buy Maintains $25$26 +60.00% Apr 24, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$25$26
Strong Buy Maintains $25$26 +60.00% Apr 24, 2024
Roth MKM
Roth MKM
Hold
Maintains
$21
Hold Maintains $21 +29.23% Apr 24, 2024
DA Davidson
DA Davidson
Strong Buy
Maintains
$26$27
Strong Buy Maintains $26$27 +66.15% Apr 24, 2024
Jefferies
Jefferies
Hold
Maintains
$19$20
Hold Maintains $19$20 +23.08% Mar 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
5.45B
from 5.44B
Increased by 0.11%
Revenue Next Year
5.61B
from 5.45B
Increased by 3.03%
EPS This Year
1.42
from 0.60
Increased by 137.45%
EPS Next Year
1.56
from 1.42
Increased by 9.26%
Year 2019202020212022202320242025202620272028
Revenue
4.50B4.59B5.46B5.43B5.44B5.45B5.61B5.81B6.07B6.25B
Revenue Growth
-0.23%1.86%18.95%-0.42%0.12%0.11%3.03%3.55%4.44%3.05%
EPS
-0.630.352.531.100.601.421.561.731.882.06
EPS Growth
--622.86%-56.52%-45.45%137.45%9.26%11.21%8.52%9.68%
Forward PE
-----11.4110.449.398.657.89
No. Analysts -----1717722
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 5.7B 5.9B 6.2B 6.3B 6.5B
Avg 5.4B 5.6B 5.8B 6.1B 6.3B
Low 5.1B 5.2B 5.5B 5.9B 6.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
5.3%
9.0%
10.4%
8.6%
7.1%
Avg
0.1%
3.0%
3.5%
4.4%
3.0%
Low
-5.5%
-3.9%
-2.3%
1.3%
-0.0%

EPS Forecast

EPS 20242025202620272028
High 1.52 1.79 1.94 1.95 2.14
Avg 1.42 1.56 1.73 1.88 2.06
Low 1.31 1.37 1.54 1.82 2.00

EPS Growth

EPS Growth 20242025202620272028
High
153.8%
25.7%
24.8%
12.8%
14.0%
Avg
137.5%
9.3%
11.2%
8.5%
9.7%
Low
118.9%
-3.7%
-1.2%
5.3%
6.4%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.