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DIS

DIS

The Walt Disney Company
$111.83
+0.14% Oct 21 close
Communication ServicesS&P 500 Compare
1M3M6M1Y2Y
-17%-8%0%+9%+17%Oct 2025Oct 2026Apr 2026
DISSPY
1W
+2.6%
1M
+7.3%
3M
+16.6%
6M
+7.5%
YTD
-1.0%
1Y
-0.7%

Live chart

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What they do

The Walt Disney Company operates as an entertainment company in Americas, Europe, and the Asia Pacific. It operates in three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic.

Communication Services · Entertainment

For information only · Important disclosures

Grades vs sector

Momentum
43rd percentile in sector
C
12-1 return: -5.5%
Percentile within its GICS sector across the S&P 1500.
Growth
48th percentile in sector
C
Revenue growth (YoY): +6.8%
Percentile within its GICS sector across the S&P 1500.
Value
48th percentile in sector
C
Forward E/P: 6.8% · EBITDA/EV: 8.8%
Percentile within its GICS sector across the S&P 1500.
Profitability
44th percentile in sector
C
Profit margin: +8.7% · Return on equity: +8.0%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
 Momentum Top 15
ranked 376 of 499 · 12-month momentum -4.7%
 Momentum Blend
Not in the current book
 New Highs Growth
Outside this model's universe or screens
 Coteau Long Book
Not in the current book

News

More news
If Park Visitors Pull Back, What Happens To Your Disney Stock?
Trefis · 6h ago
Stock Market Today, Oct. 21: Netflix Cuts Ad Revenue Guidance, Stock Slides 5%
Nasdaq · 11h ago
Skydance Rallies 10% as Shares Rebound After Warrant Selloff; Spotify Eases, Disney Holds Steady
24/7 Wall St. · 13h ago
Netflix Sinks 7% as Soft Q4 Outlook Sparks Wave of Price Target Cuts; Spotify Slips, Disney Holds Steady
24/7 Wall St. · 19h ago
Netflix Stock Drops. Why Wall Street Is Still Worried After Earnings Beat.
Barrons.com · 23h ago

Key stats

Market value$193.1B
P/E (last 12 months)23.1
P/E (next 12 months, estimated)14.9
52-week range$92.19 – $117.09
Revenue growth (latest quarter vs a year ago)+6.8%
Dividend yield1.34%
Analyst consensusStrong Buy (32)
Average analyst price target$126.58 (+13%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Leans expensive
Model read-out from the numbers below, not advice. Score -2 (DCF counts double).
▼DCF (base case)below the price by 62%
▼Forward P/E vs sector14.9x vs median 11.0x
▲Piotroski F-score7/9
•Net debt / EBITDA1.7x
•Analyst target+13% (32 analysts)

Discounted cash flow

Bear
$21
-82%
growth 1% · disc. 12.3% · term. 2.0%
Base
$42
-62%
growth 6% · disc. 11.3% · term. 2.5%
Bull
$68
-39%
growth 9% · disc. 10.3% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 15% a year for 10 years.
Implied
+15%/yr
FCF, last 3 yrs
n/a
FCF, last 5 yrs
n/a
Revenue, last 3 yrs
+5%/yr
Revenue, last 5 yrs
+8%/yr
Same inputs as the DCF above: trailing free cash flow 8.3B, 11.3% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-27). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.42 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Communication Services

P/E (trailing)
sector median 18.8× · 61st pct
 23.1×
pricier
Forward P/E
sector median 11.0× · 61st pct
 14.9×
pricier
EV / EBITDA
sector median 12.2× · 33rd pct
 9.8×
cheaper
Price / sales
sector median 1.9× · 52nd pct
 2.0×
pricier
Price / book
sector median 2.3× · 36th pct
 1.8×
cheaper
FCF yield
sector median 8.2% · 33rd pct
 4.3%
pricier

Forward EPS $7.50 vs trailing $4.85 (+55% expected growth). Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO
$16.0B
as of 2026-06-27
vs a year ago
+0%
YoY
× TTM revenue
0.16×
coverage
24-09
24-12
25-03
25-06
25-09
25-12
26-03
26-06

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin
–
Operating margin
18.4%
FCF margin
8.4%
Net margin
8.7%
Return on equity
7.8%
Return on invested capital
8.8%
Net debt / EBITDA
1.7×
Current ratio
0.7×
Interest cover
-10.0×
Cash conversion (OCF/NI)
2.0×
Piotroski F-score 7/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✗ Gross margin improved✓ Asset turnover improved

Analysts

Mean target
$127
+13%
Analysts
32
Strong Buy
Range
$86–$144
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$94.4B$12.4B$10.1B
2024$91.4B$5.0B$8.6B
2023$88.9B$2.4B$4.9B
2022$82.7B$3.1B–
2021$67.4B$2.0B–
2020$65.4B$-2.9B–

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +4.5%.

Earnings

Next report: 2026-11-17 · before open · EPS est 1.69
24-1125-0225-0525-0825-1126-0226-0526-080.002.06
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-051.852.06+11.1%
2026-05-061.501.57+5.0%
2026-02-021.581.63+3.4%
2025-11-131.021.11+8.4%
2025-08-061.451.61+11.3%
2025-05-071.211.45+19.8%
2025-02-051.431.76+22.9%
2024-11-141.111.14+2.8%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$25.2B+6.8%
2026-03-31$25.2B–
2025-12-31$26.0B–
2025-09-30$22.5B–
2025-06-30$23.6B–
Analyst actions
Citigroup
2026-10-16 · main
Buy → Buy
PT $140
Needham
2026-10-09 · reit
Buy → Buy
PT $125
Raymond James
2026-10-05 · main
Outperform → Outperform
PT $119
Guggenheim
2026-09-28 · reit
Buy → Buy
PT $120
Wells Fargo
2026-08-06 · main
Overweight → Overweight
PT $132
Argus Research
2026-08-06 · reit
Buy → Buy
PT $134

Recent dividends

2026-06-30: $0.750 · 2025-12-15: $0.750 · 2025-06-24: $0.500 · 2024-12-16: $0.500 · 2024-07-08: $0.450 · 2023-12-08: $0.300 · 2019-12-13: $0.880 · 2019-07-05: $0.880
Insider trades
Woodford Brent
EVP, Control, Fin Plan & Tax · 2026-10-16
Sell
$319.0K
Woodford Brent
EVP, Control, Fin Plan & Tax · 2026-10-08
Sell
$381.0K
Woodford Brent
EVP, Control, Fin Plan & Tax · 2026-09-01
Sell
$387.6K
Roeder Paul M
Sr EVP and Chief Comm Officer · 2026-08-19
Sell
$382.3K
Woodford Brent
EVP, Control, Fin Plan & Tax · 2026-08-14
Sell
$762.2K
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Stats refreshed 2026-10-21 17:57:57 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

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Beta 0.9 · Oct 21, 2026