The Walt Disney Company ($DIS) Stock Forecast: Down 5.2% Today

What is The Walt Disney Company?

A renowned entertainment company, Disney (DIS), renowned for its theme parks, streaming services, and media content, experienced a bearish movement in its stock today amid mixed news across its business segments.

Why is The Walt Disney Company going down?

DIS stock is down 5.2% on Aug 7, 2024 19:27

• Disney's stock decreased over 2% today, marking a 17% decline in the last three months, with concerns regarding the performance of its theme parks impacting investor sentiment.
• While Disney's streaming services, especially Disney+, demonstrated strength by achieving profitability and attracting more subscribers, underwhelming results from its theme parks created uncertainty about the industry's recovery.
• The stock market's response appeared influenced by the diverging performances of Disney's streaming and theme park divisions, leading to investor uncertainty about the company's future stock movement.
• Despite surpassing earnings and revenue expectations for Q3 2024, Disney's overall performance was overshadowed by challenges within its theme park business, contributing to the downward trend in its stock price.

DIS Price Chart

DIS News

Disney (DIS): Strength in streaming and sports offset softness in experiences in Q3 2024

Shares of The Walt Disney Company (NYSE: DIS) dropped over 2% on Wednesday. The stock has dropped 17% over the past three months. The entertainment behemoth delivered third-quarter 2024 revenue […] The post Disney (DIS): Strength in streaming and sports offset softness in experiences in Q3 2024 first appeared on AlphaStreet .

https://news.alphastreet.com/disney-dis-strength-in-streaming-and-sports-offset-softness-in-experiences-in-q3-2024/

Disney (NYSE:DIS) Park Concerns Prove Drag on Share Prices

Have you considered a trip to a Disney ($DIS) park this summer? If you have, you are likely not alone. However, you also likely are not alone in di…

https://www.tipranks.com/news/disney-nysedis-park-concerns-prove-drag-on-share-prices

Disney Stock News: 7 Big Reasons Why DIS Stock Is Trending Today

Disney (NYSE: DIS ) stock is one of today’s top trending names for mixed reasons. The family entertainment conglomerate has been volatile since markets opened as both positive and negative headlines trend. For one, Disney+, the streaming arm of the company, managed to turn a profit for the first time since launching in 2019. But Disney has also reported weaker-than-expected results for its theme parks, which suggests that the industry may be in trouble. This type of day tends to leave investors with questions about where DIS stock will go from here. As InvestorPlace contributor Yiannis Zourmpanos reports : “In Disney’s streaming business, especially entertainment, achieving profitability is crucial. The addition of 6.3 million Disney+ subscribers shows strong demand. The increase in average revenue per user by $0.44 shows effective monetization. Strategies like price hikes and premium tiers drive this growth. Moreover, the streaming business is at the core of Disney’s future profitability, with content production central to its growth.” While Disney+ is helping drive growth, Disney’s recent earnings report raises some red flags regarding the company’s future as DIS stock continues to struggle.

https://investorplace.com/2024/08/disney-stock-news-7-big-reasons-why-dis-stock-is-trending-today/

DIS Stock Earnings: Walt Disney Beats EPS, Beats Revenue for Q3 2024

Walt Disney (NYSE: DIS ) just reported results for the third quarter of 2024. Walt Disney reported earnings per share of $1.39. This was above the analyst estimate for EPS of $1.19. The company reported revenue of $23.16 billion. This was 0.46% better than the analyst estimate for revenue of $23.05 billion. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com. More From InvestorPlace Legendary Investor Predicts: “Forget AI… THIS Technology Is the Future” The post DIS Stock Earnings: Walt Disney Beats EPS, Beats Revenue for Q3 2024 appeared first on InvestorPlace .

https://investorplace.com/earning-results/2024/08/dis-stock-earnings-walt-disney-for-q3-of-2024/

DIS Earnings: Disney Reports Better-than-Expected Q3 Results

The Walt Disney Company ($DIS) reported better-than-expected Fiscal third-quarter results. The media conglomerate reported adjusted Q3 earnings of …

https://www.tipranks.com/news/dis-earnings-disney-reports-better-than-expected-q3-results

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The Walt Disney Company Price History

09.01.2024 - DIS Stock was up 11.5%

• Walt Disney shares gapped up after announcing better than expected quarterly earnings.
• Elon Musk's accusation of "institutional racism and sexism" at Disney did not have a significant impact on the stock movement.
• Pixelworks, a company that reported positive financial results and announced a multi-year agreement with Walt Disney Studios, may have indirectly contributed to the bullish movement of Disney stock.
• The remarkable earnings report from Disney also played a role in the stock's skyrocketing movement.

09.01.2024 - DIS Stock was up 11.5%

• The bullish movement in DIS stock today can be attributed to the following factors:
• 1. Strong quarterly earnings: Walt Disney announced better than expected quarterly earnings, which led to a gap up in the stock price. This positive financial performance likely boosted investor confidence and contributed to the bullish movement.
• 2. Market sentiment: The overall market sentiment, as indicated by the CNN Money Fear and Greed index, showed improvement and remained in the "Extreme Greed" zone. This positive sentiment in the market could have influenced the bullish movement in DIS stock.
• 3. Partnerships and product launches: Pixelworks, a company that reported positive financial results, announced a multi-year agreement with Walt Disney Studios. Such partnerships and new product launches can generate excitement and optimism about the future prospects of the company, potentially driving the stock price higher.
• In conclusion, Walt Disney's strong quarterly earnings, positive market sentiment, and partnerships with other companies likely contributed to the bullish movement in DIS stock today.

07.04.2024 - DIS Stock was down 9.4%

• Factors leading to Disney's stock decline:
• The company's revenue missed forecasts despite exceeding earnings expectations, and its streaming video business outlook appears to be weakening.
• Negative market sentiment towards Disney has intensified, potentially due to concerns about competition from other firms like those associated with Elon Musk.
• Broader market trends might have also influenced the downward movement, with investors possibly bracing for a market correction as indicated in discussions about surviving a Nasdaq 100 crash.
• The blend of disappointing financial results, apprehensions about future growth, and general market uncertainties likely fueled Disney's bearish performance.

07.04.2024 - DIS Stock was down 7.2%

• The bearish movement in Disney's stock today can be attributed to several factors:
• Despite Disney's Q1 earnings results meeting revenue expectations, the market may have been disappointed by other aspects of the financial performance.
• The overall strength of the USD and weakness of the JPY could have influenced market sentiment, impacting Disney's stock negatively.
• The mixed performance of index futures and negative reactions to earnings from other companies like Palantir Technologies might have added to the bearish pressure on Disney's stock.
• Investors may also be cautious due to uncertainties in the global economic environment and the upcoming hawkish Fed speech, leading to a sell-off in Disney shares despite the company's positive earnings report.

07.04.2024 - DIS Stock was down 9.7%

• Disney's stock experienced a bearish movement despite the company's Direct-to-Consumer segment reaching profitability in the second quarter.
• The stock plummeted as Disney failed to meet subscriber targets for Disney+ and fell short on profit outlook, even though Disney+ became profitable for the first time.
• Mixed second-quarter earnings results, with earnings per share beating estimates but revenue slightly missing expectations, contributed to the downward trend in Disney's stock.
• The market reaction to Disney's earnings report was not in line with the broader market trend, as major indices traded higher on the day.

07.04.2024 - DIS Stock was down 9.0%

• Disney (DIS) shares traded lower following the second-quarter earnings report, despite reporting better-than-expected earnings.
• Revenue growth of 1% year-on-year fell slightly short of expectations, leading to a decline in the stock price.
• Moderating growth in the Parks segment post-COVID peak levels and declines in certain Entertainment segments contributed to the bearish movement.
• The overall positive market sentiment, with the Dow Jones and S&P 500 rising, suggests that Disney's specific performance factors played a significant role in today's bearish movement.

09.01.2024 - DIS Stock was up 11.5%

• The bullish movement in DIS stock today can be attributed to the following factors:
• Impressive earnings report: Disney's remarkable earnings report, showcasing surging profits, has likely boosted investor confidence and contributed to the stock's upward movement.
• Positive revenue growth: Despite a decrease in full-year total revenue, the company reported a 25% sequential increase in total revenue for the fourth quarter of 2023, along with a 19% year-over-year increase. This growth, especially in mobile revenue, has likely impressed investors.
• Multi-year agreement and new product launches: Pixelworks, a company that announced a multi-year agreement with Walt Disney Studios, reported positive financial results and new product launches with OPPO affiliate, OnePlus, and HONOR. This partnership and product expansion could have positively impacted investor sentiment towards Disney.
• Elon Musk controversy: While unrelated to Disney's financial performance, Elon Musk's recent accusations of "institutional racism and sexism" within the company may have generated some media attention. However, it is unlikely to have had a significant impact on the bullish movement of DIS stock.

07.04.2024 - DIS Stock was down 9.8%

• Disney (DIS) stock experienced a bearish movement likely due to:
• Missing subscriber targets for Disney+ despite the platform turning a profit, indicating potential concerns about future growth.
• The tepid performance of the Experiences segment in Q1 earnings results, which may have disappointed investors.
• Market sentiment influenced by broader concerns about a potential Nasdaq 100 crash, leading to a sell-off in tech and media stocks like Disney.
• Despite exceeding expectations in the Direct-to-Consumer segment's profits and operating income, the overall market reaction was negative, possibly due to the missed subscriber targets overshadowing the positive financial performance.

09.01.2024 - DIS Stock was up 11.5%

• Today, Disney (DIS) experienced a strong bullish movement in the market. This could be attributed to several factors:
• Impressive earnings report: Disney's remarkable earnings report, with surging profits and stronger-than-expected earnings, likely contributed to the bullish movement. The solid revival in the theme park and resort businesses also played a role in boosting investor confidence.
• Multi-year agreement with Walt Disney Studios and Universal Pictures: The announcement of a multi-year agreement with these major studios indicates potential growth and collaboration opportunities for Disney, which could have positively impacted the stock.
• Record quarterly mobile revenue: Pixelworks, a company that reported a 25% sequential increase in total revenue, announced a multi-year agreement with Disney. This partnership, along with the record quarterly mobile revenue growth, could have generated optimism among investors.
• Positive market sentiment: Overall positive market sentiment and investor optimism about the entertainment and media industry could have contributed to the bullish movement of Disney's stock.
• In conclusion, Disney's strong bullish movement today can be attributed to its impressive earnings report, multi-year agreements with major studios, record quarterly mobile revenue, and positive market sentiment.

28.05.2024 - DIS Stock was down 1.7%

• Walt Disney stock closed lower than the previous day, while broader market indices such as the S&P 500 and Nasdaq showed gains, signaling specific challenges for the company.
• Anticipation surrounding the upcoming earnings report, with expected growth in EPS and revenue, likely impacted investor sentiment, prompting profit-taking or hesitation among investors.
• Recent developments regarding a new policy for rides and a Hollywood labor agreement incorporating AI protections in the entertainment sector may have sparked concerns about operational changes or increased costs for Disney, affecting investor trust.
• Despite receiving positive feedback from Goldman Sachs, Walt Disney's stock did not respond favorably, indicating that external factors or market conditions outweighed the positive evaluation and contributed to the bearish movement.

16.06.2024 - DIS Stock was up 1.6%

• Disney's stock saw a rise despite facing a significant data breach.
• The leaked internal communications, potentially containing sensitive information from Slack channels, initially caused some investor worries.
• However, the market's positive response suggests that investors may be more focused on Disney's future growth prospects and strategies rather than immediate setbacks.
• This upward trend could be driven by forthcoming fan events and park developments, reflecting ongoing enthusiasm and interest in Disney's offerings.

07.07.2024 - DIS Stock was down 5.2%

• Disney's stock decreased over 2% today, marking a 17% decline in the last three months, with concerns regarding the performance of its theme parks impacting investor sentiment.
• While Disney's streaming services, especially Disney+, demonstrated strength by achieving profitability and attracting more subscribers, underwhelming results from its theme parks created uncertainty about the industry's recovery.
• The stock market's response appeared influenced by the diverging performances of Disney's streaming and theme park divisions, leading to investor uncertainty about the company's future stock movement.
• Despite surpassing earnings and revenue expectations for Q3 2024, Disney's overall performance was overshadowed by challenges within its theme park business, contributing to the downward trend in its stock price.