Hasbro stock heads into October 20 earnings after revenue rose 16.2 percent

Published on 10/04/2026 at 22:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hasbro stock carries a USD 109.50 average target from 16 analysts. Q2 adjusted EPS was USD 1.28 versus USD 1.16 consensus after revenue rose 16.2 percent.

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Hasbro Inc. (ISIN US4180561072) closed at USD 89.54 on Nasdaq on October 2, 2026, down 0.49 percent from the prior close of USD 89.98. The next scheduled results date is October 20, giving investors a defined checkpoint after the company reported 16.2 percent revenue growth in Q2 2026.

October 20 sets the next test

Hasbro announced on September 29, 2026, that it will release third-quarter 2026 financial results before the market open on October 20, followed by an earnings call at 8:30 a.m. ET.

The date matters because the latest quarter combined faster sales with several cost and execution issues. The company raised full-year revenue growth guidance to 5 percent to 7 percent on a constant-currency basis and set adjusted EBITDA guidance at USD 1.45 billion to USD 1.50 billion, according to Investing.com in its Q2 2026 earnings summary.

Magic lifts Q2 revenue

Hasbro reported Q2 2026 revenue of USD 1.14 billion, up 16.2 percent from the prior year, while adjusted EPS came in at USD 1.28 against a USD 1.16 consensus estimate, according to MarketBeat.

Wizards of the Coast was the main growth engine in the quarter, with revenue rising 27 percent to USD 664 million, while Consumer Products grew 5 percent and Entertainment declined 20 percent, according to Investing.com. Hasbro also doubled its buyback target to at least USD 200 million, but recorded a USD 56 million impairment tied to canceled digital games.

Analysts keep upside in view

MarketBeat reports a Moderate Buy consensus from 16 analysts, including 12 Buy ratings and four Holds. The average target is USD 109.50, with a high of USD 124.00 and a low of USD 90.00; measured against the October 2 price, the average target lies 22.29 percent above the price.

The analyst picture is positive but not uniformly aggressive. Goldman Sachs cut its Hasbro target from USD 117.00 to USD 115.00 on September 24, 2026, while keeping a Buy rating, according to MarketBeat.

Stock remains below yearly high

Hasbro stock closed at USD 89.54 on Nasdaq on October 2, 2026, with a 52-week range of USD 69.50 to USD 106.98. Market capitalization stood at USD 12.6 billion and trading volume reached 1,819,534 shares.