Skip to content

Disney stock hits 1-year high; What’s next for DIS?

Disney stock hits 1-year high; What's next for DIS?
Ana Zirojevic

Following a dramatic year, during which Walt Disney Co (NYSE: DIS) witnessed ups and downs ranging from massive subscriber losses, actors and writers’ strikes, and cuts that made its streaming business more profitable, the company’s stock has recently made a massively bullish upturn.

As it happens, DIS shares first skyrocketed on February 8 after its CEO Bob Iger announced a $1.5 billion stake in Fortnite creator Epic Games, the launch of an ESPN streaming service in 2025, Taylor Swift’s Eras Tour movie on Disney+, and a Moana sequel this year.

The positive sentiment led to the stock’s further gains that culminated at $112.45, marking its highest price in more than one year, according to the recent chart pattern data observed by the stock market analytics platform Barchart in an X post published on February 16.

Disney stock price action analysis. Source: Barchart

Disney stock price analysis

In the meantime, the current price of DIS stock represents an increase of 0.8% on the day, an advance of 1.73% across the past week, as well as a whopping 21.95% growth over the previous month, while it has accumulated a 6.87% gain on its yearly chart.

Disney stock 3-month price chart. Source: Finbold

At the same time, Disney is outperforming 74% of all other assets in the stock market in terms of its yearly performance while also doing better than 77% of the 76 other stocks in the entertainment industry, recording positive trends both in the short and long term, making a new 52-week high.

In conclusion, all of the above factors are bullish for the price of DIS stock and could see it continue its gains in the future, and Wall Street experts agree, rating it as a ‘moderate buy’ during the last three months, and setting its average price at $115.50 for the next 12 months.

Buy stocks now with eToro – trusted and advanced investment platform

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Read Next:

Weekly Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts