What Analysts Think of Disney Stock Ahead of Earnings | Global News Avenue

Walter Disney Company (dis) It is planned to report the first quarter of the first quarter of fiscal year on Wednesday morning. Analysts predict that revenue and net income will increase, because the profitability of the streaming business of the entertainment giant is still the focus.

Most analysts are optimistic about Disney’s stocks, and analysts tracked seven “buy” and four “holding” rating through visible Alpha. Their average price target was $ 127.27, nearly 13 % from the closing price on Friday.

The expected income will increase by nearly 5 % year -on -year to US $ 24.63 billion, and the expected profit will increase by about 25 % to $ 2.38 billion, or $ 1.31 per share.

Streaming media, focus experience

Disney’s streaming business-holding Hulu, Disney+and ESPN+ Earn earlier than expected In the third quarter and Profit growth in the fourth quarterEssence Analysts of CITI and UBS recently said that they expect that the profitability of streaming media in the first quarter and later will increase.

In early January, Disney and Warner Bros. discovered (WBD) And Fox (fox. abandoned They have not yet started Streaming media service VENU movementEssence The announcement is here After a few days Disney and Fubotv (FUBO) He said that they would solve one of the legal challenges against Venu Sports by merging streaming competitors FUBO, and merged with Disney’s Hulu + Hulu + Live TV products.

UBS analysts also wrote that they hoped that Disney’s “experience” market segment would be hit this quarter New cruiseAnd affect the park attendance at the end of last year.

In the past 12 months, Disney’s stock price has increased by about 17 %.