Hasbro’s digital gaming business is booming, propelling the company to an exciting year ahead. CEO Chris Cocks highlights the power of community in gaming, especially with Magic: The Gathering. Shares surged 8% after Hasbro beat Q4 profit estimates and offered strong 2026 guidance. Sales for Wizards of the Coast soared 86%.

The Street praises Hasbro’s cost-cutting and Wizards business growth. New toys tied to Disney releases like Toy Story 5 are on the horizon. Hasbro’s outlook promises top-line growth and margin expansion. Analyst Kylie Cohu raises the price target by 24% to $120, citing Hasbro’s strong position in the market.

Hasbro CEO Cocks sees the toy industry rebounding after tough years, projecting flat growth for the next few years. With a robust innovation portfolio, Hasbro is poised to benefit. Cohu’s optimism and raised price target reflect Hasbro’s momentum and potential for superior earnings power.

Read more at Yahoo Finance: Why Wizards of the Coast and digital gaming are exploding