Stock Performance and Technical Analysis - Disney stock currently trades at 91 46 to 95 89, with potential buying opportunities if the stock breaks through this level, while support is located at 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 5 15 and FY26 forecast to 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]
Analysts revise Disney stock price target