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Disney

Walt Disney Company | Fundamental Analysis - Opportunity ? 🔔he Walt Disney Company ended the second fiscal quarter with 103.6 million subscribers to its streaming service Disney+. Although that was more than double the number in the same quarter last year, analysts had expected Disney+ to have 109 million subscribers at the end of the quarter. The stock has dropped sharply since the earnings report was released and is now down 4.3 percent year-over-year. Investors are probably questioning if Disney is still a good investment. Here are some important points from the Q2 results that hint that the House of Mouse is doing well and the current decline could be a good buying opportunity. Disney was already actually set to frustrate investors after Netflix missed its own subscriber forecast in the quarter ended March. There was a strong surge in subscribers to streaming services during the pandemic, which may take a quarter or two to level off. Nevertheless, there were lots of aspects in the earnings report meaning that Disney+ is still on track to meet its long-term subscriber goal. For instance, CFO Christine McCarthy said that Disney "grew subscribers faster in the last month of the second quarter than in the first two months." And that's in spite of the first price increase for Disney+ since launch. Covering the near-term outlook, CEO Bob Chapek said: "We're on track to reach our forecast of 230 million to 260 million subscribers by the end of the fiscal year 2024." Even after price increases last quarter, Chapek said that "we haven't seen a significant increase in subscriber churn after price increases in region." The company anticipates subscriber growth to be greater once content production returns to full capacity. Chapek said that "the anticipation for the new Marvel series "Loki," which will be released June 9, is off the charts." Don't forget that Disney has racked up more than 100 million subscribers without using the deep pipeline of Star Wars and Marvel content that company executives announced in a December presentation to investors. As the company adds more content from these powerful franchises, the number of subscribers should increase. Disney's average revenue per user (ARPU) fell 29% to $3.99 during the quarter. It, of course, contrasts with Netflix's 6% annual growth in the last quarter. But there's more to it than that. The drop in ARPU is due to the launch of Disney+ Hotstar in India, which brings in less revenue per user than Disney+ in other markets. Excluding Hotstar, Disney+'s ARPU would have been virtually unchanged at $5.61. "As we move into the rest of the year, we should start to feel the positive effect on Disney+ ARPU from the price increases we have undertaken around the world," McCarthy said. Of course, theme parks are still an important part of Disney's business, with revenue of $26 billion in fiscal 2019. Revenues from Disney's parks, attractions, and products fell 44 percent year over year this quarter. But that's an improvement over the 53% drop in the previous quarter. Company executives said more good news during the earnings call. "At Walt Disney World, attendance trends continued to improve steadily throughout the second quarter, and guest per capita spending was up again by double digits from the previous year," McCarthy said. Disneyland Resort opened on April 30, and management is "very enthusiastic" about the response from guests. It's hard to say where the stock will move in the short term, but Disney franchises are some of the most valuable in the entertainment industry. It's safe to say that once Disney adds more content from its top brands on Disney+ and the rest of the business fully recovers from the pandemic, the stock price will likely trade higher than it does now. So, yes, you could consider the price decline a good buying opportunity. Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Have a Good Day trading !
NYSE:DISLong
by FOREXN1
10
DIS ER Run Up!$DIS 4HR Chart ... FA & TA After a stunning growth in Disney's Disney+ subscription, surpassing just over 100 Million subscribers from its 2019 launch, what more does Disney have in-store? It is evident with vaccines rolling out and states changing public health & safety mandates, people are itching to get out and enjoy in-person activities. This has caused streaming services to take a hit, such as $NFLX as they only harbored nearly 4 million subscribers (2 million less than expected). Luckily for Disney investors, we can hope to see some positive insight with Disney Parks and Cruises. Although cruises are still halted, some parks have been open with Covid restrictions, so perhaps this may the first step on the track to profitability. For potential new investors, the current price may be less attractive due to it still being near ATHs, so it's possible we see some selling pressure to see 158-170 price levels (discount, BUY!) for long term buyers to flourish in. It would be wise to sit sideline and let this upcoming earnings give some direction... Now, DIS has been consolidating within a price range of 178-191 for the past month and with earnings coming up this can potentially see some strength to breakout the current descending triangle. Over 190.50 would indicate some strength and a reversal to retest ATH. However, there is still some downtrend resistance to clear, so we could see a rejection/ false breakout over that resistance line (orange) and head down to 178.70-179 level. Under 178 would invalidate this idea. Initial Entry: 185 Breakout Entry: 190.50 Target: 195+ Contract Ideas DT/ SW DIS 185C 5/14| 5/21 DIS 190C 5/21 DIS 195C 5/21
NYSE:DISLong
by jUiCE_Trades
Analyzing the current situation on Disney (DIS)Today, we will take a look at the DIS chart: A) The price is above a broken ascending channel which tells us about a bullish trend that has been accelerating B) Finding Support on the cloned channel, we can see a clear corrective pattern (yellow lines) C) From a Technical Perspective, this type of structure after the breakout tends to show continuation movements as the previous impulse. D) The horizontal line is the activation level in which we consider our Analysis is active E) We are using Fibo extensions to get an idea of possible Targets F) The invalidation level is below the corrective structure.
NYSE:DIS
by ThinkingAntsOk
Dragonchain liftoff DRGN has been on a steady uptrend this year. Trey Rutledge, their person in charge of "special partnerships", is shilling hard. He says that their team has been in talks with the Biden administration and they said Dragonchain fits 9 categories for government use, in some categories they are the only choice. Strong fundamentals, maybe those Disney connections are at work. This is a good bet to make to see it tear to the top 100. Short term I expect to see 50 cents but I'm taking that last bottom as the start of a new impulsive wave to trace the potential Fib levels.
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by JohnReal
Disney Long (Believe the Mouse!) Been side trading in the 180-190 range for a couple of weeks, creating a wedge and we should see a upside soon. support region at the 50MA - 185.5 & 100MA 175. Long position due to; 1)COVID recovery play / hybrid business model consisting of traditional & streaming 2) strong vaccine push in the US, good for theme parks recovery 3) Growth potential thanks to Disney+ 4) Disney+ launch in aggressive marketing in ASEAN countries (655.51 million population) in 2021 (well received in SG and cheaper than netflix) www.marketing-interactive.com blog.seedly.sg Theme Parks around the world to recovery in order depending on vaccine play personal estimate. China (Shanghai), US (California /Florida), Hongkong; Japan & Europe last. Cable TV is dead, Netflix & Disney+ is the new wave. Catalyst for TP - 13 May earnings release TP High - 206 / Low 198 Disclaimer - This is purely for educational & discussion, Invest at your own risk.
NYSE:DISLong
by Furball_Machines
3
$DIS will break $200 in the very near futureWith the recent deal that Fox made with the NFL (go Niners), I believe that this makes Disney a lock to break all-time highs very soon. I have Disney on my 7 wonders of the stock market list (available upon request), so not only is this a safe bet regardless of securing NFL TV rights, but this simply secures Disney's position for the long term as well. I believe that we will see a $220 DIS price for kickoff of the NFL season. Come back to see this post when that happens! Simple trend spot, once it breaks the downward sloping resistance, it will fly. Good spot to buy now, if not wait until first support and load up. Disney is not going anywhere folks... *Not a financial advisor. **Don't judge me on my winners. Judge me on my losers, because there are so few.
NYSE:DISLong
by kambach
2
Disney on the dailyDisney is looking prime for a push back to highs with tailwinds of news flowing in. Park reopening's are a bright spot in the push back to a bit of pre-pandemic normalcy and looking optimistic with strong streaming numbers continuing to reinvent the mouse. Technically we see Disney holding a macro uptrend even through recent market chop and a nice hold of the 50 SMA. Overhead resistance looks to begin near the 20 SMA and continue into the shaded zone where we have influx of volume creating areas of buyer side resistance. Today was a nice day to solidify a continuation to the upside, but as always overall market volatility can be a major factor in continuation of movement. In Moes we got in 2 days ago. Time for the mouse to give a little back from those outrageous ticket prices.
NYSE:DISLong
by TheTraderMoes