Wolfe Research has upgraded The Walt Disney Company (DIS, Financial) from Peer Perform to Outperform, setting a target price of $112. Despite potential economic downturns, the firm views Disney's financial "castle" as stable and resilient. Key strengths highlighted include its parks, cruise lines, and streaming services, which collectively pave the way for potential earnings of $7 per share.
Disney's current trading price of $85 per share represents a 23% discount when compared to the S&P 500, indicating a significant valuation gap. Wolfe Research estimates that even in a worst-case scenario, the stock may only see a 17% downside. This optimistic assessment underscores Disney's enduring appeal and robust business model amid market challenges.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for The Walt Disney Co (DIS, Financial) is $124.36 with a high estimate of $147.00 and a low estimate of $79.00. The average target implies an upside of 46.63% from the current price of $84.81. More detailed estimate data can be found on the The Walt Disney Co (DIS) Forecast page.
Based on the consensus recommendation from 32 brokerage firms, The Walt Disney Co's (DIS, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for The Walt Disney Co (DIS, Financial) in one year is $115.46, suggesting a upside of 36.14% from the current price of $84.81. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the The Walt Disney Co (DIS) Summary page.
