Upgraded 2025 Outlook and Dividend Commitment Might Change the Case for Investing in Hasbro (HAS)

• Hasbro, Inc. recently reported second quarter 2025 results, posting sales of US$980.8 million and a net loss of US$855.8 million, largely driven by a goodwill impairment of more than US$1 billion; despite these losses, the company raised its full-year revenue guidance and reaffirmed its quarterly dividend.
• This guidance increase, alongside anticipation for upcoming video game launches and potential share repurchases, suggests Hasbro is focused on rekindling growth and rewarding shareholders despite recent challenges.
• We will examine how Hasbro’s upgraded revenue outlook amid near-term losses could reshape its investment narrative moving forward.

We've found 22 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

Hasbro Investment Narrative Recap

To be a Hasbro shareholder today, you need conviction in the company’s ability to turn its high-value brands and new digital ventures into sustainable earnings, even as near-term losses and franchise concentration risks remain key concerns. The latest quarterly results, while affected by a large goodwill impairment, did not materially alter the most important short-term catalyst: the launch and revenue contributions from upcoming video game releases. However, the biggest risk, weakness in Hasbro’s core Consumer Products division due to retailer caution and changing inventory patterns, remains unchanged and could still cloud revenue visibility.

Among the recent announcements, Hasbro’s move to raise its full-year revenue guidance stands out. This reflects management’s confidence in the pipeline, particularly digital gaming initiatives, and signals that product launches could help offset legacy business headwinds in the near term.

In contrast, investors should also be aware of ongoing franchise concentration risk, especially if demand for flagship brands like Magic: The Gathering were to falter…

Read the full narrative on Hasbro (it's free!)

Hasbro's outlook projects revenue of $4.6 billion and earnings of $720.8 million by 2028. This scenario assumes annual revenue growth of 2.8% and a $294.8 million increase in earnings from the current $426.0 million.

Uncover how Hasbro's forecasts yield a $87.83 fair value, a 14% upside to its current price.

Exploring Other Perspectives

Six recent fair value estimates from the Simply Wall St Community range widely from US$1.90 to US$93.06 per share. Consider how current challenges in Hasbro’s Consumer Products business add uncertainty as you compare these conflicting views.

Explore 6 other fair value estimates on Hasbro - why the stock might be worth as much as 21% more than the current price!

Build Your Own Hasbro Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Hasbro research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision.
• Our free Hasbro research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Hasbro's overall financial health at a glance.

Seeking Other Investments?

These stocks are moving-our analysis flagged them today. Act fast before the price catches up:

• Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 25 best rare earth metal stocks of the very few that mine this essential strategic resource.
• These 15 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.
• Outshine the giants: these 19 early-stage AI stocks could fund your retirement.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com