Disney stock has quietly crept higher this year, but the latest analyst upgrades suggest the real show is only just beginning. With Wall Street boosting price targets and investors keeping a close eye on earnings, here’s why Disney (DIS) is trending among UK traders.
Analysts Are Raising the Curtain
Citigroup now values Disney at $140 a share, with UBS close behind at $138. That’s well above the current price of around $116. In simple terms: analysts think there’s plenty of upside left. One even described Disney as a “must-watch” recovery play.
Earnings Beat Expectations
In August, Disney reported earnings per share of $1.61 – comfortably beating estimates. Revenue reached $23.65 billion, slightly under forecasts but still up 2.1% year-on-year. For UK investors used to dividend-friendly FTSE stocks, this kind of steady growth is a different attraction.
Why It Matters for UK Investors
With streaming, theme parks, and sports rights driving revenue, Disney is diversifying well. Some London traders are comparing it to Netflix’s comeback last year – but with the added resilience of its parks business. The big question: is this the right entry point?
Conclusion (35 words)
Disney stock is trading below recent highs, yet optimism is growing fast. Whether you’re a casual investor or a serious market-watcher, would you buy into Disney’s story now – or wait for the next act?