The Walt Disney Company (DIS) Price Target Raised Following Strong Q2 Report

The Walt Disney Company (NYSE:DIS) is included among the 10 Best US Stocks to Invest in According to Billionaires.

The Walt Disney Company is a leading diversified international family entertainment and media enterprise that includes three core business segments: Disney Entertainment, ESPN, and Disney Experiences.

On May 8, Citi raised its price target on The Walt Disney Company from $135 to $145, while keeping a ‘Buy’ rating on the shares. The target boost, which reflects an upside potential of over 35% from the current levels, comes after the analyst firm updated the company’s model following its recent Q2 report.

The Walt Disney Company reported strong results for its second quarter on May 6, with the company beating forecasts in both profits and revenue. The entertainment enterprise grew its revenue and total segment operating income by 7% and 4%, respectively, compared to the prior year and outperformed its guidance. Free cash flow also surged by 1% to $4.94 billion.

The Walt Disney Company expects 12% growth of adjusted EPS for FY 2026 and double-digit growth of adjusted EPS for FY 2027. The company is also targeting at least $8 billion in share repurchases in the ongoing year.

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