Disney Stock Looks Cheap Ahead of Blockbuster Fall Season

As the summer blockbuster season winds down, Walt Disney (DIS +0.34%) shares have taken a hit, but experts say there are compelling reasons to buy in before year's end.

The stock has declined by 8% over the past year, but despite this drop in price, Disney's business continues to grow, with analysts predicting revenue will rise 12% in the fiscal fourth quarter, marking its first double-digit increase in more than three years.

One major catalyst for growth is the upcoming release of Avengers: Doomsday on December 18, which is expected to be a box office smash, following in the footsteps of other recent Disney hits like Toy Story 5 and Spider-Man: No Way Home.

The company's experiences segment has also been performing well, with new CEO Josh D'Amaro delivering strong results in his first full quarter at the helm. With a consistent track record of earnings beats, investors are optimistic that this trend will continue.