11:37 AM EST, 02/06/2025 (MT Newswires) -- Walt Disney ( DIS ) is well-positioned to boost growth of its Experiences division and streaming earnings in its fiscal year 2025 following its Q1 outperformance, Morgan Stanley said Thursday in a note.

The firm is bullish on Disney ( DIS ) shares as it sees "a positive earnings revision cycle ahead and opportunity for multiple expansion." It raised the price target to $130 from $125 while reiterating its overweight rating on the stock.

Morgan Stanley also sees "strong double-digit" compound annual growth rate for earnings per share over the next three years.

"Barring any unexpectedly negative macro environment, Disney ( DIS ) should be in a strong position to increase FY25 adj. EPS guidance later this year," it said.

Boosting domestic parks revenue growth despite competition from the upcoming Universal Epic Universe theme park in Orlando, Florida will be crucial for a share price revaluation, the Wall Street firm said.

Price: 110.45, Change: -0.09, Percent Change: -0.08