Hasbro Inc. (HAS) has seen a plethora of strategic and financial developments. Several Wall Street firms have upgraded Hasbro’s rating, citing its momentum and value. Its partnership with Duluth Trading Co. points to its growth strategy, while financial firms like Wealth Management, Range Financial, and Freestone Capital Holdings have notably increased their stakes in Hasbro.
Despite some shares being sold by entities like South Dakota Investment Council and Cooke & Bieler LP, Hasbro’s Q3 earnings and revenues have outperformed estimates, contributing to a positive investor sentiment. However, Jim Cramer attributes the recent drop in Hasbro's shares to Chinese supplies. Hasbro's stock valuation came to focus following strong earnings and upgraded growth guidance, with share prices expected to climb by 32.6% by 2025. Anticipation is also building up for Hasbro's Q3 earnings report.
Potential trouble includes its underperformance relative to the Nasdaq and a downturn on a market uptick. However, Hasbro's long-term prospects remain positive, owing to notable earnings and revenue beats, improved EBITDA view, and strong shareholder returns. Goldman Sachs maintains a buy rating on the stock and raised the price target following its impressive earnings results.
Hasbro Stocks HAS News Analytics from Wed, 02 Apr 2025 07:00:00 GMT to Sat, 08 Nov 2025 08:04:01 GMT - Rating 8 - Innovation 4 - Information 9 - Rumor -5