Citi analyst James Hardiman has revised the price target for Hasbro (HAS, Financial), lowering it from $75 to $55. Despite maintaining a Neutral rating on the shares, the adjustment reflects broader selling across leisure-related stocks following recent tariff policy announcements.
The decision comes in the wake of President Trump's "Liberation Day" tariff announcement, which has indiscriminately impacted leisure stocks, including sectors like cruise lines and theme parks. Hardiman notes that while some areas appear oversold, others might not fully represent the current risk environment, including powersports.
Citi has adjusted its estimates for the entire leisure sector to account for projected direct tariff impacts and an anticipated consumer slowdown. Their tariff framework predicts that affected companies will initially face the full impact of the proposed tariffs in the latter half of 2025. However, it is expected that these companies will be able to lessen this impact by 50% in fiscal 2026 through policy changes, mitigation efforts, and exclusions, with further reductions of 25% anticipated in fiscal 2027.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Hasbro Inc (HAS, Financial) is $76.65 with a high estimate of $86.12 and a low estimate of $64.00. The average target implies an upside of 47.74% from the current price of $51.88. More detailed estimate data can be found on the Hasbro Inc (HAS) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Hasbro Inc's (HAS, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hasbro Inc (HAS, Financial) in one year is $48.81, suggesting a downside of 5.92% from the current price of $51.88. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hasbro Inc (HAS) Summary page.
