Laura Martin, an analyst from Needham, maintained the Buy rating on Walt Disney. The associated price target remains the same with $125.00.
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Laura Martin’s rating is based on a combination of factors including the adjustments to Disney’s financial estimates. Despite lowering the operating income and EBITDA estimates for the fourth quarter of fiscal year 2025, Martin maintains a positive outlook on Disney’s revenue growth and earnings per share for the full fiscal year. The decision to adjust the operating income estimate is influenced by recent guidance from Disney’s earnings call, particularly in the Content, Sales & Licensing segment.
Martin’s confidence in Disney’s overall financial health is reflected in the unchanged revenue forecast for fiscal year 2025, which anticipates a year-over-year increase. Additionally, the expected growth in adjusted earnings per share supports the Buy rating, as it indicates potential profitability improvements. These factors collectively contribute to Martin’s optimistic stance on Disney’s stock performance.
In another report released on August 26, Bernstein also maintained a Buy rating on the stock with a $129.00 price target.