Goldman Sachs Reiterates Its Buy Rating on The Walt Disney Company (DIS) with a $152 PT

The Walt Disney Company (NYSE:DIS) is one of the 13 Safest Stocks to Invest in Now, supported by hedge fund interest and significant return on equity.

Ahead of the entertainment behemoth’s next earnings announcement, Goldman Sachs reiterated its Buy rating on The Walt Disney Company (NYSE:DIS) on September 29. The bank is still targeting a price of $152. Stronger-than-expected Direct-to-Consumer EBIT and domestic parks performance are the main drivers of the investment bank’s $1.19 EPS forecast, which beats the Visible Alpha consensus of $1.04.

Furthermore, for fiscal 2025-2028, Goldman forecasts a 13% EPS CAGR, citing operating leverage, cruise ship additions, and streaming growth. The Walt Disney Company (NYSE:DIS)’s trajectory as a superior earnings compounder is emphasized by bulls, but issues with vacation demand, cruise delays, and fewer streaming disclosures still exist. However, given the short-term improvement in earnings, the shares’ price is still attractive.

With operations in media networks, streaming, theme parks, resorts, and cruise lines throughout the Americas, Europe, and Asia Pacific, The Walt Disney Company (NYSE:DIS) is a multinational entertainment company. It is one of the Safest Stocks To Buy.

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