Price Prediction: We’re Bullish on Disney as Streaming Surges

Our 24/7 Wall St. terms people for Disney (NYSE:DIS) is $122.51 implicit the adjacent 12 months, implying 13.37% upside from the existent terms of $108.06. We complaint Disney a bargain with precocious assurance (90%) pursuing a beardown fiscal Q2 net report, an inflection successful streaming margins, and management's raised buyback. The setup is constructive: shares commercialized 4% beneath the 52-week high, sentiment is firming, and FY26 EPS guidance points to double-digit growth.

A Quarter That Reframed the Story

Disney has rallied 6.67% successful the past week and 12.24% successful the past month, though shares stay down 5.02% twelvemonth to date.

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The catalyst was fiscal Q2 2026: adjusted EPS of $1.57 topped statement by 4.98%, and gross of $25.16 cardinal roseate 6.55% twelvemonth implicit year. Operating income jumped 31.29% to $4.60 billion. Entertainment SVOD posted its archetypal double-digit operating borderline (10.6%), with operating income up 88% to $582 million. Experiences delivered grounds fiscal Q2 gross of $9.48 cardinal with home per-capita spending up 5%.

The Case for $134 and Higher

Bulls absorption connected 3 levers. First, streaming: SVOD borderline expanded from 8.4% successful Q1 2026 to 10.6% successful Q2 2026, with 196 cardinal Disney+/Hulu subscribers providing scale.

Second, Experiences keeps compounding, with planetary parks up 11% and capital-light expansions successful Abu Dhabi and Japan extending the runway.

Third, superior return: absorption raised the FY26 buyback to astatine slightest $8 billion. Wall Street's statement people of $128.25 reflects 7 Strong Buy and 20 Buy ratings. Our bull-case script points to $134.46 wrong 12 months, a 24.43% full return.

Barclays expert Kannan Venkateshwar raised the firm's terms people connected Disney to $135 from $130 and keeps an Overweight standing connected the shares pursuing the net report. Further, Guggenheim expert Michael Morris raised the firm's terms people connected Disney to $120 from $115 and keeps a Buy standing connected the shares and JPMorgan raised the firm's terms people connected Disney to $139 from $138 and keeps an Overweight standing connected the shares.