Disney Stock Faces Mixed Sentiment Amid Hurricane Impact and Analyst Updates

The Walt Disney Company (NYSE: DIS) has been in the spotlight recently due to a mix of factors affecting its stock performance. One of the significant events was the impact of Hurricane Milton, which forced the closure of Disney’s Florida theme parks. According to recent reports, Disney has reopened and is assessing the damage after the hurricane, although analysts predict that the earnings for the fiscal year 2025 might take a hit due to this disruption.

On the analyst front, there has been a split in opinions regarding Disney’s stock. Piper Sandler initiated coverage of Disney with a Neutral rating, reflecting a cautious stance on the company’s future performance. In contrast, UBS forecasted mid-single digit EPS growth for Disney in FY25, indicating some optimism about the company’s financial outlook.

In addition to these developments, Disney has also made headlines with other business moves. The company announced a hike in ticket prices for Disneyland, a move that could impact revenue but also reflects the ongoing demand for its theme parks. Furthermore, Disney has collaborated with Macy’s on a holiday-themed initiative, which could boost its brand visibility and sales during the holiday season.

As of the latest trading data, Disney’s stock price has been relatively stable, with minor fluctuations. The stock is currently trading around $96.90, with a slight decline of 0.39%.