Disney Just Got a Wall Street Pile-On: Three Firms Hike Price Targets After Q2 Crusher

"Disney delivered adjusted EPS of $1.57 on revenue of $25.17 billion, both ahead of expectations, with streaming operating income surging 88% and Experiences posting record fiscal Q2 revenues. The catalyst was a clean quarter that prompted three firms to raise price targets on Disney stock on May 7, each maintaining bullish ratings."

"Barclays analyst Kannan Venkateshwar raised the firm's target to $135 from $130, also keeping an Overweight rating on DIS stock. Venkateshwar expects steady operational improvement and asserts further share upside will require Disney's content engine to re-engage with the rest of the flywheel, the cycle where movies and TV drive park attendance, merchandise, streaming, and licensing."

"Guggenheim's Michael Morris lifted his Disney stock price target to $120 from $115 with a Buy rating. Morris cited broad-based strength across all three segments and management's decision to walk away from a planned $1 billion OpenAI Sora investment in favor of five internally identified AI use-case verticals."

Disney delivered adjusted EPS of $1.57 on revenue of $25.17 billion, surpassing expectations in fiscal Q2 2026. Streaming operating income surged 88% while Experiences posted record revenues. Three major Wall Street firms—JPMorgan, Barclays, and Guggenheim—raised their price targets following the earnings beat. JPMorgan increased its target to $139, Barclays to $135, and Guggenheim to $120, all maintaining bullish ratings. The company's multi-segment recovery thesis is gaining analyst traction. Disney stock has risen 15% over the past month, trading near $110. Analysts highlight the importance of Disney's content engine re-engaging with its broader business flywheel connecting movies, TV, parks, merchandise, and streaming.

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