Raymond James cuts Disney target to USD 119.00: Walt Disney stock sits 13.11 percent below it

Published on 10/07/2026 at 15:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 6.8 percent to USD 25.25 billion in fiscal third quarter 2026. Walt Disney stock costs EUR 92.46 on October 7, 2026 versus EUR 92.43.

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Walt Disney (ISIN US2546871060) was trading at EUR 92.46 at Lang & Schwarz on October 7, 2026 at 3:32 p.m. CEST, plus 0.03 percent versus the prior close of EUR 92.43. The latest analyst action came on October 5, 2026, when Raymond James lowered its Disney price target from USD 120.00 to USD 119.00 and kept an Outperform rating, as Markets Insider reported.

Raymond James trims its target

The new USD 119.00 target is 13.11 percent above the USD 103.40 last price on the NYSE at 9:37 a.m. EDT on October 7, 2026. That calculation uses the same US dollar basis for the primary-exchange quote and the analyst target, rather than comparing either figure with the euro quote.

onvista identifies the security as Walt Disney, ticker DIS, listed on the NYSE, and assigns it ISIN US2546871060. The finance quote put Disney's market capitalization at USD 179.6 billion on October 7, 2026, with a 52-week range of USD 92.19 to USD 117.09.

Fiscal third-quarter growth is uneven

Disney's fiscal third quarter ended June 27, 2026, produced total revenue of USD 25.25 billion, up 6.8 percent from the prior-year quarter. The finance statement also shows net income attributable to common shareholders of USD 2.64 billion and diluted earnings per share of USD 1.51 for the period.

Management's earnings-call remarks added an important split. As Fortune reported from the August 5, 2026 call, total segment operating income rose 21 percent and Disney Experiences revenue reached USD 10.00 billion, up 10 percent year over year. Global guests increased 4 percent, while domestic parks attendance rose 3 percent and per-capita spending advanced 4 percent.

Streaming remains the margin test

Streaming delivered a 13 percent SVOD operating margin in the fiscal third quarter, according to the same Fortune transcript. Management said it remained on track for double-digit streaming margins in fiscal 2026, excluding the effect of the 53rd week, while continued softness in Shanghai and Hong Kong parks was identified as a counter-factor.

TradingView lists November 12, 2026 as Disney's next earnings date and gives a fiscal fourth-quarter revenue estimate of USD 25.18 billion. For investors, the key comparison is now whether streaming margin progress and parks growth can offset the lower analyst target.

Euro quote holds above prior close

Disney was trading at EUR 92.46 at Lang & Schwarz on October 7, 2026 at 3:32 p.m. CEST, up 0.03 percent versus the Lang & Schwarz prior close of EUR 92.43 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Walt Disney stock.