Walt Disney (NYSE:DIS) Releases FY 2026 Earnings Guidance

Walt Disney (NYSE:DIS) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 6.640-6.640 for the period, compared to the consensus estimate of 6.630. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Weiss Ratings upgraded shares of Walt Disney from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Guggenheim raised their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday. Jefferies Financial Group reduced their price objective on shares of Walt Disney from $136.00 to $132.00 and set a “buy” rating for the company in a research note on Tuesday, February 3rd. Wells Fargo & Company reduced their price objective on shares of Walt Disney from $148.00 to $146.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, JPMorgan Chase & Co. raised their price objective on shares of Walt Disney from $138.00 to $139.00 and gave the company an “overweight” rating in a research note on Thursday. Seventeen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.13.

Walt Disney Stock Performance

DIS traded down $0.09 during midday trading on Friday, hitting $108.58. 2,848,556 shares of the company traded hands, compared to its average volume of 10,829,267. The company’s 50-day moving average is $100.87 and its 200 day moving average is $106.63. Walt Disney has a 52 week low of $92.18 and a 52 week high of $124.69. The firm has a market capitalization of $192.34 billion, a PE ratio of 17.34, a price-to-earnings-growth ratio of 1.51 and a beta of 1.41. The company has a quick ratio of 0.61, a current ratio of 0.68 and a debt-to-equity ratio of 0.33.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, May 6th. The entertainment giant reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.08. The firm had revenue of $25.17 billion during the quarter, compared to analyst estimates of $24.87 billion. Walt Disney had a net margin of 11.54% and a return on equity of 8.92%. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.45 earnings per share. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. On average, research analysts expect that Walt Disney will post 6.61 EPS for the current year.

Walt Disney News Summary

Here are the key news stories impacting Walt Disney this week:

• Positive Sentiment: Q2 beat and streaming profitability — Disney reported fiscal Q2 results above estimates, highlighted double-digit streaming margins, solid parks revenue, and a bullish outlook that sparked the recent rally. Disney Jumps 8.4% As Streaming Profitability Hits New Milestone
• Positive Sentiment: Analyst upside — Multiple firms raised price targets and reiterated overweight/buy views after the quarter (JPMorgan, Barclays, Guggenheim), supporting further upside expectations. Benzinga: Price Target Moves
• Positive Sentiment: New CEO strategy & product roadmap — CEO Josh D’Amaro has laid out a three?pillar growth plan (IP, global reach, AI) and is exploring a unified “super app” to better monetize streaming, parks and commerce — a multi-year catalyst if executed. Disney looking to make a unified ‘super app’
• Positive Sentiment: Partnerships/cross-sell — New collaborations (e.g., CIBC + Disney+) expand distribution and promo channels in Canada, helping subs and ARPU over time. CIBC delivers added value for clients with new Disney+ collaboration
• Neutral Sentiment: Internal AI adoption — Employees report heavy internal use of AI tools to boost productivity; long-term efficiency gains possible but execution/talent risks remain. One of Disney’s top AI users tells all
• Neutral Sentiment: New venue & consumer interest — Disney Springs is adding Level99 (hiring/opening this summer), a small positive for parks/retail engagement but limited near-term earnings impact. Level99 now hiring, set to open this summer at Disney Springs
• Neutral Sentiment: Cost-of-visit coverage — Consumer pieces on how much a Disney World trip costs highlight strong pricing power but may also raise perception of affordability limits for some guests. This Is How Much It Costs to Go to Disney World in 2025
• Negative Sentiment: Rising travel costs risk attendance — A report on jet fuel spiking and a “staycation” trade warns that higher travel costs could pressure international attendance and long?haul travel to parks. That is a macro headwind for Disney’s travel?dependent businesses. As Jet Fuel Spikes 100%, 2 Mega-Cap CEOs Reveal the Staycation Trade Has Already Started
• Negative Sentiment: Legal headline — A lawsuit alleging unauthorized use of an actress’ likeness in ‘Avatar’ involves Disney and could create modest legal/PR noise; not currently material to core financials but worth monitoring. James Cameron and Walt Disney Company Sued Over Unauthorized Use

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DIS. Viking Global Investors LP purchased a new stake in shares of Walt Disney during the 2nd quarter valued at about $725,219,000. Price T Rowe Associates Inc. MD increased its position in shares of Walt Disney by 62.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,876,878 shares of the entertainment giant’s stock valued at $1,578,773,000 after purchasing an additional 5,334,866 shares during the last quarter. State Street Corp increased its holdings in Walt Disney by 3.0% during the third quarter. State Street Corp now owns 82,019,749 shares of the entertainment giant’s stock valued at $9,391,261,000 after buying an additional 2,376,706 shares during the last quarter. Bank of Nova Scotia increased its holdings in Walt Disney by 192.9% during the fourth quarter. Bank of Nova Scotia now owns 1,566,840 shares of the entertainment giant’s stock valued at $178,259,000 after buying an additional 1,031,878 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in Walt Disney by 69.0% during the fourth quarter. AQR Capital Management LLC now owns 2,282,001 shares of the entertainment giant’s stock valued at $259,623,000 after buying an additional 931,979 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Company Profile

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi?national entertainment enterprise known for iconic intellectual property and family?oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.