Walt Disney Co. (DIS) stock has fallen 3.0% over the past week, 7.7% over the past month, and 4.1% over the past year, reflecting recent market pressure despite its strong brand and global footprint. Wall Street’s analysts are firmly bullish, with a StrongBuy consensus and forecasting a move toward an average 12‑month price target of $133.94 from the last close of $96.39.
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Among the key voices, Mike Ng of Goldman Sachs reiterated his Buy rating on DIS on March 24, 2026, and set a price target of $151, implying meaningful upside from current levels. His call comes as he expects Disney to show continued earnings momentum, even if near‑term results land roughly in line with market expectations.
Ng forecasts fiscal Q2 2026 EPS of $1.49 versus the Visible Alpha consensus of $1.52, with non‑GAAP EBIT of $4.48 billion, slightly above the $4.45 billion consensus. He also projects revenue of $24.33 billion, modestly below the $24.90 billion the market is looking for, suggesting performance that is broadly steady rather than spectacular in the quarter.
A big driver of his optimism is the streaming business, where he expects continued operating leverage in SVOD helped by Zootopia 2 on Disney+ and recent price increases, alongside stable growth in the Parks segment. He sees fiscal 2026 guidance being reiterated, with double‑digit EPS growth and solid EBIT expansion in Entertainment, Experiences, and Sports, even as headwinds from cancelled content, potential theme park demand softening, and rising sports rights costs linger.
This will also be the first quarter after Josh D’Amaro takes over as CEO and Adam Smith becomes co‑president of DTC, highlighting Disney’s push into technology and product innovation for Disney+. Ng, who ranks 1059 out of 12,068 analysts on TipRanks with a 54.70% success rate and 10.60% average return per rating, expects EPS to grow at an 11% CAGR from 2025 to 2028 and views DIS shares as attractive for long‑term investors. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.