BofA says Disney (DIS) “reported a solid start to the fiscal year” with revenue, operating income and EPS above the firm’s expectations. In addition, press reports suggest Josh D’Amaro is likely to be announced shortly as the next CEO, the analyst noted. Succession has been an overhang on the shares recently and given the importance the Experiences segment has to total consolidated earnings, the firm believes this news will be “well received by the investment community.” BofA has a Buy rating and $140 price target on Disney as of the time of the start of the company’s fiscal Q1 earnings call.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DIS:
- Disney says ‘no need to buy IP, we have plenty of our own’
- Disney says ‘pleased’ with the company’s results to start the year
- DIS Earnings: Disney Q1 Beats Spark Rally Amid CEO Succession Buzz
- Options Volatility and Implied Earnings Moves Today, February 02, 2026
- Options Volatility and Implied Earnings Moves This Week, February 02 – February 06, 2026