Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells a range of recreational powerboats. It operates through three segments: Malibu, Cobalt, and Pursuit. The company offers performance sport boats, and sterndrive and outboard boats under the Malibu, Axis, Cobalt, and Pursuit brands. Its products are used for a range of recreational boating activities, including water sports, such as water skiing, wakeboarding, and wake surfing, as well as general recreational boating and fishing. It operates through a network of independent dealers in Europe, Asia, the Middle East, South America, South Africa, and Australia/New Zealand. The company was founded in 1982 and is based in Loudon, Tennessee.
IPO Year: 2014
Exchange: NASDAQ
Website: malibuboats.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
6/3/2025 | $33.00 | Neutral | DA Davidson |
4/4/2025 | $32.00 | Outperform → Neutral | Robert W. Baird |
3/20/2025 | Overweight → Sector Weight | KeyBanc Capital Markets | |
11/1/2024 | $45.00 | Buy → Neutral | DA Davidson |
7/24/2024 | $45.00 | Neutral → Buy | DA Davidson |
7/24/2024 | $45.00 | Buy → Neutral | DA Davidson |
7/8/2024 | $32.00 | Buy → Hold | Truist |
5/22/2024 | $44.00 | Buy | The Benchmark Company |
4/15/2024 | Outperform → Mkt Perform | Raymond James | |
6/16/2023 | $69.00 | Buy → Neutral | B. Riley Securities |