MAR 08 2021

$201.91 (Maximum)

MAR 23 2020
$ 85.76 (Minimum)
  Shares of Walt Disney dropped 22.9% in value
through the first six months of the year. It was far
worse at one point, with the stock down more  
than 36% year to date in late March.
 Disney had a busy start to the year with the
growth of Disney+ and the introduction of new 
CEO Bob Chapek in late February. Then
everything came to a screeching halt in March
Why Walt Disney Stock Fell because of COVID-19: Disney closed its theme
23% in the First Half of 2020 ? parks and retail stores, stopped cruise ship
sailings, and delayed its upcoming movie
releases. With much of the business shut down,
the stock fell sharply before rebounding in April.
 The company estimated that COVID-19 cost its
parks, experiences, and products segment $1
billion in operating income. The total impact on
operating profit across the business was $1.4
billion.
 Disney was also forced to delay, cancel, or shorten
theatrical releases.
 Due to lockdowns in almost all major cities
over the globe, film shooting has been halted
while amusement parks have been shut for
months. The company’s traditional key
revenue sources – theatrical, theme parks, etc.
– has come to a virtual stop due to the
pandemic. Additionally, the cord-cutting has
led to a drop in Cable TV and advertising
demand.
 Disney Stock Reaches Its All-Time High 
  Stock rising more than 125% and having touched its all-time high in early
March 2021 (reached $200 level on 8th March 2021).

 While its theme parks and cruise businesses got hit, the entertainment
giant found success with its Disney+ streaming service.

 Company focused on streaming, with Disney+ having a subscriber base of 95

million in just one and a half years of operations. To put things in perspective,
Netflix  achieved a subscriber count of 200 million after a decade of operations;
at the current rate Disney is likely to reach the milestone is a much shorter time.

 With Covid-19 vaccinations on the rise, Disney’s theme parks have seen a pick-
up in attendance in the second half of 2021. 

 The stock has been able to outperform the market due to an extremely strong
performance of its streaming business Disney+ as streaming demand has been
high during the pandemic.
Disney+ offers the latest and popular TV, movies and knowledge-based
content from the world.
Is Disney Stock A Buy Right Now, As It Tries To Rally?

 After being closed at various times during the past 21 months, all of Walt
Disney's (DIS) theme parks are now busy again. Some Disney cruises have
resumed. And Disney+ continues to offer hit shows and new movies.

 It's been a wild ride on Wall Street since early 2020, as the stock market fell into a
bear amid the coronavirus crash. Disney stock got slammed as the Dow Jones
index company closed its theme parks and suspended Disney Cruise Line
departures.

 While its theme parks and cruise businesses got hit, the entertainment giant
found success with its Disney+ streaming service. And reopening movie theaters
are boosting prospects for box-office sales.
Walt Disney Co Stock Forecast, Predictions & Price
Target
 The 25 analysts offering 12-month price forecasts for Walt Disney Co have a median
target of 191.00, with a high estimate of 220.00 and a low estimate of 132.00.

 According to MarketBeat, analysts rated Disney stock a consensus 'buy', with 20 'buy'
ratings, six 'hold' ratings and zero 'sell' ratings as of the time of writing (10 February). Note
that analyst predictions are often wrong. Forecasts shouldn't be used as a substitute for
your own research. Always conduct your own due diligence before investing. And never
invest or trade money you cannot afford to lose.
Based on 19 Wall Street analysts offering 12 month price targets for Walt
Disney in the last 3 months. The average price target is $194.44 with a high
forecast of $229.00 and a low forecast of $165.00. The average price target
represents a 28.90% change from the last price of $150.85.
Based upon 17 Analyst offering ratings and forecast for Walt
Disney’s Share Price.
Conclusion