
Hasbro (HAS) Stock Forecast & Price Target
Hasbro (HAS) Analyst Ratings
Bulls say
Hasbro is likely to continue its strong performance, with growth projected in key areas such as its Wizards and Digital Gaming segment and its Consumer Products segment. The company's recent acquisition of EOne and the addition of Dungeons & Dragons Beyond add to its strong brand portfolio, while cost-saving measures and a focus on "gamified, entertainment-driven, multi-purchase and multi-generational" (GEM) products bode well for future success. The lack of a guidance raise may have caused some concern, but the company's conservative guidance and potential upside from its Magic franchise suggest that any decline in the stock price may be a buying opportunity.
Bears say
Hasbro is currently seen as having a negative outlook due to their focus on fewer, larger brands compared to their previous strategy, as well as the rapidly changing consumer environment which makes it difficult to design popular toys. Additionally, the highly competitive environment within the toy and gaming industry could lead to declining revenues and profitability. While the company has seen some success in recent quarters, there are concerns about their ability to sustain this growth in the future.
This aggregate rating is based on analysts' research of Hasbro and is not a guaranteed prediction by Public.com or investment advice.
Hasbro (HAS) Analyst Forecast & Price Prediction
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