Mattel (MAT) shares were up more than 17% in recent Wednesday trading as a series of positive analysts' actions followed the company's release of its Q4 financial results and 2025 outlook.

UBS and Morgan Stanley raised their price targets for Mattel's stock, while Jefferies upgraded the company to buy from hold.

Mattel (MAT) reported Q4 adjusted earnings late Tuesday of $0.35 per diluted share and $1.65 billion in net sales, both up year-on-year and above estimates from analysts polled by FactSet.

The company's 2025 adjusted EPS guidance range of $1.66 to $1.72 also exceeds analysts' expectations.

Price: 21.16, Change: +3.09, Percent Change: +17.10