Needham analyst Laura Martin maintained a Buy rating on Walt Disney today and set a price target of $125.00.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Laura Martin has given his Buy rating due to a combination of factors, led by the potential for significant multiple expansion in Disney’s valuation. She notes that the stock currently trades at a price-to-earnings level similar to cruise operators, implying investors are treating Disney more like a cyclical travel business than a diversified media company.
If management can effectively reassert Disney’s media identity to Wall Street by fiscal 2026, Martin believes the market could rerate the shares closer to media peers. That shift in perception could roughly double both the earnings multiple and the stock price, in her view, creating an attractive upside that justifies a Buy recommendation.
In another report released on March 27, Deutsche Bank also maintained a Buy rating on the stock with a $132.00 price target.