Wells Fargo added Disney (DIS) to the firm’s Q1 2026 Tactical Ideas List. Wells says Disney’s Q1 is heavy on peak days at Parks, which will showcase strong demand and assuage fears. The box office supports higher FY26 EPS, and a succession announcement is due, Wells adds. Taken together, the firm sees the stock higher on estimates plus a rerating. Wells has an Overweight rating on the shares with a price target of $152.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DIS:
- Disney at a Profitability Inflection Point: Buy Rating on Streaming Turnaround, Parks Reacceleration, and Strategic AI & ESPN Optionality
- Now Streaming: Warner Bros. seen turning down Paramount again
- Trump Trade: 350 drugs to see price raises despite President’s pressure
- DOJ says Disney to pay $10M civil penalty for child content violations
- Michael Kicinski acquires GOG from CD Projekt, terms not disclosed