Get started

DIS

Disney Reports Surprise Profit in StreamingWalt Disney's ( NYSE:DIS ) streaming entertainment unit posted its first profit on Tuesday, two quarters ahead of schedule, and the company raised its annual earnings per share outlook as it said turnaround efforts were yielding results. Shares of the company were down 1.4% in premarket trading. Disney ( NYSE:DIS ) now expects adjusted earnings per share to rise by 25% this fiscal year, up from the 20% it previously forecast. The company attributed the change to strong results at theme parks and improvements in the streaming business. The direct-to-consumer entertainment division, which includes the Disney+ and Hulu streaming services, reported operating income of $47 million from January through March. Disney ( NYSE:DIS ) had promised Wall Street that the streaming operation would become profitable by September. The division had been losing money since Disney+ debuted in 2019 in the company's major push to compete with Netflix. Chair Executive Bob Iger, who defeated board challenges from activist investors last month, said in a statement that "our strong performance this past quarter demonstrates we have turned the corner and entered a new era for our company." The steps Disney is taking today lend themselves to solidifying Disney's place as the preeminent creator of global content. Like other media companies, Disney ( NYSE:DIS ) has been trying to adapt to consumer migration from cable television to streaming entertainment. Iger, who came out of retirement to revamp Disney in November 2022, instituted cost cuts that are expected to reach at least $7.5 billion by the end of September. He also unveiled a 10-year, $60 billion investment in theme parks and announced plans for a stand-alone ESPN streaming app, among other efforts. The earlier-than-expected profit from streaming entertainment was driven by aggressive cost management, according to Chief Financial Officer Hugh Johnston. A year ago, the streaming unit lost $587 million. Disney+ added more than 6 million customers during the quarter, and average revenue per user rose 44 cents, outside of India. Disney ( NYSE:DIS ) offers a lower-priced plan in India that it counts separately. Disney ( NYSE:DIS ) also reports results for a combined streaming unit, including ESPN+, which should generate a fiscal fourth-quarter profit and become a "meaningful future growth driver for the company, with further improvements in profitability for fiscal 2025." For January through March, the combined streaming business with ESPN+ lost $18 million. During that time, the Mouse House posted diluted earnings per share, excluding certain items, of $1.21, ahead of analysts' consensus estimate of $1.10, according to LSEG data. Quarterly revenue rose to $22.1 billion, in line with analyst forecasts. In the second fiscal quarter of 2024, Disney ( NYSE:DIS ) achieved strong double-digit percentage growth in adjusted EPS(1) and met or exceeded financial guidance for the quarter. As a result of outperformance in the second quarter, the company's new full-year adjusted EPS(1) growth target is now 25%. The company remains on track to generate approximately $14 billion of cash provided by operations and over $8 billion of free cash flow this fiscal year.
NYSE:DISLong
by DEXWireNews
1
Is Disney's Renaissance Sustainable?In the annals of financial lore, few sagas are as captivating as the rollercoaster ride of Disney's stock. From the dizzying heights of its peak to the depths of its nadir, the House of Mouse has seen it all. Yet, just as a phoenix rises from the ashes, so too has Disney experienced a remarkable resurgence in recent times. But amidst the euphoria of its stock's revival, investors are left pondering a crucial question: Is the time ripe to bet on Disney's future? Disney, an intricate tapestry of entertainment, boasts an arsenal of beloved characters and franchises unrivaled in the industry. From Mickey Mouse to Marvel superheroes, its portfolio is a treasure trove of nostalgia and innovation. But navigating the labyrinthine landscape of its operations requires more than just pixie dust and wishful thinking. The pandemic served as a crucible, testing Disney's resilience like never before. As theme parks lay dormant, streaming platforms emerged as beacons of hope, illuminating a path forward. Yet, even as one door closed, another swung open, revealing the adaptability and resourcefulness ingrained in Disney's DNA. Under the stewardship of CEO Bob Iger, Disney embarked on a voyage of reinvention, charting a course toward operational excellence. The resurgence of its theme parks, coupled with a revitalized focus on content creation, heralds a new era of growth and innovation. But behind the scenes, the gears of change are grinding, reshaping the very fabric of Disney's identity. The latest quarterly results offer a glimpse into Disney's metamorphosis. While revenue may have stagnated, operating income soared, fueled by the surging tide of streaming subscriptions. Bob Iger's bold proclamation of streaming profitability by fiscal 2024 echoes a newfound sense of confidence permeating the company's corridors. Yet, amidst the glitz and glamour, challenges linger on the horizon. The specter of ESPN's uncertain future looms large, casting a shadow over Disney's aspirations. But rather than retreat in the face of adversity, Disney has chosen to confront it head-on, forging alliances and innovating new pathways to success. Investors, ever the vigilant custodians of capital, are cautiously optimistic. The allure of Disney's storied legacy is undeniable, yet prudence dictates a measured approach. For while the promise of future returns may tantalize, the present realities demand scrutiny. In the grand tapestry of Disney's saga, each thread tells a story of resilience, adaptation, and unyielding optimism. As the curtains rise on a new chapter, investors stand poised at the precipice of possibility, gazing toward a future brimming with promise and potential. And as Walt Disney himself once said, "It's kind of fun to do the impossible."
NYSE:DISShort
by FOREXN1
1
DISNEY $DIS | DISNEY DESCENDING TRIANGLE PATTERN - Apr. 11, 2024DISNEY NYSE:DIS | DISNEY DESCENDING TRIANGLE PATTERN - Apr. 11, 2024 BUY/LONG ZONE (GREEN): $118.50 - $123.00 DO NOT TRADE/DNT ZONE (WHITE): $116.50 - $118.50 SELL/SHORT ZONE (RED): $112.00 - $116.50 Weekly: Bullish Daily: DNT 4H: Bearish A week ago NYSE:DIS broke its bullish trend on the 4H and lower timeframes. The Weekly timeframe still holds the bullish trend, and the Daily timeframe is currently untradeable for myself, but is working its way closer to a bearish trend as it is breaking down bullish structure. The 4H timeframe shows a descending wedge/triangle (or possibly a developing sideways range channel) with the bullish support level being around 117.00. The 117.00 is where bears should look for a breakdown to confirm the downwards trend, and bulls should look for a breakout above the 118.50 level. 118.50 is a safe entry for bulls, however; earlier entries could be a break above the descending trend line that is acting as the top of the wedge/triangle. Previous bull trend and continuation are labeled to show where I got the levels and zones from and how more recent price action has reacted to these areas. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technical indicators, support and resistance, chartpatterns, wedge, descendingwedge, descendingtriangle, bearishtriangle, bearishtrend, bearishchannel, trendchannel, disney, disneystock, dis, disstock, NYSE:DIS , disneyparks, disneyprice, disneystockprice, disneyanalysis, disneytrend, disneystocktrend, disneychannel, triangle, beartriangle, disneyreversal, reversal, reversalpattern, trendcontinuation, shortdis, longdis, disneytrade, disneyidea, disneyoptions, disneylong, disneyshort, rangingprice, disneyrange, rangezones, rangechannel, waltdisney, waltdisneycompany,
NYSE:DIS
by TonyAiello
2
NFLX set up for a dip buy before the next earnings LONGNFLX has added 20% to price in the two months since the last earnings which were decent but not remarkable. The 2H chart shows a dip of about $20 per share coincident with a fall from the second upper VWAP line to support from the first upper VWAP line. The zero lag MACD shows line rising over the horizontal zero level in perhaps a sign of bullish divergence. The lines are now over the low amplitude histogram. I will take a long trade here targeting $650. Recent news is the CEO sold 20,000 shares out of the 12,000,000 that he has control of. Nothing unusual there. His friends and others ( myself included) may be buying the dip.
NASDAQ:NFLXLong
by AwesomeAvani
Disney Triumphs Over Trian in Bitter Boardroom Battle:A Victory for Bob Iger's Leadership In a high-stakes proxy battle that gripped Wall Street, Walt Disney Co. ( NYSE:DIS ) has emerged victorious over Nelson Peltz's Trian Fund Management, signaling a significant win for CEO Bob Iger and the company's strategic direction. Months of intense campaigning and maneuvering culminated in a decisive victory for Disney ( NYSE:DIS ) as shareholders overwhelmingly backed the company's slate of board nominees, rejecting Trian's bid to shake up Disney's governance. At the heart of the clash were competing visions for Disney's future. Trian, led by veteran investor Nelson Peltz, had been pushing for board seats to implement its strategies aimed at improving Disney's performance. Peltz criticized Disney's CEO succession planning, creative innovation, and adaptation to new technologies, arguing that the company had missed opportunities, costing investors billions. However, Disney ( NYSE:DIS ), backed by major institutional investors including Vanguard Group and BlackRock, successfully defended its board and leadership. Vanguard, Disney's largest shareholder, wielded significant influence with its approximately 8.3% stake, throwing its weight behind Disney's nominees. Other prominent investors, such as T. Rowe Price and Norges Bank Investment Management, also sided with Disney ( NYSE:DIS ). The support from influential shareholders underscored confidence in Bob Iger's leadership amidst Disney's transformative journey, particularly in navigating the transition to streaming and expanding its digital footprint. Despite challenges in the streaming division, including the dismissal of former CEO Bob Chapek, Disney's strategic investments in companies like Epic Games and partnerships with industry giants like Fox Corp and Warner Bros Discovery have shown promising signs of growth. The bitter battle between Disney and Trian highlighted fundamental questions about Disney's direction in an evolving media landscape. Both sides spared no expense in their campaigns, leveraging endorsements from industry luminaries and engaging in public skirmishes. For Iger, the victory represents a vindication of his vision and strategy for Disney's future. The outpouring of support from shareholders and influential figures reaffirms his standing as a visionary leader capable of steering Disney through turbulent waters. As the dust settles on this boardroom brawl, Disney emerges with renewed confidence, poised to capitalize on its strengths and chart a course towards continued success under Bob Iger's stewardship. The shareholder vote sends a clear message: Disney's shareholders have spoken, and they believe in the magic of Bob Iger's leadership.
NYSE:DIS
by DEXWireNews
10
Disney+ Set to Boost Revenue with Strategic Advertising ExpansioThe Walt Disney Company is venturing into new territories with its Disney+ platform by enhancing its advertising business through strategic partnerships with key entities in the advertising industry. This initiative is expected to unlock a significant revenue stream for Disney, offering a subscription model that is more accessible to price-sensitive customers while simultaneously monetising through advertising. A key advantage for Disney+ in this endeavour is its access to a vast repository of subscriber data, which serves as an invaluable goldmine for tailoring effective advertising campaigns. The collaboration with industry giants such as Alphabet and The Trade Desk is poised to optimise the monetisation potential of Disney's streaming services. The decision to integrate advertising into the Disney+ platform underscores Disney's adaptability and foresight in the rapidly evolving digital entertainment landscape. By offering a competitively priced subscription option supported by advertisements, Disney+ is not only expanding its subscriber base but also enhancing its appeal to a broader demographic. This strategic pivot also reflects a growing trend among streaming services to diversify revenue streams in an increasingly saturated market. For investors and market watchers, the development of Disney's advertising business on Disney+ signals a proactive approach to growth and revenue diversification. The collaboration with leading advertising platforms like Alphabet and The Trade Desk could set a new benchmark for how streaming services leverage proprietary data for advertising purposes. Given these developments, it's prudent to analyse The Walt Disney Company's (DIS) stock performance On the daily (D1) timeframe, a support level at 115.84 USD has emerged, along with resistance at 123.74 USD, indicating a stable uptrend. Zooming in on the hourly (H1) timeframe, long positions may present compelling opportunities after breaching the resistance level at 123.74 USD, with a short-term target at 133.30 USD. In the medium term, maintaining a long position could prove viable, potentially extending up to 145.06 USD. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
NYSE:DIS
by RoboMarkets
$DIS Bearish to Bullish ReversalNYSE:DIS Bearish to Bullish Reversal A "Bearish to Bullish Reversal" in technical analysis typically indicates a shift in sentiment from pessimistic to optimistic regarding the stock's price movement. In the case of NYSE:DIS (Disney), this reversal pattern suggests that the stock has transitioned from a downtrend to an uptrend. This change may be characterized by a significant decrease in selling pressure followed by increasing buying interest, leading to a potential upward movement in the stock's price. Traders and investors often interpret this reversal as a signal to consider buying opportunities, anticipating further upward momentum in the stock's price.
NYSE:DISLong
by AlgoTradeAlert
DIS-Canary in the coal mine for the US stock market?Since 1974 Disney has always made a "yearly" higher low as depicted by the red hash marks on this chart. In 2022 it closed the year below the previous yearly "pullback low"...yikes!!! Could Disney be an early warning sign of what is to come over the next 10 years for the US stock market? It is a 1900's quintessential "American" company. Anyone looking to add this to your child's portfolio might want to reconsider... (Of note: Disney began trading on the NYSE on November 12, 1957 and Trading View begins charting it in 1968 so this chart doesn't show 1957-1968.) Lastly, I would not recommend starting a short position right now (in fact, the daily chart looks quite bullish right now) however if you are "really" long this company I would take any strong bear market rallies as a chance to reduce or exit your position...there is just too much unknown about what this type of closing implies for the stock IMO.
NYSE:DISShort
by Vixtine
9
Disney: Two Scenarios For Walt Disney, chart analysis reveals the completion of a first cycle with an all-time high at $203, followed by what appears to be a 5-wave structure downward towards Wave (A), concluding at a double bottom with Wave (4) at $79. This formation is characteristic of a Wave 2, yet its brevity on the 3-day chart suggests a potential flat correction. Anticipation exists for a rise in the coming weeks to $126.50, where Wave A is expected, adhering to a zigzag correction pattern (5-3-5 waves). This suggests a cautious bearish stance until a breakout above $176.88, which would invalidate the current long term bearish scenario. The 4-hour chart indicates the potential formation of a 5-wave structure upward towards Wave A, but the market's direction—whether indicating strength or weakness—will determine the approach to positioning for Wave 4. Further observations are needed before committing to new positions, with decisions to be made based on clearer market signals
NYSE:DISShort
by stromm_by_wmc
DISNEY, a "bottomfish" opportunity that can't be missed! ↑↑↑DISNEY's recent earning calls last April 2023 is showing some impressive numbers -- with net income surging +170%. These weighty numbers are still out of sync with the current price level of the company -- but that will change soon. Initial Accumulation has been spotted at the current price range. Monthly histogram is showing some higher lows formation with price movements getting thinner by the day -- conveying a pending trend reversal. Price is currently sitting at 1.0 FIB level -- this is beyond bargain discount already and a rare chance to seed at this price level knowing the impressive financial numbers. DIS is also hovering the 85-90 range, a strong major order block support that's been tested many times in the past and price keeps bouncing off it. This is a 3-year long standing support that has been proven it's strength over and over. Expect some significant price ascend from the present price range. The current price is a rare bargain -- a 'bottomfish' opportunity that can't be missed for sure! Spotted at 89.0 TAYOR. Safeguard capital always. ------------------------------------ Some financial reference: Financials Quarterly financials APR 2023 (USD) Apr 2023 Y/Y Revenue 21.81B 13.33% Net income 1.27B 170.43% Diluted EPS 0.69 165.38% Net profit margin 5.83% 138.93% Operating income 2.36B 45.98% Net change in cash 1.94B 265.56% Cash on hand - - Cost of revenue 14.62B 16.06%
NYSE:DISLong
by JSAL
1
📺 Disney (DIS) - Streaming Profits and Theatrical Releases! 🎥📊 Technical Overview: NYSE:DIS : Disney, a legacy media and entertainment company. Key Levels: $84.00, $85.00, $124.00, $126.00. 📈 Trade Analysis: Streaming Business: Disney's efforts to turn its streaming business profitable. Cost Savings: Annualized cost savings, especially in streaming. Theatrical Releases: Several theatrical releases from iconic franchises. Bullish Sentiment: Positive outlook on Disney's streaming and entertainment business. 🚀 Trade Strategy: Entry: Above $84.00-$85.00 range. Upside Target: $124.00-$126.00. Profitable Streaming: Anticipation of profitability in Disney's streaming business. 📉📈 Note: Monitor Disney's streaming revenue and upcoming releases for trade decisions. 🔄💹 #Disney #TradeAnalysis #StockMarket 📊🚀
NYSE:DISLong
by Richtv_official
ROKU is pulled back for re-entryROKU has been downtrending in a retracement of the uptrend from late May to mid June. On the 2H chart, price has fallen from the top of the fair value zone the bottom of the fair value zone. The zone is the area between the VWAP bands of the anchored VWAP. Institutional buyers prefer to buy in either the under valued zone or the lower portions of the fair value zone and then in turn sell high in that zone or above it in the over valued zone. The RSI indicator shows RSI to have descended into the oversold zone where RSI is about 20. On the volume profile price has descended into the high volume area where increased trading volume will support price and likely push a reversal.
NASDAQ:ROKU
by AwesomeAvani
1
ROKU Reverse H & S setup LongROKU trended up paradoxically from less than a fairly weak earnings report about November 1 '23 and then reversed into a trend down into the support of the 0.382 and 0.5 Fib levels in a retracement. Price is now forming a head and shoulders pattern having found that support. It is above the POC line on the evolving POC and high volume area. Based on the latter, I believe that it now has room for the upside to $104 for about 18% potential. With a stop at $84 below the POC line, I see this as a safe play in the areas of technology and multi-media at a lower price than NFLX and Disney.
NASDAQ:ROKULong
by AwesomeAvani
1
Can NFLX trend higher ? LONGIn its past NFLX got through the Covid downturn with only a 10% correction, then went through a rise into a year of consolidation and finally another big trend up which reversed badly in Winter 2021. After a business model adaption and modification of subscriptions and password/account sharing protections, price has made great gains. On the weekly chart, a trend upward has been in place since July 2022. On the weekly chart, bigger ranged candles have been put in for two weeks. It seems that from here, while NFLX could rise heading toward a new all time high. On the other hand, just as it did in 2020 at a similar price level ( marked as # 1 and an oval around the price action), it could get range bound or consolidated ( # 2 marking the present.) The mass index indicator gives a hint that the trend will continue and not reverse. It is fluctuating in a mid-range without a hint of rising into the threshold and trigger zones. Notably in the 2021 downturn, the RSI and MACD ZL) signaled the reversal before the mass index. Those two indicators in the present show no hint of bearish divergence so far. Accordingly, for the time being, NFLX continues to be a long trade with 20% upside into the level of the all-time high ( discounting any effects of inflation and dollar devaluation in any of this which is very important overall but generally ignored).
NASDAQ:NFLXLong
by AwesomeAvani
Earnings Beat and Epic Game Partnership Drive Disney Stock SurgeIn a strategic leap into the gaming universe, The Walt Disney Company ( NYSE:DIS ) has stunned investors and enthusiasts alike with its latest announcement of a staggering $1.5 billion investment in Epic Games, the mastermind behind the global sensation Fortnite. This landmark partnership promises to reshape the landscape of entertainment, ushering in a new era of collaboration between the realms of gaming and beloved Disney franchises. The excitement reverberated through the markets as Disney ( NYSE:DIS ) shares soared by an impressive 7% in premarket trading following the release of its first-quarter earnings report. Despite revenue remaining steady year-on-year, the company surpassed earnings expectations with an impressive $1.22 per share, outperforming forecasts by a significant margin. CEO Bob Iger's revelation of Disney's ( NYSE:DIS ) foray into gaming represents a bold step forward, marking the company's most significant investment in the sector to date. With this substantial stake in Epic Games, Disney aims to harness the immense popularity of Fortnite and leverage its vast array of intellectual property, spanning Disney, Pixar, Marvel, Star Wars, and Avatar, to create captivating new gaming experiences. The collaboration between Disney ( NYSE:DIS ) and Epic Games holds boundless potential, offering fans the opportunity to immerse themselves in a rich and expansive gaming universe teeming with beloved characters and iconic settings. From pulse-pounding adventures to imaginative worlds, the possibilities are limitless as two entertainment giants join forces to push the boundaries of interactive entertainment. But Disney's ( NYSE:DIS ) ambitions extend far beyond the realm of gaming. The company's visionary roadmap includes the launch of an ESPN streaming service slated for 2025, further expanding its digital footprint and captivating sports enthusiasts worldwide. Additionally, Disney+ subscribers can look forward to an exclusive version of Taylor Swift's Eras Tour movie, adding yet another dimension to the platform's diverse content offering. Despite challenges in its Parks business and a decline in linear television, Disney's ( NYSE:DIS ) steadfast commitment to innovation and strategic growth initiatives has garnered support from investors and analysts alike. Ben Barringer, a technology analyst at investment manager Quilter Cheviot, lauded Disney's stable revenue and effective cost management strategies, underscoring the company's resilience in navigating a rapidly evolving entertainment landscape. Conclusion: As Disney ( NYSE:DIS ) sets its sights on a future brimming with possibilities, the partnership with Epic Games serves as a testament to its unwavering dedication to captivating audiences across every conceivable platform. With creativity as its compass and innovation as its engine, Disney continues to redefine the boundaries of storytelling, leaving an indelible mark on generations to come.
NYSE:DISLong
by DEXWireNews
DIS The Walt Disney Company Options Ahead of EarningsIf you haven`t bought the dip on DIS before the previous earnings: Then analyzing the options chain and the chart patterns of DIS The Walt Disney Company prior to the earnings report this week, I would consider purchasing the 95usd strike price Puts with an expiration date of 2024-4-19, for a premium of approximately $3.45. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:DISShort
by TopgOptions