Disney Stock Rises on Streaming, Cruise, Parks Strength

Walt Disney Co. shares have surged to new highs, driven by strong performances across its streaming, cruise, and theme park divisions, prompting several analyst upgrades to Buy. Jefferies and Bank of America highlighted accelerating revenue in Disney's Parks and Experiences segment and the expansion of the cruise business with new ships, while streaming profitability continues to grow, with Disney+ and Hulu adding millions of subscribers. Guggenheim raised its price target citing cost efficiencies and robust sports advertising revenue, reflecting widespread Wall Street optimism about Disney's multi-faceted growth. Disney's streaming segment reported a significant jump in operating income and increased average revenue per subscriber following price hikes, maintaining profitability since August 2024. Analysts emphasize Disney’s diverse portfolio, including upcoming Marvel releases and ESPN's direct-to-consumer launch, as key drivers for sustained revenue and margin improvements. The stock's technical indicators also suggest momentum that could extend into upcoming earnings reports.