Citigroup raises Walt Disney target to USD 140: Walt Disney stock falls 1.34 percent

Published on 10/19/2026 at 09:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Disney earned adjusted EPS of USD 2.06 in fiscal Q3. Walt Disney stock costs EUR 98.72, 1.34 percent below the Xetra close.

Analyst target and reporting date

Citigroup raised its Disney target to USD 140.00 from USD 135.00 on October 16, 2026.
Fiscal third-quarter adjusted earnings per share reached USD 2.06 versus a USD 1.86 consensus estimate.
Walt Disney stock trades at EUR 98.72 at 9:14 a.m. CEST at Lang & Schwarz on October 19, 2026, 1.34 percent below the Xetra close of October 16, 2026.
Disney will publish fiscal fourth-quarter and full-year 2026 results on November 17, 2026.

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Walt Disney (ISIN US2546871060) was trading at EUR 98.72 at Lang & Schwarz on October 19, 2026 at 9:14 a.m. CEST, 1.34 percent below the Xetra close of October 16, 2026 at EUR 100.06. Citigroup raised its price target for Disney from USD 135.00 to USD 140.00 on October 16, 2026, according to Markets Insider.

Citigroup sets USD 140 target

The higher target came with a Buy rating and was published ahead of Disney's fiscal fourth-quarter report. Markets Insider said Citi analyst Jason Bazinet expected fiscal 2027 consensus EBIT estimates to be 1 percent too low and viewed Disney as capable of achieving its adjusted earnings guidance.

What does the target change mean?

The valuation case rests on a stronger earnings profile, but the latest quarter also showed a limit to the bullish view. Disney reported adjusted earnings per share of USD 2.06 for fiscal third quarter 2026, above the USD 1.86 consensus estimate, while revenue reached USD 25.25 billion, below the USD 25.39 billion forecast. MarketBeat reported that quarterly revenue rose 6.8 percent year over year, while adjusted earnings per share increased from USD 1.61 in the comparable quarter.

Three dates shape Disney's setup

On August 5, 2026, Disney reported fiscal third-quarter adjusted earnings per share of USD 2.06. On October 12, 2026, the company announced its fiscal fourth-quarter and full-year results webcast for November 17, 2026. On October 16, 2026, Citigroup lifted its target from USD 135.00 to USD 140.00.

Next result date is November 17

The next dated corporate event is Disney's fiscal fourth-quarter and full-year 2026 results before the US market opens on November 17, 2026, followed by an 8:30 a.m. ET webcast, according to The Walt Disney Company.

Stock stays below the Xetra close

Disney's market capitalization was USD 190.9 billion on October 16, 2026. Its same-date 52-week range was USD 92.19 to USD 117.09, placing the latest US quote below the yearly high while the euro quotation remains below the Xetra close.

Walt Disney was trading at EUR 98.72 at Lang & Schwarz on October 19, 2026 at 9:14 a.m. CEST, 1.34 percent below the Xetra close of October 16, 2026 at EUR 100.06. The further course of trading is shown by the continuously updated real-time quote of Walt Disney stock.