Disney's Q2 Revenue Forecast Lowered by Bank of America, Expects Stronger H2 Performance
ByAinvest
Tuesday, Mar 24, 2026 1:52 pm ET1min read
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Bank of America expects Disney's earnings to accelerate in the second half of the year, driven by a stronger performance from sports operations and the new NBA media rights deal. The firm maintains its 'Buy' rating and $125 price objective, despite lower revenue expectations for Q2 due to attendance challenges and pre-opening costs for cruise ships. The bank believes Disney's new leadership will focus on storytelling and creative excellence, with tighter integration across business segments.
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