Mattel (NASDAQ:MAT) Cut to Underweight at JPMorgan Chase & Co.

JPMorgan Chase & Co. downgraded shares of Mattel (NASDAQ:MAT) from a neutral rating to an underweight rating in a research note published on Wednesday, MarketBeat reports. JPMorgan Chase & Co. currently has $14.00 target price on the stock.

A number of other analysts have also recently commented on MAT. Roth Mkm lifted their price target on Mattel from $20.00 to $22.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Cfra cut Mattel from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, October 22nd. Zacks Research downgraded Mattel from a “hold” rating to a “strong sell” rating in a report on Monday, January 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Mattel in a research report on Wednesday, December 24th. Finally, Seaport Research Partners upgraded shares of Mattel to a “hold” rating in a report on Monday, November 10th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $18.38.

Mattel Stock Up 3.9%

NASDAQ:MAT opened at $16.47 on Wednesday. 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 has a twelve month low of $13.94 and a twelve month high of $22.48. The company has a market cap of $5.12 billion, a PE ratio of 13.07, a P/E/G ratio of 2.23 and a beta of 0.70. The company’s 50 day moving average is $20.45 and its two-hundred day moving average is $19.09.

Mattel (NASDAQ:MAT) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.39 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 analyst estimates of $1.85 billion. Mattel had a return on equity of 20.72% and a net margin of 7.44%.The company’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.35 earnings per share. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. Analysts anticipate that Mattel will post 1.7 EPS for the current year.

Institutional Investors Weigh In On Mattel

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

Key Stories Impacting Mattel

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Paramount deal for Teenage Mutant Ninja Turtles licensing provides a near-term content/licensing revenue catalyst and supports IP monetization potential. Teenage Mutant Ninja Turtles Deal
• Positive Sentiment: Mattel is marking American Girl’s 40th anniversary with new product lines (dolls, books), which can boost the stable, higher-margin franchise sales in 2026. American Girl 40th Anniversary
• Positive Sentiment: New Masters of the Universe movie toys expand Mattel’s film/IP tie-ins — supports licensing and merchandising upside if the film performs. Masters of the Universe Toys
• Positive Sentiment: Zacks upgraded Mattel from “strong sell” to “hold,” which may stabilize sentiment among some retail investors. Zacks Upgrade
• Neutral Sentiment: Goldman Sachs cut its price target from $21 to $16 and set a “neutral” rating — removes upside expectations from a major sell-side shop and may cap near-term rallies. Goldman Sachs Price Target Cut
• Negative Sentiment: MSN reports Barbie is facing renewed demand issues — the brand’s softness is a core driver of the earnings/guidance miss and investor concern. Why Barbie Is a Problem
• Negative Sentiment: Zacks added MAT to its Zacks Rank #5 (Strong Sell) list (separate item), signaling downside risk among momentum-focused investors. Zacks Strong Sell List
• Negative Sentiment: Coverage and market reaction to Q4: multiple outlets report a gap-down after earnings and weak 2026 guidance (EPS guidance $1.18–$1.30 vs. higher consensus), margin pressure from tariffs and cost absorption, and a planned $150M digital investment — all cited as reasons for a steep share decline. Shares Gap Down on Earnings
• Negative Sentiment: WSJ and Seeking Alpha coverage highlight that Mattel experienced its sharpest decline in decades and that competitor Hasbro has outperformed this year — reinforcing negative sentiment and potential market-share concerns. WSJ: Stock Suffers Sharp Decline Hasbro Outperforming
• Negative Sentiment: Analyst write-ups (Seeking Alpha) warn “more pain ahead” due to margins and lower-than-expected 2026 EPS guidance, which could keep sell-side pressure and cap rebounds until clearer margin recovery is visible. Q4: More Pain Ahead

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.