Hasbro ( (HAS) ) has released a notification of late filing.
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Hasbro, Inc. has filed a Form 12b-25 notifying investors of a delay in its Form 10-Q (Quarter Report) for the quarter ended March 29, 2026. The filing covers a quarterly reporting period and confirms that the company remains current on all other SEC reports.
The delay stems from a cybersecurity incident involving unauthorized access to Hasbro’s network detected on March 28, 2026. The company activated its incident response plan, engaged third-party cyber-security specialists, and proactively took some systems offline, which slowed the collection of information needed to complete the Form 10-Q (Quarter Report).
Hasbro states that the unauthorized access has been contained and that systems and operations are being restored. The company expects to file the Form 10-Q (Quarter Report) within the five-day extension window allowed under SEC Rule 12b-25 for late quarterly reports.
Importantly for investors, Hasbro says the cyber incident did not impact its financial results for the first quarter. The company previously guided revenue of approximately $970 million to $985 million and operating profit of $235 million to $245 million under U.S. GAAP, and now expects results to exceed the high end of both ranges.
Complete financial results will be released when the Form 10-Q (Quarter Report) is filed, and all forward-looking statements are subject to risks including the duration of operational disruptions and potential legal or cost impacts from the incident. Hasbro emphasizes ongoing compliance with SEC requirements, and the notification is signed by Chief Financial Officer and Chief Operating Officer Gina Goetter on May 11, 2026, in her capacity as principal financial and accounting officer.
The most recent analyst rating on (HAS) stock is a Buy with a $115.00 price target. To see the full list of analyst forecasts on Hasbro stock, see the HAS Stock Forecast page.
Spark’s Take on HAS Stock
According to Spark, TipRanks’ AI Analyst, HAS is a Neutral.
The score is driven primarily by strong cash generation and a positive forward outlook from management (revenue growth and high margin guidance), offset by weakened GAAP profitability and balance-sheet leverage risk. Technical signals are broadly neutral-to-slightly bearish, while valuation benefits from the dividend but is constrained by negative earnings; recent corporate events add incremental operational risk due to the cybersecurity incident.
To see Spark’s full report on HAS stock, click here.
More about Hasbro
Hasbro, Inc. is a global play and entertainment company best known for its portfolio of toys, games, and entertainment brands. The company develops, markets, and licenses products tied to well-known franchises and operates across consumer products, gaming, and entertainment segments.
Average Trading Volume: 1,727,407
Technical Sentiment Signal: Buy
Current Market Cap: $13.84B
For an in-depth examination of HAS stock, go to TipRanks’ Overview page.