Disney Forecast Surges as Analysts Boost Earnings Estimates

Analysts at Erste Group Bank have increased their earnings per share (EPS) estimates for Walt Disney in FY2027. The new forecast of $7.48 per share is higher than their previous estimate and exceeds the current consensus estimate of $6.91 per share.

Disney's stock price has been rising due to strong business performance, with a 6.8% revenue increase year-over-year. The company has also reiterated its guidance for FY2026 and aims to spend at least $9 billion on buybacks.

Several analysts have upgraded their price targets for Disney in recent weeks, including UBS Group, Argus, Benchmark, Barclays, and Wells Fargo & Company. While some investors are concerned about the company's pricing strategy, which may be alienating long-time visitors, others see potential opportunities for growth through partnerships and new attractions.