Hasbro, Inc. (NASDAQ:HAS) stock has been in a state of flux according to recent data. New acquisitions from companies such as Y Intercept Hong Kong Ltd and Blueshift Asset Management LLC have been made. Predictions are positive for its value with Roth Capital suggesting a rise in value and JP Morgan raising their price target. Reasons behind this momentum include strong Q2 earnings and revenue estimates as well as a beat on expectations. However, stock dips have also been reported, potentially linked to Chinese materials and surprises in stock performance compared to other market indices. The toymaker has released a warning to buy 'hot' toys early despite stock plunges being reported. A broader market dip for Hasbro was noted; however, Hasbro still made advances of 28% even with subdued growth. Stock price targets were increased based on the strength of Wizards of the Coast as the firm announced dividend distribution. Despite some fall in the market, the outlook seems this to be temporary, topped with advice to invest in the company for consistent profits.
Hasbro Stocks HAS News Analytics from Tue, 03 Dec 2024 08:00:00 GMT to Sun, 03 Aug 2025 01:45:17 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -4
