
Disney (DIS) released its fiscal Q4 2025 earnings yesterday, Nov. 13, following which the stock plunged nearly 8% to fall below its 200-day moving average. The stock is on track to underperform the S&P 500 Index ($SPX) this year—something it did in three of the last four years. In this article, we’ll explore whether 2026 would be any different for the entertainment giant, beginning with a snapshot of its Q4 earnings.