JPMorgan Chase & Co. Increases Hasbro (NASDAQ:HAS) Price Target to $115.00

Hasbro (NASDAQ:HAS) had its price target upped by equities researchers at JPMorgan Chase & Co. from $94.00 to $115.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 13.22% from the stock’s previous close.

A number of other equities analysts have also recently commented on the company. UBS Group boosted their price target on Hasbro from $89.00 to $99.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th. The Goldman Sachs Group boosted their target price on Hasbro from $88.00 to $114.00 and gave the stock a “buy” rating in a research note on Wednesday. Wolfe Research raised their price target on shares of Hasbro from $89.00 to $90.00 in a research note on Wednesday, October 29th. Jefferies Financial Group lifted their price target on shares of Hasbro from $95.00 to $112.00 and gave the company a “buy” rating in a report on Friday, February 6th. Finally, Wall Street Zen raised shares of Hasbro from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Hasbro currently has an average rating of “Moderate Buy” and an average target price of $110.64.

Hasbro Stock Performance

NASDAQ HAS opened at $101.57 on Wednesday. The firm has a 50-day moving average price of $87.08 and a two-hundred day moving average price of $80.91. Hasbro has a 12-month low of $49.00 and a 12-month high of $106.98. The company has a market capitalization of $14.25 billion, a P/E ratio of -43.22, a P/E/G ratio of 1.86 and a beta of 0.56. The company has a quick ratio of 1.42, a current ratio of 1.38 and a debt-to-equity ratio of 4.89.

Hasbro (NASDAQ:HAS) last released its quarterly earnings results on Tuesday, February 10th. The company reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.52. Hasbro had a negative net margin of 6.86% and a positive return on equity of 127.21%. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.26 billion. During the same period in the previous year, the business earned $0.46 earnings per share. The firm’s quarterly revenue was up 31.3% on a year-over-year basis. Analysts anticipate that Hasbro will post 4.33 earnings per share for the current year.

Hedge Funds Weigh In On Hasbro

Several large investors have recently modified their holdings of HAS. CYBER HORNET ETFs LLC bought a new stake in shares of Hasbro in the second quarter worth $25,000. MUFG Securities EMEA plc acquired a new position in Hasbro during the 2nd quarter worth about $28,000. First Horizon Corp bought a new stake in shares of Hasbro in the 3rd quarter valued at about $29,000. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Hasbro in the third quarter valued at about $34,000. Finally, Pittenger & Anderson Inc. bought a new position in shares of Hasbro during the second quarter worth about $35,000. Institutional investors own 91.83% of the company’s stock.

Trending Headlines about Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Earnings beat and strong revenue helped momentum — Hasbro reported stronger-than-expected results and shares recently hit a one-year high after the report. Article Title
• Positive Sentiment: Magic: The Gathering remains a major growth engine — reports cite ~US$1.7B revenue for MTG and significant contribution to Hasbro’s revenue growth. Article Title
• Positive Sentiment: Multiple analyst upgrades/price-target raises signal buy-side confidence — Morgan Stanley raised its target to $119, JPMorgan to $115, and Monness Crespi & Hardt to $120, each maintaining bullish ratings. These raise upside expectations vs. the current price. Morgan Stanley JPMorgan/Benzinga Monness Crespi & Hardt
• Positive Sentiment: CEO and media commentary emphasize digital/gaming pivot — management highlights growth in Wizards of the Coast and digital initiatives as durable drivers. AOL CEO Interview Yahoo Finance Video
• Neutral Sentiment: Data on short interest appears inconsistent (reported as 0 shares with NaN changes) — likely a reporting glitch; not meaningful for trade decisions until clarified.
• Neutral Sentiment: Market commentary noted Hasbro’s outperformance vs. peers (Mattel) on the digital pivot — useful context but not a direct catalyst. Reuters
• Negative Sentiment: New lawsuit alleges Hasbro overprinted Magic: The Gathering cards — legal risk could raise concerns about product scarcity, brand perception and future collector-market pricing. IndyStar
• Negative Sentiment: Some short/negative commentary flags consumer stocks as at risk this quarter — headline risk could amplify volatility even if fundamentals remain intact. Benzinga

About Hasbro

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.