12:35 PM EDT, 08/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We are keeping our 12-month target price at $137, using a forward TEV/EBITDA of 12.8x our FY 26 (Sep) EBITDA estimate at $22.15B compared to three-year historic average at 13.7x. DIS is emerging as a winner in the fast-changing entertainment industry, in our opinion. We lower our FY 25 EPS estimate by $0.05 to $5.85 and keep FY 26's at $6.40 per share with revenue projections of $95.2B and $100.2B, respectively. Valuation is problematic for DIS as it is situated below faster-growing companies like Netflix (NFLX 1,166 *****) and Spotify (SPOT 654 ***) that command premium multiples. However, DIS is outperforming other media & entertainment companies like Warner Brothers Discovery (WBD 13 ***) and Paramount Global (PARA 11 ***). Over time, if DIS is able to execute across all business segments and deliver double-digit growth in Direct-to-Consumer operating income, we could see higher multiple valuations for DIS shares. The stock also has a higher beta at 1.57 than the overall U.S. equity market.