Zacks Research Has Pessimistic Outlook of Hasbro Q3 Earnings

Posted by George Bondi on Aug 12th, 2026

Hasbro, Inc. (NASDAQ:HAS – Free Report) – Research analysts at Zacks Research lowered their Q3 2026 earnings per share estimates for shares of Hasbro in a note issued to investors on Tuesday, August 11th. Zacks Research analyst Team now expects that the company will earn $1.86 per share for the quarter, down from their previous estimate of $1.88. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Hasbro’s current full-year earnings is $6.13 per share. Zacks Research also issued estimates for Hasbro’s Q4 2026 earnings at $1.50 EPS, FY2026 earnings at $6.11 EPS, Q1 2027 earnings at $1.26 EPS, Q2 2027 earnings at $1.35 EPS, Q3 2027 earnings at $2.22 EPS, Q4 2027 earnings at $1.70 EPS and Q2 2028 earnings at $1.45 EPS.

Several other brokerages have also recently issued reports on HAS. DA Davidson dropped their target price on shares of Hasbro from $100.00 to $95.00 and set a “neutral” rating on the stock in a report on Wednesday, July 22nd. Citigroup reaffirmed a “buy” rating on shares of Hasbro in a research report on Thursday, July 23rd. Roth Capital reiterated a “buy” rating on shares of Hasbro in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. cut their price objective on shares of Hasbro from $125.00 to $111.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Finally, Wall Street Zen downgraded shares of Hasbro from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Twelve analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $109.07.

Read Our Latest Stock Analysis on HAS

Hasbro Stock Performance

HAS stock opened at $97.04 on Wednesday. Hasbro has a 1-year low of $69.50 and a 1-year high of $106.98. The business has a 50-day moving average price of $85.38 and a 200 day moving average price of $90.96. The company has a market capitalization of $13.69 billion, a P/E ratio of 17.45, a PEG ratio of 1.74 and a beta of 0.47. The company has a debt-to-equity ratio of 4.16, a current ratio of 1.66 and a quick ratio of 1.46.

Hasbro (NASDAQ:HAS – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.12. The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.07 billion. Hasbro had a return on equity of 141.11% and a net margin of 15.97%.The business’s revenue was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.30 EPS.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Wednesday, August 19th. Hasbro’s dividend payout ratio (DPR) is currently 50.36%.

Insider Transactions at Hasbro

In other news, insider John Hight sold 3,186 shares of Hasbro stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $93.71, for a total value of $298,560.06. Following the transaction, the insider owned 67,557 shares of the company’s stock, valued at $6,330,766.47. The trade was a 4.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Gina M. Goetter sold 11,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $95.44, for a total transaction of $1,049,840.00. Following the transaction, the chief financial officer owned 88,104 shares of the company’s stock, valued at approximately $8,408,645.76. This trade represents a 11.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 42,451 shares of company stock valued at $3,987,379 in the last 90 days. Insiders own 0.71% of the company’s stock.

Institutional Trading of Hasbro

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new position in Hasbro during the 2nd quarter worth $2,204,689,000. Vanguard Group Inc. raised its stake in Hasbro by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 16,976,679 shares of the company’s stock valued at $1,392,088,000 after buying an additional 453,038 shares during the last quarter. State Street Corp boosted its holdings in Hasbro by 2.1% in the second quarter. State Street Corp now owns 6,508,052 shares of the company’s stock worth $480,424,000 after acquiring an additional 131,678 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Hasbro by 47.3% in the fourth quarter. AQR Capital Management LLC now owns 4,357,147 shares of the company’s stock worth $357,286,000 after acquiring an additional 1,399,499 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Hasbro by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 3,661,020 shares of the company’s stock worth $299,700,000 after acquiring an additional 122,592 shares during the last quarter. Hedge funds and other institutional investors own 91.83% of the company’s stock.

Hasbro News Roundup

Here are the key news stories impacting Hasbro this week:

Positive Sentiment: Zacks Research raised several earnings forecasts. The firm increased its FY2026 EPS estimate to $6.11 from $5.94, Q4 2026 EPS to $1.50 from $1.42, Q2 2027 EPS to $1.35 from $1.33, Q3 2027 EPS to $2.22 from $2.07, and Q4 2027 EPS to $1.70 from $1.62. These revisions suggest expectations for improved profitability in multiple future periods.
Positive Sentiment: Hasbro’s recent operating performance remains a supportive backdrop. The company’s latest reported quarter exceeded analyst expectations for both earnings and revenue, with revenue up 16.2% year over year, according to the company’s prior results.
Positive Sentiment: Trading momentum has been strong. Hasbro outperformed competitors during a strong trading session, while another report noted the stock’s approximately 62% run, indicating sustained investor interest. Hasbro Inc. stock outperforms competitors on strong trading day
Neutral Sentiment: Zacks maintained a “Hold” rating. Its current-year EPS forecast of $6.11 is close to the broader consensus estimate of $6.13, suggesting the revisions are incremental rather than a major change in the investment thesis.
Neutral Sentiment: Hasbro launched preorders for a Transformers Optimus Prime and Autobot Jazz cereal-box set. The product supports the company’s licensing and collectibles strategy, but the immediate financial impact is likely limited. Transformers Optimus Prime and Autobot Jazz cereal box set launches pre-orders from Hasbro
Negative Sentiment: Some forward estimates were reduced. Zacks cut Q3 2026 EPS to $1.86 from $1.88, Q1 2027 EPS to $1.26 from $1.30, and Q2 2028 EPS to $1.45 from $1.51, signaling uneven expectations for upcoming periods.
Negative Sentiment: Valuation may limit further upside. After its strong advance, Hasbro was described as trading below fair value but has already experienced a substantial run, potentially encouraging profit-taking. Hasbro stock trades below fair value after a 62% run

Hasbro Company Profile

(Get Free Report)

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.