Walt Disney stock sees Goldman cut target to USD 140.00

Published on 09/29/2026 at 14:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Walt Disney stock has a USD 120.00 Guggenheim target after the September 28, 2026 review. Q3 revenue rose 7.00 percent to USD 25.25 billion, while adjusted EPS reached USD 2.06.

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Walt Disney stock, ISIN US2546871060, was at EUR 93.30 at Lang & Schwarz on September 29, 2026, up 0.48 percent versus the prior close of EUR 92.85. The latest analyst actions keep attention on Disney's earnings outlook after a stronger fiscal third quarter.

Goldman trims its target

According to Investing.com on September 28, 2026, Goldman Sachs lowered its Walt Disney price target from USD 144.00 to USD 140.00 and kept a Buy rating. The firm cited slightly lower EBITDA expectations while forecasting fiscal fourth-quarter adjusted EPS of USD 1.73 against Visible Alpha consensus of USD 1.66.

Goldman Sachs also projected fourth-quarter revenue of USD 25.43 billion and segment EBIT of USD 4.93 billion, compared with consensus of USD 4.85 billion, according to Investing.com.

Q3 growth shifts to streaming

Disney's fiscal Q3 2026 revenue increased 7.00 percent year over year to USD 25.25 billion, while adjusted EPS rose 28.00 percent to USD 2.06 from USD 1.61, according to Barchart. Cash from operations reached USD 4.90 billion, up 33.00 percent, while free cash flow rose 63.00 percent to USD 3.10 billion.

The operating mix explains why analysts continue to emphasize streaming economics. Entertainment revenue grew 6.00 percent to USD 11.30 billion, and Entertainment segment operating income jumped 64.00 percent to USD 1.70 billion, while SVOD operating income reached USD 712.00 million from USD 329.00 million, as Barchart reported. Experiences revenue rose 10.00 percent to USD 10.00 billion, but Sports operating income declined 17.00 percent to USD 858.00 million.

Analysts see different levers

Guggenheim reiterated a Buy rating and a USD 120.00 price target on September 28, 2026, citing Disney's ability to meet fiscal 2026 and fiscal 2027 EPS guidance, according to Investing.com. The split between Goldman Sachs' lower target and Guggenheim's unchanged target shows that streaming gains are being weighed against content spending, sports timing and softer Asian theme park attendance.

Disney stock trades in Europe

Walt Disney stock was trading at EUR 93.30 at Lang & Schwarz on September 29, 2026 at 2:37 p.m. CEST, up 0.48 percent against the Lang & Schwarz prior close of EUR 92.85 on September 28, 2026. The primary listing is NYSE, where the stock's 52-week range was USD 92.19 to USD 117.09 and market capitalization was USD 183.5 billion as of September 29, 2026.