At a 4-star rating, Disney stock is undervalued compared with our fair value estimate. Our updated $145 fair value estimate reflects slower subscriber growth and lower losses from streaming. We expect average annual top-line growth of 6% through fiscal 2027.
DIS stock happens to be one of the best stocks of the past 30 years, generating an annualized dollar weighted return of 10.6% between 1990 and 2020, according to Hendrik Bessembinder, a finance professor at the W.P. Carey School of Business at Arizona State University.
Disney's low stock price, along with recovering theme park revenues, a stronghold in streaming, and a respected CEO at the helm add up to a good 2023 buying opportunity. The consensus price target for Disney is $124.05.
Stock Price Forecast
The 23 analysts offering 12-month price forecasts for Walt Disney Co have a median target of 122.00, with a high estimate of 147.00 and a low estimate of 94.00. The median estimate represents a +33.60% increase from the last price of 91.32.
Walt Disney has a conensus rating of Strong Buy which is based on 14 buy ratings, 4 hold ratings and 0 sell ratings. The average price target for Walt Disney is $127.60. This is based on 18 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
According to 18 stock analysts, the average 12-month stock price forecast for DIS stock stock is $125.44, which predicts an increase of 37.36%. The lowest target is 103 and the highest is 150. On average, analysts rate DIS stock stock as a strong buy.
What will walt Disney Stock be worth in the next 10 (Ten) years? According to the data we have at hand, Disney Stock can be between $340 and $370 in the next ten years. Of course, the stock can be worth much more than that if the market becomes more favourable.
Walt Disney (DIS) stock fell hard after the company's streaming services units missed subscriber growth estimates in its late Wednesday earnings report. Meanwhile, CEO Bob Iger did not shy away from comments regarding the company's battle against Florida regulators, underscoring Disney's lawsuit against Florida Gov.
Interactive chart of historical net worth (market cap) for Disney (DIS) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Disney net worth as of June 16, 2023 is $166.87B.
For the rest of 2023, investors should consider some safe stock winners like Walmart (NYSE:WMT), Home Depot (NYSE:HD) and O'Reilly Automotive (NASDAQ:ORLY). Today, these stocks still have substantial competitive advantages and unique business characteristics likely to support outperformance in this cycle.
In terms of market capitalization, Apple is worth more than Disney.
Disney stock price stood at $91.32
According to the latest long-term forecast, Disney price will hit $95 by the end of 2023 and then $125 by the end of 2024. Disney will rise to $150 within the year of 2025, $200 in 2026, $250 in 2028 and $300 in 2032.
Walt Disney Company, The Dividend related ratios:
Current Dividend Yield: 1.93% Annual dollar dividend payment: $1.76.
UPDATED: Shares of Disney slipped as much as 9% in trading Thursday after the media conglomerate reported earnings for the first three months of 2023.
Netflix's stock isn't cheap, but its strengths easily outweigh the bearish concerns about its valuation. It won't surge back to its all-time highs anytime soon, but it's still a best-in-breed play on the long-term growth of the streaming media market.
If you're looking at film and television, its rivals include Universal (which is owned by Comcast), Sony, Time Warner, and ViacomCBS. Netflix and Amazon are Disney's main competitors in the streaming service space. In the theme park space, Six Flags, Cedar Fair, and Universal work to take away market share from Disney.
Disney+ shed another 4 million subscribers in the first three months of 2023, marking the streamer's second consecutive quarterly drop after closing 2022 with its first-ever decline. On the bright side, the Mouse House also managed to narrow its streaming business losses by $400 million, down 26% year over year.
Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. We note that hedge funds don't have a meaningful investment in Walt Disney. Looking at our data, we can see that the largest shareholder is The Vanguard Group, Inc.
Future price of the stock is predicted at 209.4859580882$ (129.398% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth 229.398$ on 2024 June 18, Tuesday.