Walt Disney Company (The)NYSE: DIS
Communication Services · Movies & Entertainment
$101.36
-0.32%
Vol: 8.5M
Research Digest
Tuesday, June 16, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21Disney's JioStar India venture filed legal action against Zee Entertainment over alleged unauthorized Bollywood broadcasts; shares trading $101-$105 on May 21.Neutral▶
Disney's JioStar venture in India filed legal action against Zee Entertainment over alleged unauthorized broadcasting of Bollywood films. Disney shares traded between $101.65 and $104.86 on May 21. Recent fiscal Q2 results were strong with revenue +6.5% YoY, no signs of consumer weakness and accelerating Experiences segment growth; preliminary new-experience costs led to a 50bps operating margin contraction. Disney also announced Super Bowl 2027 broadcast rights with reports surfacing on Super Bowl ad pricing. The stock trades at a P/E of 16.37 with a 1.2% dividend yield.
May 20Disney signals more layoffs possible as company touts 'culture of efficiency' under new CEO Josh D'Amaro post Q2 FY26 beat.Positive▶
Disney executives said on May 18, 2026 the company is exploring all options including potential additional headcount cuts following a ~1,000-person layoff last month, framing it as building 'a culture of efficiency.' This follows a strong Q2 FY26 print (reported May 6) with revenue of $25.17B (+7% YoY) and adjusted EPS of $1.57 vs $1.49 expected. Disney raised FY26 adjusted EPS growth guidance to ~12%, lifted FY26 buyback target to at least $8B (from $7B), and guided double-digit adjusted EPS growth for FY27. New CEO Josh D'Amaro, presenting at the 2026 upfront, outlined plans for a unified Disney 'super-app' merging streaming, parks bookings, and merchandise. Streaming subscriber growth and Experiences segment strength offset linear-TV declines. Consensus rating: Strong Buy with average PT of $133.5 (~25.75% upside).
May 19Disney unveils super-app strategy and theme park expansion as analysts push targets toward $145Positive▶
Disney CEO Josh D'Amaro headlined the 2026 Upfront declaring Disney is 'in a category of one,' and revealed plans to unify streaming, theme park bookings and merchandise into a single Disney super-app. CFO Hugh Johnson said Walt Disney World is at capacity, driving major expansion projects (Monstropolis, Tropical Americas, Piston Peak, Villains Land). Citi raised its DIS price target to $145 from $135; Wells Fargo trimmed to $146 from $148. Recent fiscal Q2 revenue hit $23.6B with subscriber gains, though operating margin contracted ~50 bps on programming/experiences costs. Risks include investor pushback on Super Bowl ad pricing and execution risk on multi-year park capex. Sentiment is positive.
May 18No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 15Disney CFO confirms parks at capacity, requires physical expansion; new CEO Josh D'Amaro debuts at star-studded 2026 UpfrontsPositive▶
Disney held its 2026 Upfront on May 13-14 with new CEO Josh D'Amaro making his debut, drawing over 100 on-stage stars including Robert Downey Jr., Anne Hathaway, and Olivia Rodrigo. Key announcements: Avatar: Fire and Ash launches on Disney+ June 24, Ahsoka Season 2 launches in early 2027, and Conan O'Brien returns to host the 99th Academy Awards. CFO Hugh Johnston confirmed Walt Disney World parks are effectively at capacity, signaling that meaningful growth requires physical expansion rather than higher per-park attendance. Q2 FY26 results beat expectations with EPS of $1.57 and revenue up 6.5% YoY to $25.17B. Disney canceled the maiden voyage of its newest cruise ship Disney Adventure due to an engine issue. Analysts hold a Strong Buy consensus (16 Buys, 2 Holds) with avg PT of $133.81 (26.48% upside).
May 14Disney unveiled 2026 Upfront on May 12 with expanded ESPN/Savannah Bananas deal as new CEO Josh D'Amaro outlines Disney+ 'super-app' strategy following Q2 EPS beat ($1.57 vs $1.49).Positive▶
Disney held its 2026 Upfront presentation on May 12, 2026, unveiling new programming, sports partnerships, and streaming expansions across Disney+, Hulu, ABC, ESPN and FX, including a 25-game Savannah Bananas streaming package and an American Horror Story extension. New CEO Josh D'Amaro, who reported earnings as CEO for the first time on May 6, outlined plans to make Disney+ a 'super-app' unifying streaming, sports, video games, theme park bookings, and merchandise, leveraging AI and capital-light initiatives. Q2 FY2026 revenue rose to $25.17B (vs $23.62B prior year) and adjusted EPS came in at $1.57 vs $1.49 expected. Disney raised its FY2026 buyback target to at least $8B from $7B and reiterated ~12% adjusted EPS growth guidance. Risk: net income declined to $2.25B from $3.28B YoY, and macro pressures including Middle East-driven oil costs could weigh on parks attendance later in 2026.
May 13Disney Q2 FY26 revenue rose to $25.17B from $23.62B as new CEO Josh D'Amaro outlined Disney+ Super App strategy connecting streaming, sports, video games and parks; shares rose on May 9.Positive▶
Walt Disney reported fiscal Q2 2026 results in early May with revenue of $25.17 billion (up from $23.62 billion YoY), though net income declined to $2.25 billion from $3.28 billion. New CEO Josh D'Amaro's first earnings call as CEO emphasized making Disney+ the central hub connecting streaming, sports, video games and theme parks, leveraging AI and capital-light initiatives. The company projects $110.7 billion revenue and $13.2 billion in earnings by 2029, requiring 5.0% annual revenue growth. Disney confirmed share repurchases totaling 112,376,398 shares for $12.06 billion since February 2024. Shares rose on May 9 following earnings that surpassed expectations.
May 12Disney's fiscal Q2 (May 6) beat with revenue of $25.17B and adjusted EPS of $1.57, lifted FY26 adjusted EPS growth guidance to ~12%, and raised its FY share-repurchase target to at least $8B from $7B - shares rose ~7%.Positive▶
Disney reported fiscal Q2 2026 results on May 6 - the first earnings call under new CEO Josh D'Amaro - with $25.17B in revenue (beat) and $1.57 adjusted EPS. Experiences revenue rose 7% to ~$9.5B (global attendance +2%, U.S. parks -1%) and Entertainment grew 10% to $11.72B with affiliate fees +14%. Disney guided full-year adjusted EPS growth of ~12% and double-digit growth in fiscal 2027, while raising the FY26 share-repurchase target to at least $8B from $7B. Zootopia 2 generated $1.9B at the global box office and surpassed 1B streamed hours on Disney+. Shares gained ~7% after the report. Risk: domestic park attendance softness.
May 11Disney beat Q2 2026 with $25.17B revenue and $1.57 EPS, raised buyback to $8B, guided FY26 EPS growth of 12% under new CEO Josh DAmaroPositive▶
Disney reported fiscal Q2 2026 results on May 6 beating estimates with revenue of $25.17 billion (up 7% YoY) and adjusted EPS of $1.57 vs $1.49 expected. Streaming including the new ESPN DTC app offset traditional TV bundle declines, while theme parks remained stable despite Middle East-driven oil price headwinds. The company raised FY2026 buyback target to $8 billion from $7 billion and guided ~12% adjusted EPS growth, with double-digit growth expected for FY2027. New CEO Josh DAmaro outlined plans to make Disney+ a Super App hub connecting streaming, sports, video games and theme parks with greater AI use. Citi raised PT to $145 from $135 and JPMorgan to $139 from $138.
May 8Disney stock rallied 7.5% on May 6 after Q2 2026 earnings beat with adjusted EPS of $1.57 up 8% YoY, streaming income up 88%, as new CEO Josh D'Amaro laid out strategic vision.Positive▶
Disney reported strong fiscal Q2 2026 results on May 6 with adjusted EPS of $1.57, up 8% year-over-year, and revenues of $25.17 billion. Experiences segment revenue rose 7%, Entertainment revenue grew 10%, and streaming income jumped 88% to $582 million on price increases and margin improvements. New CEO Josh D'Amaro presented strategic vision focused on IP investment, Disney's core strength. Stock rallied 7.5% and hit three-month high. Company reaffirmed 12% EPS guidance for FY26 and expects double-digit earnings growth in FY27 with consensus estimates for annual earnings increasing 11% to $6.61 per share. Analyst consensus is Strong Buy with mean price target of $131.46. JPMorgan raised target to $139 from $138.
May 6Disney beats Q2 2026 earnings with record $25.17B revenue, 10% entertainment growth, and raises full-year guidance with $8B buyback authorizationPositive▶
The Walt Disney Company reported Q2 fiscal 2026 results exceeding expectations with record revenue of $25.17 billion (up 0.41% vs. consensus), adjusted EPS of $1.57 beating $1.49 estimate by 5.72%. Entertainment division revenue climbed 10% driven by studio films and streaming business improvements. Parks and Experiences reached new revenue milestone of $9.49 billion (up 7% YoY). Disney raised full-year fiscal 2026 earnings growth guidance to 12% and increased share buyback authorization from $7 billion to $8 billion. Analyst consensus shows Strong Buy with 11 Buy and 1 Hold, average price target $132.09 (31.5% upside).
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| NFLXNETFLIX | $78.76 | -3.57% | -12.2% | 20.5x | 1.49 | $331.5B |
| DISWALT | $101.36 | -0.32% | -2.5% | 13.5x | 1.39 | $175.9B |
| LYVLIVE | $174.00 | -1.05% | +4.0% | 78.8x | 1.12 | $40.5B |
| TKOTKO | $200.01 | -0.59% | +3.1% | 42.9x | 0.62 | $38.2B |
| PSKYPARAMOUNT | $10.32 | -1.67% | +4.9% | 11.9x | 1.44 | $11.5B |
| GOOGLALPHABET | $373.20 | +1.04% | -6.0% | 25.8x | 1.24 | $4.55T |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.