The Walt Disney Company (NYSE: DIS) is deep amid a business and market reversal that will increase its stock price by a high-double-digit to low-triple-digit amount over the next 12 to 18 months. The turnaround is driven by its CEO, Bob Iger, who has reinvigorated businesses, reclaimed operational quality, and set the entertainment company on a trajectory of sustained market-leading growth.
The Q1 results highlight the strength of the portfolio despite the impact of natural disasters, including Hurricanes Milton and Helene. While its domestic park business was impacted, business was good internationally, and other strengths were seen. The Entertainment segment grew by nearly 9% yearly due to strength in numerous subsegments, including the studios, which boasted last year's top three box office hits.
