Benchmark Sticks with 'Buy' Rating on Disney Amid Gaming Growth

Benchmark reiterated its 'Buy' rating on Walt Disney () stock following the company's D23 2026 event, where it highlighted Disney's growing video game business.

The gaming success contributes to Disney's overall revenue of $98.86 billion over the last twelve months, with a market capitalization of $189.97 billion.

Disney reported that its licensed games have generated an estimated $3.5 billion in annual consumer spend for each of the past four years, exceeding $4 billion in fiscal year 2025.

The company has also secured a multi-year deal to stream Formula E races globally on Disney+, ESPN, and ESPN+ across 144 territories.