Malibu Boats Increases Share Repurchase Program to $70 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2025
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Source: Globenewswire
- Repurchase Program Expansion: Malibu Boats has increased its share repurchase program authorization from $50 million to $70 million, reflecting the board's confidence in the company's long-term strategy and financial position, thereby enhancing shareholder value potential.
- Commitment to Ongoing Investment: CFO David Black stated that the board's decision demonstrates confidence in the company's sustained business while emphasizing a focus on investing in core operations, ensuring the company maintains its competitive edge in a challenging market.
- Market Condition Considerations: The timing and number of shares repurchased will depend on various factors, including market conditions, stock price, and liquidity, allowing the company to maximize repurchase benefits at the right time, thus enhancing long-term shareholder returns.
- Recent Repurchase Activity: In the second quarter, Malibu Boats repurchased $20.7 million worth of shares, showcasing the company's proactive approach to executing its repurchase program and laying the groundwork for future repurchase activities.
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Analyst Views on MBUU
Wall Street analysts forecast MBUU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MBUU is 35.40 USD with a low forecast of 30.00 USD and a high forecast of 40.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 32.230
Low
30.00
Averages
35.40
High
40.00
Current: 32.230
Low
30.00
Averages
35.40
High
40.00
About MBUU
Malibu Boats, Inc. is a designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive and outboard boats. The Company's brands include Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes and Cobalt. Its segments include Malibu, Saltwater Fishing and Cobalt. Its Malibu segment participates in the manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats. Its Saltwater Fishing segment participates in the manufacturing, distribution, marketing and sale throughout the world of Pursuit boats and the Maverick Boat Group family of boats (Maverick, Cobia, Pathfinder and Hewes). The Company’s Cobalt segment is engaged in manufacturing, distribution, marketing and sale of Cobalt boats throughout the world. Its product portfolio of premium brands is used for a range of recreational boating activities including, among others, water sports, general recreational boating and fishing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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