Hasbro, Inc.

(NASDAQ Global Select)
Bullish +75

Hasbro sets October 20 results date as Hasbro stock trades below EUR 82.98

📈 Hasbro revenue surged 16.2% year over year to USD 1.14 billion in Q2 2026, driven by strong performance in its gaming and digital segments.

💰 Adjusted earnings per share reached USD 1.28, beating the analyst consensus estimate of USD 1.17 for the quarter.

🚀 Management raised fiscal 2026 revenue growth guidance to 5-7% from the previous 3-5% range following Q2 results.

📊 Operating margin targets were lifted to 25-26%, and adjusted EBITDA guidance was increased to USD 1.45-1.50 billion.

🎮 Wizards of the Coast and Digital Gaming revenue jumped 27% year over year, contributing the majority of growth.

🧸 Consumer Products revenue grew 5% to USD 463 million but remains exposed to holiday demand and tariff risks.

📅 The company will release Q3 2026 results before market open on October 20, 2026, to test sustained growth.

📉 Stock traded at EUR 82.26 on October 6, down 0.87% from the prior close of EUR 82.98.

💵 Market capitalization is approximately USD 13.0 billion with a 52-week range of USD 69.50 to USD 106.98.

Bullish Signals
  • Hasbro revenue increased 16.2% year over year to USD 1.14 billion in Q2 2026, demonstrating strong top-line growth.
  • Adjusted earnings per share of USD 1.28 exceeded the consensus estimate of USD 1.17, indicating better-than-expected profitability.
  • Management raised fiscal 2026 revenue guidance to 5-7% growth in constant currency, up from the prior 3-5% outlook.
  • Operating margin targets were increased to 25-26%, reflecting improved operational efficiency and pricing power.
  • Adjusted EBITDA guidance was lifted to USD 1.45-1.50 billion, signaling strong cash flow generation potential.
  • The Wizards of the Coast and Digital Gaming segments delivered a robust 27% year-over-year revenue increase.
Risk Factors
  • Consumer Products revenue growth of only 5% lags behind the gaming segment, highlighting an uneven portfolio performance.
  • Stock price declined 0.87% to EUR 82.26 on October 6, trading below the prior close of EUR 82.98.
Full Analysis
Hasbro Inc. reported strong second-quarter 2026 financial results, with revenue rising 16.2 percent year over year to USD 1.14 billion. The company's adjusted earnings per share reached USD 1.28, significantly exceeding the consensus estimate of USD 1.17. This performance was driven largely by its gaming and digital segments, which saw substantial growth compared to other parts of the portfolio. Following the positive Q2 data, Hasbro management has lifted its fiscal 2026 outlook. The company now projects revenue growth between 5 percent and 7 percent in constant currency, an increase from the previous guidance range of 3 percent to 5 percent. Additionally, adjusted operating margin targets were raised to 25 percent to 26 percent, and adjusted EBITDA guidance was increased to a range of USD 1.45 billion to USD 1.50 billion. The upcoming third-quarter results scheduled for release on October 20, 2026, will be critical in determining if Hasbro can sustain this momentum. While the Wizards of the Coast and Digital Gaming segments provided the largest growth contribution, the Consumer Products division remains more sensitive to external factors like holiday demand and tariffs. The company's market capitalization stands at approximately USD 13.0 billion as of early October 2026. Hasbro stock traded slightly below EUR 82.98 on October 6, 2026, reflecting a minor decline against the prior close. The primary listing remains on NASDAQ in USD, with a 52-week trading range spanning from USD 69.50 to USD 106.98. Investors will be watching closely to see if the strong gaming momentum can offset potential headwinds in the consumer products sector during the upcoming earnings report.