The Walt Disney Company (DIS) is a diversified global giant with a market cap of $166.5 billion. Its entertainment business delivers content through major networks, including ABC, Disney, Fox, and National Geographic, while producing original programming under renowned studios like Pixar, Marvel, and Lucasfilm. Disney has strategically expanded into direct-to-consumer streaming through Disney+, Hulu, and ESPN+. 

Beyond media, Disney operates iconic theme parks and resorts in the U.S., Paris, Hong Kong, and Shanghai. The company also monetizes its intellectual property through extensive merchandise licensing and publishing ventures. 

Disney stock has grossly underperformed the broader markets in the past decade. Since May 2015, it has fallen 17% and currently trades 54% below its all-time highs. The next near-term driver for Disney stock will be its upcoming earnings report, which is scheduled for tomorrow, May 7. 

Wall Street analysts maintain a bullish outlook for the company. UBS highlights potential strength in Disney’s theme parks, new cruise ship, and sports advertising businesses for the fiscal second quarter. 

However, the company now faces additional headwinds from President Donald Trump’s threats of 100% tariffs on foreign-made films, adding to concerns about recession risks and intensifying streaming competition. 

Though Disney shares have recovered nearly 16% from last month’s low, they remain down about 18% year-to-date. Lets’see if you should buy, sell, or hold Disney stock right now. 

What Should You Expect from Disney Stock in Fiscal Q2 2025?

Analysts covering Disney expect it to report sales of $23.1 billion in fiscal Q2 2025 (ended in March), an increase of 4.7% year-over-year. Comparatively, adjusted earnings are forecast at $1.21 per share, similar to the year-ago period. Disney has beaten consensus earnings estimates in each of the last five quarters, and the stock has delivered positive returns following its previous five earnings reports. 

Disney’s content excellence continues driving value across the entire organization. Last year, the company earned $5.5 billion at the box office and owns five of the top 10 most-streamed shows. The streaming business has transformed from losing over $1 billion quarterly to achieving profitability with visibility toward double-digit margins.

The recent integration of Hulu content within Disney+ for bundled subscribers has proven successful, improving engagement while reducing churn. Meanwhile, the upcoming ESPN flagship service presents another growth opportunity, with early sports-related offerings already resonating with Disney+ subscribers.

Advertising represents a key growth opportunity as Disney aims to leverage Hulu’s expertise in streaming video advertising technology. 

What Is the Target Price for Disney Stock?

Analysts expect Disney to increase its sales from $91.36 billion in fiscal 2024 to $107 billion in fiscal 2028. Its focus on cost optimization should help the entertainment heavyweight report adjusted earnings per share of $7 in fiscal 2029, up from $4.97 in 2024. 

Today, DIS stock trades a forward price-earnings multiple of 17x which is lower than its three-year average of 20.8x. If the stock is priced at 17x, it will trade around $119 per share in early 2029, above the current price. 

Out of the 29 analysts covering DIS stock, 21 recommend “Strong Buy,” two recommend “Moderate Buy,” and six recommend “Hold.” The average target price for Disney stock is $124.42, around 35% above the current trading price.