Citigroup Raises The Walt Disney (DIS) Price Target to $140
Citigroup maintains its positive stance on The Walt Disney Company while lifting its price target to $140, a 26.62% upside from the current price.
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Citigroup raised its price target on The Walt Disney Company ($DIS) to $140 from $135 on October 16, 2026, and rates the stock "Buy".
DIS
The Walt Disney Company
Key Points
- Citigroup reiterated its Buy rating on The Walt Disney Company on October 16, 2026, while pushing its price target up from $135 to $140.
- Citigroup's $140 price target implies 26.62% upside from The Walt Disney Company's ($DIS) current $110.57 share price.
- The entertainment giant trades recently near $110.57, sitting comfortably above its 50-day and 200-day moving averages.
- Other financial institutions have adjusted positions, with Charles Schwab Trust recently adding over 5,000 shares to its holdings.
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Citigroup is keeping a close eye on The Walt Disney Company, reiterating its Buy rating on October 16, 2026, while bumping up its price target.
Citigroup vs. the S&P 500
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Citigroup's Call on The Walt Disney Company
On October 16, 2026, analysts at Citigroup kept a Buy rating on The Walt Disney Company while raising the firm's price target from $135 to $140. The stock closed at $110.59 on the day of the announcement. This update reflects the firm's ongoing positive outlook for the entertainment leader's business segments.
Other Institutional Activity in The Walt Disney Company
Institutional investors continue to tweak their portfolios around the entertainment giant. Charles Schwab Trust recently picked up 5,136 shares, bringing its total holding to 5,136 shares worth about $538,766.
The Walt Disney Company Stock Up 1.4%
The shares recently traded around $110.57, staying above both the 50-day and 200-day moving averages. The stock remains below its 52-week high of $117.09 while holding well above its low of $92.19.
$DIS price target
The Walt Disney Company daily closes and this analyst's $140 target. Not advice.
Recent Earnings
The company generates solid numbers, with trailing-twelve-month revenue hitting nearly $98.86 billion and an EPS of $4.85. The next earnings update is scheduled for November 17, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
4 target raises vs 2 cuts.
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EPS & revenue
EPS beat estimates by 4.4%. Revenue beat estimates by 0.6%.
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Profit surprise
EBITDA missed by 7 percent. Operating income missed by 18 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
4 target raises, 2 target cuts.
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Earnings quality
Operating margin up 4.8 points. Positive free cash flow.
Earnings Call Summary
Disney reported 25.2 billion in revenue and 1.57 dollars earnings per share, beating analyst expectations. Streaming achieved 12 percent margins ahead of the 10 percent target, and parks revenue exceeded 10 billion dollars for the first time. CEO Iger highlighted 6.5 billion in global box office for 2025 and expressed confidence in both entertainment and experiences businesses driving future growth.
Guidance Disney reaffirmed full year guidance without raising numbers. The company aims for 10 percent streaming margins and expects theatrical releases like The Devil Wears Prada 2 and Toy Story 5 to drive entertainment profits in the back half of the year.
Neutral report. Results and guidance were close to expectations, with limited evidence of a reset either way.
Dividend
Disney rewards shareholders with an annual dividend yield of 1.36% and a modest payout ratio of 30.9%.
Insider Buying and Selling at The Walt Disney Company
Company insiders have made a few moves recently. Officer Brent A Woodford sold 7,238 shares on August 14, 2026, at an average price of $105.31 for a total value of $762,234. Fellow officer Paul M Roeder sold 3,596 shares on August 19, 2026, at $106.32 per share. Woodford also sold 3,618 shares on September 1, 2026, at $107.13.
Analysts Set New Price Targets
Wall Street firms remain mostly upbeat on the stock. Wells Fargo maintained an Overweight rating with a $132 target on August 6, 2026, moving up from $125. Guggenheim reiterated a Buy rating at $120 on September 28, 2026. Raymond James maintained an Outperform rating with a $119 target on October 5, 2026. Needham reiterated a Buy rating at $125 on October 9, 2026. Overall, the company draws a strong buy recommendation consensus from 32 analysts with a mean price target of $126.49.
About The Walt Disney Company
Headquartered in Burbank, California, The Walt Disney Company operates across entertainment, sports, and experiences worldwide. From theme parks and cruise lines to streaming services and movie studios, the company reaches millions of consumers globally.
Bottom Line
Investors will look toward the upcoming earnings report in mid-November for more clues on how the entertainment giant's streaming and parks divisions are performing. Wall Street continues to support the stock with favorable targets, though keeping track of broader market trends remains key.
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Source: Citigroup's rating change on $DIS (Oct 16, 2026). Written by software, not financial advice. How we make alerts