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

Walt Disney (NYSE:DIS) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 6.642-6.642 for the period, compared to the consensus estimate of 6.830. The company issued revenue guidance of -.

Walt Disney Stock Up 0.2%

NYSE DIS traded up $0.20 on Friday, hitting $104.88. The stock had a trading volume of 5,044,281 shares, compared to its average volume of 10,743,235. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.71 and a quick ratio of 0.62. The stock has a market cap of $182.12 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 1.32 and a beta of 1.39. The business’s fifty day moving average price is $98.87 and its 200 day moving average price is $101.89. Walt Disney has a 52-week low of $92.18 and a 52-week high of $119.78.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 5th. The entertainment giant reported $2.06 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.20. The company had revenue of $25.25 billion during the quarter, compared to analysts’ expectations of $25.39 billion. Walt Disney had a net margin of 8.70% and a return on equity of 9.90%. Walt Disney’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the business earned $1.61 EPS. Walt Disney has set its FY 2026 guidance at 6.642-6.642 EPS. Equities research analysts anticipate that Walt Disney will post 6.91 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on DIS. Guggenheim reissued a “buy” rating and issued a $120.00 price objective on shares of Walt Disney in a report on Thursday. Phillip Securities raised shares of Walt Disney from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, May 11th. Argus reaffirmed a “buy” rating and set a $134.00 price objective on shares of Walt Disney in a report on Thursday. Raymond James Financial reduced their price target on shares of Walt Disney from $119.00 to $111.00 and set an “outperform” rating for the company in a research report on Thursday, July 2nd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus price target of $128.61.

Key Stories Impacting Walt Disney

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

• Positive Sentiment: Earnings beat and stronger outlook: Disney reported adjusted earnings of $2.06 per share, above the $1.86 consensus estimate, while revenue rose 6.8% year over year to $25.25 billion. Parks, streaming and the success of Toy Story 5 helped drive operating income growth. Management reaffirmed fiscal 2026 guidance, reiterated its double-digit earnings-growth target and increased planned share repurchases to at least $9 billion. Disney Q3 Earnings Call Highlights Parks and Streaming Growth
• Positive Sentiment: Analysts raise targets: Wells Fargo lifted its price target to $132, while Argus maintained a Buy rating with a $134 target. Barclays, Benchmark, Guggenheim, Rosenblatt and Needham also reiterated positive ratings or targets, suggesting analysts see meaningful upside despite DIS underperforming the broader market over the past year. Walt Disney Price Target Raised to $132 at Wells Fargo
• Positive Sentiment: Streaming momentum improves: Warner Bros. Discovery executives said the discounted Disney Bundle combining Max, Disney+ and Hulu is reducing churn and improving subscriber growth. Disney also plans to expand Disney+ into a broader fan ecosystem with games, merchandise and interactive features. Warner Bros. Discovery Says Disney Bundle Is Delivering
• Positive Sentiment: ESPN and digital reach add catalysts: ESPN’s first Super Bowl broadcast in 2027 is already attracting strong advertising demand. Separately, a TikTok content-sharing deal could increase engagement with Disney franchises and feed short-form video onto Disney+. Disney’s Big Bet on the NFL

Institutional Trading of Walt Disney

Several hedge funds have recently made changes to their positions in DIS. Schnieders Capital Management LLC. lifted its stake in Walt Disney by 16.2% in the second quarter. Schnieders Capital Management LLC. now owns 17,955 shares of the entertainment giant’s stock valued at $2,227,000 after buying an additional 2,503 shares during the last quarter. Sivia Capital Partners LLC grew its position in shares of Walt Disney by 31.9% during the second quarter. Sivia Capital Partners LLC now owns 5,470 shares of the entertainment giant’s stock worth $678,000 after acquiring an additional 1,322 shares during the last quarter. Brighton Jones LLC grew its position in shares of Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after acquiring an additional 1,904 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of Walt Disney in the 4th quarter valued at $81,000. Finally, Transamerica Financial Advisors LLC increased its holdings in shares of Walt Disney by 67.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 510 shares of the entertainment giant’s stock valued at $58,000 after acquiring an additional 206 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

About Walt Disney

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.