Walt Disney (DIS) Stock Forecast & Price Target

$96.01

+0.81 (+0.85%)

(As of 09/27/2024 ET)

Walt Disney - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 22 Analyst Ratings

Sell
0

Hold
2

Buy
20

Based on 22 Wall Street analysts who have issued ratings for Walt Disney in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 22 analysts, 2 have given a hold rating, and 20 have given a buy rating for DIS.

Consensus Price Target

$118.43
23.35% Upside

According to the 22 analysts' twelve-month price targets for Walt Disney, the average price target is $118.43. The highest price target for DIS is $140.00, while the lowest price target for DIS is $91.00. The average price target represents a forecasted upside of 23.35% from the current price of $96.01.

DIS Analyst Ratings Over Time

Type	Current Forecast 9/29/23 to 9/28/24	1 Month Ago 8/30/23 to 8/29/24	3 Months Ago 7/1/23 to 6/30/24	1 Year Ago 9/29/22 to 9/29/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	20 Buy rating(s)	21 Buy rating(s)	22 Buy rating(s)	18 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$118.43	$117.95	$126.50	$113.50
Forecasted Upside	23.35% Upside	31.35% Upside	27.40% Upside	40.02% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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DIS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DIS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Walt Disney Stock vs. The Competition

Type	Walt Disney	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.91	2.56	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	23.35% Upside	1,158.83% Upside	6.14% Upside
News Sentiment Rating	Neutral News See Recent DIS News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/26/2024	Needham & Company LLC 2 of 5 stars		Reiterated Rating	Buy ➝ Buy	$110.00 ➝ $110.00	+17.12%
9/19/2024	Macquarie 2 of 5 stars		Lower Target	Neutral ➝ Neutral	$94.00 ➝ $91.00	-3.66%
8/8/2024	Barclays 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$130.00 ➝ $105.00	+22.35%
8/8/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$123.00 ➝ $101.00	+18.81%
8/8/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$145.00 ➝ $120.00	+40.85%
8/8/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$130.00 ➝ $115.00	+34.98%
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8/8/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$136.00 ➝ $116.00	+37.57%
8/8/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$130.00 ➝ $120.00	+42.16%
8/8/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$128.00 ➝ $105.00	+22.15%
8/8/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$135.00 ➝ $125.00	+45.42%
8/5/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$130.00 ➝ $110.00	+27.54%
7/30/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$139.00 ➝ $130.00	+39.51%
7/2/2024	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$130.00 ➝ $125.00	+28.28%
6/25/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Ng Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$125.00	+22.57%
5/21/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Neutral	$100.00	-2.87%
4/10/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$125.00 ➝ $140.00	+19.46%
4/3/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$125.00 ➝ $140.00	+14.43%
4/2/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$129.00 ➝ $137.00	+10.97%
4/1/2024	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$133.00	+8.70%
2/21/2024	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$136.00	+25.76%
10/6/2023	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Joyce Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
10/5/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$103.00	+27.46%
9/19/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$105.00	+27.63%
8/21/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$126.00 ➝ $122.00	+41.93%
8/16/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$125.00 ➝ $120.00	+38.94%
7/25/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underweight	$113.00 ➝ $76.00	-12.22%
5/25/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$120.00 ➝ $107.00	+20.13%
5/12/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform
1/17/2023	Huber Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight
11/21/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Kutgun Maral Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$130.00	+33.22%
11/9/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$124.00 ➝ $94.00	+3.35%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:04 PM ET.

Should I Buy Walt Disney Stock? DIS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, September 11, 2024. Please send any questions or comments about these Walt Disney pros and cons to contact@marketbeat.com.

Walt Disney
Bull Case

Here are some ways that investors could benefit from investing in The Walt Disney Company:

The Walt Disney Company operates as an entertainment company worldwide, with a strong presence in the entertainment industry.
The company produces and distributes film and television video streaming content under popular brands like ABC Television Network, Disney, Freeform, FX, and Fox, which have a wide audience reach.
The Walt Disney Company has diversified revenue streams through its segments: Entertainment, Sports, and Experiences, which can provide stability in uncertain market conditions.
Recent developments in the company's streaming services, such as Disney+, have shown strong subscriber growth and potential for future revenue generation.
Investors may find the current stock price of The Walt Disney Company attractive for potential long-term growth opportunities.

Walt Disney
Bear Case

Investors should be bearish about investing in The Walt Disney Company for these reasons:

While The Walt Disney Company has a strong presence in the entertainment industry, it also faces competition from other major players in the streaming and content creation space.
The company's success is closely tied to the performance of its film and television content, which can be subject to changing consumer preferences and market trends.
Fluctuations in the global economy and consumer spending habits can impact the company's revenue and profitability.
Investing in entertainment companies like The Walt Disney Company can be considered a higher risk due to the cyclical nature of the industry and changing consumer behaviors.
While the company has shown growth potential in its streaming services, there may be uncertainties regarding the sustainability of this growth and its impact on overall financial performance.

DIS Forecast - Frequently Asked Questions

: According to the research reports of 22 Wall Street equities research analysts, the average twelve-month stock price forecast for Walt Disney is $118.43, with a high forecast of $140.00 and a low forecast of $91.00.
: 22 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Walt Disney in the last twelve months. There are currently 2 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DIS shares.
: According to analysts, Walt Disney's stock has a predicted upside of 23.35% based on their 12-month stock forecasts.
: Walt Disney has been rated by research analysts at Bank of America, Barclays, Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., Loop Capital, Macquarie, Moffett Nathanson, Morgan Stanley, Needham & Company LLC, Raymond James, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Walt Disney more than other "consumer discretionary" companies. The consensus rating score for Walt Disney is 2.91 while the average consensus rating score for "consumer discretionary" companies is 2.56. Learn more on how DIS compares to other companies.