DIS

AI Research

Josh D'Amaro named CEO + annual meeting Mar 18 → OpenAI Sora character deal

Disney has hired Josh D'Amaro as its new CEO, succeeding Bob Iger in March 2026, alongside Paul Roeder being named Chief Communications Officer. The company agreed to let its characters be used in OpenAI's Sora video generation platform, marking a significant AI content partnership. Q1 FY2026 revenue grew 5% year-over-year to $26.0 billion with management expecting margin and earnings growth to accelerate in H2 2026; the stock trades near $102 with 42 analysts setting a median target of $131 (Strong Buy consensus), though near-term profitability risks remain.

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