On Nov 15, major Wall Street analysts update their ratings for $Disney (DIS.US)$, with price targets ranging from $110 to $140.
Goldman Sachs analyst Mike Ng maintains with a buy rating, and maintains the target price at $125.
J.P. Morgan analyst David Karnovsky maintains with a buy rating.
BofA Securities analyst Jessica Reif Ehrlich maintains with a buy rating, and sets the target price at $140.
Barclays analyst Kannan Venkateshwar maintains with a buy rating, and adjusts the target price from $105 to $125.
UBS analyst John Hodulik maintains with a buy rating, and maintains the target price at $120.
Furthermore, according to the comprehensive report, the opinions of $Disney (DIS.US)$'s main analysts recently are as follows:
Disney delivered a 'mixed' fiscal Q4 performance, with revenues surpassing estimates and operating income slightly falling short of expectations. Significantly, the optimistic investor response post-earnings is believed to be in reaction to the anticipated high single digit adjusted EPS growth for FY25, which exceeds prior forecasts, coupled with the expectation of double digit EPS growth in FY26 and FY27.
The company's guidance for fiscal 2025 surpasses expectations, while projections for 2026-2027 suggest sustained robust growth across all three operating segments. Following the earnings announcement, estimates for Disney have been revised upwards.
The company's outlook may reflect a certain level of prudence across various segments, likely aiding in meeting its declared objectives. The recent guidance issued by the company is expected to alleviate some immediate worries regarding the recent underperformance in the parks segment. When discounting the effects of cruise ship launch expenses and hurricane impacts, the inherent growth appears to be around 9%, surpassing the mid-single-digit trends observed over a longer period.
The company's recent earnings outperformance is noteworthy, and it has provided not only guidance for FY25 but also profit projections for individual divisions in FY26. Moreover, the company anticipates double-digit growth in earnings per share for both FY26 and FY27. A significant shift in the company's fundamentals can be seen in the creative execution within the studio division, where there has been more than a 50% increase in global box office revenue per franchise film over the past two years, nearing the levels seen in 2018, with potential for further growth. This cinematic success is expected to drive enhanced sales in consumer products, elevated interest in theme parks, and ultimately, contribute to increased streaming service engagement and demand.
Disney's FQ4 EBIT figures were slightly below expectations according to an analyst, although they aligned with the general market consensus. Interestingly, the company provided a three-year forecast for their earnings per share.
Here are the latest investment ratings and price targets for $Disney (DIS.US)$ from 10 analysts:
Note:
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