Walt Disney stock gets a lower Raymond James target
Published on 10/06/2026 at 17:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Walt Disney stock was trading at USD 103.92 on the NYSE on October 6, 2026 at 11:13 a.m. ET, up 0.30 percent from the prior close. Aktiencheck reported on October 6, 2026 that Raymond James cut its Walt Disney target from USD 120 to USD 119 while retaining an Outperform rating.
Target cut stays limited
The USD 119 target lies 14.5 percent above the October 6 reference price. The USD 1 reduction is a 0.8 percent change from the previous target, leaving the analyst rating unchanged.
The adjustment comes before Disney's fiscal fourth-quarter results and the outlook for fiscal 2027. That timing makes the next earnings release more important than the size of the target revision itself, because the new outlook will test the assumptions behind the updated valuation model.
Q3 growth sets the benchmark
Disney's fiscal Q3, reported for the period ended June 27, 2026, delivered USD 25.25 billion in revenue, up 7 percent year over year. According to Zacks on October 5, 2026, adjusted EPS reached USD 2.06, up 28 percent from USD 1.61 and above the USD 1.88 consensus estimate.
The operating picture was strongest in Experiences and streaming. In the fiscal Q3 call on August 5, 2026, Fortune reported that Experiences revenue reached USD 10 billion, 10 percent above the year-ago quarter, while Disney delivered a 13 percent SVOD operating margin.
Consensus remains above the stock
MarketBeat lists a Moderate Buy consensus from 21 analysts, with an average target of USD 128.06, a high target of USD 151.00 and a low target of USD 115.00. Using the October 6 price, the average target lies 23.2 percent above the stock.
The counterweight is uneven international demand. Disney management said in the August 5 call that Asia parks in Shanghai and Hong Kong faced weaker consumer conditions in fiscal Q3 and that this weakness continued into fiscal Q4, even as domestic park attendance rose 3 percent.
Disney stock trades below yearly high
Disney stock was trading at USD 103.92 on the NYSE on October 6, 2026, with a session range of USD 103.29 to USD 104.27 and volume of 1,229,879 shares. Its 52-week range was USD 92.19 to USD 117.09, placing the price 11.3 percent below the yearly high.
Walt Disney stock at a glance
- Company: The Walt Disney Company
- ISIN: US2546871060
- Ticker: DIS
- Trading venue: NYSE
- Price (as of October 6, 2026, 11:13 a.m. ET): USD 103.92
- Market capitalization: USD 180.5 billion (as of October 6, 2026)
- 52-week range: USD 92.19-117.09 (as of October 6, 2026)
- Sector / Industry: Communication Services / Entertainment
