Disney+ Finally Turned Profitable. The Stock Hasn’t Caught Up Yet.

Key Takeaways for Walt Disney Stock as of July 2026

• Twenty-seven of the 32 analysts covering Disney stock rate it buy or outperform, against two holds, two no-opinions and one sell, with the mean target at $130 pointing to 30% upside from $100.
• By September 2030, TIKR’s mid-case model puts Disney stock’s target price at $127, a 28% total return with 6% annualized growth over 4.2 years.
• Disney+ and Hulu’s SVOD margin turned double-digit for the first time on May 6.

See how Disney stock’s 30% gap to the Street’s $130 target stacks up against its own EBIT trajectory. Explore the full estimates and model on TIKR for free →

Disney Stock’s Fiscal Q2 Marks D’Amaro’s CEO Debut and a Streaming Margin Milestone

The Walt Disney Company (DIS) reported fiscal second quarter 2026 results on May 6, the first earnings call under new CEO Josh D’Amaro.

DIS Stock Q2 2026 Earnings in USD (TIKR)

Revenue climbed to $25.17 billion, up 7% from a year earlier, and total segment operating income grew 4%, both ahead of management’s own guidance. Underneath that print, Disney’s EBIT reached $4.60 billion, up 4% from a year earlier, with the EBIT margin at 18%.

Beneath the headline number, the entertainment streaming segment did the heavy lifting. Entertainment SVOD revenue growth accelerated to 13% in the quarter, up from 11% in fiscal first quarter, with subscription gains coming from both pricing and volume alongside double-digit advertising revenue growth.

CFO Hugh Johnston addressed the segment’s profitability turn directly on the Q2 earnings call: “We’re proud to hit double digits this quarter.” That margin crossing came alongside continued gains in the integrated Disney+ and Hulu bundle, which management credited for stronger retention.

Disney Experiences also posted a second-quarter record, with revenue up 7% and segment operating income up 5%, even as domestic park attendance slipped 1% on lapping headwinds tied to international visitation and a competing park opening in Orlando. Management expects domestic attendance trends to improve in fiscal third quarter as those headwinds ease.

Management framed the quarter as evidence that its “One Disney” strategy, tying streaming, sports and parks to a single fan relationship, is starting to compound. The company reiterated its guide for 12% adjusted EPS growth in fiscal 2026, excluding the 53rd week, alongside an $8 billion buyback authorization already underway.

That guide, and the streaming margin milestone sitting inside it, is the backdrop against which Wall Street is now weighing Disney stock’s next move.

Dig into the segment data behind Disney+ and Hulu’s first double-digit operating margin quarter. Pull the full breakdown on TIKR for free →

Wall Street Stays Bullish on Disney Stock Even as the Mean Target Holds Near $130

Street Analysts Target for DIS Stock (TIKR)

Twenty-seven of the 32 analysts covering Disney stock rate it buy or outperform, with just two holds, two no-opinions and one sell rounding out coverage. The mean target sits at $130, in line with a median of $130, pointing to 30% upside from the current $100 price. That mean has held roughly flat since March even as the stock swung between a 52-week high of $125 and a low of $92 over the same stretch.

Wall Street Expects Disney Stock’s EBIT Margin to Push Past 20% in Fiscal Q3 2026

DIS Stock EBIT and EBIT Margins Trajectory (TIKR)

Disney’s EBIT reached $4.60 billion in fiscal second quarter 2026, up 4% from a year earlier, with the EBIT margin at 18%.

Consensus estimates put EBIT at $5.16 billion in fiscal third quarter 2026, a 13% increase that would push the margin to 20%.

Growth then eases. Fiscal fourth-quarter 2026 EBIT is projected at $4.92 billion, a 41% jump against a soft year-ago base, before slowing to 13% in fiscal first quarter 2027 and just 5% by fiscal second quarter 2027.

Bulls point to that 41% fourth-quarter jump as proof the margin build is durable. Bears counter that growth slows to just 1% by fiscal third quarter 2027, once the easy comparison fades.

TIKR’s $127 Target on Disney Stock Holds if the Parks Buildout Keeps Compounding

TIKR’s mid-case model values Disney stock at $127 by September 2030, a 28% total return from the current price of $100, or 6% annualized over 4.2 years.

DIS Stock Valuation Model Results (TIKR)

That annualized pace lands below Disney’s own double-digit adjusted EPS growth guide, positioning the stock as a steadier compounder than a re-rating story.

The case for reaching that target rests on the EBIT trajectory already visible in the print: streaming crossing into double-digit margins and Experiences delivering a second-quarter record despite park-attendance softness.

Run your own scenarios against TIKR’s $127 target and 28% projected return on Disney stock. Build the model on TIKR for free →

Should You Invest in The Walt Disney Company?

The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question.

Pull up The Walt Disney Company stock and you’ll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down.

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