Walt Disney: Is Disney Stock Worth Buying Now?Walt Disney's Stock: A Look at its Recent Challenges and Future Prospects under New CEO Bob Iger
With a market capitalization of around $170 billion, Walt Disney is one of the largest entertainment companies globally. However, with its stock price down over 30 percent from last year, investors may be questioning the value of the company's stock.
After Bob Iger's departure as CEO in February 2020, Bob Chapek took over and pledged to continue Iger's successful path. However, Chapek faced many difficulties, leading to his departure in November 2022 and Iger's return to the CEO role.
Iger made key personnel changes and promised to streamline costs and give creative teams more decision-making authority. Under Chapek's watch, Disney+ saw exponential growth, with 164.2 million subscribers worldwide. Still, it wasn't profitable, and subscriber growth became increasingly difficult in recent quarters, leading to criticism from activist investor Nelson Peltz.
Disney lost 2.4 million Disney+ customers in the first quarter of fiscal year 2023, the first case of a shrinking subscriber base, prompting Iger to announce a plan to find $5.5 billion in savings in the coming years, including cutting $3 billion from the company's content division.
While Peltz withdrew his proxy challenge after Iger's announcement, some analysts are concerned that Disney's decision to cut content spending could jeopardize future revenue growth, especially as the company plans to appoint a new CEO by early 2025. The company has invested heavily in Disney+, spending around $33 billion in the last fiscal year, and some investors may worry about future growth.
However, the company still boasts a strong park business, with $7.4 billion in revenue in the first quarter, up from $5.5 billion in the previous quarter, and a diverse range of other assets. With Iger back at the helm, investors will be eagerly watching to see what steps the company takes next to address its streaming ambitions and navigate the challenging entertainment industry landscape.
WDP trade ideas
$DIS - #DIS looking like a reversal#Disney looks like it might have bottomed. There is a potential inverse head and shoulder that could form if the price reach $113.
Target 1 - $98
Target 2 - $103
Target 3 - $113
What do you think? Can it happen?
$dis long | $133 target$dis hit our zone.
daily rsi hit oversold.
looks really good here. expecting a push towards $133 over the next few months.
Longsetup for DIS - The Walt Disney CompanyNYSE:DIS
We saw a good amount of call options on Disney with a target of 105 for expiration in May 2023. I think the stock can also be an interesting longterm investment.
DIS has a particularly unique and powerful economic moat. Disney, is of course, known for its media franchises, studio capabilities, parks and direct to consumer streaming app, Disney+.
Disney’s brand is known around the world, and it is thanks to its brilliant flywheel. Children watch Disney movies and become familiar with characters, series, and movies. Their parents bring them to the parks where they have the time of their lives on rides while also meeting the characters from movies. Then they go home and watch Disney content, more connected to the characters than ever. When they grow older and have children of their own the cycle starts again.
Disney is creating content for the adults now too. With Marvel and Star Wars franchises, DIS can entertain the whole family. There are few if any businesses that have connected to people the way Disney has, and that recognition, and those timeless stories and characters are its economic moat.
Disney has been publicly traded since 1962, and its returns since then are astronomical. DIS stock has returned some 80,000% since 1962, which is 20% annualized over 60 years. Over the last 20 years, the performance has been strong as well, but a bit slower than the early years, compounding at about 10%.
Source: Yahoo finance
Buy Market: 93.00 $
Sell Stop Loss: 120.00
Sell Profit Target: 80.60
When the stock reaches 100.00 $ you can also move the stoploss to your entry price as a breakeven stop or use a trailing stop after reaching this level.
DIS AnalysisPrice playing out as analyzed last week, giving us a 8.68% move to the downside. I'm expecting price to follow the bearish order flow and continue the bearish move into the bullish POI at 88.07.
DIS // Fibo studyWe need to hold on at 0.236 level. Our second support point is 84.91. Those who want to buy from the resistance should look for a wedge close on the daily. Pay attention to the wedge resistance in the weekly time frame.
Disney: Fairy Tale Forest 🌲🌳🪄Disney is currently strolling through the dark green fairy tale forest between $103.29 and $88.41, where it should soon finish wave 2 in dark green. Afterward, the share should be enchanted enough to conjure a convincing upwards movement above the resistance at $122.50. There is a 38% chance, though, for Disney to leave the forest on the southern side, dropping below the support at $84.07. In that case, the course would develop a new low in the form of wave alt.II in light green first before starting the ascent.
DIS AnalysisPrice consolidated since my last analysis. Price is showing signs of change in character, but the order flow is currently very bearish. This could be a liquidity grab above 102.05 to go lower. I'm expecting price to continue lower if it breaks market structure to the downside at 97.42.
DISNEY - BEARISH CHANNELThe Walt Disney Company, one of the largest media corporations in the world, has been the subject of a wide variety of criticisms of its business practices, executives, and content. Currently having serious pressure in Florida from Governor De Santy's office, Disney might suffer a chain reaction of investors liquidating and limiting further losses. As politics drive the markets with the highest impact the asset might continue falling. The widening downtrend channel also confirms similar developments.
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An Introduction to Trading the Markets Part 3 - MANAGING YOUPart 3 of a 3 part Tutorial - Managing You. In this tutorial I help the beginner understand the different types of personality and to put in some tools to allow you to become a better trader. It's not an exact science, but if you can learn when to trade (and when not), if you learn how to manage the trade then you should have removed most of the 'noise' that can tempt the amateur to run their losses/cut their gains! But knowing your personality type can help enormously in generating consistent returns! Happy Trading
An Introduction to Trading the Markets Part 2 - MANAGING TRADESPart 2 of a 3 part Tutorial - Managing Trades. In this tutorial I help the beginner understand how to enter a trade; how to manage the trade and how to exit the trade. I cover stop buys and stop sells; stop losses and trailing stops. If you know when to trade (and when not), you'll learn how to run your gains whilst cutting your losses and generate consistent returns! Happy Trading
DISNEY BUYHi everyone, I hope this video helps explain my long trade in Disney. Support at 97.25 - so put in stop buy @99.30 with SL of 97.45 and Target of 110.15 with 1% equity at risk (so long of 456 shs). This isn't financial advice - please seek your own advice - just sharing my trade idea - safe trading!
DIS AnalysisPrice playing out according to my analysis last week, giving us a -2.47% change in price. We get a small reaction at the bullish POI at 101.13, but price is unable to break market structure to the upside. I'm expecting price to continue lower, following the lower timeframe order flow. Potential target for this down move is the bullish POI at 88.07.
DIS - Support @ anchored vwap + MA50pulled back to major support area after earning surprise
100 round number support
ma50 support
anc vwap
dis blow off top? | daily bear div presentdisney with a potential blow off top here. last 3 times we've tapped overbought, it's led to significant sell offs.
been in over bought territory since the 23rd. now have a second daily bear div present. expecting a pull back to daily rsi eq. $100 seems reasonable, but long trigger should be the rsi eq tap.
$DIS with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $DIS after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 68.75%.
DIS to $101Disney is in a bearish trend and I believe will finish the shark pattern to $101.
Not financial advice, good luck to all :)
DIS AnalysisPrice playing out according to what I analyzed last week. No changes to my expectations, expecting price to head towards the bullish POI at 101.13 next. From there, we will see if there is a confirmation on the lower timeframe to push price higher.
Disney Short Disney play pre-earnings on Wednesday. Overbought, likely rejection of resistance there. If Amazon & Apple's earnings are any indication, big tech are in trouble.
DIS MAR10 110/MAR3 114 DIAGONAL CALLBull Pull Back Set Up:
Disney made a new swing high on the 9th of this month and has since then pull backed to the 20 day with lower volume. 50 day is also rising and with the candlestick we had today, it triggered my entry.
Gonna give this 3 weeks to hit my target of 114. I'm thinking it's going to want to go test 113.50 again and possibly break through it.
So if it gets to 114 before the 3rd, I'll take off 50% of my position.
Come expiration date, if this trading at 114 or higher I'll close out the entire combo. If we are below 114 come the 3rd, I'll manage the 110 call.
If this falls lower, I'm set up for max loss risking only 2%.
DIS AnalysisPrice playing out nicely as analyzed last week. A confirmation to go lower was shown on the lower timeframe as we get price trending lower slowly. My expectations are unchanged, expecting price to continue lower with the target at the bullish POI at 101.13.
