Is mattel expected to go up next month

Mattel's stock is expected to show growth over the next month, and here's the analysis to support this prediction:

1. Analyst Ratings and Price Targets: The consensus among analysts is a "Buy" rating for Mattel, with an average price target of $22.75, which represents a 16.43% upside from the current price. This suggests that analysts are generally optimistic about the stock's future performance.
2. Short-term Trend: The stock is expected to rise 12.01% during the next 3 months, with a 90% probability to hold a price between $19.12 and $23.15. This indicates a positive short-term trend that could contribute to longer-term growth.
3. Financial Performance: Mattel's revenue growth is forecasted to be 2.92% for the next year, with an EPS growth rate of 8.99%. These growth rates, although modest, suggest a stable and improving financial performance, which could attract investors and contribute to stock price appreciation.
4. Market Conditions: While specific market conditions are not factored into the analysis, a stable and improving financial performance, combined with positive analyst ratings and forecasts, generally bodes well for stock price growth.

In conclusion, based on the available data, Mattel's stock is expected to show growth over the next month. The positive analyst ratings, price targets, and short-term trend forecasts all point towards an optimistic outlook for the stock's performance in the near term.