Why Hasbro Stock Surged This Week
Hasbro shares jumped 18.9% this week after third-quarter earnings and revenue beat Wall Street forecasts. Surging demand for Magic: The Gathering drove its quarterly revenue above $600 million for the first time.
Hasbro shares jumped 18.9% this week after third-quarter earnings and revenue beat Wall Street forecasts. Surging demand for Magic: The Gathering drove its quarterly revenue above $600 million for the first time.
Does Hasbro (HAS) have what it takes to be a top stock pick for momentum investors? Let's find out.
HAS, UVE and HCSG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 23, 2026.
HAS, TXN and UVE made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 23, 2026.
UVE, HAS, TXN, URI and ISRG have been added to the Zacks Rank #1 (Strong Buy) List on October 23, 2026.
Christmas shopping has always required some financial juggling, but this year, Santa might need a bigger budget. American families are already contending with higher prices for groceries, electricity, gasoline, and other everyday necessities.
The Q3 earnings cycle continues to roll along, with several companies ??? Accenture (ACN), Hasbro (HAS), and MSCI (MSCI)?
Hasbro remains a buy after a 45% rally, driven by exceptional MAGIC franchise performance and robust Q3 results. Wizards and Digital Gaming, led by MAGIC: The Gathering, delivered 31% revenue growth and 520 bps margin expansion, solidifying HAS's secular growth story. Balance sheet repair is complete; net debt is below 1.8x, enabling increased buybacks and a secure 2.6% dividend yield.
Magic: The Gathering revenue surpassed $600 million. Hasbro is doubling its stock buyback program.
Net Revenue: $1.6 billion in Q3, up 15% year-over-year; $3.7 billion through nine months, up 15%.Adjusted Operating Profit: $541 million in Q3, up 52%; $1.1 bil
Magic revenue grew 34% to exceed $600 million. Licensing businesses generate nearly $700 million in annual revenue.
Hasbro stock is surging after smashing Q3 earnings expectations. Magic: The Gathering sales alone exceeded $600 million during the quarter.
Hasbro (HAS), Haliburton (HAL), and Northrop Grumman (NOC) are all charging higher after upbeat earnings reports
Hasbro, Inc. (HAS) Q3 2026 Earnings Call Transcript
Hasbro Inc (NASDAQ:HAS), the games, entertainment and toy company, raised its 2026 financial outlook after third-quarter revenue increased 15% to $1.6 billion, driven by record quarterly sales from Magic: The Gathering. The company increased its full-year revenue growth forecast to 7% to 9% at constant exchange rates, from a previous range of 5% to 7%.
Hasbro NASDAQ: HAS reported third-quarter revenue growth of 15% and a 52% increase in adjusted operating profit, led by continued momentum at Wizards of the Coast and Digital Gaming and improved profitability in Consumer Products.
Hasbro's Q3 2026 earnings surge 72.6% as Magic: The Gathering fuels 15% revenue growth, prompting higher full-year revenue, margin and EBITDA forecasts.
The fourth quarter of a calendar year is highlighted by holiday spending. Investors won't know the actual winners and losers until companies report their numbers in 2027.
While the top- and bottom-line numbers for Hasbro (HAS) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
U.S. stocks were mixed, with the Dow Jones index gaining around 400 points on Tuesday.