Needham & Company Upgrades Walt Disney (DIS) to Buy, 'The Magic's Back'

Walt Disney (DIS) PT Raised to $104 at Macquarie

Macquarie analyst Tim Nollen raised the price target on Walt Disney (NYSE: DIS) to $104.00 (from $94.00) while maintaining a Neutral rating.

The analyst comments "F1Q results were just about in line on revenue at $23.5bn and ahead on segment OI at $3.9bn... More

Walt Disney (DIS) PT Raised to $112 at Raymond James

Raymond James analyst Ric Prentiss raised the price target on Walt Disney (NYSE: DIS) to $112.00 (from $101.00) while maintaining a Outperform rating.... More

Disney's investment in Epic Games signals the company has to 'be there'

By Dawn Chmielewski

(Reuters) -In 2017, Epic Games was among a handful of companies selected to participate in Walt Disney's Accelerator incubator program, where the game company's founder held ambitions of incorporating the entertainment giant's well-known characters into his digital playground.

Now, Disney is making a much bigger bet that will make this possible.

Disney CEO Bob Iger on Wednesday announced a $1.5 billion investment aimed at letting consumers interact with stories and characters from Disney, Marvel, Pixar and Star Wars, on Epic's Fortnite, where 100 million players gather each month. It was an acknowledgement of the amount of... More

Walt Disney (DIS) PT Raised to $128 at Wells Fargo, 'EPIC Quarter'

Wells Fargo analyst Steven Cahall raised the price target on Walt Disney (NYSE: DIS) to $128.00 (from $115.00) while maintaining a Overweight rating.

The analyst comments "EPIC results. DIS's F1Q24 segment OI beat Street by 12% and Adj. EPS was ahead by... More

Walt Disney (DIS) PT Raised to $130 at BofA Securities

BofA Securities analyst Jessica Ehrlich raised the price target on Walt Disney (NYSE: DIS) to $130.00 (from $110.00) while maintaining a Buy rating.... More

Disney's "new era," AI lifts Arm, Alibaba's income miss - what's moving markets

Investing.com -- Walt Disney 's chief executive says the entertainment titan has entered a "new era" after it reported higher-than-expected quarterly earnings. Surging demand for artificial intelligence leads Arm to lift its annual guidance, sending shares in both the chip designer and its major stakeholder SoftBank higher. E-commerce giant Alibaba 's fourth-quarter income misses estimates, as fresh data suggests that China's economic woes have yet to abate.

Walt Disney (DIS) PT Raised to $115 at Bernstein

Bernstein analyst Laurent Yoon raised the price target on Walt Disney (NYSE: DIS) to $115.00 (from $103.00) while maintaining a Outperform rating.... More

Walt Disney (DIS) option IV into better than expected quarter results and guidance

Walt Disney (NYSE: DIS) 30-day option implied volatility is at 34; compared to its 52-week range of 20 to 38 into better than expected quarter results and guidance.

Popular stocks with increasing volume: BABA F UBER NYCB PYPL RBLX TSM DIS

Popular stocks with increasing volume: BABA F UBER NYCB PYPL RBLX TSM DIS

Walt Disney (DIS) PT Raised to $95 at Barclays

Barclays analyst Kannan Venkateshwar raised the price target on Walt Disney (NYSE: DIS) to $95.00 (from $88.00) while maintaining a Equalweight rating.... More

Walt Disney (DIS) PT Lowered to $120 at Goldman Sachs

Goldman Sachs analyst Brett Feldman lowered the price target on Walt Disney (NYSE: DIS) to $120.00 (from $125.00) while maintaining a Buy rating.... More

After-hours movers: Arm and Disney gain, PayPal falls

After-Hours Stock Movers:

Walt Disney (NYSE: DIS) climbed after reporting strong quarterly results and issuing full year guidance. Disney also raised its dividend and announced a stake in Epic Games.

PayPal (NASDAQ: PYPL) declined despite... More

Walt Disney lifts guidance after fiscal Q1 earnings beats estimates

Investing.com -- Walt Disney on Wednesday lifted its annual outlook after fiscal first-quarter results topped Wall estimates as cost cuts in its streaming giant bolstered performance.

Walt Disney Company (NYSE:... More

Walt Disney lifts guidance after fiscal Q1 earnings beats estimates

Investing.com -- Walt Disney on Wednesday lifted its annual outlook after fiscal first-quarter results topped Wall estimates as cost cuts in its streaming giant bolstered performance.

Walt Disney Company (NYSE:... More

Disney to take $1.5 billion stake in Epic Games

(Reuters) - Walt Disney CEO Bob Iger announced Disney would acquire a $1.5 billion minority equity stake in Fortnite's publisher Epic Games in an interview with CNBC.

(Reporting by Dawn Chmielewski)

Disney (DIS) to Invest $1.5B in Epic Games

Disney (DIS) to Invest $1.5B in Epic Games

Walt Disney (DIS) Hikes Dividend 50% YoY to $0.45

Walt Disney (NYSE: DIS) declared a quarterly dividend of $0.45 per share, or $1.8 annualized.

The dividend will be payable on July 25, 2024, to stockholders of record on July 8, 2024, with an ex-dividend date of July 5, 2024.

The annual yield on the dividend is 1.8... More

Walt Disney (DIS) Tops Q1 EPS by 22c, Offers Guidance

Walt Disney (NYSE: DIS) reported Q1 EPS of $1.22, $0.22 better than the analyst estimate of $1.00. Revenue for the quarter came in at $23.5 billion versus the consensus estimate of $23.75 billion.

GUIDANCE:

Walt Disney sees FY2024 EPS of $4.60, versus the consensus of... More

Disney answers activists with gaming investment, ESPN streaming plans

By Dawn Chmielewski and Lisa Richwine

LOS ANGELES (Reuters) -Walt Disney CEO Bob Iger hit back at activist investors on Wednesday with a slew of announcements, including a splashy investment in "Fortnite" maker Epic Games and plans to launch an ESPN streaming service in 2025.

Iger revealed the plans after Disney's board of directors authorized a $3 billion share repurchase program for the current fiscal year, and declared a dividend of 45 cents a share, a 50% increase from the dividend paid in January. Earnings-per-share topped Wall Street forecasts.

Together, the moves helped boost Disney shares nearly 7% in after-hours trading.

The new ESPN joint venture will add value for Walt Disney (DIS) shareholders - Needham & Company

The new ESPN joint venture (JV) adds value for Walt Disney (NYSE: DIS) shareholders, according to Needham & Company analyst Laura Martin on Wednesday.

DIS's ESPN, Warner Bros. Discovery (NASDAQ: WBD) and Fox Corporation (NASDAQ:... More

Sports streaming platform including Disney, Fox to cost above $40/month - CNBC

(Reuters) - The joint sports streaming platform of Fox Corp, Walt Disney's ESPN and Warner Bros Discovery is expected to be priced at above $40 per month, CNBC reported on Wednesday, citing sources.

The media companies had said on Tuesday that they would launch a sports streaming service later... More

Walt Disney (DIS) call put ratio 1.4 calls to 1 put into quarter results

Walt Disney (NYSE: DIS) February weekly call option implied volatility is at 93, February is at 52; compared to its 52-week range of 20 to 39 into the expected release of quarter results after the bell on February 7. Call put ratio 1.4 calls to 1 put.

Needham & Company: New ESPN JV Adds Value to DIS Shareholders

Needham & Company analyst Laura Martin on Walt Disney (NYSE: DIS).

The analyst commented: "DIS's ESPN, WBD and FOX will create a new skinny bundle streaming service with their linear sports channels plus some DTC sports content in what will become the largest US sports-centric... More

Stocks expected to have increasing option volume: DIS WYNN HLT BG AMGN WBD CMCSA PARA

Stocks expected to have increasing option volume: DIS WYNN HLT BG AMGN WBD CMCSA PARA

ESPN, Fox, Warner Bros to launch sports streaming platform; Citi 'incrementally' bullish

Disney's (NYSE: DIS) ESPN, Fox (NASDAQ: FOX), and Warner Bros. Discovery (NASDAQ: WBD) announced on Tuesday their plans to roll out a joint sports streaming service in the fall, introducing a novel option for consumers to access premier live sports.

This service will be managed by a newly established company with a distinct leadership team. Disney,... More

Ford, Snap report; ESPN, Fox, Warner's sports streaming JV - what's moving markets

Investing.com -- Ford shares climb after the carmaker outlines plans to deliver a supplemental dividend to shareholders, while Snap's stock tumbles on weaker-than-anticipated fourth-quarter revenue at the social media firm. ESPN, Fox, and Warner Bros. Discovery (NASDAQ: WBD) unveil a sweeping joint venture to create a new sports streaming platform. New York Community Bancorp (NYSE: NYCB)'s overall credit rating is cut to "junk" status by Moody's (NYSE:... More

Walt Disney (DIS) February weekly 92 straddle into quarter results

Walt Disney (NYSE: DIS) February weekly 92 straddle priced for a move of 5.5% into the expected release of quarter results today after the bell.

ESPN (DIS), FOX (FOXA) and Warner Bros Discovery (WBD) Enter JV to Launch Streaming Sports Service in the US

ESPN, a subsidiary of The Walt Disney Company (NYSE: DIS), FOX (Nasdaq: FOXA, FOX) and Warner Bros. Discovery (Nasdaq: WBD) have reached an understanding on principal terms to form a new Joint Venture (JV) to build an innovative new platform to house a compelling streaming sports service. The platform brings together the companies portfolios of sports networks, certain direct-to-consumer (DTC) sports services and sports rights including content from all the major professional sports leagues and college sports. The formation of the pay service is subject to the negotiation of... More

ESPN, Fox, Warner Bros. Join Forces For Sports Streaming Site - WSJ

ESPN, Fox, Warner Bros. Join Forces For Sports Streaming Site - WSJ

Walt Disney (DIS) call put ratio 2.5 calls to 1 put into quarter results and outlook

Walt Disney (NYSE: DIS) February weekly call option implied volatility is at 78, February is at 50; compared to its 52-week range of 20 to 39 into the expected release of quarter results after the bell on February 7. Call put ratio 2.5 calls to 1 put.

Walt Disney (DIS) PT Raised to $116 at Deutsche Bank

Deutsche Bank analyst Bryan Kraft raised the price target on Walt Disney (NYSE: DIS) to $116.00 (from $115.00) while maintaining a Buy rating.... More

Walt Disney (DIS) February weekly 97 straddle into quarter results

Walt Disney (NYSE: DIS) February weekly 97 straddle priced for a move of 6% into the expected release of quarter results after the bell on February 7.