Zacks Research Has Positive Forecast for Hasbro Q4 Earnings

Key Points

• Zacks Research raised its Q4 2026 EPS forecast for Hasbro to $1.52 from $1.50 and maintains a “Strong Buy” rating. It also lifted full-year EPS estimates to $6.91 for 2027 and $7.63 for 2028.
• Hasbro’s latest quarter beat analyst expectations, with EPS of $2.90 versus $1.86 expected and revenue of $1.60 billion versus $1.48 billion; revenue grew 15% year over year.
• Analyst sentiment is broadly positive: MarketBeat reports a “Moderate Buy” consensus and an average price target of $114.93, while Hasbro declared a quarterly dividend of $0.70 per share.

Hasbro, Inc. (NASDAQ:HAS - Free Report) - Investment analysts at Zacks Research lifted their Q4 2026 EPS estimates for Hasbro in a research note issued on Tuesday, November 10th. Zacks Research analyst Team now expects that the company will post earnings of $1.52 per share for the quarter, up from their previous forecast of $1.50. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for Hasbro's current full-year earnings is $6.85 per share. Zacks Research also issued estimates for Hasbro's Q1 2027 earnings at $1.29 EPS, Q2 2027 earnings at $1.41 EPS, Q3 2027 earnings at $2.20 EPS, FY2027 earnings at $6.91 EPS, Q1 2028 earnings at $1.52 EPS, Q2 2028 earnings at $1.63 EPS, Q3 2028 earnings at $2.40 EPS and FY2028 earnings at $7.63 EPS.

Hasbro (NASDAQ:HAS - Get Free Report) last issued its earnings results on Tuesday, October 20th. The company reported $2.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $1.04. Hasbro had a net margin of 18.44% and a return on equity of 140.60%. The company had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.48 billion. During the same quarter last year, the company posted $1.68 earnings per share. The firm's quarterly revenue was up 15.0% on a year-over-year basis.

HAS has been the topic of a number of other reports. The Goldman Sachs Group dropped their price target on Hasbro from $117.00 to $115.00 and set a "buy" rating on the stock in a research note on Monday, September 21st. BNP Paribas Exane reiterated an "outperform" rating and set a $127.00 price objective (up from $116.00) on shares of Hasbro in a research report on Wednesday, October 21st. Roth Capital reissued a "buy" rating on shares of Hasbro in a report on Wednesday, October 21st. JPMorgan Chase & Co. lowered their target price on Hasbro from $125.00 to $111.00 and set an "overweight" rating on the stock in a report on Wednesday, July 22nd. Finally, Wall Street Zen raised Hasbro from a "hold" rating to a "buy" rating in a research report on Saturday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $114.93.

Hasbro Price Performance

Shares of HAS opened at $121.82 on Wednesday. The firm has a fifty day simple moving average of $99.87 and a two-hundred day simple moving average of $93.52. The firm has a market cap of $17.04 billion, a PE ratio of 18.21, a P/E/G ratio of 1.53 and a beta of 0.36. The company has a current ratio of 1.40, a quick ratio of 1.24 and a debt-to-equity ratio of 2.79. Hasbro has a 1-year low of $74.78 and a 1-year high of $124.00.

Institutional Trading of Hasbro

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of Hasbro during the 2nd quarter valued at about $2,204,689,000. Bank of America Corp DE bought a new position in shares of Hasbro during the 2nd quarter valued at approximately $289,258,000. Amundi grew its stake in shares of Hasbro by 21.1% during the 1st quarter. Amundi now owns 1,699,565 shares of the company's stock valued at $159,079,000 after acquiring an additional 296,277 shares during the period. Bank of New York Mellon Corp purchased a new stake in Hasbro in the 2nd quarter worth approximately $130,731,000. Finally, Epoch Investment Partners Inc. increased its holdings in Hasbro by 1.0% in the 1st quarter. Epoch Investment Partners Inc. now owns 1,174,077 shares of the company's stock worth $109,894,000 after acquiring an additional 12,182 shares in the last quarter. Hedge funds and other institutional investors own 91.83% of the company's stock.

Insiders Place Their Bets

In related news, insider Holly Barbacovi sold 5,057 shares of the firm's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $94.20, for a total value of $476,369.40. Following the transaction, the insider directly owned 37,486 shares of the company's stock, valued at approximately $3,531,181.20. This trade represents a 11.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Gina M. Goetter sold 7,262 shares of the firm's stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $118.99, for a total value of $864,105.38. Following the completion of the transaction, the chief financial officer directly owned 72,577 shares in the company, valued at approximately $8,635,937.23. This represents a 9.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.71% of the company's stock.

Hasbro Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Wednesday, November 18th will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, November 18th. Hasbro's dividend payout ratio (DPR) is currently 41.85%.

More Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Zacks Research raised several forecasts, including FY2027 EPS to $6.91 from $6.53 and FY2028 EPS to $7.63 from $7.08. It also increased estimates for multiple quarters through 2028 and maintains a “Strong Buy” rating—an encouraging signal for expected earnings growth. Hasbro analyst estimates
• Positive Sentiment: Hasbro was added to Zacks’ list of “Strong Buy” growth stocks, reinforcing the positive analyst sentiment. Zacks growth stocks list
• Neutral Sentiment: Hasbro’s Dynamic Creatures and Sixth Wall Studio partnership will bring its characters to life through robots, offering a possible new way to extend its brands, though the financial impact is not specified. Robot partnership article
• Negative Sentiment: Workers in Hasbro’s Wizards of the Coast business criticized the CEO’s comments on unions, raising a potential employee-relations and reputational concern. Worker response article

Hasbro Company Profile

Hasbro, Inc. is a global play and entertainment company that develops and sells toys, games and digital experiences, and licenses its brands for consumer products and entertainment. Its portfolio includes Transformers, Play-Doh, Nerf, Monopoly, My Little Pony, Magic: The Gathering and Dungeons & Dragons. Founded in 1923 as Hassenfeld Brothers, the company began as a family business before expanding into toys and games. Hasbro serves consumers in markets around the world through its products, licensing partnerships and digital offerings.

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