Mattel Stock Runs Out Of Playtime

Shivank Goswami

2/13/2026

Mattel (NASDAQ:MAT) shares plunged more than 20% recently after the company missed revenue forecasts, reported weak holiday sales, and issued a subdued outlook for 2026. While the selloff may appear sudden, the broader structural positioning of the stock suggests that this weakness was building beneath the surface.

On the monthly charts, Mattel is currently in Phase 18, the final stage of its 18-phase Adhishthana cycle. A closer examination of this positioning helps explain why the stock's long-term outlook remains dimmed.

Read the full article on Benzinga for deeper insights into the Adhishthana Cycle, the stock’s recent trajectory, and expert commentary.