Goldman Sachs analyst Mike Ng has reiterated their bullish stance on DIS stock, giving a Buy rating today.
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Mike Ng has given his Buy rating due to a combination of factors tied to earnings momentum and strategic execution at Disney. He anticipates solid fiscal 2Q26 performance, with improving streaming margins driven by content like Zootopia 2 on Disney+ and recent price increases, alongside stable results in the Parks segment, even after accounting for modest growth and known headwinds.
He expects management to reaffirm strong fiscal 2026 guidance, including double-digit EPS and Entertainment EBIT growth, with Experiences and Sports also expanding, despite cost pressures from major sports rights and the cancellation of The Bachelorette Season 22. Ng also views the leadership transition to CEO Josh D’Amaro and an enhanced focus on technology and product innovation for Disney+ as catalysts that should support an 11% EPS CAGR through 2028, justifying his Buy rating and $151 price target on DIS.
In another report released today, Bank of America Securities also maintained a Buy rating on the stock with a $125.00 price target.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DIS in relation to earlier this year.