Disney Analyst Highlights Streaming, Theme Parks And 'Portfolio Durability'
Disney Analyst Highlights Streaming, Theme Parks And 'Portfolio Durability'
Walt Disney Company (NYSE:DIS) may have bright days thanks to theme parks and streaming, according to Rosenblatt's Barton Crockett.
據Rosenblatt的Barton Crockett所述，華特迪士尼公司（紐交所：DIS）由於主題公園和流媒體服務可能有光明的前景。
The Disney Analyst: Crockett maintains a Buy rating on Disney and raised the price target from $122 to $135.
迪士尼分析師：Crockett維持對迪士尼的買入評級，並將目標價從122美元上調至135美元。
The Analyst Takeaways: Disney's growth looks "do-able" and the stock is "buyable," Crockett writes in a new investor note.
分析師看法：Crockett在一份新的投資者報告中寫道，迪士尼的增長看起來是「可實現的」，股票是「可買入的」。
Read Also: Disney Q4 Earnings: Revenue And Profit Beat, Best Film Studio Performance, 3-Year Outlook And More
另請閱讀：迪士尼第四季度業績：營業收入和利潤超出預期，最佳電影製片廠表現，三年展望等更多內容
The new $135 price target assumes Disney shares can trade closer to a forward price-to-earnings ratio of 22x, instead of the near 10% discount to the market average Disney stock has traded at in recent history.
新的135美元目標價假設迪士尼的股票可以以22倍的前瞻市盈率進行交易，而不是最近歷史上迪士尼股票相較於市場平均水平近10%的折扣。
"A northward re-rating for Disney can be supported by rising confidence in portfolio durability and growth trajectory, and less concern about exposure to secular pressures on linear TV and competition in streaming," Crockett said.
Crockett表示：「對迪士尼的北向重新評級可以通過對投資組合耐用性和增長軌跡的信懇智能提升得到支持，以及對線性電視的世俗壓力和流媒體競爭的擔憂減少。」
Disney's confidence in high single-digit earnings per share growth in 2025, and double-digit growth in 2026 and 2027 appears aggressive, Crockett says. But it could become a reality, he adds, after hearing more details from new CFO Hugh Johnson last week.
Crockett表示，迪士尼對2025年每股收益高個位數增長、2026年和2027年雙位數增長的信心似乎很激進。但在上週聽到新任CFO Hugh Johnson的更多細節後，他補充說這可能會成爲現實。
Disney remains focused on its theme park segment and cruise lines, which will continue to attract guests in future.
迪士尼仍然專注於其主題公園板塊和郵輪概念，這些將繼續吸引未來的遊客。
Disney's DTC segment, which includes Hulu, Disney+ and ESPN streaming platforms, could also be a key growth element, Crockett said.
分析師表示，迪士尼的DTC業務部門，包括Hulu、Disney+和ESPN流媒體平台，也可能是一個關鍵的增長要素。
The analyst said cross-promotion reduced churn and Disney+ is enjoying a lift in subscribers thanks to several hit films. The release of movies like "Deadpool & Wolverine," "Inside Out 2" and "Moana 2" on Disney+ could help boost subscriber growth ahead.
分析師表示，交叉推廣減少了用戶流失，迪士尼+因多部熱門電影而享受訂閱用戶數的增長。像《死侍與金剛狼》、《頭腦特工隊2》和《海洋奇緣2》等電影在迪士尼+上的發佈可能會幫助推動未來的訂閱用戶數增長。
Crockett says DTC streaming is "the leading driver of segment profit growth in F2026."
克羅凱特表示，DTC流媒體是2026財年部門利潤增長的主要驅動因素。
Price Action: Disney stock is down 0.58% to $112.41 on Monday versus a 52-week trading range of $83.91 to $123.74. Disney stock is up 24% year-to-date in 2024.
價格動態：迪士尼股票週一下跌0.58%，至112.41美元，52周交易區間爲83.91美元至123.74美元。迪士尼股票在2024年迄今上漲24%。
- 'Inside Out 2,' 'Deadpool & Wolverine,' 'Baby Reindeer' Google's Top 2024 Entertainment Searches
- '頭腦特工隊2', '死侍與金剛狼', '小鹿寶寶' 谷歌2024年娛樂搜索排行榜
Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。