HAS

AI Research

Harry Potter licensing deal with Warner Bros; Q4 revenue +31.3% driven by gaming division

Hasbro reported a 31.3% revenue increase in Q4 2025 driven by its gaming division, and announced a new multi-year licensing partnership starting in 2027 with Warner Bros. Discovery to become the global primary toy licensee for the Harry Potter franchise. The company issued $400M in bonds and announced a $1B share repurchase plan as part of a strategic pivot toward higher-margin franchises. All 12 covering analysts recommend buying the stock with a Strong Buy consensus and average price target of $113.71.