In a report released yesterday, Tom Forte from Maxim Group reiterated a Buy rating on Jakks Pacific, with a price target of $27.00.
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Tom Forte has given his Buy rating due to a combination of factors that point to improving fundamentals and attractive valuation. He notes that JAKKS Pacific’s latest quarter exceeded expectations on revenue, profitability, and earnings, indicating that the worst effects of tariff-related headwinds are likely behind the company and that results should recover meaningfully in 2026.
He also highlights that gross margins have reached their best level in over a decade, international sales are growing despite weakness in the U.S., and the company maintains a solid balance sheet with rising cash, no debt, and a sustainable dividend yielding about 5.5%. Based on a discounted cash flow framework and earnings projections that place the current valuation below peers, Forte believes there is compelling upside to his $27 price target, supporting his Buy recommendation.
JAKK’s price has also changed moderately for the past six months – from $17.420 to $22.470, which is a 28.99% increase.