Hasbro (NASDAQ:HAS) Stock Price Expected to Rise, Wolfe Research Analyst Says

Hasbro (NASDAQ:HAS) had its price objective raised by investment analysts at Wolfe Research from $90.00 to $124.00 in a report issued on Friday,MarketScreener reports. The firm presently has an “outperform” rating on the stock. Wolfe Research’s price target suggests a potential upside of 21.03% from the stock’s previous close.

Other analysts have also issued reports about the stock. Morgan Stanley upped their price objective on shares of Hasbro from $103.00 to $119.00 and gave the company an “overweight” rating in a research note on Wednesday. DA Davidson boosted their price target on shares of Hasbro from $80.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday. UBS Group reaffirmed a “buy” rating on shares of Hasbro in a research note on Wednesday. The Goldman Sachs Group lifted their price objective on shares of Hasbro from $88.00 to $114.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Roth Mkm set a $120.00 target price on shares of Hasbro in a research note on Wednesday. Ten research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Hasbro has an average rating of “Moderate Buy” and an average price target of $113.73.

Hasbro Trading Up 0.9%

Hasbro stock opened at $102.45 on Friday. The firm has a market cap of $14.38 billion, a price-to-earnings ratio of -43.60, a price-to-earnings-growth ratio of 1.77 and a beta of 0.56. Hasbro has a 1 year low of $49.00 and a 1 year high of $106.98. The firm’s 50 day moving average price is $87.51 and its two-hundred day moving average price is $81.09. The company has a debt-to-equity ratio of 4.89, a quick ratio of 1.42 and a current ratio of 1.38.

Hasbro (NASDAQ:HAS) last released its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.52. The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.26 billion. Hasbro had a positive return on equity of 127.21% and a negative net margin of 6.86%.The company’s revenue was up 31.3% compared to the same quarter last year. During the same period last year, the company posted $0.46 EPS. On average, research analysts predict that Hasbro will post 4.33 EPS for the current fiscal year.

Insider Buying and Selling at Hasbro

In other Hasbro news, CFO Gina M. Goetter sold 12,429 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $103.46, for a total transaction of $1,285,904.34. Following the transaction, the chief financial officer owned 68,221 shares in the company, valued at $7,058,144.66. This trade represents a 15.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Tarrant L. Sibley sold 15,148 shares of Hasbro stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $104.98, for a total transaction of $1,590,237.04. Following the completion of the transaction, the executive vice president owned 50,174 shares in the company, valued at $5,267,266.52. This trade represents a 23.19% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.85% of the company’s stock.

Hedge Funds Weigh In On Hasbro

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CYBER HORNET ETFs LLC acquired a new stake in shares of Hasbro during the 2nd quarter worth approximately $25,000. MUFG Securities EMEA plc bought a new position in Hasbro in the second quarter worth $28,000. First Horizon Corp acquired a new stake in Hasbro during the third quarter worth $29,000. Foster Dykema Cabot & Partners LLC bought a new stake in Hasbro in the 3rd quarter valued at $34,000. Finally, Pittenger & Anderson Inc. acquired a new position in shares of Hasbro in the 2nd quarter valued at $35,000. 91.83% of the stock is currently owned by institutional investors.

More Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Analyst upgrade/price-target boost — Monness Crespi & Hardt raised its Hasbro price target to $120 (from $90) and kept a Buy rating, signaling analyst confidence in the company’s rebound and implying meaningful upside. Monness Crespi price-target note
• Positive Sentiment: Earnings and momentum — Hasbro posted a sizeable beat (Q report: $1.51 EPS vs. $0.99 expected; revenue $1.45B vs. $1.26B) and hit a one?year high after the results, validating stronger-than-expected demand and improving top-line momentum. Earnings beat / 1-year high
• Positive Sentiment: Management highlights growth drivers — CEO Chris Cocks emphasized Wizards of the Coast, hobby gaming, and digital initiatives as accelerating growth levers in recent interviews, supporting investor confidence in sustainable revenue expansion. AOL CEO interview Yahoo Finance video
• Positive Sentiment: New product/licensing catalysts — Hasbro is rolling out collectible/collector-focused releases (Marvel Legends “Secret Wars” figures and new Black Series Mandalorian & Grogu figures), which support short-term revenues and licensing strength. Marvel Legends figures Mandalorian & Grogu figures
• Positive Sentiment: Content monetization push — Hasbro Entertainment and Animaj launched “Lumee” to rethink monetization of kids’ content online, signaling efforts to diversify digital revenue and increase lifetime value from IP. Lumee launch
• Neutral Sentiment: Short-interest data appears unreliable — recent entries show a large increase but report 0 shares/NaN changes and a 0.0 days ratio; this looks like a data glitch and doesn’t provide a meaningful short-sentiment signal today.
• Negative Sentiment: Lawsuit risk — A new suit accuses Hasbro of overprinting Magic: The Gathering cards, which could raise legal costs, regulatory scrutiny, or fan/retailer pushback if it advances; monitor legal developments for potential financial or reputational impact. Lawsuit article

About Hasbro

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.