The company's major moves were essentially met with not only a shrug from investors, but with a recommendation downgrade from an analyst.Walt Disney's (DIS -0.30%) annual fan event failed to move the needle on its stock, a situation compounded by a significant price target cut from an analyst. Neither rocked the shares badly, but Disney still landed in negative territory on Monday. Its stock slumped by 0.3% on a day when the S&P 500 index traded flat.A major move on parksAt its D23 Expo, much of Disney's hy ...

The Walt Disney Company DIS had a magical weekend with many company updates shared at its bi-annual D23 Expo along with "Deadpool & Wolverine" continuing to perform well at the box office.What Happened: Disney's "Deadpool & Wolverine" was the top-grossing film domestically over the weekend, bringing the Marvel film closer to becoming the highest-grossing R-rated film of all time.The film has grossed $535.2 million domestically and $494.3 million internationally, good for $1.03 billion worldwide, as reported ...

Disney announced that it's adding four more cruise ships to its fleet.It was easy to miss this in Walt Disney's (DIS 0.07%) nearly three-hour D23 presentation on the future of its theme parks and experiences on Saturday night, but the media giant announced a pretty massive expansion of its cruise ship fleet. Disney announced that it's adding another four ships to its cruise line, on top of the four that are already in the works.In a few years, Disney-branded boats will go from today's slate of five vessels ...

JHVEPhoto In May 2023, I was wondering if wonderland would return to the case of The Walt Disney Company (NYSE:DIS). Margin pressure was widespread, with lower earnings, poor cash flow conversion and high debt levels making me cautious on the stock, with few triggers in sight. By now, the company has returned to (margin) growth, but the company is still performing far below past profitability metrics here. While the risk-reward seems more compelling here than we have seen for a while, amidst reasonable ...

KEY TAKEAWAYSThe Walt Disney Co., which recently warned of slowing demand at its Experiences segment, is spending billions of dollars to expand its theme park attractions and its cruise ship fleet.Among the announcements the entertainment giant reported at its three-day "D23: The Ultimate Disney Fan Event" in Anaheim, Calif.: the largest expansion in the 53-year history of Orlando's Magic Kingdom.Disney announced a $60 billion, 10-year expansion of its theme parks and cruise operations last year. The Walt D ...

ORLANDO, FL - JUNE 1: The corporate for World of Disney is displayed at their store at Disney ... [+] Springs at Walt Disney World on June 1, 2024, in Orlando, Florida. (Photo by Gary Hershorn/Getty Images)Getty ImagesDisney stock currently trades at $86 per share, about 57% below its pre-inflation shock high of about $200 seen on March 8, 2021. The sell-off has been driven by several factors. Disney’s streaming business has been witnessing slowing subscriber growth and mounting competition. The linear TV b ...

Investors are so fixated on a couple of numbers that they're not seeing everything else that's happening.There's no denying that The Walt Disney Company (DIS 0.29%) misfired last quarter. Although its streaming business' swing to its first-ever operating profit is an exciting milestone to be sure, its theme parks are facing a tough battle with inflation -- its own, as well as the price increases crimping consumer spending. Disney stock fell more than 4% on Thursday following that morning's release of the co ...

It hasn't been smooth sailing for Disney shareholders in recent years.With its iconic franchises and well-known characters, Walt Disney (DIS 0.29%) is a company most people are familiar with today. But that doesn't mean it has turned out to be a great investment. In fact, over the past decade the shares have produced a total return of only 14%, seriously lagging the broader S&P 500 by a wide margin. As of this writing, the top media stock trades 57% below its peak price from early 2021.Could Disney be a no- ...

In this articleDISBob Iger, CEO, The Walt Disney Company appears at the Disney Entertainment Showcase at D23: The Ultimate Disney Fan Event in Anaheim, California on August 09, 2024.Araya Doheny | Getty Images Entertainment | Getty ImagesWhen Disney CEO Bob Iger stepped onto the stage at the Honda Center in Anaheim, California on Friday night, the crowd erupted. Some 12,000 Disney fans rose to their feet and cheered, leaving the 73 year-old executive grinning wide as he tried to quiet them back down."I was ...

Despite posting strong results for its fiscal third quarter on Wednesday, Disney’s (DIS)  stock has dropped 5% since its Q3 report and is now 30% below its 52-week highs. Recent market volatility may be playing a part in the post-earnings decline as there were some very positive signs for the iconic media and entertainment company, including its streaming unit turning its first profit.Image Source: Zacks Investment ResearchDisney’s Q3 ResultsDisney stated its strong performance during Q3 was driven by its E ...