Forecast Of The Day: Disney’s Theatrical Revenues

+54.81%
Upside
97.02
Market
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Trefis
DIS: Walt Disney logo
DIS
Walt Disney

What?

Disney’s (NYSE:DIS) Theatrical revenues declined from $2 billion in FY’20 to under $1 billion in FY’21. Trefis expects the metric to recover to $1.9 billion in FY’22 and to $2.4 billion by FY’23.

Why?

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While theatrical sales declined in FY’20 and FY’21 due to the impact of Covid-19 and theater closures, we expect revenue to pick up from FY’22 onwards as Disney has more theatrical releases.

So What?

We think Disney stock is undervalued at current levels. We value DIS at $191 per share, about 35% ahead of the current market price.

See Our Complete Analysis For Disney

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

 Returns Mar 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 DIS Return -7% -10% 33%
 S&P 500 Return 1% -7% 98%
 Trefis MS Portfolio Return 2% -9% 259%

[1] Month-to-date and year-to-date as of 3/28/2022
[2] Cumulative total returns since the end of 2016

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