Analyst Price Target is $44.57
▲ +10.24% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Malibu Boats in the last 3 months. The average price target is $44.57, with a high forecast of $50.00 and a low forecast of $35.00. The average price target represents a 10.24% upside from the last price of $40.43.
Current Consensus is
Hold
The current consensus among 7 contributing investment analysts is to hold stock in Malibu Boats. This rating has held steady since October 2024, when it changed from a Moderate Buy consensus rating.
Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells a range of recreational powerboats. It operates through three segments: Malibu, Saltwater Fishing, and Cobalt. The company provides performance sport boats, and sterndrive and outboard boats under the Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes, and Cobalt brands. Its products are used for a range of recreational boating activities, including water sports, such as water skiing, wakeboarding, and wake surfing; and general recreational boating and fishing. The company sells its products through independent dealers in North America, Europe, Asia, the Middle East, South America, South Africa, and Australia/New Zealand. Malibu Boats, Inc. was founded in 1982 and is based in Loudon, Tennessee.
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