Disney stock crash as DIS shares hit lowest closing price in 9 years

The shares of Walt Disney continue to decline due to recent controversies and a decline in subscribers, but analysts still believe the stock price can recover with a target price of $110.71.

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Relevant topic timeline:

8/21/2023

Disney: Market Pessimism Doesn't Make Much Sense To Me (NYSE:DIS)

Disney's stock performance has been disappointing, with investors unsure how to value the company's diversified asset base, leading to a depressed valuation; however, high-conviction investors may find current levels attractive for adding exposure.

8/24/2023

Disney falls further, AMC drops as market awaits stock conversion

Disney's stock is on course to reach its lowest level since 2014, showing a significant drop in market capitalization since Bob Iger returned as CEO, while AMC's stock is falling as investors anticipate its stock conversion.

8/24/2023

Disney’s stock flirting with lowest close in nearly 9 years

Shares of Walt Disney Co. are nearing their lowest close since 2014, trading at $83.95 and down 2.2% in Thursday morning action, marking a 58% decline from its all-time high in March 2021.

8/24/2023

Disney Stock Hits New 52-Week-Low

The Walt Disney Company stock dropped to a new 52-week low, reaching $83.02, down over 3%.

9/5/2023

How Much Is ESPN Worth? Not Enough to Make Disney Stock a Buy, This Analyst Says.

KeyBanc analyst says that the upcoming disclosure of ESPN's financials by Walt Disney may disappoint investors, suggesting that Disney stock may not be a good buy.

9/5/2023

Disney Gets Stock Price Target Cut by More Than $30 From Wells Fargo Analyst

Wells Fargo analyst Steven Cahall has lowered his stock price target for Walt Disney Co. by over $30 but maintains an "overweight" rating, anticipating that investor focus will eventually shift from short-term challenges to long-term opportunities.

9/7/2023

Disney Stock Falls to a Nearly 10-Year Low. Why It’s Still a Buy.

Disney stock is experiencing a decline, but it is still considered a good investment despite Charter Communications' request for Disney to reconsider its cable bundle.

9/8/2023

Dispute with Disney Hurts Charter Stock, But Analyst Says It's a Buy

Charter Communications' stock has fallen during the dispute with Walt Disney, but one analyst believes it is a buy.

9/18/2023

Target Struggles to Recover as Sales Slump and Customers Flee to Discounters

Target stock continues to struggle, experiencing a significant decline.

9/19/2023

Disney Shares Drop After Unveiling $60B Plan to Aggressively Expand Parks and Cruises

Disney shares declined in early trading after the company announced plans to invest $60 billion in its theme parks over the next decade to further increase profitability and expand its reach to a large addressable market of individuals with "high Disney affinity" who have yet to visit the parks.

9/19/2023

Disney Stock Slumps Below $100 But Analysts See Upside Amid Theme Park Investments

Despite Disney's struggling stock price and various concerns, analysts remain optimistic about the company's future and believe that the current low price presents a valuable opportunity for investors.