Disney Stock Forecast & DIS Price Predictions for 2024, 2025-2026 and Beyond

2024.03.28 2024.03.28
Disney Stock Forecast: 2024 and Beyond

Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/

Disney stocks have been a favorite among investors for decades. After all, The Walt Disney Company is a steady member of major US indices, such as the S&P 500 (it’s not included in the Nasdaq 100 index, however). 

Disney released the first-quarter figures of its broken fiscal year in February. It shows that the entertainment company was able to deliver a profit per share of 32 cents, while analysts had foreseen a loss. The turnover of $16.25 billion was also higher than the consensus expectation (15.9 billion).

Due to the coronavirus pandemic, cinemas are closed – thus, some people have converted their living rooms into home theaters so they can keep bringing their favorite television shows and movies.  To win its fierce rivalry with Netflix and HBO, Disney has spearheaded Disney + and plans to invest heavily in content as a weapon of battle. 

We have yet to see what 2024 will bring the DIS stock. We can already look at the Disney stock price prediction for this year and the long-term forecast, what the experts say, what the technical analysis looks like, and, of course, how this stock performed in the past.

The article covers the following subjects:

Main Takeaways: Disney Stock Forecast 2024-2030

• Financial Performance: Disney exceeded expectations with a Q1 profit and higher turnover, showcasing strong operational success.
• 2024 Stock Price Prediction: Analysts rate Disney stock as a “Strong Buy,” with price targets suggesting modest to substantial growth.
• Technical Analysis: Indicates a stable bullish trend, with potential for price growth before any corrections.
• Future Forecasts: Predictions for 2024 show a price range between $109 to $190. Long-term forecasts up to 2030 suggest potential growth up to $298.
• Influencing Factors: Key drivers include global media demand, gaming sector growth, competition, and piracy challenges.
• Investment Viability: Disney’s strategic focus and market position make it a potentially solid long-term investment, though market conditions should be monitored.

DIS Stock Price Today, Coming Days and Week

When forecasting Disney’s stock price, focus on company updates, entertainment sector trends, and broader market sentiment. Key areas include earnings reports, content release success, and theme park operations. Regulatory news, especially related to media and entertainment, is also crucial. Use technical analysis tools like Moving Averages and RSI for short-term trends.

Additionally, monitor global economic indicators and major events, as they can influence investor behavior and market dynamics, providing a well-rounded perspective on Disney’s stock in the upcoming days and weeks.

Disney Price Forecast 2024 – Expert Forecasts

The 2024 forecast for Disney’s stock (DIS) reflects a consensus “Strong Buy” rating based on analysis by 25 Wall Street experts. An average price target of $120.46 is posited, with a high estimate of $142.00 suggesting substantial growth potential. On the lower end, a target of $82.00 indicates caution amidst market uncertainties. The forecasted modest upside of 0.92% from the last recorded price points to a cautiously optimistic market sentiment for Walt Disney’s stock as a potential buy in the stock market arena.

LongForecast’s 2024 Forecast for Disney Stock Price

Price Range for 2024: $ 109 – $190 (as for March 27, 2024)

The EFA forecast anticipates Disney stock to commence 2024 at $112, reaching highs of up to $190, and concluding the year around $176, which marks a significant 57.1% year-over-year increase. This forecast portrays a bullish stance on Disney’s stock, acknowledging the likelihood of fluctuating prices but emphasizing an overall trend of growth. 

Source: Longforecast.com

CoinPriceForecast’s 2024 Forecast for Disney Stock Price

According to the Coin Price Forecast Center, Disney stock is on a trajectory to reach $154 by the middle of 2024 and $161 by the end of the year. This forecast underscores a strong optimism in Disney’s market performance, projecting a steady upward movement in stock price.

Source: CoinPriceForecast.com 

Disney Stock Technical Analysis

To make a more detailed forecast for the #DIS stock rate, we will conduct technical analysis on several time frames: H4, daily, weekly, and monthly.

Stochastic, MACD,  MFI (money flow indicator), MA Cross, and tick volumes will help us identify the current market phase, optimum support/resistance levels, and overbought/oversold areas.

Candlestick and chart patterns will help confirm the indicators’ trading signals. They will also determine better entry points and potential price reversal levels.

The most common patterns include Engulfing, Bearish and Bullish flags, Heads and Shoulders, Double Top / Bottom, and others.

To determine Disney stock price trends for this year, we need to identify the current trend on a monthly time frame.

Apparently, we see the Head and Shoulders pattern forming, which signals a price reversal on the top. The asset’s quotes have been moving within a downtrend since March 2021 after reaching an all-time peak of $203.00.

The price is presumably forming the right shoulder of the pattern, and a potential top is located between 121.94 and 137.88.

Before the price recovered from the level of 79.08, the Morning Star reversal candlestick pattern formed. The bullish Marubozu pattern indicates the short-term uptrend will continue up to the strong resistance area of 121.94.

Market participants show less interest in the asset as tick volumes have significantly decreased. However, the MFI indicator signals a steady money inflow, which is confirmed by a Bullish divergence. Besides, the MACD also signals a divergence, with its values moderately growing in the positive zone.

The Stochastic indicator has moved to the overbought zone, suggesting a potential price reversal to the downside. The short-term and long-term moving averages are gradually converging, signaling a possible downward price reversal.

The overall picture gives mixed signals for #DIS shares, with a high probability of a price reversal and a further decline.

#DIS Stock Forecast For Next Three Months

We will conduct technical analysis of the four-hour and daily time frames for a more reliable forecast for Disney shares.

A rising wedge has been forming on the H4 time frame since mid-February 2024. According to the pattern rules, the price has broken out the lower boundary of the wedge. A potential target is calculated using the pattern’s height. It’s support at 106.07 in our case.

After the Golden Cross pattern formed at the beginning of January 2024, the upward movement was almost exhausted, which is signaled by decreasing tick volumes. Also, the MFI and Stochastic values are in the overbought zone, signaling an upcoming price reversal to the downside.

The MACD indicator is declining in the positive zone, approaching the zero boundary.

Similarly, we can identify the Rising wedge pattern with an expected exit to the downside on the daily time frame. The asset’s quotes have formed the two Black Crows pattern that confirms selling pressure.

Besides, tick volumes are decreasing as the price is rising. The MFI indicator values are moving downwards from the overbought zone, indicating that buyer interest is fading and money inflow is declining.

The price will likely break through the lower border of the rising wedge shortly and reach 106.07. Then, it may consolidate in the range of 113.26-106.07 with a further closing of the gap down to the level of 99.09 and a likely fall to 79.08 within three months.

In an alternative scenario, the buyer may hold at 113.26-106.07 after liquidity accumulates and the price reverses up to 121.94-144.37.

Long-Term Disney Shares Technical Analysis for 2024

We will conduct technical analysis on the weekly time frame to identify the stock rate evolution this year.

The price has broken out the upper boundary of the Falling wedge pattern following its long formation on the weekly chart. According to the pattern rules, a projected target is at 121.94, where the price is currently heading for.

Pay attention to the formation of the Shooting Star pattern at around 113.26, which signals a downward reversal. The formation of the bearish counterattack pattern has served as a confirming signal. Sellers reduced the price just a bit, but this still signals the bulls’ fading potential. Stronger bearish reversal patterns are expected to form at around 121.94.

MACD is in the positive zone, declining moderately towards the zero border. The Stochastic values have been in the overbought zone since the beginning of February 2024, indicating a potential price reversal soon. According to the MFI, money flow is stable near the overbought area border.

The MA Cross formed a Death Cross pattern in early August 2022 and continues to produce a sell signal as the moving averages are diverging. 

Based on the research above, I have provided approximate maximum and minimum price values for 2024.

Long-term trading plan for Walt Disney Co (#DIS)

The asset’s price still risks declining to $100.00 per share throughout the year.

Trading plan for the next three months

• the key support levels: 113.26, 106.07, 99.09, 88.62, 79.08;
• the key resistance levels: 121.94, 129.91, 137.88, 144.37;
• the rising wedge pattern is expected to be broken out from above to below, with the nearest target at 106.07. Once the gap is closed, negative momentum may increase and drive the price to $99.09 and below.

Trading plan for 2024

• the key support and resistance levels are the same as in the 3-month plan;
• the asset’s quotes are currently heading for the expected target at 121.94 as per the falling wedge pattern on the weekly chart; then, a downward reversal is expected. Also, the asset’s price is likely forming the right shoulder of the Head and Shoulders pattern on the monthly chart; upon its formation, the trend may reverse down;
• the price will continue declining throughout the year and will hover at around 99.09 by year-end.

Disney Stock Price Prediction 2025

In this section, we will provide you with insights on the Disney Stock Price Prediction for 2025, where industry analysts unravel expectations for Disney’s financial journey and market positioning.

LongForecast predicts a positive trend for Disney stock in the first half of 2025. The forecast suggests a significant jump in June, peaking at a 114% increase. Volatility is expected, especially in the mid-year, where prices are projected to surge and reach a zenith in September at a 130% increase. However, a dip in October is also expected. The year will likely end on a high note, with December closing at 256, a 129% increase. These projections provide valuable insights for investors, enabling them to make informed decisions regarding investment in Disney stock.

Investors should keep a close eye on the surge in the middle of the year. This volatility could be utilized to gain profits. The trend indicates a bullish outlook for Disney stock in 2025, which could make it a lucrative addition to long-term investment portfolios. Traders may find opportunities in the predicted fluctuations, particularly around the mid-year peaks and subsequent corrections. Proper risk management and timing is the key to capitalizing on the anticipated growth and volatility.

Source: Longforecast.com (as for March 27, 2024)

CoinPriceForecast’s 2025 Forecast for Disney Stock Price

CoinPriceForecast provides an equally positive outlook, projecting Disney’s stock price to ascend to $184 by mid-2025 and close the year at $192. The forecast indicates consistent growth through 2025, with expectations set on Disney’s enduring appeal in the entertainment sector and its ability to adapt and thrive.

Source: CoinPriceForecast.com (as for March 27, 2024)

Long Term Disney Stock Forecast 2026-2030

Let’s dive into an expert analysis of the long-term Disney Stock Forecast for 2026-2030, with finance professionals offering deep insights into anticipated market trends and potential shifts in Disney’s stock performance.

CoinPriceForecast’s 2026- 2030 Forecast for Disney Stock Price

Price Range for 2026- 2030: $ 193 – $298 (as for March 27, 2024)

The forecast for Disney stock from 2026 to 2030 by CoinPrice Forecast portrays a promising future, with an anticipated start at $193 in mid-2026 and an impressive ascent to $298 by the end of 2030, culminating in a substantial +150% increase. This steady growth trajectory is highlighted by key milestones, such as an escalation to $236 by the end of 2027, demonstrating Disney’s resilient market position. As the predictions unfold, the stock is expected to continue its upward trend, reaching $285 by the end of 2029.

Source: СoinPriceForecast.com

LongForecast’s  2026-2030 Forecast for Disney Stock Price

LongForecast‘s 2026-2030 forecast for Disney stock indicates fluctuating yet promising trends. Starting in 2026, the stock is expected to open at $241 but sees a decline to $165 by May, before rebounding to $219 by June. A notable peak occurs in September at $262, matching the October close, signaling a strong recovery and a year-high. The forecast reveals a dip into 2027, with a gradual decrease to $149 by April 2028. Despite the volatility, significant highs and lows suggest a dynamic period ahead for Disney, with peaks surpassing 100% growth rates at times.

Source: Longforecast.com (as for March 27, 2024)

A Recent History of the Disney (DIS) Stock Price

Tracing the recent history of Disney (DIS) stock price reveals a journey marked by significant milestones and strategic shifts. Here’s an overview of the key events:

• End of 2019: Disney share price reached just above $150.
• March 2020: Price plummeted to $79 due to the pandemic, impacting amusement parks and film releases.
• First half of 2021: Disney announced 32,000 layoffs due to financial strain.
• Historical Context: Founded in 1923, Disney is valued at $122.18 billion, led by Bob Chapek.
• Diverse Business: Owns TV channels, a cruise line, and launched the streaming service Disney+.
• 2018 Acquisition: Disney acquired 21st Century Fox for $71 billion, expanding its content and gaining a majority in Hulu.
• Disney+: Launched in 2019, Disney+ saw rapid growth from 28 million subscribers in February 2020 to 73.7 million by September 2020.
• Strategy Shift: Focused on streaming, Disney faced criticism for premiering “Mulan” on Disney+.
• Streaming Growth: Disney aims to expand its streaming platforms, already hosting over 100 million customers across Disney+, Hulu, and ESPN+.

Factors that Can Affect the Disney Stock Price

Various factors influence the DIS stock price, essential for traders and investors to consider:

• Demand for Media: Global demand for television and video-on-demand is growing, with Disney positioning itself as a leader in online video content.
• Growth of Gaming: The gaming sector, particularly online games, is expanding, and Disney has invested significantly in this area.
• Piracy: Disney, like other media companies, faces challenges from piracy, impacting DVD sales and video-on-demand revenue.
• Competition: Despite its leadership, Disney competes in a highly competitive and aggressive entertainment industry.

How Did the #DIS Share Price Change Over Time?

We can’t predict with certainty what the price of one DIS stock will be in the next 10 years, but we can look back at the price history. This can help us make more reliable predictions. Below is a historical timeline that shows how the price of the DIS stock changed over the past 10 years: 

What is the Future Price of Disney Stocks? Are Disney Stocks a Good Investment?

The Walt Disney Company (DIS) stands as a compelling narrative of resilience and innovation. Looking ahead to 2024 and beyond, the Disney stock price forecast appears promising, buoyed by strategic diversifications and expansions in digital entertainment, theme parks, and international markets.

Are Disney stocks a good investment? Given the company’s historical performance, brand strength, and strategic initiatives, Disney stocks may be considered a solid buy for those looking at long-term growth. Investors should, however, closely monitor Disney’s ongoing and future ventures, as well as broader market conditions, to make well-informed decisions.

As we navigate through the uncertainties of the market, the Disney stock price forecast for 2024 illuminates a path marked by innovation and enduring charm. With careful analysis and a keen eye on emerging trends, Disney stocks present an intriguing opportunity for those looking to add a sprinkle of magic to their portfolio.

Price chart of DIS in real time mode