JPMorgan Chase & Co. Boosts Walt Disney (NYSE:DIS) Price Target to $140.00

Walt Disney (NYSE:DISGet Free Report) had its price objective raised by equities researchers at JPMorgan Chase & Co. from $139.00 to $140.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the entertainment giant’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 44.81% from the company’s previous close.

DIS has been the topic of several other reports. Guggenheim upped their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Wolfe Research set a $131.00 target price on shares of Walt Disney in a research note on Tuesday. Wells Fargo & Company reduced their target price on shares of Walt Disney from $148.00 to $146.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Rosenblatt Securities upped their price target on shares of Walt Disney from $121.00 to $126.00 and gave the company a “buy” rating in a research note on Friday, June 5th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $133.60.

View Our Latest Analysis on Walt Disney

Walt Disney Stock Down 2.0%

Shares of NYSE DIS traded down $1.95 during trading hours on Tuesday, hitting $96.68. The company had a trading volume of 2,961,019 shares, compared to its average volume of 10,525,727. Walt Disney has a 1-year low of $92.18 and a 1-year high of $124.61. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.33. The firm’s 50 day moving average is $102.69 and its 200-day moving average is $104.95. The stock has a market capitalization of $167.88 billion, a P/E ratio of 15.45, a price-to-earnings-growth ratio of 1.24 and a beta of 1.39.

Walt Disney (NYSE:DISGet Free Report) last posted 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. Walt Disney had a return on equity of 8.92% and a net margin of 11.54%.The business had revenue of $25.17 billion during the quarter, compared to analysts’ expectations of $24.87 billion. During the same quarter last year, the company posted $1.45 earnings per share. Walt Disney’s quarterly revenue was up 6.5% on a year-over-year basis. Walt Disney has set its FY 2026 guidance at 6.640-6.640 EPS. On average, analysts expect that Walt Disney will post 6.85 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Walt Disney

Several hedge funds and other institutional investors have recently made changes to their positions in DIS. J. Stern & Co. LLP increased its stake in Walt Disney by 9,060.1% in the fourth quarter. J. Stern & Co. LLP now owns 38,135,363 shares of the entertainment giant’s stock valued at $4,338,660,000 after acquiring an additional 37,719,041 shares during the last quarter. Norges Bank bought a new stake in Walt Disney during the fourth quarter worth $2,388,278,000. Viking Global Investors LP acquired a new stake in shares of Walt Disney in the 2nd quarter valued at $725,219,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Walt Disney by 62.5% in 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 in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Walt Disney by 37.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 12,569,185 shares of the entertainment giant’s stock valued at $1,429,996,000 after purchasing an additional 3,450,198 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney News Summary

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

About Walt Disney

(Get Free Report)

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.

See Also

Analyst Recommendations for Walt Disney (NYSE:DIS)

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.