Hasbro, Inc. (NASDAQ:HAS), a multinational conglomerate involved in media entertainment, digital gaming, and toy production, has seen a significant upward trajectory in stock performance as per recent
Bank of America forecasts and
Free Wealth Planning Blueprint analyses. Contributing to its positive long-term outlook, the company posted high returns with a
26% gain if invested a year ago and had a consistent, robust trading volume. Major financial firms such as
Massachusetts Financial Services Co. and
Xponance Inc. have invested or increased their stakes in Hasbro, accentuating its attractiveness to investors. Multiple factors, including the release of Q1 earnings, stock upgrades, and new strategies to manage Trump tariffs, have driven its soaring stock price. Despite the plunge in stocks due to the decision delay on potential HQ move, the turn-around is reflected in its current valuation. Additionally, the extension of the
Disney licensing deal, higher-than-expected results and the anticipated EBITDA beat for
2026+ driven by
Magic have fueled recent rallies. Lastly, Wall Street analysts remain optimistic about the company's potential due to excellent Q4 2024 earnings, high-profit margins, and the ability to offset impacts from China tariffs.
Hasbro Stocks HAS News Analytics from Mon, 04 Nov 2024 08:00:00 GMT to Sun, 20 Jul 2025 01:03:14 GMT -
Rating 8
- Innovation -1
- Information 9
- Rumor 2
