Disney Shares Are Headed Upwards (Technical Analysis)

Zvi Bar profile picture
Zvi Bar
5.22K Followers
(9min)

Summary

  • Disney shares have rebounded from summer lows, trading in the mid-90s, with the potential to surpass $100 due to strong Disney+ performance and blockbuster film releases.
  • Successful releases like Deadpool & Wolverine and Inside Out 2 have bolstered DIS's revenue, supporting future streaming and holiday sales.
  • Expansion plans for Parks & Experiences, including new attractions and cruise ships, aim to drive growth despite recent margin weaknesses in this division.
  • Risks include potential underperformance of upcoming films and continued consumer spending weakness, which could negatively impact Disney's valuation and revenue.

The name sign and facade of the Disney store in Oxford Street.

Yau Ming Low

Disney (NYSE:DIS) performed poorly through the heart of the summer, including in response to the earnings report it delivered in early August. Since the start of September, DIS shares turned themselves around, and are exiting the month on what appears

This article was written by

Zvi Bar profile picture
5.22K Followers
Zvi provides advisory services to companies, trusts, and individuals, including consulting expert services regarding retirement and estate planning. Zvi is admitted to practice law in the state of New York, where he offers cash management, Bitcoin, and Trust Protector services. Zvi is also The Claw of The Lava Empire and is an Amazon Influencer. No articles or discussions here shall constitute a legal, fiduciary or advisory role, but solely act as informative press and/or a starting point from which, ideally, further constructive discussion may follow. Comments are welcome, as are questions.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of DIS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About DIS Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on DIS

Related Stocks

SymbolLast Price% Chg
DIS
--