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DISWalt Disney Company (The)Sell5.1·$97.96-1.55%
SellModerate Confidence
Investment thesis

Walt Disney has executed flawlessly on earnings for four consecutive quarters and trades roughly 15% below the analyst-derived target with a 3.7-to-1 risk/reward ratio, but a confirmed price downtrend, a legal risk overhang that elevated the caution level from sell to hold, and free cash flow converting at only 33% of net income argue for patience rather than adding at current levels.

Thesis pillars

  • Weak Free Cash ConversionStable
  • Four Quarter Beat StreakStable
  • Confirmed Price DowntrendStable
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

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Walt Disney Company (The) (DIS) Stock Analysis

SellModerate Confidence

Communication Services · Entertainment

Sell if holding. Momentum 1.8/10 is below the 5.0 floor at $97.96 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Weak growth.

The Walt Disney Company is a diversified entertainment company operating through three segments — Entertainment, Sports and Experiences — spanning linear television (ABC, Disney/FX/National Geographic channels), streaming (Disney+ with about 132 million subscribers, Hulu with... Read more

$97.96+19.8% A.UpsideScore 5.1/10#20 of 34 Entertainment
QualityF-score7 / 9FCF yield2.17%
IncomeYield1.51%(5y avg 1.38%)Payout20.00%sustainable
Stop $92.78Target $116.70(analyst − 10%)A.R:R 3.9:1
Analyst target$129.67+32.4%29 analysts
$116.70our TP
$97.96price
$129.67mean
$88
$163

Sell if holding. Momentum 1.8/10 is below the 5.0 floor at $97.96 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.1/10, moderate confidence.

Passes 7/9 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 31d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA). Suitability: aggressive.

10-K grounded · weekly refresh

About Walt Disney Company (The)

About Walt Disney Company (The)

Walt Disney's direct-to-consumer business reached approximately 132 million paid Disney+ subscribers and 64 million paid Hulu subscribers as of September 27, 2025, built on a content library spanning roughly 5,300 live-action film titles and 460 animated titles across nearly a century of production. The company's international linear networks operate about 180 channels in 170 countries and 30 languages, while ESPN — 80% owned — added exclusive World Wrestling Entertainment Premium Live Events distribution rights beginning September 2025.

Disney earns Entertainment and Sports revenue primarily from subscription fees, advertising and MVPD affiliate fees for its linear networks (ABC, Disney Channels, FX, National Geographic, ESPN) and DTC services (Disney+, Hulu, ESPN Select/Unlimited), while Experiences generates admissions, resort, cruise and merchandise revenue from Walt Disney World, Disneyland and international parks in Paris, Hong Kong and Shanghai. Content Sales/Licensing adds theatrical distribution, TV/VOD licensing, home entertainment, stage plays (The Lion King, Aladdin, Frozen) and consumer-products IP licensing. ESPN's programming rights span the NFL, NBA, MLB, NHL, soccer, the Masters and Wimbledon, and in October 2025 ESPN agreed to acquire NFL Network and RedZone in exchange for a 10% noncontrolling interest in ESPN itself — a rights deal structured as an equity swap rather than a cash purchase. Disney also combined Hulu Live TV assets with FuboTV in October 2025, taking a 70% interest in the combined entity.

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Disney's distribution-contract renewal risk is no longer hypothetical: on October 30, 2025, the company's channels were removed from YouTube TV after the parties' distribution contract expired without a renewal agreement, and the 10-K states Disney cannot predict how long that blackout will last or estimate its financial impact. With additional MVPD distribution contracts scheduled to expire in fiscal 2026, and carriage renewals increasingly trading fewer linear networks for expanded DTC-service access for the distributor's subscribers, each renegotiation now doubles as a referendum on how much linear-network value can convert into direct-to-consumer subscribers before the underlying carriage deal lapses.

See also: Communication Services · Entertainment

From Walt Disney Company (The)'s most recent 10-K filing, extracted July 3, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-07
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Aug 5, 202631d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Risks
Weak growth
Negative momentum
Below 200-MA, MA slope -2.1%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)15.9
P/E (Fwd)13.3
Mkt Cap$172.8B
EV/EBITDA11.2
Profit Mgn11.5%
ROE11.0%
Rev Growth6.5%
Beta1.40
Dividend1.51%
Rating analysts36

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C0.95neutral
IV38%normal
Max Pain$75-23.4% vs spot

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Obv
1.0
Ma Position
1.0
Volume
2.5
Rsi
4.5
Volume distribution (falling OBV)Below 200-MA, MA slope -2.1%/30d — confirmed downtrend

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Earnings Growth
0.0
Revenue Growth
4.1
GatesMomentum 1.8<4.5Death cross (50MA < 200MA)A.R:R 3.9 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 31d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
46 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $95.65Resistance $103.74

Price Targets

$93
$117
A.Upside+19.1%
A.R:R3.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! momentum at 1.8 (below the engine's 4.5 threshold)
! Death cross — 50-day MA below 200-day MA

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-05 (31d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is DIS stock a buy right now?

Sell if holding. Momentum 1.8/10 is below the 5.0 floor at $97.96 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: Negative momentum; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $92.78. Score 5.1/10, moderate confidence.

What is the DIS stock price target?

Take-profit target: $116.70 (+19.8% upside). Prior stop was $92.78. Stop-loss: $92.78.

What are the risks of investing in DIS?

Weak growth; Negative momentum; Below 200-MA, MA slope -2.1%/30d (confirmed downtrend).

Is DIS overvalued or undervalued?

Walt Disney Company (The) trades at a P/E of 15.9 (forward 13.3). TrendMatrix value score: 7.0/10. Verdict: Sell.

What do analysts say about DIS?

36 analysts cover DIS with a consensus score of 4.2/5. Average price target: $130.

What does Walt Disney Company (The) do?The Walt Disney Company is a diversified entertainment company operating through three segments — Entertainment, Sports...

The Walt Disney Company is a diversified entertainment company operating through three segments — Entertainment, Sports and Experiences — spanning linear television (ABC, Disney/FX/National Geographic channels), streaming (Disney+ with about 132 million subscribers, Hulu with about 64 million), ESPN (80% owned), and theme parks and resorts including Walt Disney World and Disneyland. Entertainment and Sports earn subscription, advertising and MVPD affiliate fees, while Experiences generates admissions, resort and merchandise revenue.

Related stocks: NFLX (Netflix, Inc.) · ROKU (Roku, Inc.) · TKO (TKO Group Holdings, Inc.) · FOXA (Fox Corporation) · FOX (Fox Corporation)
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