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Zacks.com users have recently been watching Disney (DIS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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In the closing of the recent trading day, Walt Disney (DIS) stood at $83.30, denoting a -0.28% change from the preceding trading day.
DIS' pipeline signals strong potential but near-term headwinds call for patience, suggesting investors hold the stock or watch for a better entry point in 2025.
Disney (DIS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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At its recent annual shareholder meeting, The Walt Disney Company NYSE: DIS made a powerful case for its renewed financial strength, operating discipline, and strategic clarity. Under the stewardship of CEO Bob Iger, Disney is evolving from a post-pandemic recovery story into a multi-engine growth platform.
Disney's Parks & Experiences and Entertainment divisions are well-known revenue sources, but the Sports division, despite challenges, could be a significant catalyst for future growth. The launch of an ESPN streaming service, potentially priced at $25-$30 per month, could add $7.5 billion in revenue by migrating cable subscribers. Additional revenue streams from advertising and sports betting partnerships could further boost ESPN's financial performance, unlocking unexpected value for Disney.
[00:00:04] Doug McIntyre: So our friends at Disney make a huge amount of money on their animated film brands.
Disney (DIS -1.09%) hasn't been a favorite for investors recently, but the company is starting to see a payoff from investments in parks and experiences and has a bright future in streaming. In this video, Travis Hoium explains the upside for the company.