How to Trade Disney After Fiscal Q4 Performance

<p><a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-disney-q4-2023-earnings"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/Trade_idea_of_the_week_Disney-2.png" data- data- data-alt="Trade idea of the week Disney" data-height="376" data-width="800"><source type="image/webp" media="(min-width: 640px)" srcset="https://dynamic-images.admiralmarkets.com/720x,webp/fxmedia.s3.amazonaws.com/articles/Trade_idea_of_the_week_Disney-2.png"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dynamic-images.admiralmarkets.com/375x,webp/fxmedia.s3.amazonaws.com/articles/Trade_idea_of_the_week_Disney-2.png"></source></picture></a></p><p>Disney's latest fourth-quarter 2023 earnings results are the first under its new financial reporting structure set by CEO Bob Iger. The company's earnings are now segmented into three core business areas: entertainment, experiences and sports. Learn more about Disney's fiscal fourth-quarter performance and what the analysts are forecasting for the stock.</p><table border="1">
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<td><b><span>Stock:</span></b></td>
<td><b><span>The Walt Disney Co.</span></b></td>
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<td><span><b>Symbol for Invest.MT5 Account:</b></span></td>
<td><a href="https://admiralmarkets.com/instrument/the-walt-disney-co-dis" target="_blank" rel="noopener">DIS</a></td>
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<td><span><b>Date of Idea:</b></span></td>
<td>14 November 2023</td>
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<td><span><b>Time Line:</b></span></td>
<td>1 – 6 months</td>
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<td><span><b>Entry Level:</b></span></td>
<td>$92.00</td>
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<td><span><b>Target Level:</b></span></td>
<td>$122.00</td>
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<td><span><b>Position Size for Invest.MT5 Account:</b></span></td>
<td>Max 5%</td>
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<td><span><b>Risk:</b></span></td>
<td>High</td>
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</tbody>
</table><ul>
<li>The <a href="https://admiralmarkets.com/start-trading/admiral-invest-stocks-and-etfs" target="_blank" rel="noopener">Invest.MT5</a> account allows you to buy real stocks and shares from 15 of the largest stock exchanges in the world.</li>
</ul><div>
<div data-symbol="DIS" data-interval="D"></div>
<div>Source: <a rel="nofollow noopener" href="https://www.tradingview.com/" target="_blank"><span>TradingView</span></a>. Past performance is not a reliable indicator of future performance or results.</div>
</div><p><span>All trading is high risk and you can lose more than you risk on a trade. Never invest more than you can afford to lose, as some trades will lose and some trades will win. Start small to understand your own risk tolerance levels or practice on a </span><a href="https://admiralmarkets.com/start-trading/forex-demo" target="_blank" rel="noopener">demo account</a><span> first to build your knowledge before investing. </span></p><p><a href="https://admiralmarkets.com/instrument/the-walt-disney-co-dis" target="_blank" rel="noopener"><a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-disney-q4-2023-earnings"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/Trade_Disney-11.png" data- data- data-alt="Trade Disney" data-height="220" data-width="720"><source type="image/webp" media="(min-width: 640px)" srcset="https://dynamic-images.admiralmarkets.com/720x,webp/fxmedia.s3.amazonaws.com/articles/Trade_Disney-11.png"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dynamic-images.admiralmarkets.com/375x,webp/fxmedia.s3.amazonaws.com/articles/Trade_Disney-11.png"></source></picture></a></a></p><h2>Disney Fiscal Q4 2023 Performance</h2><p>Here are some of the key highlights from the latest fiscal <a rel="nofollow noopener" href="https://thewaltdisneycompany.com/disneys-fiscal-full-year-and-q4-2023-earnings-results-webcast/" target="_blank">fourth-quarter earnings report</a> from Disney: </p><ul>
<li>Earnings per share of 82 cents vs 70 cents expected </li>
<li>Revenue of $21.24 billion vs $21.33 billion expected </li>
<li>Net income of $264 million up from $162 million the same time last year </li>
<li>Total Disney+ subscribers: 150.2 million vs 148.15 million expected </li>
<li>Added 7 million new Disney+ subscribers in the last quarter </li>
<li>Decline in ad revenue from Disney's ABC Network </li>
<li>Increasing aggressive cost-cutting measures by an additional $2 billion </li>
</ul><p>Disney beat Wall Street's expectations on earnings per share and the number of total Disney+ subscribers. Investors tend to like it when streaming companies report more subscribers as it means more revenue. However, Disney isn't solely a streaming company as it has other assets in experiences and sports.  </p><p>Overall, Disney reported lower revenue figures than expected. Ad revenue was significantly lower due to less political advertising revenue, leading CEO Bob Iger to <a rel="nofollow noopener" href="https://www.cnbc.com/2023/11/08/disney-dis-earnings-report-q4-2023.html" target="_blank">state </a>they could be open to selling their TV assets. The stock popped higher on the news as investors prefer when companies offload non-performing assets.  </p><p>However, a major issue is that the drop in revenue is the second consecutive revenue miss for the company. It is the first time Disney has had a consecutive revenue miss since the beginning of 2018. This, among other factors, is why Disney announced another $2 billion of cost-cutting measures to bring the total target to $7.5 billion – a significant sum.</p><p>It highlights some underlying issues with Disney's current broad business model and something investors should take into consideration.</p><h2 aria-level="2">Disney Stock Forecast – What do the Analysts Say?</h2><p>According to analysts polled by TipRanks for a Disney stock forecast in the past 3 months, there are currently 18 buy, 6 hold and 1 sell ratings on the stock. The highest price level for a Disney stock forecast is $122.00 with the lowest price target at $71.00. </p><p>The average price target for a Disney stock forecast is $106.86.</p><figure><a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-disney-q4-2023-earnings"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/disney_stock_price_analyst_forecast.PNG" data- data- data-alt="disney stock price analyst forecast" data-height="423" data-width="1085"><source type="image/webp" media="(min-width: 640px)" srcset="https://dynamic-images.admiralmarkets.com/720x,webp/fxmedia.s3.amazonaws.com/articles/disney_stock_price_analyst_forecast.PNG"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dynamic-images.admiralmarkets.com/375x,webp/fxmedia.s3.amazonaws.com/articles/disney_stock_price_analyst_forecast.PNG"></source></picture></a>
<figcaption>Source: <a rel="nofollow noopener" href="https://www.tipranks.com/stocks/dis/forecast" target="_blank">TipRanks</a>, 14 November 2023</figcaption>
</figure><p> </p><h2 aria-level="2"><span lang="EN-GB" xml:lang="EN-GB" data-contrast="none"><span data-ccp-para>An Example Trading Idea for </span><span data-ccp-para>the <span data-ccp-para> Disney</span><span data-ccp-para> Stock Price</span></span></span></h2><p>An example trading idea for the Disney share price could be as follows:  </p><ul>
<li>Buy the stock on a break above the post-earnings high at $92.00 to allow for volatility. </li>
<li>Target just below the highest analyst price target of $122.00. </li>
<li>Keep your risk small at a maximum of 5% of your total account.   </li>
<li>Time Line = 1 – 6 months  </li>
<li>If you buy 10 Disney shares:  
<ul>
<li>If target is reached = $300.00 potential profit [($122.00 – $92.00) * 10 shares].</li>
</ul>
</li>
</ul><p>Remember that markets go up and down and it is unlikely the share price will move up in a straight line. In fact, it may even go much further down before it rises, especially considering the two consecutive revenue misses Disney has experienced.</p><p>Be sure to exercise good risk management and always know how much you could potentially lose on a trade and the risks involved, as well as the costs.</p><p>With the Admirals <a href="https://admiralmarkets.com/start-trading/admiral-invest-stocks-and-etfs" target="_blank" rel="noopener">Invest.MT5</a> account you can buy and sell US stocks with a commission from $0.02 per share. This means buying 10 shares in Disney stock would result in a commission of $0.20 ($0.02 * 10 shares) for executing a per-side transaction.</p><p>There is a low minimum transaction fee of $1. So, the example trading idea above would result in a commission of just $1 overall! </p><h2 aria-level="2"><span lang="EN-GB" xml:lang="EN-GB" data-contrast="none"><span data-ccp-para>How to Buy </span><span data-ccp-para> Disney</span><span data-ccp-para> Stock in 4 Steps </span></span><span data-ccp-props='{"201341983":0,"335559738":40,"335559739":0,"335559740":259}'> </span></h2><p><span lang="EN-GB" xml:lang="EN-GB" data-contrast="none"><span><span lang="EN-GB" xml:lang="EN-GB" data-contrast="none"><span><span lang="EN-GB" xml:lang="EN-GB" data-contrast="none"><span>With Admirals, you can buy shares in companies like Disney</span><span> with a low commission of just $0.02 per share and a low minimum commission of just $1 on US stocks. </span></span></span></span></span></span></p><ol>
<li><a href="https://admiralmarkets.com/signup" target="_blank" rel="noopener">Open an account</a> with Admirals to access the dashboard.   </li>
<li>Click on Trade on one of your live or demo accounts to open the web platform.   </li>
<li>Search for your stock in the search window at the top right to view the live price chart. </li>
<li>Click Create New Order from the bottom of the screen to open the trading ticket. </li>
</ol><figure><a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-disney-q4-2023-earnings"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/monthly_share_price_chart_walt_disney_admirals_mt5_web_platform.PNG" data- data- data-alt="monthly share price chart walt disney admirals mt5 web platform" data-height="496" data-width="1100"><source type="image/webp" media="(min-width: 640px)" srcset="https://dynamic-images.admiralmarkets.com/720x,webp/fxmedia.s3.amazonaws.com/articles/monthly_share_price_chart_walt_disney_admirals_mt5_web_platform.PNG"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dynamic-images.admiralmarkets.com/375x,webp/fxmedia.s3.amazonaws.com/articles/monthly_share_price_chart_walt_disney_admirals_mt5_web_platform.PNG"></source></picture></a>
<figcaption>Source: Admirals <a href="https://admiralmarkets.com/trading-platforms/webtrader" target="_blank" rel="noopener">MetaTrader</a> 5. Disney. Monthly. Date: Jan 2017 to Nov 2023, captured on 14 Nov 2023. Past performance is not a reliable indicator of future results or future performance.</figcaption>
</figure><p> </p><p>Click on the banner below to trade Disney stock today! ▼▼▼ </p><p><a href="https://admiralmarkets.com/instrument/the-walt-disney-co-dis" target="_blank" rel="noopener"><a href="https://admiralmarkets.com/analytics/traders-blog/trading-idea-disney-q4-2023-earnings"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/Trade_Disney-12.png" data- data- data-alt="Trade Disney" data-height="220" data-width="720"><source type="image/webp" media="(min-width: 640px)" srcset="https://dynamic-images.admiralmarkets.com/720x,webp/fxmedia.s3.amazonaws.com/articles/Trade_Disney-12.png"></source><source type="image/webp" media="(max-width: 639px)" srcset="https://dynamic-images.admiralmarkets.com/375x,webp/fxmedia.s3.amazonaws.com/articles/Trade_Disney-12.png"></source></picture></a></a></p><h2 aria-level="2"><span data-ccp-props='{"201341983":0,"335559738":40,"335559739":0,"335559740":259}'><span lang="EN-GB" xml:lang="EN-GB" data-contrast="none"><span data-ccp-para>Do You See </span><span data-ccp-para>the Disney Stock Price</span><span data-ccp-para> Moving Differently? </span></span><span data-ccp-props='{"201341983":0,"335559738":40,"335559739":0,"335559740":259}'> </span> </span></h2><p>Remember that all analytics and trading ideas are based on the personal view and experience of the author.</p><p>If you believe there is a higher chance Disney share price will move lower, then you can also trade short from a CFD (Contracts for Difference) trading account which Admirals also provide.</p><p>The <a href="https://admiralmarkets.com/start-trading/account-types" target="_blank" rel="noopener">Trade.MT5</a> and <a href="https://admiralmarkets.com/start-trading/account-types" target="_blank" rel="noopener">Trade.MT4</a> account allows you to speculate on the price direction of stocks and shares using CFDs.</p><p>This means you can trade long and short to potentially profit from rising and falling stock prices.</p><p aria-level="3"><b>INFORMATION ABOUT ANALYTICAL MATERIALS:   </b></p><p>The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter “Analysis”) published on the websites of Admirals’ investment firms operating under the Admirals trademark (hereinafter “Admirals”) Before making any investment decisions please pay close attention to the following:   </p><ul>
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