Neilson Barnard Investment Thesis While Disney’s (NYSE:DIS) flagship streaming service, Disney+, was originally launched as a competitor to Netflix (NFLX) in 2019, the platform’s growth has plateaued. While the platform had an initial period of strong growth, I predict their subscriber growth plateau is a bigger problem than it appears and it is a symptom…
Joe Raedle Above: The parks are bearing the load. The $60b capex promised has yet to be followed up by management specifics as to what and when it will be done. History provides us with compressed, but workable insights for both sides in the Walt Disney (NYSE:DIS) proxy fight. Each characterizes the respective combatants bottom…
HAYKIRDI Shares of Disney (NYSE:DIS) went into a new up-leg after the entertainment company announced that it will massively increase in its capital returns in FY 2024. Disney also reported that losses in its direct-to-consumer business narrowed significantly in the December quarter which makes it likely that the streaming company will be able to report…
FiThe Disney that was is not the Disney that is–investors need a new vision going forward. Hulton Deutsch/Corbis Historical via Getty Images Last week, Walt Disney (NYSE:DIS) CEO Bob Iger announced the company’s candidates for the board. Surprise. The surprise, it turns out, is that the ole gang of mine remains in place. It’s not…
RomoloTavani After a dismal 2023, Disney (NYSE:DIS) appears to have not learned anything from the failures of the past few years. The media company has made a lot of noise regarding the Board of Directors alignment, but the company appears to have not fixed the film studio. My investment thesis remains Neutral on the stock,…
Slaven Vlasic/Getty Images Entertainment There’s an indication that the worst for Disney (NYSE:DIS) is likely behind it as its CEO Bob Iger is finally turning the business around. The latest relatively successful earnings results along with other recent developments point to the fact that Disney is on track to recovery and its streaming business could…
Justin Sullivan Investment thesis My previous bullish thesis about Disney (NYSE:DIS) from September aged well, as the stock outperformed the broader U.S. market by a wide margin over the last quarter. The company’s fundamentals are improving as the management executes Bob Iger’s transformation plan, which has already positively affected financial performance. The near-term outlook is…
Michael M. Santiago Thesis The Walt Disney Company (NYSE:DIS), is an American multinational mass media and entertainment conglomerate headquartered in Burbank, California. It is one of the largest producers of animated movies, accounting for 26% of box office revenues in the United States and Canada. The company has 46.5 million subscribers to its Disney+ Streaming…
Chip Somodevilla/Getty Images News Our last coverage of The Walt Disney Company (NYSE:DIS) was almost 9 months back. While we rated the stock a hold/neutral (unlike our 2021 pieces, see here and here), we felt that the magic number was likely to be $80. But Disney’s 2X sales multiple pre-COVID-19 was a far more profitable…
Charley Gallay Introduction Many investors tend to overly emphasize the discounted price a company trades at and focus on their own perception of the value of the business. They often fail to consider that certain companies are priced low due to underlying issues. This corresponds with life’s principle that one gets what he pays for….
Jeff Schear/Getty Images Entertainment Disney (NYSE:DIS) recently slumped to decade lows due to struggles with turning the streaming business into a profitable endeavor. Disney+ was supposed to be the future of the media empire, but the recent financials breakout highlights the lingering importance of sports to the media giant. My investment thesis turns more Neutral…
1001Love/iStock via Getty Images Introduction The last and only time I wrote about The Walt Disney Company (NYSE:DIS) was in July 2023, when I argued that the stock needed a catalyst to finally turn around and move away from its long-term downtrend. Seeking Alpha, my past coverage of DIS Since the beginning of this year,…
Razvan Disney (NYSE:DIS) is an entertainment conglomerate, the largest in the world. The company has a market capitalization of more than $150 billion. However, it’s still dropped 30% since its 52-week highs. The company is suffering with the overall Hollywood strike along with increased competition from wealthy media companies. As we’ll see throughout this article,…
JHVEPhoto Since the launch of Disney+ in late 2019, Disney (NYSE:DIS) embarked on their direct-to-consumer streaming journey, offering Disney+, ESPN+, and Hulu directly to consumers. Subscribers surged during the pandemic, but growth has now slowed. I believe Disney won’t generate operating profits from their Direct-to-Consumer business soon due to heavy content spending, which continues to…
P_Wei The Happiest Place There’s one thing that most investors can agree on: when companies announce large spending plans, the market can generally be counted on to react poorly. On September 19th, The Walt Disney Company (NYSE:DIS) made a large announcement as part of an investor summit at Walt Disney World that the company would…
JHVEPhoto Before we begin, let’s play a little game. What’s the first thing (or word) that comes to your mind when I mention the subject of this article, The Walt Disney Company (NYSE:DIS)? Go. You got 5 seconds. 5, 4, 3, 2, 1. I’d bet these were some of the words you thought of: Mickey,…
JHVEPhoto Investment Thesis The share price of Disney (NYSE:DIS) has significantly underperformed the overall market. While the S&P500 returned investors an average of 20% YTD, the share price of Disney has fallen by an eye-watering 20%, from its peak in 2023. Despite the fact that its Q2 Revenue and earnings were in line with Wall…
Charley Gallay It has been three months since my latest update on The Walt Disney Company (NYSE:DIS) when I highlighted a number of reasons why the company is finally in a good position to deliver on its bottom line figures. Seeking Alpha Unfortunately for DIS shareholders, Q2 results failed to impress as more visibility on…
Erika Goldring/Getty Images Entertainment Introduction The Walt Disney Company (NYSE:DIS) is a $158-billion market cap global entertainment company operating in content production, streaming services, theme parks, and licensing. I’m more than sure you know about this company and what it does without my help. The role this company plays in our culture cannot be overestimated…