Mattel (NASDAQ:MAT) Announces FY 2026 Earnings Guidance

Posted by Geri Gentry on Nov 6th, 2026

Mattel (NASDAQ:MAT – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 1.050-1.200 for the period, compared to the consensus estimate of 1.300. The company issued revenue guidance of $5.4 billion-$5.6 billion, compared to the consensus revenue estimate of $5.7 billion.

Mattel Trading Up 4.4%

Mattel stock traded up $0.67 during midday trading on Friday, reaching $15.63. 5,156,379 shares of the stock traded hands, compared to its average volume of 5,184,603. The company has a 50-day simple moving average of $15.01 and a two-hundred day simple moving average of $15.41. Mattel has a 12-month low of $12.40 and a 12-month high of $22.48. The firm has a market cap of $4.47 billion, a PE ratio of 11.49, a price-to-earnings-growth ratio of 1.65 and a beta of 0.59. The company has a current ratio of 1.90, a quick ratio of 1.26 and a debt-to-equity ratio of 1.17.

Mattel (NASDAQ:MAT – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.36. The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.84 billion. Mattel had a return on equity of 16.20% and a net margin of 7.79%. Mattel’s revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.89 EPS. Research analysts expect that Mattel will post 1.30 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. UBS Group restated a “buy” rating on shares of Mattel in a report on Thursday, October 1st. Weiss Ratings lowered shares of Mattel from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th. Roth Capital decreased their price target on shares of Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. Citigroup boosted their price target on shares of Mattel from $15.00 to $17.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 13th. Finally, Argus reaffirmed a “buy” rating and set a $22.00 price objective on shares of Mattel in a research report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $18.27.

Check Out Our Latest Research Report on MAT

Insider Activity at Mattel

In other news, EVP Roberto Isaias sold 39,083 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $15.02, for a total transaction of $587,026.66. Following the completion of the transaction, the executive vice president directly owned 144,390 shares of the company’s stock, valued at approximately $2,168,737.80. The trade was a 21.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Trending Headlines about Mattel

Here are the key news stories impacting Mattel this week:

Positive Sentiment: Third-quarter EPS was $1.30, beating the $0.94 consensus and up from $0.89 a year earlier. However, reports noted that tariff refunds helped support margins. Mattel beats Q3 earnings estimates
Positive Sentiment: Hot Wheels gross billings are nearing $2 billion, highlighting strength in a key brand, while Mattel expects full-year net sales growth of 1% to 4%. Mattel: 3 key takeaways for long-term investors
Neutral Sentiment: Mattel named Steve Totzke president and COO, effective Nov. 11. Roberto Stanichi is stepping down to pursue another opportunity and is reportedly joining Netflix to lead consumer products and experiences. Mattel leadership announcement
Negative Sentiment: Mattel cut its 2026 EPS guidance to $1.05–$1.20, below the $1.30 consensus, and revenue guidance to $5.4–$5.6 billion, below the $5.7 billion estimate. It also lowered its sales-growth outlook after Q3 revenue of $1.81 billion missed the $1.84 billion consensus, despite rising 4.1% year over year. Mattel cuts annual forecasts as new CEO takes charge

About Mattel

(Get Free Report)

Mattel, Inc is a global toy and entertainment company that designs, manufactures and markets a broad portfolio of toys, games and consumer products. Its best-known brands include Barbie, Hot Wheels, Fisher-Price, American Girl, Matchbox, UNO, Masters of the Universe and Thomas & Friends. Mattel also develops entertainment content and licenses its intellectual property for use in consumer products, digital experiences and other media.

Founded in 1945, Mattel has expanded from a U.S.