Disney Stock Rises Post-Earnings as Wall Street Reacts to Longer-Term Guidance

Image from The Hollywood Reporter

• Disney+ surpasses 120 million subscribers, boosting the company's bottom line with $321 million in operating income.
• Wall Street analysts raise their price targets on Disney, citing the company's 'bold move' in providing 3-year earnings guidance through fiscal 2027, signaling a major turnaround in the direct-to-consumer business.