Wall Road sees extra upside forward for Walt Disney after the leisure large’s fiscal fourth-quarter report due Thursday earlier than market open. Disney shares have taken a backseat to the broader market rally this yr, up about 5% yr thus far. Traders might be watching the report for any indicators of a turnaround at its experiences unit and continued progress at its streaming companies. In its fiscal third quarter, Disney’s earnings topped estimates, helped by streaming progress, anchored by its flagship Disney+ service, and better client spending at its theme parks. Nonetheless, income got here up quick. A number of analysts are optimistic about Disney’s projected earnings progress heading into fiscal yr 2026. Analysts stay bullish on the inventory with a consensus worth goal of $134.58, which suggests shares might see 16% upside forward, per LSEG. Of the 35 analysts protecting the inventory, 19 price it a purchase and 10 give it a robust purchase score. 5 analysts have a maintain score on shares, and one analyst charges it underperform. One analyst from Bernstein, Laurent Yoon, instructed shoppers that Disney inventory is a shopping for alternative for value-oriented buyers on condition that shares are buying and selling at a major low cost to the broader market. He famous that Disney shares have been range-bound between roughly $80 and $120 over the previous three years though the corporate has continued to develop earnings and may achieve this once more in fiscal years 2025 and 2026. “Regardless of the complicated narrative — [direct-to-consumer subscriber] progress, DTC margin restoration, ESPN-driven churn discount, and Parks cyclicality — the underlying earnings energy stays stable,” Yoon wrote in a Wednesday observe to shoppers. Check out what else high names on the Road are saying about Disney: Wells Fargo: Chubby score, $159 worth goal Analyst Steven Cahall resumed protection of Disney with an obese score in early October. Any readability on Disney’s administration succession plan may very well be the “ultimate vital merchandise for long-term buyers on the sidelines,” he mentioned. “We expect DIS’s property are rising + maturing, creating extra predictability in EPS upside that may engender a rerating. We count on stable execution and a near-term conclusion on succession,” Cahall mentioned in an Oct. 6 observe to shoppers. “We’re most bullish on Experiences: in FY27E, we predict it’s going to be 55% of OI and the #1 supply of upside for the medium time period.” Bernstein: Outperform score, $129 worth goal Yoon’s worth goal, which is under the consensus common worth goal from analysts polled by LSEG, suggests Disney shares have 12.3% potential upside. “What’s clear now could be that the valuation hole versus the market has widened whilst EPS has continued to outpace the market lately. We see potential to slim this hole heading into FY26 however administration might want to handle investor debates to construct confidence across the “three-body drawback” Disney continues to handle,” Yoon mentioned in his Wednesday observe, referring to Disney’s parks, direct-to-consumer streaming and linear networks companies. Morgan Stanley: Chubby score, $140 worth goal Morgan Stanley is notably bullish on Disney’s experiences enterprise, because the agency believes the rising presence of synthetic intelligence can enhance demand for premium reside experiences. “Our OW thesis for DIS shares displays the view that Disney’s portfolio of iconic manufacturers and franchises may be monetized at a degree that delivers double-digit compounding earnings progress for years to come back. In our view, this sturdy long-term progress isn’t mirrored in shares,” analyst Benjamin Swinburne wrote in a Sunday observe to shoppers. “We forecast accelerating income progress at Experiences and streaming (DTC), pushing their mixed earnings contribution to a brand new excessive of 70%.” Financial institution of America: Purchase score, $140 worth goal Financial institution of America believes that any replace to Disney’s fiscal yr 2026 steerage might be a “key driver of inventory efficiency.” It sees upside potential being pushed by Disney’s experiences companies because it launches two new cruise ships and expects progress in parks throughout the fiscal yr. “We mission F4Q will replicate secure underlying developments in Experiences and a profitability inflection in streaming … In Experiences, the launch of DIS’ new cruise ship, the Disney Journey, has been delayed from December 2025 till March 2026. Regardless of this, we stay bullish on the longer-term alternative in Experiences, with cruise ships particularly, driving a multiyear progress alternative. In promoting, Sports activities is a vivid sport and continues to see power relative to different classes, and the preliminary rollout of ESPN’s new DTC providers seems to be constructive,” analyst Jessica Reif Ehrlich wrote in a Sept. 30 observe to shoppers. Evercore ISI: Outperform score, $140 worth goal Analyst Kutgun Maral sees a lovely setup forward for Disney’s experiences unit, just like different analysts. “We stay bullish heading into Disney’s 4Q FY25 print, the place we count on one other wholesome quarter throughout each Experiences and DTC, alongside encouraging commentary on early contributions from the brand new ESPN streaming service,” Maral wrote in a Tuesday observe. “We additionally anticipate administration will information to double-digit adj. EPS progress for each FY26 and FY27, with the setup for FY26 wanting notably enticing given accelerating profitability throughout Experiences (new cruise ships, lapping final yr’s hurricane headwinds, and continued underlying momentum), DTC (streaming worth will increase, integration of Hulu and Disney+ tech stacks, and improved traction from the broader bundle now together with ESPN), and CSLO (which we count on to publish its strongest theatrical yr since FY19), in addition to the advantage of an additional week.”