Loop Capital analyst Alan Gould raised the firm’s price target on Disney (DIS) to $125 from $120 and keeps a Buy rating on the shares after its Q4 earnings beat. The company not only provided guidance for FY25, but also gave divisional profit guidance for FY6 and is projecting double-digit EPS growth for both FY26 and FY27, the analyst tells investors in a research note. The biggest fundamental change is the studio is executing creatively again, with the global box office per franchise film increasing more than 50% over the past two years and approaching 2018 levels, with room to keep growing, the analyst tells investors in a research note. Loop adds that studio success leads to higher consumer products sales, theme park interest, and should lead to higher streaming engagement and demand.
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Read More on DIS:
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- Disney price target raised to $120 from $115 at Bernstein
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