Disneys price prediction after earnings

The Walt Disney Company (DIS) is forecast to grow earnings and revenue by 33% and 4.7% per annum respectively. Here's a detailed analysis based on recent financial data and market forecasts:

1. Recent Earnings Performance:
   • Disney reported a net income of $216 million and a basic EPS of -$0.01 for the quarter ending June 30, 2024.
   • The company's revenue growth rate for the same period was 1.23%.

2. Estimate EPS and Revenue:
   • Analysts estimate a higher EPS of $1.19 for the quarter ending September 30, 2024.
   • The estimated revenue for the same period is $23.04 billion.

3. Earnings Forecast:
   • The upcoming earnings date is scheduled for August 7, 2024, and the consensus EPS forecast is $1.2.
   • Analysts have a strong buy consensus on Disney stock.
4. Stock Price Forecast:
   • Analysts have set an average 12-month price target of $126.67, with a high estimate of $145 and a low estimate of $93.
   • The average target predicts an increase of 41.42% from the current stock price of $89.57.
5. Future Growth Projections:
   • Walt Disney is forecast to grow earnings by 33% and revenue by 4.7% per annum.
   • The company's EPS is expected to grow by 32% per annum.
6. Market Sentiment and Analyst Ratings:
   • The stock has a strong buy consensus from analysts, with an average target price of $127.64, indicating a 42.50% upside.
   • The highest price target among analysts is $145, while the lowest is $100.
7. Conclusion and Price Prediction:
   • Given the positive earnings estimates, strong buy consensus, and significant projected growth, Disney's stock is expected to perform well after earnings.
   • The average price target suggests a strong bullish outlook, with potential for a significant increase in the stock price.