Is Disney stock losing value?
Is Disney stock losing value? The media conglomerate's stock remains under pressure amid a host of challenges, and KeyBanc Capital Markets analyst Brandon Nispel still views it as expensive relative to peers, despite a selloff that has taken the share price down 59% from Disney's (DIS) all-time closing high established in early 2021.
Who holds the most Disney stock?
- Vanguard Group, BlackRock, State Street Corporation, and Berkshire Hathaway are the key players in Disney's ownership landscape.
- State Street Corporation is the largest shareholder of Disney, indicating its significant influence on the company's operations and decision-making.
Why Disney stock is a buy?
The company's Disney+ streaming service also saw strong subscriber growth internationally in Q4, hitting 66.1 million subscriptions, up from 56.5 million at the end of fiscal 2022. Moreover, Disney plans to buy out Comcast's 33% stake in Hulu, a move that should strengthen its streaming business.
What is the true value of Disney stock?
With the current market price of 89.44 USD, the upside of Walt Disney Co is 21.3%. The range of the Intrinsic Value is 79.85 - 163.81 USD.
Why is Disney stock dropping so much?
Disney stock has been in a steady downtrend this year as it contends with bulging content costs, while theme park traffic is bouncing back from pandemic shutdowns. Disney stock has so far faded 2.6% in 2023 through Wednesday's close.
Is Disney losing money 2023?
The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2023. BURBANK, Calif. —The Walt Disney Company (NYSE: DIS) today reported earnings for its third quarter and nine months ended July 1, 2023. Revenues for the quarter and nine months grew 4% and 8%, respectively.