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Mattel stock price forecast current mattel stock price forecast
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Current mattel stock price forecast data incorporates projected sales spikes from summer toys, with consensus ratings tipping toward “Buy” in light of Mattel’s brand portfolio defensive qualities. We sifted through stock screeners, online rankings, and ETFs to compile a list of 25 leisure stocks. We then selected the top 12 with the highest number of hedge fund holders as of fiscal Q4 2024. We sourced the hedge fund sentiment data from Insider Monkey’s database. The list is sorted in ascending order of hedge fund sentiment. Shares of toy manufacturing and entertainment company MAT fell 12.4% in the afternoon session after the company reported weak second-quarter financial results and cut its annual forecast for both sales and profit. The latest mattel stock price forecast suggests steady momentum into Q3 2024, with analysts eyeing a $18.50–$20.00 range as retail toy sales recover post-holiday. Institutional sentiment remains moderately bullish given Mattel’s licensing deals and margin improvements.