The Walt Disney Company (DIS)
NYSE: DIS · IEX Real-Time Price · USD
122.36
+1.38 (1.14%)
At close: Mar 28, 2024, 4:01 PM
122.65
+0.29 (0.24%)
After-hours: Mar 28, 2024, 7:59 PM EDT
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Disney stock have an average target of 117.95, with a low estimate of 76 and a high estimate of 145. The average target predicts a decrease of -3.60% from the current stock price of 122.36.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $76 | $117.95 | $120 | $145 |
| Change | -37.89% | -3.60% | -1.93% | +18.50% |
Analyst Ratings
The average analyst rating for Disney stock from 23 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 9 | 9 | 9 | 10 | 11 |
| Buy | 8 | 8 | 7 | 7 | 7 | 8 |
| Hold | 5 | 5 | 5 | 5 | 4 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 24 | 23 | 22 | 22 | 22 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $120 → $145 | Strong Buy | Maintains | $120 → $145 | +18.50% | Mar 28, 2024 |
| UBS | UBS | Strong Buy Maintains $120 → $140 | Strong Buy | Maintains | $120 → $140 | +14.42% | Mar 27, 2024 |
| Raymond James | Raymond James | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Mar 26, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $95 → $135 | Hold → Buy | Upgrades | $95 → $135 | +10.33% | Mar 25, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $110 → $135 | Buy | Maintains | $110 → $135 | +10.33% | Mar 4, 2024 |
Financial Forecast
Revenue This Year
Increased by 4.18%
from 88.90B
Revenue Next Year
97.48B
from 92.61B
Increased by 5.26%
from 92.61B
EPS This Year
4.68
from 1.29
Increased by 263.17%
from 1.29
EPS Next Year
5.49
from 4.68
Increased by 17.20%
from 4.68
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 69.61B | 65.39B | 67.42B | 82.72B | 88.90B | 92.61B | 97.48B | 102.10B | 106.80B | 109.42B |
| Revenue Growth | 17.12% | -6.06% | 3.10% | 22.70% | 7.47% | 4.18% | 5.26% | 4.73% | 4.61% | 2.45% |
| EPS | 6.64 | -1.59 | 1.09 | 1.72 | 1.29 | 4.68 | 5.49 | 6.10 | 6.98 | 8.98 |
| EPS Growth | -20.57% | - | - | 57.80% | -25.00% | 263.17% | 17.20% | 11.02% | 14.58% | 28.56% |
| No. Analysts | - | - | - | - | - | 29 | 29 | 19 | 3 | 2 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 98.2B | 103.4B | 108.7B | 112.4B | 113.8B |
| Avg | 92.6B | 97.5B | 102.1B | 106.8B | 109.4B |
| Low | 88.6B | 92.5B | 96.4B | 102.4B | 106.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.5% | 11.6% | 11.5% | 10.1% | 6.5% |
| Avg | 4.2% | 5.3% | 4.7% | 4.6% | 2.5% |
| Low | -0.3% | -0.1% | -1.1% | 0.2% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.08 | 6.63 | 7.54 | 8.54 | 9.33 |
| Avg | 4.68 | 5.49 | 6.10 | 6.98 | 8.98 |
| Low | 4.36 | 4.78 | 5.18 | 5.59 | 8.71 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 294.0% | 41.4% | 37.3% | 40.0% | 33.7% |
| Avg | 263.2% | 17.2% | 11.0% | 14.6% | 28.6% |
| Low | 238.4% | 2.1% | -5.6% | -8.4% | 24.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
