Malibu Boats, Inc. Class A (MBUU)

Malibu Boats' stock gained 15.3% over the last six months, trailing the S&P 500's 27.3% return. In Q4 2025, the company reported EPS of $0.42, missing estimates, but revenue increased by 30.4% year-over-year. The stock tumbled 21.56% pre-market following the report, leading to lowered revenue forecasts and EPS cuts for 2026. Fiscal year 2025 was challenging due to a difficult retail environment, tariff uncertainty, elevated interest rates, and inventory overhang. Malibu Boats has a consensus rating of "Reduce" with an average twelve-month target price of $36.00. The company launched 11 new model year '26 boats and announced a six-year global partnership with the International Waterski & Wakeboard Federation. Stockholders approved all proposals at their annual meeting. Malibu Boats is scheduled to release its Q1 fiscal 2026 financial results on October 30, 2025.

The demand for Malibu Boats products is subject to seasonality, with higher demand during warmer months. The company anticipates a significant decline in retail activity, projecting a mid-high single-digit percentage decrease for fiscal year 2026, with more severe downturns expected in the first half of the fiscal year.

Malibu Boats, Inc. is a designer, engineer, manufacturer, marketer, and seller of recreational powerboats, operating in the Consumer Discretionary sector. The company is divided into three segments: Malibu, Saltwater Fishing, and Cobalt. Its products include performance sport boats, sterndrive boats, and outboard boats sold under brands like Malibu, Axis, Cobalt, Pursuit, Maverick, Cobia, Pathfinder, and Hewes. These boats are used for activities like wakeboarding, water skiing, fishing, and general recreation. Malibu also produces its own engines and has expanded into boat trailers and accessories, distributing products through independent dealers.

Malibu Boats, Inc. is based in Loudon, Tennessee, United States. The Cobalt segment manufactures, distributes, markets, and sells Cobalt boats globally. The Saltwater Fishing segment manufactures, distributes, markets, and sells Pursuit boats and the Maverick Boat Group family of boats worldwide.

Malibu Boats has maintained its position as a market leader in performance sport boats, sterndrive boats, and saltwater fishing boats. The company is recognized as an innovator in the powerboat industry. However, the company's reputation has faced challenges due to financial performance and market conditions. A legal investigation is looking into potential breaches of fiduciary duties by officers and directors. The challenging retail environment and financial underperformance have also indirectly affected brand reputation.

Malibu Boats has a mixed ownership structure, primarily held by institutional investors, followed by insiders and individual investors. Institutional shareholders hold approximately 88.05% to 105.60% of the company's stock. Major institutional owners include Pzena Investment Management LLC, Capital World Investors and BlackRock Inc. Insiders own approximately 11.95% to 14.34% of the company, with Canyon Value Realization Master Fund LP being the largest individual shareholder. Retail investors hold a smaller portion of the stock.