The company has a market capitalization of 2470 billion and generated 594 billion in revenue in fiscal 2018. Disney stock forecast Media Networks segment, including the company’s cable, broadcast, and sports networks, is its largest business segment and generated 272 billion in revenue in fiscal 2018, representing 458 of its total revenue. The company’s Parks and Resorts segment is its second-largest business segment and generated 186 billion in revenue in fiscal 2018, representing 314 of its total revenue.
Disney’s stock has outperformed the market in the last five years, rising from $49.00 in 2013 to a recent high of $115.00 in 2018, representing a total return of 134%. The stock pulled back in 2019, falling to a recent low of $105.00.
Looking ahead, we expect Disney’s stock to continue outperforming the market, driven by the company’s strong growth prospects. Disney is scheduled to release its new streaming service, Disney+, in November 2019. The service is expected to have between 60 million and 90 million subscribers by 2024. Disney is also scheduled to release its new Star Wars streaming service, Disney+, in 2019. In addition, the company is scheduled to release its new Avatar-themed land at its Animal Kingdom park in 2021.
Disney’s strong growth prospects will continue to drive the stock higher in the long run. We have a $130.00 price target for the stock.
The Walt Disney Company (DIS) is an American mass media and entertainment conglomerate headquartered in Burbank, California. The company was founded in 1923 by brothers Walt and Roy Disney as an animation studio. It is one of the largest media groups in the world by revenue. As of 2019, Disney has a market capitalization of $247.8 billion.
The company has experienced huge growth in recent years. 2018 Disney’s revenues increased by 9% to $59.4 billion. The company’s net income increased by 23% to $12.6 billion. The main drivers of this growth were the success of the company’s film studio and theme parks.
Looking ahead, the company is expected to grow at a healthy pace. Analysts expect Disney’s revenues to increase 7.4% to $63.8 billion in 2019. Earnings are also expected to grow by 12.6% to $14.2 billion. The main drivers of this growth are expected to be the company’s film studio and theme parks.
Disney’s stock is currently trading at $115 per share. Analysts have a 12-month price target of $131 for the stock, which represents a potential upside of 14%.
So, what’s the outlook for Disney stock? The company is in a strong position and is expected to grow quickly. The stock is also attractively valued, with a 12-month price target that represents a potential upside of 14%.
The Walt Disney Company has been a juggernaut in the entertainment industry for over 90 years. The company has seen success in its various businesses, ranging from animation to theme parks to consumer products. In recent years, however, Disney has been under pressure as its core businesses have come under attack from new technological advancements and changing consumer preferences.
The company’s stock price has reflected this pressure, falling from its all-time high of $133 in 2013 to its current level of around $100. While Disney still has a strong brand and a solid business model, some headwinds the company faces could pressure its stock price even further.
In this article, we’ll look at some of the key issues that Disney faces and offer our forecast for the company’s stock price over the next 12 months.
Disney’s first issue is the declining popularity of its cable television networks. ESPN, which is by far the most valuable cable network owned by Disney, has seen its subscriber base decline in recent years as consumers have increasingly cut the cord on their cable packages.
The company has also been investing heavily in its streaming business, which is still in its early stages. Disney+ launched in November 2019 and has already amassed over 28 million subscribers. While this is a promising start, the company is still losing money on the service as it invests in content and marketing.
The second issue that Disney is facing is the coronavirus pandemic. The pandemic has caused a sharp decline in demand for travel and leisure activities, negatively impacting Disney’s theme parks and cruise line businesses. The company has also been forced to cancel or postpone several major film releases, hurting its studio entertainment business.
Disney’s third issue is the competitive threat from other streaming services. Netflix is the clear leader in the streaming space, and it has been investing heavily in original content. Other companies like Amazon and Apple also enter the streaming market with their offerings.
Disney+ has been a bright spot for the company but faces stiff competition from these other services.
As the COVID-19 pandemic continues to upend the global economy, investors are understandably wondering what the future holds for Disney stock. After all, the company has been forced to shutter its theme parks and resorts worldwide, and its highly anticipated movie releases have been delayed.
Looking ahead, analysts are expecting a gradual recovery for Disney stock. While the company will undoubtedly be impacted by the pandemic soon, the long-term outlook remains bright. Let’s take a closer look at the Disney stock forecast and see what the experts are saying.
Analysts at Morgan Stanley recently raised their price target for Disney stock from $130 to $140 per share. They believe the company’s strong franchise portfolio and direct-to-consumer streaming strategy will help it weather the current storm.
Similarly, Goldman Sachs has a “buy” rating and a $147 price target for Disney stock. The investment bank believes that the company’s streaming business will offset some of the losses from its other businesses.
The average price target for Disney stock is $135.50, representing a potential upside of about 15% from the current price. So, while the near-term outlook is uncertain, the long-term prospects for Disney stock remain bright.
Disney’s earnings are expected to continue to grow.
As one of the largest media conglomerates in the world, it’s no surprise that Disney’s earnings continue to grow. The company’s net income has doubled in the last four quarters. And according to a recent report from analysts at Goldman Sachs, Disney’s earnings are expected to continue to grow in the coming years.
Goldman Sachs analysts say that Disney’s earnings will be driven by growth in its various business segments, including theme parks, media networks, and studio entertainment businesses. The analysts expect Disney’s earnings to grow by 11% in fiscal 2019 and 9% in fiscal 2020.
One of the main drivers of Disney’s earnings growth has been the success of its theme parks. The company’s theme parks and resorts business has seen double-digit growth in the last four quarters. And Goldman Sachs analysts expect this growth to continue in the coming years.
The analysts say that the expansion of Disney’s theme parks, including the opening of the new Shanghai Disneyland, will drive growth in the business Metal Bangles. They also expect the company’s new Star Wars-themed lands to boost earnings.
Disney’s media networks business, which includes its cable and broadcast TV networks, is also expected to contribute to the company’s earnings growth. Goldman Sachs analysts say that the recent acquisition of Twenty-First Century Fox will give Disney a bigger foothold in the cable TV business and help drive earnings growth.
Disney’s studio entertainment business, including its movie studio and theatrical business, is also expected to contribute to its earnings growth. Goldman Sachs analysts say that the success of Disney’s recent movies, including “Black Panther” and “Avengers: Infinity War,” will help drive earnings growth in the coming years.
Thanks to growth in its various business segments, Disney’s earnings are expected to grow in the coming years. Goldman Sachs analysts expect the company’s earnings to grow by 11% in fiscal 2019 and 9% in fiscal 2020.