The Walt Disney Company
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Range $111 – $164
Price Chart
About the company
Operating worldwide through its various subsidiaries, The Walt Disney Company (DIS) stands as a prominent global entertainment enterprise. Its vast array of activities is organized into two primary divisions: Disney Media and Entertainment Distribution, and Disney Parks, Experiences and Products. Within its media and entertainment arm, Disney is actively engaged in developing and distributing both cinematic films and television series.
- CEO
- Josh D'Amaro
- IPO
- 1957
- Employees
- 194,040
- HQ
- Burbank, CA, US
AI snapshot
Six angles, distilled from the data.
The stock sits in a broad recovery regime, trading above its 200-day average of 103.85 after a 52-week range that spans 91.49 to 115.42. That keeps the setup constructive, with room to test the upper end of the prior range if momentum holds.
Street sentiment is constructive: 6 Buy ratings versus 3 Holds, with a 4.52 average score and a 126.61 target that sits above the current trading range. No recent rating changes point to a stable view rather than a fast-moving re-rating.
Disney has a strong beat streak, with 7 straight quarters of EPS beats and several recent surprises in the high-single to low-double digits. Shareholders should watch whether the next report extends that pattern while management supports the next-year EPS estimate of 7.49.
No notable insider activity. With no reported transactions, there is no visible discretionary buying or selling signal to interpret.
Profitability is solid but not elite, with a 19.3% operating margin, 8.0% ROE, and 4.8% ROA. Revenue grew 6.8% year over year, while free cash flow reached 26.13 billion on 18.10 billion of operating cash flow, supporting the business despite leverage.
Disney’s scale across streaming, parks, and media gives it a broader earnings mix than most entertainment peers, with parks and experiences helping offset content volatility. The valuation setup looks reasonable versus the sector given the market’s expectation for continued earnings recovery.
Similar companies
Peers in the same neighborhood.
- Market Cap
- $179.92B
- P/E
- 21.32
- Fwd P/E
- 13.81
- PEG
- -0.89
- P/S
- 1.82
- P/B
- 1.64
- EV/EBITDA
- 9.51
- Div Yield
- 1.45%
- Gross Margin
- 37.60%
- Op Margin
- 16.00%
- Net Margin
- 8.70%
- ROE
- 7.87%
- ROIC
- 6.43%
Latest fiscal year · YoY change
- Revenue
- $94.42B+3.4%
- Gross Profit
- $35.66B+9.2%
- Op Income
- $13.83B
- Net Income
- $12.40B+149.5%
- EPS
- $6.88+152.9%
- OCF Growth
- +29.6%
- FCF Growth
- +17.7%
- 52W High
- $117.09
- 52W Low
- $92.19
- 50D MA
- $104.30
- 200D MA
- $103.85
- Beta
- 1.41
- RSI (14)
- 47
- Avg Volume
- 9.51M
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Disney said Q3 was an “excellent quarter,” with revenue up 7% and segment operating income up 21%, led by record Experiences results and continued streaming progress.· August 5, 2026
- Total company revenue grew 7% and total segment operating income rose 21% versus last year.
- Disney Experiences posted record fiscal Q3 revenue and segment operating income, with revenue at $10 billion, up 10% year over year.
- Global guests rose 4%, domestic parks attendance rose 3%, and domestic per-cap spending rose 4%.
- Disney+ reached a 13% SVOD operating margin in fiscal Q3, and management reiterated a path to double-digit margins in fiscal 2026 excluding the 53rd week.
- Management raised the fiscal 2026 share repurchase plan to at least $9 billion and said Experiences OI is now expected at the high end of prior high-single-digit growth guidance, excluding the 53rd week.
Disney reported total company revenue growth of 7% and total segment operating income growth of 21% in fiscal Q3, and management said the quarter came in ahead of prior guidance. In Experiences, revenue was $10 billion, up 10% year over year, with record fiscal Q3 revenue and segment operating income; global guests increased 4%, domestic park attendance increased 3%, and domestic per-cap spending increased 4%. Disney+ delivered a 13% SVOD operating margin in fiscal Q3. For fiscal 2026, management reiterated the full-year outlook, said Experiences OI is expected at the high end of prior high-single-digit growth guidance excluding the 53rd week, reaffirmed double-digit adjusted EPS growth for fiscal 2026 and fiscal 2027, said content spend is on track to be $24 billion across the company this year, and increased share repurchases to at least $9 billion.
Josh D’Amaro framed the quarter as evidence that Disney is operating “from a real position of strength,” citing coordinated execution across Experiences, Disney+ and ESPN. He emphasized the “One Disney” operating model, saying the company’s edge comes from connecting franchises, data, technology and fan relationships across parks, streaming, sports and consumer products. His tone was confident and expansionary, with repeated references to durable growth, capital discipline and the ability to turn IP into earnings across the flywheel.
Hugh Johnston focused on execution, returns and capital allocation. He said Experiences ROI has “increased meaningfully over time,” that the company is seeing the impact of investments quickly, and that there should not be declining returns on projects; he pointed to $9 billion of fiscal 2026 CapEx in Experiences, $24 billion of companywide content spend this year, and at least $9 billion of share repurchases, up from the prior guide of about $7 billion. He also said Disney is not looking to build cash or meaningfully delever from here, and that tariff refunds contributed about $100 million in Q3 at Experiences with no revenue impact and an immaterial full-year effect.
Analysts focused heavily on parks CapEx returns, pricing versus volume, discounting in U.S. parks, the impact of fuel costs and Middle East volatility, share repurchases versus content spending, streaming integration, ESPN DTC, and whether Disney+ should become a broader aggregator or free product. Management repeatedly said the business is seeing strong demand, healthy bookings and strong execution, and that promotions are targeted tools to reach specific guest segments rather than a sign of attendance weakness. On streaming, management highlighted progress in Disney+/Hulu integration, lower churn in bundled products, and said Disney+ could also aggregate third-party services and that a free offering is being explored, but nothing was announced.
The bullish case from this call is that Disney’s core businesses are all showing traction at once: record Experiences results, improving streaming margins, and strong sports engagement. Management also sounded confident that Disney can keep monetizing its IP across theaters, parks, streaming and retail, while capital investments in capacity and technology are already translating into guest growth and margin improvement.
The main risks flagged were macro uncertainty, softer international attendance in some markets like Shanghai and Hong Kong, and ad-market pricing pressure from growing streaming supply. Management also acknowledged that Disney+ still has work to do internationally and that some film titles underperformed, even if the broader portfolio offset that volatility.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 99.8%
- Shares Outstanding
- 1.74B
- Float Shares
- 1.73B
of shares held by institutions
3,136 13F filers
Buy/sell ratio 0.91. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for DIS, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| Kevin HernHouse · OK01 | Sell | Aug 10, 26 | Filing → |
| Mike KellyHouse · PA16 | Sell | Jul 17, 26 | Filing → |
| Alan ArmstrongSenate | Buy | Mar 27, 26 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Apr 13, 26 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Mar 30, 26 | Filing → |
| Gilbert Ray CisnerosHouse · CA31 | Sell | Feb 10, 26 | Filing → |
| John BoozmanSenate · AR | Buy | Jan 8, 26 | Filing → |
| Gilbert Ray CisnerosHouse · CA31 | Buy | Jan 9, 26 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Jan 29, 26 | Filing → |
| Nancy PelosiHouse · CA11 | Sell | Dec 30, 25 | Filing → |
| Julia LetlowHouse · LA05 | Buy | Nov 3, 25 | Filing → |
| Julia LetlowHouse · LA05 | Buy | Oct 25, 24 | Filing → |
| Tony WiedHouse · WI08 | Buy | Oct 27, 25 | Filing → |
| Val HoyleHouse · OR04 | Sell | Sep 23, 25 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 159.34M | ▲ 1.22M |
| Blackrock, Inc. | 136.88M | ▲ 1.43M |
| Vanguard Capital Management LLC | 113.43M | ▼ 1.69M |
| State Street Corp | 83.50M | ▼ 207.50K |
| Jpmorgan Chase & Co | 75.81M | ▼ 1.09M |
| Geode Capital Management, LLC | 41.32M | ▼ 269.47K |
| Vanguard Portfolio Management LLC | 36.76M | ▲ 1.37M |
| Morgan Stanley | 34.50M | ▲ 696.44K |
| Wellington Management Group Llp | 31.99M | ▲ 4.10M |
| Fmr LLC | 25.39M | ▲ 3.44M |
| Norges Bank | 20.25M | ▲ 20.25M |
| Northern Trust Corp | 19.55M | ▼ 405.23K |
Held by 2,156 ETFs
Biggest fund positions in DIS by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Sep 30, 26 | MCDONALD CALVIN | other | 1,005.7 |
| Sep 30, 26 | Chang Amy | other | 1,005.7 |
| Sep 30, 26 | Barra Mary T | other | 1,174.3 |
| Sep 30, 26 | Darroch Jeremy | other | 954.7 |
| Sep 30, 26 | Darroch Jeremy | other | 122.438 |
| Sep 30, 26 | Everson Carolyn | other | 994.7 |
| Sep 30, 26 | GORMAN JAMES P | other | 1,386.1 |
| Sep 30, 26 | LAGOMASINO MARIA ELENA | other | 1,166.7 |
| Sep 30, 26 | Froman Michael B. G. | other | 1,003.4 |
| Sep 30, 26 | Rice Derica W | other | 1,152.3 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our DIS coverage
Recent articles, reports, and earnings notes.

Disney (DIS): Streaming Profitability and Parks Drive the Buy Case
Disney posted 7% revenue growth, 21% segment operating income growth, and a 28% EPS jump in fiscal Q3 2026, with Experiences and Entertainment leading the rebound. Leverage and sports margin pressure keep the risk profile moderate, but improving Disney+ economics support a Buy.

The Walt Disney Company (DIS) gains on deep earnings beat
The Walt Disney Company (DIS) gained after a solid earnings beat, but the real story is in the details: record Experiences results, improving SVOD margins, and a reiterated outlook that supports the recovery narrative beyond the headline EPS surprise.

The Walt Disney Company (DIS) gains on earnings beats
The Walt Disney Company (DIS) gains 2.3% after reporting earnings beats, lifting investor sentiment as the entertainment giant tops expectations and extends its recent momentum.
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US judge to hold hearing on Disney bid to block FCC license review
reuters.com · Oct 6
Disney's Top Lawyer Is a ‘Pragmatist' Facing His Biggest Fight Yet
wsj.com · Oct 6
MassMutual Private Wealth & Trust FSB Reduces Stock Holdings in The Walt Disney Company $DIS
defenseworld.net · Oct 6
Could Disney End Up Being the Next Nike?
fool.com · Oct 5
$1,000 Invested in Walt Disney (DIS) at Its 52-Week Low Is Worth This Much Today
fool.com · Oct 3
The next big AI battle is all about cuteness
marketwatch.com · Oct 3
Disney licenses lineup of movies, TV shows to Netflix including 'Ice Age,' 'Will Trent'
reuters.com · Oct 2
Disney Could be Making Big Changes to its TV Business. Why It's Necessary.
barrons.com · Oct 2
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.
AI analysis · Last refreshed October 4, 2026 · Live quote · Not investment advice