Needham keeps Buy rating on Walt Disney stock at USD 125.00

Published on 10/12/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal third-quarter revenue rose 7.00 percent to USD 25.25 billion. Walt Disney stock costs EUR 96.67 in trading on October 12, 2026.

Key points in brief

Needham kept a Buy rating and a USD 125.00 price target on October 9, 2026.
Fiscal third-quarter revenue rose 7.00 percent year over year to USD 25.25 billion.
Walt Disney stock was EUR 96.67 at Lang & Schwarz on October 12, 2026, at 11:53 a.m. CEST.
The next earnings release is expected on November 12, 2026.

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Walt Disney (ISIN US2546871060) was trading at EUR 96.67 at Lang & Schwarz on October 12, 2026, at 11:53 a.m. CEST. On October 9, 2026, Needham kept a Buy rating and a USD 125.00 price target, according to Markets Insider.

Streaming supports the target

Needham described streaming as a meaningful revenue and profit contributor in its October 9, 2026 research note. The same note linked Disney's newer cruise ships to additional capacity and higher pricing, giving the analyst a business-specific reason for the USD 125.00 target.

The target is set against Walt Disney's latest reported quarter. Zacks reported that fiscal third-quarter revenue rose 7.00 percent year over year to USD 25.25 billion, while adjusted earnings per share increased 28.00 percent to USD 2.06 from USD 1.61.

Three dated signals for Disney

On August 5, 2026, Disney reported fiscal third-quarter adjusted earnings per share of USD 2.06, above the USD 1.88 consensus estimate, according to Zacks. On October 5, 2026, Raymond James lowered its price target from USD 120.00 to USD 119.00 while keeping an Outperform rating, as reported by Investing.com. Needham's October 9, 2026 target followed those earlier signals.

What supports the next results?

Experiences revenue rose 10.00 percent year over year to USD 9.97 billion in fiscal third-quarter 2026, while segment operating income increased 20.00 percent to USD 3.02 billion, according to Zacks. Entertainment segment operating income rose 64.00 percent to USD 1.68 billion, showing why streaming profitability matters to the analyst case.

Next reporting date

Zacks lists November 12, 2026, as the expected date for Disney's next earnings release. Its estimate for the September 2026 quarter is USD 1.68 in earnings per share.

Disney stock and market value

Walt Disney stock was trading at EUR 96.67 at Lang & Schwarz on October 12, 2026, at 11:53 a.m. CEST. The primary listing is on the NYSE, where the finance quote showed USD 108.05 on October 9, 2026, with a market capitalization of USD 187.6 billion and a 52-week range of USD 92.19 to USD 117.09.

The further course of trading is shown by the continuously updated real-time quote of Walt Disney stock.