Mattel (NASDAQ:MAT) Releases FY 2026 Earnings Guidance

Mattel (NASDAQ:MAT) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.270-1.390 for the period, compared to the consensus estimate of 1.340. The company issued revenue guidance of $5.5 billion-$5.7 billion, compared to the consensus revenue estimate of $5.7 billion.

Mattel Trading Down 1.1%

Mattel stock traded down $0.17 during trading on Wednesday, reaching $14.69. The company had a trading volume of 3,198,678 shares, compared to its average volume of 4,890,756. Mattel has a 12-month low of $12.73 and a 12-month high of $22.48. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.50 and a current ratio of 2.06. The stock’s 50 day moving average price is $14.20 and its two-hundred day moving average price is $15.72. The firm has a market capitalization of $4.27 billion, a price-to-earnings ratio of 9.28, a PEG ratio of 1.30 and a beta of 0.72.

Mattel (NASDAQ:MAT) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Mattel had a return on equity of 18.67% and a net margin of 9.27%.The business’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.19 EPS. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. As a group, equities analysts expect that Mattel will post 1.35 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MAT. JPMorgan Chase & Co. cut their target price on Mattel from $14.00 to $13.00 and set an “underweight” rating on the stock in a research report on Thursday, April 30th. Odeon Capital Group assumed coverage on Mattel in a research note on Thursday, July 16th. They set a “buy” rating for the company. Weiss Ratings restated a “hold (c-)” rating on shares of Mattel in a report on Thursday, July 2nd. Wall Street Zen lowered Mattel from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Finally, Roth Capital decreased their target price on Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $17.33.

Trending Headlines about Mattel

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Second-quarter revenue rose 10.5% year over year to $1.13 billion, exceeding Wall Street’s $1.10 billion estimate. Hot Wheels, action figures and products tied to the Masters of the Universe film helped drive the sales beat. Hot Wheels and action figures drive Mattel to a Q2 sales beat
• Positive Sentiment: Management maintained its full-year 2026 outlook and said third-quarter growth is continuing, supporting its expectation of achieving annual targets. Mattel continues to pursue growth through its brands, intellectual property and entertainment strategy. Mattel Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Mattel’s FY 2026 EPS guidance is $1.27–$1.39, compared with the consensus estimate of $1.34, while revenue guidance of $5.5–$5.7 billion is below the consensus midpoint expectation of $5.7 billion. Maintaining guidance limits the downside but does not provide a significant upward catalyst. Mattel quarterly earnings report
• Negative Sentiment: Adjusted earnings were $0.01 per share, below estimates of approximately $0.03–$0.04 and down from $0.19 a year earlier. Mattel reported an $18.2 million net loss as higher advertising, selling and administrative expenses, along with tariffs, squeezed margins. Mattel misses second-quarter profit estimates
• Negative Sentiment: Investors remain concerned that consumers are reducing spending on discretionary products amid a slowdown in the traditional toy market. Mattel’s movie strategy is generating toy sales, but the company still relies primarily on its core toy business, limiting the near-term benefit of its entertainment expansion. Mattel remains primarily a toy company

Institutional Investors Weigh In On Mattel

Several hedge funds have recently modified their holdings of the stock. EdgePoint Investment Group Inc. lifted its position in Mattel by 6.0% during the 4th quarter. EdgePoint Investment Group Inc. now owns 47,341,242 shares of the company’s stock worth $939,250,000 after acquiring an additional 2,678,482 shares in the last quarter. Alyeska Investment Group L.P. raised its stake in shares of Mattel by 274.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 3,445,360 shares of the company’s stock valued at $68,356,000 after purchasing an additional 2,524,123 shares during the period. Serenity Capital Management PTE. LTD. acquired a new position in shares of Mattel during the fourth quarter worth $47,331,000. BNP Paribas Financial Markets lifted its position in shares of Mattel by 4,633.8% during 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. Finally, Squarepoint Ops LLC grew its holdings in Mattel by 69.7% during the 4th quarter. Squarepoint Ops LLC now owns 3,663,464 shares of the company’s stock valued at $72,683,000 after purchasing an additional 1,504,576 shares in the last quarter. 97.15% of the stock is currently owned by hedge funds and other institutional investors.

Mattel Company Profile

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.