It's now been more than two months since Walt Disney (DIS -0.33%) shares have been trading consistently in the triple figures. Making sure it stays above $100 -- and building on its market-matching 24% gain in 2024 -- will depend on its ability to continue delivering across its media empire.
Besides Wall Street's top -and-bottom-line estimates for Disney (DIS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Walt Disney (DIS 0.94%) is a global media and entertainment conglomerate that owns incredibly valuable intellectual property (IP) that it's able to monetize in many ways. This could mean making money in movie theaters, on traditional cable channels, or in theme parks and cruises.
Walt Disney (DIS) closed at $112.14 in the latest trading session, marking a -1.06% move from the prior day.
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Disney shares have gained 20% since my last call, but there's still upside potential with Q1 earnings and profitability improvements on the horizon. Key drivers include strong operating income, cost efficiency, and a move to profitability in combined streaming, with Disney+ Core subscriber trends being crucial. The Fubo and Hulu + Live TV combination adds 1.6 million paid subscribers but removes litigation issues for a game-changing sports streaming service.
Disney (DIS 0.15%) stock investors will want an explanation of the reasoning behind the deal with Fubo (FUBO -4.70%) in streaming TV.
The Disneyland Resort, Disney Signature Experiences and more are getting new leadership, with the transitions beginning immediately. Josh D'Amaro, Disney Experiences Chairman has made new appointments for his executive team, including a new role for major events integration.
After several years of market underperformance, Walt Disney (DIS 1.56%) finally came to play in 2024. The shares rose 24% last year, roughly in line with the previously elusive S&P 500.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
[00:00:04] Douglas McIntyre: So Disney, which has had an atrocious history in, in streaming, Disney Plus was started in 2019, lost billions of dollars.