Goldman Sachs Bullish on Disney with USD 140 Target

Walt Disney's stock saw modest gains on October 6, 2026, with shares trading at EUR 92.34 on Lang & Schwarz, up 0.16% from the prior close. This follows a bullish outlook from Goldman Sachs, which set a USD 140 target for the stock, reflecting optimism about Disney's earnings potential across theme parks, sports, and other businesses. Guggenheim and Wells Fargo also provided targets of USD 120 and USD 132, respectively, offering investors multiple valuation perspectives.

The latest fiscal third-quarter results showed a 6.80% revenue increase to USD 25.25 billion, though this fell short of the USD 25.39 billion consensus estimate. Earnings per share, however, exceeded expectations at USD 2.06, surpassing the USD 1.86 estimate. The disparity between revenue and earnings performance highlights a key tension for investors as they weigh Disney's growth prospects against its recent financial outcomes.

On the NYSE, Disney's stock closed at USD 103.61 on October 5, 2026, remaining below its yearly high of USD 117.09. The company's market capitalization stands at USD 179.9 billion. The next earnings report, scheduled for November 11, 2026, will be critical in determining whether Disney can translate its earnings-per-share strength into broader revenue growth.