The Walt Disney Company (NYSE: DIS) Stock Analysis: Price Target Hike and Strong Q2 Earnings

Font: Financial Modeling Prep  • May 07, 2026

• Investment bank Goldman Sachs raised its price target for Disney to $164.00, indicating a potential 51.87% upside for investors.
• The Walt Disney Company (NYSE: DIS) reported robust Q2 financial results, with revenue of $25.17 billion and adjusted EPS of $1.57, surpassing analyst expectations.
• Growth was primarily driven by the Experiences division and Entertainment streaming segment, despite a slight decline in the ESPN sports segment's income.

The Walt Disney Company (NYSE: DIS) is a global entertainment giant known for its theme parks, movies, and media networks. The company recently underwent a leadership change, with Josh D'Amaro taking over as CEO from Bob Iger. This transition occurs as Disney navigates a competitive landscape in both traditional media and the growing streaming market.

On May 6, 2026, investment bank Goldman Sachs raised its price target for Disney to $164.00, up from its previous target of $151.00. A price target is an analyst's projection of a stock's future price. With the stock trading at $107.99 at the time, this new target suggests a potential increase of 51.87% for investors.

This optimistic outlook is supported by Disney's strong second-quarter financial results. The company reported revenue of $25.17 billion, a 7% increase from the previous year. It also announced an adjusted earnings per share (EPS) of $1.57. EPS shows how much profit the company makes for each share of its stock, and this figure beat analyst expectations of $1.49.

The company's Experiences division, which includes its theme parks and resorts, set a new record with $9.5 billion in revenue. The Entertainment streaming segment also showed strong growth, with its operating income increasing by 88% to $582 million. However, the ESPN sports segment's income fell 5% to $652 million due to rising costs.

Following the earnings announcement, Disney's stock price increased by as much as 8.6%, as highlighted by The Motley Fool. This was the first report under the new CEO, who has guided for an approximate 12% growth in adjusted EPS for the 2026 fiscal year, signaling confidence in the company's future performance.