Mattel, Inc., a children's entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as content, gaming, and lifestyle products for children under the Barbie, American Girl, Polly Pocket, Spirit, and Enchantimals brands; dolls and books under the American Girl brand name; die-cast vehicles, tracks, playsets, and accessories for kids, adults, and collectors under the Hot Wheels, Matchbox, CARS, and Mario Kart brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends, Power wheels, and Fireman Sam brands. The company also provides action figures, building sets, and games under the Masters of the Universe, MEGA, UNO, Toy Story, Jurassic World, WWE, and Star Wars brands; and licensor partner brands, including Disney, NBCUniversal, WWE, Microsoft, Nickelodeon, Warner Bros, and Sanrio. It sells its products directly to consumers through its catalog, website, and proprietary retail stores; retailers, including discount and free-standing toy stores, chain stores, department stores, and other retail outlets; and wholesalers, as well as through agents and distributors. Mattel, Inc. was founded in 1945 and is headquartered in El Segundo, California.
IPO Year:
Exchange: NASDAQ
Website: mattel.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/5/2024 | $24.00 → $19.00 | Overweight → Neutral | JP Morgan |
1/17/2024 | $25.00 → $19.00 | Overweight → Equal-Weight | Morgan Stanley |
1/4/2024 | $24.00 → $20.00 | Buy → Neutral | ROTH MKM |
10/20/2023 | $26.00 | Buy | Citigroup |
9/27/2023 | $27.00 | Overweight | Morgan Stanley |
2/1/2023 | $26.00 | Buy | Goldman |
1/3/2023 | $29.00 → $26.00 | Buy | Stifel |
7/11/2022 | $30.00 → $31.00 | Neutral → Buy | Goldman |
2/24/2022 | $27.00 → $33.00 | Hold → Buy | Stifel |
2/10/2022 | $28.00 → $32.00 | Buy | Monness Crespi & Hardt |
Mattel, Inc. (NASDAQ:MAT) today announced that Jennifer Kettnich has joined the company as Vice President, Investor Relations. Kettnich reports to Mattel Chief Financial Officer Anthony DiSilvestro. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240912401039/en/Jennifer Kettnich (Photo: Business Wire) Kettnich is responsible for leading Mattel's Investor Relations function, engaging with investors and analysts and communicating the company's value proposition, investment thesis, financial performance, and long-term strategy. DiSilvestro said: "Mattel welcomes Jenn as our new head of Investor Relations to further our engagement w
Mattel, Inc. (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, announced today that Ken Wee has joined the Company as Executive Vice President and Chief Strategy Officer. Wee reports to Ynon Kreiz, Chairman and CEO of Mattel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240910784205/en/Ken Wee (Photo: Business Wire) Kreiz said: "We welcome Ken to our leadership team at an exciting point in the execution of our strategy to grow Mattel's IP-driven toy business and expand our entertainment offering. Ken brings extensive experience in strategic pla
Barbie and WNBA legend Sue Bird unveiled the new Barbie brand campaign and slogan "Give Limitless Possibilities" at Fever x Sky WNBA game on Friday, 8/30 Mattel Inc.'s (NASDAQ:MAT) Barbie® unveiled the latest Barbie brand campaign titled "Give Limitless Possibilities™" today, alongside 2024 Barbie Role Model and WNBA legend Sue Bird. The brand joined the WNBA's Barbie-themed game between the Indiana Fever and Chicago Sky at Wintrust Arena, recognizing the powerful role that play has in giving limitless possibilities to young girls in continued celebration of the brand's 65th anniversary. This press release features multimedia. View the full release here: https://www.businesswire.com/news
Mattel, Inc. (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, announced today that Sai Koorapati has been appointed Senior Vice President and Chief Technology Officer for the company, effective August 19, 2024. Koorapati will report to Anthony DiSilvestro, CFO of Mattel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240814209045/en/Sai Koorapati (Photo: Business Wire) DiSilvestro said, "We are thrilled to welcome Sai to our leadership team at Mattel. He brings to our company a strong track record leading digital transformations and proven expe
Partnership kicks off with a series of Barbie themed games with WNBA and MLB teams, furthering the brand's commitment to empowering all girls Schedule includes the Indiana Fever vs. Chicago Sky WNBA game on August 30 Mattel, Inc. (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, today announced a partnership with leading sports and entertainment marketer AthLife, Inc. to create branded game day activations at sports arenas nationwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240723852512/en/In the brand's 65th anniversary year, Barbie
Link to images here The California State Legislature has recognized Mattel for its dedication to creating play experiences that bring joy and enrichment to children's lives as part of proclaiming today, June 11, 2024, as International Day of Play in California. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611250233/en/ This inaugural International Day of Play (IDOP) is a global movement adopted by the United Nations certifying that play is a fundamental right for every child. The resolution passed, marking California as the first west coast state to do so, and encourages communities and stakeholders across the state on Ju
Mattel, Inc. (NASDAQ:MAT) announced today that Karen Ancira has been appointed Executive Vice President and Chief People Officer for the company, effective May 15, 2024. Ms. Ancira will report to Ynon Kreiz, Chairman and CEO of Mattel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240508633783/en/Karen Ancira (Photo: Business Wire) Mr. Kreiz said: "Karen is an exceptional leader with a proven track record of cultivating purpose-driven, values-based Human Resources organizations and programs for major consumer brands globally. We look forward to the impact Karen will make to further inspire and engage our high-performing and col
Mattel, Inc. (NASDAQ:MAT) announced today that Brian Fitzharris has been appointed as Senior Vice President and General Manager of Fisher-Price, effective April 22, 2024. Fitzharris will lead the Fisher-Price Infant and Toddler Core brands and serve as leader of the company's East Aurora, NY campus. Fitzharris will report to Lisa McKnight, Executive Vice President and Chief Brand Officer at Mattel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240418255689/en/Brian Fitzharris (Photo: Business Wire) "We are thrilled to welcome Brian back to Mattel in this pivotal role at such an exciting time for Fisher-Price as we seek to stren
Barbie brand commemorates milestone anniversary ahead of International Women's Day by: • Honoring a global lineup of role models inspiring stories and shaping the future • Expanding Barbie Dream Gap Project partnership with Inspiring Girls International • Collaborating with over 40 brand partners Mattel, Inc. (NASDAQ:MAT) announced today its kickoff to celebrate the 65th anniversary of Barbie and over six decades of breaking down boundaries and inspiring girls through storytelling, encouraging them to be confident, daring, brave and legendary. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240305438605/en/Barbie® Celebrates 65
Mattel, Inc. (NASDAQ:MAT) announced today that Christopher Farrell has joined the Company as Executive Vice President and Chief Strategy Officer, effective immediately. Mr. Farrell will lead strategic planning and corporate development for the Company, including identifying opportunities to accelerate growth and profitability and optimize business performance. He will report to Ynon Kreiz, Chairman and CEO of Mattel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240208191853/en/Christopher Farrell (Photo: Business Wire) Mr. Kreiz said: "Chris brings to Mattel a wealth of expertise in strategic planning, M&A, and corporate devel
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From Mattel Television Studios and WildBrain, the 66-Minute Special Debuts Amidst Polly Pocket's 35th Anniversary Year WATCH TRAILER HERE DOWNLOAD KEY ART HERE Mattel, Inc. (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, and WildBrain, a global leader in kids' and family entertainment, today announced the new animated special Polly Pocket: Adventures in Rio from Mattel Television Studios and WildBrain. The brand-new 66-minute special features an original song and debuts Monday, September 16 on Prime Video in the U.S. and U.K. This press release features multimedia. View the full release here: https://w
The loveable purple dinosaur returns for super-dee-duper adventures October 14 on Max; first episode debuts early on Barney's YouTube channel October 11 Content will also broadcast on Cartoon Network in the US, Cartoonito in EMEA and APAC, Discovery Kids in LATAM, and Treehouse in Canada Watch the animated music video HERE Download stills HERE Mattel, Inc. (NASDAQ:MAT) today debuted a new animated video and re-imagined lyrics for Barney's classic "I Love You" song alongside new images from the upcoming series, Barney's World. Consisting of 52 11-minute episodes, Barney's World will begin streaming on Max October 14, followed by a linear premiere on Cartoon Network starting Friday, Octob
Mattel, Inc. (NASDAQ:MAT) today announced that Jennifer Kettnich has joined the company as Vice President, Investor Relations. Kettnich reports to Mattel Chief Financial Officer Anthony DiSilvestro. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240912401039/en/Jennifer Kettnich (Photo: Business Wire) Kettnich is responsible for leading Mattel's Investor Relations function, engaging with investors and analysts and communicating the company's value proposition, investment thesis, financial performance, and long-term strategy. DiSilvestro said: "Mattel welcomes Jenn as our new head of Investor Relations to further our engagement w
A budding entrepreneur, Summer™ joins the brand's popular line of character dolls and books that inspire kids with courage, confidence, and strength of character To champion children's literacy, brand donates more than $100,0001 in American Girl books to longtime education partner and leading children's nonprofit Save the Children Today, American Girl, a cornerstone in Mattel's (NASDAQ:MAT) portfolio of purposeful brands, unveils its 2025 Girl of the Year, Summer McKinny. Summer joins the brand's line of contemporary characters that represent a wide range of backgrounds and interests to reflect what it means to be an American girl today. Growing up in Columbia, Maryland, ten-year-old Summ
Mattel, Inc. (NASDAQ:MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, announced today that Ken Wee has joined the Company as Executive Vice President and Chief Strategy Officer. Wee reports to Ynon Kreiz, Chairman and CEO of Mattel. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240910784205/en/Ken Wee (Photo: Business Wire) Kreiz said: "We welcome Ken to our leadership team at an exciting point in the execution of our strategy to grow Mattel's IP-driven toy business and expand our entertainment offering. Ken brings extensive experience in strategic pla
Linear premiere starts Friday, October 18 on Cartoon Network in the US; series also coming to Cartoonito in EMEA and APAC, Discovery Kids in LATAM Mattel Television Studios relaunching the iconic purple dinosaur with all-new animated series DOWNLOAD KEY ART HERE WATCH TEASER TRAILER HERE MEET BARNEY, BABY BOP, AND BILLY! Mattel, Inc. (NASDAQ:MAT) and Warner Bros. Discovery announced today that Barney, Mattel's iconic purple dinosaur, will return to television screens for the first time in 14 years. Barney's World, a new animated series featuring original music and updated takes on Barney classics, will premiere Monday, October 14 on Max followed by a linear premiere on Cartoon Net
Barbie and WNBA legend Sue Bird unveiled the new Barbie brand campaign and slogan "Give Limitless Possibilities" at Fever x Sky WNBA game on Friday, 8/30 Mattel Inc.'s (NASDAQ:MAT) Barbie® unveiled the latest Barbie brand campaign titled "Give Limitless Possibilities™" today, alongside 2024 Barbie Role Model and WNBA legend Sue Bird. The brand joined the WNBA's Barbie-themed game between the Indiana Fever and Chicago Sky at Wintrust Arena, recognizing the powerful role that play has in giving limitless possibilities to young girls in continued celebration of the brand's 65th anniversary. This press release features multimedia. View the full release here: https://www.businesswire.com/news
Mattel, Inc. (NASDAQ:MAT) today announced that Ynon Kreiz, Mattel's Chairman and Chief Executive Officer, and Anthony DiSilvestro, Mattel's Chief Financial Officer, will participate in a fireside chat at the Goldman Sachs Communacopia and Technology Conference on Monday, September 9, 2024 at 11:50 a.m. Eastern time. The webcast will be available on Mattel's Investor Relations website, https://investors.mattel.com/. To listen to the webcast, log onto the website at least 15 minutes early to register, download, and install any necessary software. An archive of the webcast will be available on the Company's website shortly after the completion of the live webcast. About Mattel Mattel is
First of its kind fashion and beauty collection spans Barbie's six-decade history with eight looks created by groundbreaking designers - Hilary MacMillan, ai, Paris Jewellers Canada, Cheekbone Beauty and Sol Kyst TORONTO, Aug. 15, 2024 /CNW/ - Mattel, Inc. (NASDAQ:MAT) announced today a multi-brand collaboration between the iconic Barbie brand and five female-led Canadian companies. Timed to the 65th anniversary of Barbie, the collection highlights the impact of Barbie through the decades with a unique design lens from each brand. As a collaborative effort, each Canadian brand - Hilary MacMillan, ai, Paris Jewellers Canada, Cheekbone Beauty and Sol Kyst - worked seamlessly together to desig
UNO Car Party! will begin rolling out to over 500,000 BMW and MINI vehicles through AirConsole starting August 21st Mattel, Inc. (NASDAQ:MAT), AirConsole, and BMW Group announced today that Mattel's classic card game UNO™ will be revealed next week for in-car gaming in Cologne, Germany at gamescom 2024, the world's largest, leading event for video games. Visitors to the AirConsole booth (Hall 10.1, Stand B028 - C029) will be the first to experience UNO® Car Party! in the new BMW X3, which tailors the world's #1 card game* for in-car gaming. The game will roll out via the AirConsole platform to over 500,000 BMW and MINI vehicles over-the-air on August 21st. This press release features mul
Second Quarter 2024 Highlights Versus Prior Year Net Sales of $1,080 million, down 1% as reported, and comparable in constant currency Gross Margin of 49.2%, an increase of 410 basis points; Adjusted Gross Margin of 49.2%, an increase of 430 basis points Operating Income of $83 million, an improvement of $20 million; Adjusted Operating Income of $96 million, an improvement of $21 million Net Income of $57 million, an improvement of $30 million Earnings per Share of $0.17 compared to $0.08 per share; Adjusted Earnings per Share of $0.19 compared to $0.10 per share Adjusted EBITDA of $171 million, an improvement of $23 million Repurchased $100 million of shares, bringing
Mattel, Inc. (NASDAQ:MAT) today announced that it plans to release its second quarter 2024 financial results on Tuesday, July 23, 2024, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the Company's website for 12 months following the event. Certain financial and s
First Quarter 2024 Highlights Versus Prior Year Net Sales of $810 million, down 1% as reported and in constant currency Gross Margin of 48.0%, an increase of 800 basis points; Adjusted Gross Margin of 48.3%, an increase of 830 basis points Operating Loss of $36 million, an improvement of $80 million; Adjusted Operating Loss of $23 million, an improvement of $63 million Net Loss of $28 million, an improvement of $78 million Loss per Share of $0.08 compared to a Loss of $0.30 per share; Adjusted Loss per Share of $0.05 compared to an Adjusted Loss of $0.24 per share Adjusted EBITDA of $54 million, an improvement of $67 million Repurchased $100 million of shares Company
Mattel, Inc. (NASDAQ:MAT) today announced that it plans to release its first quarter 2024 financial results on Tuesday, April 23, 2024, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the Company's website for 12 months following the event. Certain financial and s
Fourth Quarter 2023 Highlights Versus Prior Year Net Sales of $1,621 million, up 16% as reported, or 14% in constant currency Gross Margin of 48.8%, an increase of 580 basis points; Adjusted Gross Margin of 48.8%, an increase of 570 basis points Operating Income of $140 million, an increase of $61 million; Adjusted Operating Income of $147 million, an increase of $68 million Net Income of $147 million, an increase of $131 million Earnings per Share of $0.42 compared to $0.04 per share; Adjusted Earnings per Share of $0.29 compared to $0.18 per share Adjusted EBITDA of $234 million, an increase of $76 million Full Year 2023 Highlights Versus Prior Year Net Sales of $5
Mattel, Inc. (NASDAQ:MAT) today announced that it plans to release its fourth quarter and full year 2023 financial results on Wednesday, February 7, 2024, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the Company's website for 12 months following the event. Cert
Third Quarter 2023 Highlights Versus Prior Year Net Sales of $1,919 million, up 9% as reported, or 7% in constant currency Gross Margin of 51.0%, an increase of 280 basis points; Adjusted Gross Margin of 51.0%, an increase of 270 basis points Operating Income of $474 million, an increase of $82 million; Adjusted Operating Income of $506 million, an increase of $108 million Net Income of $146 million, which includes a non-cash charge of $212 million relating to the establishment of a valuation allowance on foreign deferred tax assets, compared to prior year Net Income of $290 million Earnings per Share of $0.41 compared to prior year Earnings per Share of $0.80; Adjusted Earni
Mattel, Inc. (NASDAQ:MAT) today announced that it plans to release its third quarter 2023 financial results on Wednesday, October 25, 2023, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the Company's website for 12 months following the event. Certain financial a
Second Quarter 2023 Highlights Versus Prior Year Net Sales of $1,087 million, down 12% as reported, or 13% in constant currency Gross Margin of 45.1%, an increase of 70 basis points; Adjusted Gross Margin of 44.9%, flat to the prior year Operating Income of $63 million, a decrease of $62 million; Adjusted Operating Income of $75 million, a decrease of $47 million Net Income of $27 million compared to prior year Net Income of $66 million Earnings per Share of $0.08 compared to prior year Earnings per Share of $0.18; Adjusted Earnings per Share of $0.10 compared to prior year Adjusted Earnings per Share of $0.18 Adjusted EBITDA of $148 million, a decrease of $37 million R
Mattel, Inc. (NASDAQ:MAT) today announced that it plans to release its second quarter 2023 financial results on Wednesday, July 26, 2023, at approximately 4:05 p.m. Eastern Time. Following this, Mattel will host a webcast conference call at 5:00 p.m. Eastern Time. The webcast and accompanying slides will be available under the Events and Presentations section of Mattel's Investor Relations website, https://investors.mattel.com. To listen to the webcast, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the Company's website for 12 months following the event. Certain financial and
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Shares of General Dynamics Corporation (NYSE:GD) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter EPS results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29, according to data from Benzinga Pro. General Dynamics shares declined 5.2% to $279.26 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers NuZee, Inc. (NASDAQ:NUZE) jumped 192% to $3.01. Dermata Therapeutics, Inc. (NASDAQ:DRMA) rose 142.4% to $3.0799 after falling over 22% on Tuesday. Selina Hospitality PLC
U.S. stocks were lower, with the Dow Jones index falling around 350 points on Wednesday. Shares of AT&T Inc. (NYSE:T) rose during Wednesday's session following second-quarter earnings. AT&T reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion. Adjusted EPS of 57 cents is in line with the analyst consensus estimate, according to data from Benzinga Pro. AT&T shares gained 3.1% to $18.78 on Wednesday. Here are some other big stocks recording gains in today’s session. PROG Holdings, Inc. (NYSE:PRG) shares jumped 20.4% to $41.71 after the company reported better-than-expected s
Mattel, Inc. (NASDAQ:MAT) reported its second-quarter financial results Tuesday. Here's a look at the details from the report. The Details: Mattel reported quarterly earnings of 19 cents per share, which beat the analyst consensus estimate of 17 cents by 11.76%. Quarterly sales came in at $1.08 billion which missed the analyst consensus estimate of $1.10 billion by 1.59% and represents a 0.64% decrease from the same period last year. Mattel reported adjusted gross margin increased to 49.2%, primarily driven by savings from the Optimizing for Profitable Growth program, cost deflation, lower sales adjustments and lower inventory management costs. Read Also: SunPower Stock Attempts To
Mattel (NASDAQ:MAT) reported quarterly earnings of $0.19 per share which beat the analyst consensus estimate of $0.17 by 11.76 percent. The company reported quarterly sales of $1.08 billion which missed the analyst consensus estimate of $1.10 billion by 1.59 percent. This is a 0.64 percent decrease over sales of $1.09 billion the same period last year.
On Tuesday, Wall Street saw a mixed session, with small-cap stocks outperforming large caps as investors anticipated key earnings reports from Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Tesla Inc. (NASDAQ:TSLA), set to be released after the close. The Russell 2000 index, as replicated by the iShares Russell 2000 ETF (NYSE:IWM), climbed 0.8%, while the tech-heavy Nasdaq 100 dipped 0.2%. This marked the ninth time in the last 10 sessions that small caps have outperformed tech stocks. The S&P 500 and the Dow Jones showed little movement. United Parcel Service Inc. (NYSE:UPS) stood out among the mega-cap stocks, plunging 14% after missing earnings and revenue estimates for the previous
The market mood turned jittery after Monday’s rebound, with index futures trading on either side of the unchanged line early Tuesday. The apprehensions reflect uncertainties regarding geopolitics, monetary policy, and the health of the reporting season ahead of earnings from AI stalwart Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) and electric-vehicle giant Tesla, Inc. (NASDAQ:TSLA). The Google-parent’s earnings could be seen as a foretaste of what is to come from the rest of the AI-levered stocks. Earnings news has been mixed. The tidings on the economic front are scarce, with only a housing market report due for the day. That said, traders may choose to remain cautious ahead of some key
Released as part of this year's global Barbie Fashionistas lineup, Barbie partnered with the American Foundation for the Blind and National Down Syndrome Society to ensure doll designs accurately reflect the community they are designed to represent
DA Davidson analyst Linda Bolton Weiser maintains Mattel (NASDAQ:MAT) with a Buy and maintains $27 price target.
Shares of Mattel, Inc. (NASDAQ:MAT) are trading significantly higher Monday, following reports that private equity firm L Catterton has made an offer to acquire the iconic toy company. Additionally, Hasbro Inc. (NASDAQ:HAS) is reportedly considering submitting its own offer submission for Mattel. What To Know: Mattel, known for its famous brands such as Barbie, Hot Wheel and Fisher-Price, could see changes in its strategic direction if acquired by L Catterton or Hasbro. Despite these reports, Yahoo Finance reporter Brian Sozzi posted on X (formerly Twitter) that a source familiar with the situation indicated that Mattel is not currently in any deal talks and has not been approached. M
JP Morgan downgraded Mattel from Overweight to Neutral and set a new price target of $19.00 from $24.00 previously
Morgan Stanley downgraded Mattel from Overweight to Equal-Weight and set a new price target of $19.00 from $25.00 previously
ROTH MKM downgraded Mattel from Buy to Neutral and set a new price target of $20.00 from $24.00 previously
Citigroup initiated coverage of Mattel with a rating of Buy and set a new price target of $26.00
Morgan Stanley initiated coverage of Mattel with a rating of Overweight and set a new price target of $27.00
Goldman resumed coverage of Mattel with a rating of Buy and set a new price target of $26.00
Stifel reiterated coverage of Mattel with a rating of Buy and set a new price target of $26.00 from $29.00 previously
Goldman upgraded Mattel from Neutral to Buy and set a new price target of $31.00 from $30.00 previously
Stifel upgraded Mattel from Hold to Buy and set a new price target of $33.00 from $27.00 previously
Monness Crespi & Hardt reiterated coverage of Mattel with a rating of Buy and set a new price target of $32.00 from $28.00 previously