Disney(DIS)

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Will Streaming Gains Power Disney Stock's Q4?
Forbes· 2024-10-28 10:00
18 September 2024, Lower Saxony, Weener: The "Mickey Mouse" logo adorns a smokestack on the "Disney ... [+] Treasure", the newly built cruise ship from the Meyer Werft shipyard in Papenburg. Photo: Alicia Windzio/dpa (Photo by Alicia Windzio/picture alliance via Getty Images) dpa/picture alliance via Getty Images Disney is expected to publish its Q4 FY'24 results around November 14. We expect revenues for the quarter to come in at $22.5 billion, slightly ahead of consensus estimates, marking an increase of ...
Here's Why Disney Is Raising Theme Park Ticket Prices, but Will It Work?
The Motley Fool· 2024-10-26 21:08
The House of Mouse obviously believes consumers are willing to pay more for popular amusement. It may be in for a rude awakening. Anyone who's priced a Walt Disney (DIS -0.39%) vacation within the past few days might be suffering from a bit of sticker shock. A trip to any of its theme parks has never been cheap. But following price increases imposed earlier this month, it'll cost you on the order of 6% more just to set foot in California's Disneyland; Florida's Disney World ticket prices are still slated fo ...
Disney Family Vacations Getting More Expensive With Lightning Lane: Analyst Sees $220 Million Benefit For Media Giant In 2025
Benzinga· 2024-10-25 16:03
A trip to theme parks owned by Walt Disney Co DIS could soon become more expensive for families if they want to take as many rides as possible. An analyst says this could be a great thing for Disney's financials. The Disney Analyst: Goldman Sachs analyst Michael Ng reiterated a Buy rating on Disney and raised the price target from $120 to $125. Read Also: Disney's Q3 Earnings: Revenue And EPS Beat, Streaming Business Turns Profitable, Strong ESPN Revenue Boost The Analyst Takeaways: Disney could add $220 mi ...
Analysts revise Disney stock price target
Finbold· 2024-10-25 09:21
Stock Performance and Technical Analysis - Disney stock currently trades at $95 40, having declined by -1 70% over the past five days, with a trading range of $91 46 to $97 57 in the past month [1] - A resistance zone is identified at $95 89, with potential buying opportunities if the stock breaks through this level, while support is located at $94 98 [1] Analyst Ratings and Price Targets - Goldman Sachs raised Disney's price target from $120 to $125 on October 24, maintaining a 'Buy' rating [1] - Needham & Company reaffirmed a 'Buy' rating with a price target of $110, citing Disney's brand power and innovative strategies [2] - Piper Sandler initiated coverage with a 'Neutral' rating and a price target of $95 00, highlighting mixed performance in theme parks but strong gains in the direct-to-consumer segment [3] Earnings and Growth Drivers - Goldman Sachs raised FY25 EPS projection to $5 15 and FY26 forecast to $6 28 from $5 96, driven by new initiatives like the Lightning Lane Premiere Pass and Disney Adventure maiden voyage [2] - Disney+ is emerging as a key growth engine, with significant gains in the direct-to-consumer segment as consumer preferences shift toward digital content [3] Leadership and Strategic Direction - James Gorman, a veteran executive from Morgan Stanley, will take over as Disney's board chairman in 2025, bringing financial expertise to guide the company through expansion and evolving consumer landscapes [4] Long-Term Growth Prospects - Despite recent stock pullback, analysts remain optimistic about Disney's long-term growth, particularly with Disney+ gaining global traction [5] - The stock's consolidation phase may present an attractive entry point for investors, supported by Goldman Sachs' revised price target and Needham's confidence in Disney's strategic moves [5]
Why Walt Disney (DIS) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-10-24 14:51
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Walt Disney World Hikes Annual Pass Prices
Deadline· 2024-10-23 20:13
Two weeks after Disneyland released new rates for tickets and annual passes, the Magic Kingdom has followed suit: Walt Disney World today announced pricing for its four-tier annual pass program, effective immediately. The average increase across the tiers is 6.25%. For comparison, the Consumer Price Index rose 2.5% in the year period ending in August 2024. That’s according to the Bureau of Labor Statistics. The CPI’s rate of increase is expected to fall further in 2025. The chief difference between the tie ...
Disney's CEO plan sparks speculation on what the drawn-out Bob Iger succession means
Business Insider· 2024-10-22 15:08
Disney said Monday it would name a new CEO in early 2026 and named James Gorman as board chairman.Bob Iger's previous succession plan failed, leading to his return as CEO in 2022.Some close to Disney are wondering how his next exit will be handled. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while ...
Can a New CEO Get Disney Stock Back to $100?
The Motley Fool· 2024-10-22 14:15
Bob Iger's successor will be revealed in early 2026. Disney can't strike out twice. It's not exactly the Logan Roy family from the hit TV series Succession, but it's time for Bob Iger and his board at Walt Disney (DIS 0.14%) to start looking for the media giant's next CEO. Disney announced a board shakeup on Monday. It will soon have its fourth chairman in the last three years. More importantly, Disney finally offered up an initial timeline to find Iger's replacement. The board expects to name its next CEO ...
Disney's Movie Pipeline Shows Promise Amid Tech-Led Hollywood
Seeking Alpha· 2024-10-21 18:55
I last covered The Walt Disney Company (NYSE: DIS ) in July, outlining a 12-month price target of $120 and a five-year price target of $170. Since that analysis, the stock has gained 7.25% in price. Now, I've looked more into Disney's current Oliver Rodzianko is an investment analyst specializing in the technology sector, with a focus on artificial intelligence, semiconductors, software, and renewable energy. He has earned a strong reputation on Seeking Alpha, where he is frequently featured in the platform ...
Disney Says It Will Announce CEO Iger's Replacement in Early 2026
Investopedia· 2024-10-21 18:20
Key Takeaways The Walt Disney Co. announced that the replacement for CEO Bob Iger will be named in early 2026. The entertainment giant also said former Morgan Stanley CEO James Gorman, who heads the succession committee, will become chair on Jan. 2. Iger returned to Disney as CEO in November 2022 after the board removed his successor, Bob Chapek. Shares of The Walt Disney Co. (DIS) declined Monday as the entertainment giant said that the replacement for Chief Executive Officer (CEO) Bob Iger will be named i ...