-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month target by $15 to $130 using a wider equity risk premium and a forward TEV/EBITDA of 10.8x, below the three-year historical average at 12.2x or the five-year average at 19.1x. We increase our FY 26 (Sep) EPS estimate by $0.10 to $6.80 and FY 27's by $0.10 to $7.40 on projected revenue of $101.65B and $105.2B. We believe concerns about driving organic revenue growth and wider margins may ease following the solid results and outlook reported today. We believe DIS can generate wider margins from a combination of efficiency gains from capital investments across the businesses and disciplined spending on sports rights and entertainment (theatrical film). We are positive on the new CEO leadership, which we think will energize the company and lead it to embrace advanced technologies to fuel long-term growth and productivity. Management is focused on delivering profitable growth with margin expansion. We are confident DIS can deliver on this baseline plan with upside should macroeconomic conditions remain favorable.