Analyst Price Target is $91.00
▲ +28.24% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Malibu Boats in the last 3 months. The average price target is $91.00, with a high forecast of $103.00 and a low forecast of $82.00. The average price target represents a 28.24% upside from the last price of $70.96.
Current Consensus is
The current consensus among 6 contributing investment analysts is to buy stock in Malibu Boats. This Buy consensus rating has held steady for over two years.
Malibu Boats, Inc. is a holding company, which engages in the design, manufacture, and market of recreational powerboats. It offers performance sport boats, sterndrive, and outboard boats under the Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes and Cobalt brands. The firm operates through the following segments: Malibu, Saltwater Fishing and Cobalt. The Malibu segment involves in manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. The Saltwater Fishing segment includes manufacturing, distribution, marketing and sale throughout the world of Pursuit boats and the Maverick Boat Group boats. The Cobalt segment participates in the manufacturing, distribution, marketing and sale of Cobalt boats throughout the world. The company was founded in 1982 and is headquartered in Loudon, TN.