Hasbro Inc. (NASDAQ:HAS) Stock Upgrade and Financial Outlook

Hasbro Inc. (NASDAQ:HAS) Stock Upgrade and Financial Outlook

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Hasbro Inc. (NASDAQ:HAS) Stock Upgrade and Financial Outlook

Summary

Hasbro Inc. (NASDAQ:HAS) received a "Buy" upgrade from Goldman Sachs, boosting its stock. The company has shown strong recent performance, outperforming major indexes and its sector over the past month. While upcoming quarterly earnings are projected to show declines in EPS and revenue, full-year forecasts remain significant. The upgrade and positive stock momentum highlight growing investor confidence in Hasbro's market position and future outlook.

Hasbro Inc. (NASDAQ:HAS) Receives Goldman Sachs Upgrade Amidst Positive Stock Momentum

Publication Date: 2025-07-01

Hasbro Inc. (NASDAQ:HAS), a global leader in the toy and entertainment sector renowned for iconic brands such as Monopoly and Nerf, has recently garnered significant attention from the investment community. On June 30, 2025, Goldman Sachs upgraded Hasbro's stock rating from "Neutral" to "Buy," a move that underscores growing confidence in the company's financial trajectory. At the time of this upgrade, Hasbro's stock was trading at $73.82, as reported by StreetInsider.

Recent Stock Performance Highlights

Hasbro's stock has demonstrated robust performance, closing recently at $73.13. This represents a 1.13% increase from the previous trading day, outpacing the broader market's gains. For context, the S&P 500 rose by 0.52%, the Dow by 1%, and the Nasdaq by 0.52% on the same day.

Over the past month, Hasbro's stock has surged by an impressive 8.25%. This strong momentum significantly outperformed both the Consumer Discretionary sector, which saw a 6.1% gain, and the S&P 500's 5.95% increase during the same period. This sustained positive trend suggests increasing investor interest and market confidence in Hasbro's operational strategies and brand strength.

Anticipated Earnings and Financial Outlook

Investors are keenly awaiting Hasbro's upcoming earnings report, which will provide crucial insights into the company's financial health. Current projections indicate an expected Earnings Per Share (EPS) of $0.77 for the quarter. While this figure represents a 36.89% decline from the same quarter last year, it is important to consider the broader context of market conditions and strategic investments.

Revenue for the quarter is projected to be $872.3 million, marking a 12.36% decrease year-over-year. These figures will be critical for investors to assess Hasbro's performance against expectations and to gauge the effectiveness of its ongoing business initiatives.

Looking ahead, the Zacks Consensus Estimates for the entire fiscal year forecast earnings of $4.22 per share and total revenue of $4 billion. These full-year projections offer a more comprehensive view of Hasbro's anticipated financial stability and growth prospects.

Market Capitalization and Trading Activity

Hasbro's current market capitalization stands at approximately $10.34 billion, reflecting its significant presence in the global entertainment and toy industry. On the NASDAQ exchange, the stock recorded a trading volume of 1,980,306 shares. Over the past year, Hasbro's stock price has fluctuated between a low of $72.23 and a high of $73.97, with the latter representing its 52-week peak. This trading range provides a snapshot of the stock's volatility and investor sentiment over the recent past.