Disney Stock News & Earnings

[VAlegacy]

Thought this deserved it's own thread - an all time high during a time when most of it's divisions are being hit hard is just incredible. Disney+ and the other streaming initiatives debuted at just the right time for us long time holders!

Today's move was helped by this:
https://www.fool.com/investing/2020/12/02/disney-stock-will-surge-to-175-according-to-this-a/
ETA: High for 12/2/2020 was $154.01

So much for this.

 

[71 Truck]

Disney shares down over $10.00 a share at the close of business today 01-21-2022.
WOW I guess earning were not what was expected and other business divisions also?

 

[Aluminum Falcon]

Disney shares down over $10.00 a share at the close of business today 01-21-2022.
WOW I guess earning were not what was expected and other business divisions also?

Have you looked at the market at all

 

[VAlegacy]

Disney shares down over $10.00 a share at the close of business today 01-21-2022.
WOW I guess earning were not what was expected and other business divisions also?

No, NFLX took a 20% hit today, so by proxy other streaming companies will too.
I find it hard to believe D+ will live up to the Chapek hype. I hope it doesn't and DIS falls below 100

 

[Aluminum Falcon]

No, NFLX took a 20% hit today, so by proxy other streaming companies will too.
I find it hard to believe D+ will live up to the Chapek hype. I hope it doesn't and DIS falls below 100

I agree, the tech sector is getting ravaged currently, Disney is usually insulated a little more because of its entertainment wing, but due to the pandemic, they are wide open to the bears. Under $100 would be an amazing opportunity to buy IMO

 

[tinkerhon]

Disney shares down over $10.00 a share at the close of business today 01-21-2022.
WOW I guess earning were not what was expected and other business divisions also?

Everything was red today--- market was not good- (to say the least). - Crypto crashing now worse than the paper stocks !!!

 

[Brocktoon]

No, NFLX took a 20% hit today, so by proxy other streaming companies will too.
I find it hard to believe D+ will live up to the Chapek hype. I hope it doesn't and DIS falls below 100

Yup ... Netflix was an anchor today dragging down the other streamers

 

[TheDailyMoo]

Was going to write a separate post about this but fits here...this is why Chapek and Disney have made a horrible decision to focus so much of their money and efforts on Dis+. We all know they've cut and cannibalized from the parks in order to feed their lust...and Wall Street's lust for streaming and subscribers. So not only have they put the parks way behind the times...pissed off a huge chunk of their customer base...but with all that effort the stock price is where it was before Dis+ ever came into fruition! They've literally screwed the pooch. And yes this latest round is macro market based with NFLX leading the charge down however let's get real, Disney stock has and probably always will underperform. In other words it was all for nothing and now they have parks that have fallen behind and a swarm of angry customers that may soon start putting their money where their mouths are...or more like NOT putting their money into Disney pockets.

PS I'm a shareholder/bagholder and they've even got me rooting for their downfall. Things are not good in the House of Mouse and until leadership/focus changes back to what made them who they are today I don't see Dis+ being the savior. Also a funny tweet I saw about bundling all the streaming services and calling it "cable". Made me chuckle.

 

[Aluminum Falcon]

Was going to write a separate post about this but fits here...this is why Chapek and Disney have made a horrible decision to focus so much of their money and efforts on Dis+. We all know they've cut and cannibalized from the parks in order to feed their lust...and Wall Street's lust for streaming and subscribers. So not only have they put the parks way behind the times...pissed off a huge chunk of their customer base...but with all that effort the stock price is where it was before Dis+ ever came into fruition! They've literally screwed the pooch. And yes this latest round is macro market based with NFLX leading the charge down however let's get real, Disney stock has and probably always will underperform. In other words it was all for nothing and now they have parks that have fallen behind and a swarm of angry customers that may soon start putting their money where their mouths are...or more like NOT putting their money into Disney pockets.

PS I'm a shareholder/bagholder and they've even got me rooting for their downfall. Things are not good in the House of Mouse and until leadership/focus changes back to what made them who they are today I don't see Dis+ being the savior. Also a funny tweet I saw about bundling all the streaming services and calling it "cable". Made me chuckle.

You seem to be projecting,Can you define “underperforming”? Also I think being ahead with their own streaming service is majorly important moving forward, it will allow Disney to control their own destiny, and cut out the middle man. It’s totally cool to not see the value in streaming, but I would just caution that, that is the way the whole sector is drifting, and I don’t see them making an about face, especially when cable providers are even getting into the game. The parks have had billions spent on them over the last decade, and while I agree that during the pandemic things have shifted, I don’t agree that Disney has just left the parks swinging in the breeze, I’m more of the line of thinking that the pandemic has produced a lot of the issues, and time will allow them to shift back closer to where they were. This is not the Disney of Ron miller, it is a blue chip stable company, and I don’t foresee that changing anytime soon, just my opinion

 

[71 Truck]

Have you looked at the market at all

Yea,I own Disney stock along with several other cruise line stocks. I bought Disney over 25 years ago and cruise sticks in 2020.
I try to watch the market every day however I was not paying attention yesterday,oh well, it will probably recover some on Monday.

 

[71 Truck]

No, NFLX took a 20% hit today, so by proxy other streaming companies will too.
I find it hard to believe D+ will live up to the Chapek hype. I hope it doesn't and DIS falls below 100

I think there are to many streaming services to choose from. It is kind of diluting the market. Like putting to many of the same business to close together and wondering why the individual store can't make any money.
I do not hope Disney goes below $100 dollars a share. Doing that would make Disney cut even more from their operating budget and that money has to come from somewhere.

 

[71 Truck]

Everything was red today--- market was not good- (to say the least). - Crypto crashing now worse than the paper stocks !!!

I still do not understand the whole crypto thing.
In the years I have been following the stock market just about everything recovers over time, for the most part. The Crypto thing not sure about.

 

[popy]

Got like thousands, and over all, it has made a ok return,
but of all I have it is among the less favorable for returns.
looking at the future, I am inclined to sell best hold.
Disney dividends are done, not good, over 50 billion in debt,
with holding around 25 billion in cash, not that good.
yesterday stocks per share fell over $10.00 just on one day.
figure what i lost, that should give a idea. very uncertain, thinking about selling,
many more investment opportunities on my list.
better look around. Value at this time is not worth the risk.
sure sign times are tough when a company denied dividends.
buy low, sell high,

 

[Aluminum Falcon]

I think there are to many streaming services to choose from. It is kind of diluting the market. Like putting to many of the same business to close together and wondering why the individual store can't make any money.

That is why I think Disney is putting so much behind their streaming service, not every streaming service will withstand moving forward, and I believe you will continually see merges in services. Disney is pumping so much into original content, because they are attempting to be one of the top streaming providers that everyone “needs”, it’s an arms race right now, and the cream will rise to the top

 

[tinkerhon]

I still do not understand the whole crypto thing.
In the years I have been following the stock market just about everything recovers over time, for the most part. The Crypto thing not sure about.

It should come back--- crypto usually bounces--- the problem with crypto was that it moved too fast last year--- just look at Shiba--- people made a fortune--- the plays to look at now are the Metaverse plays -- SAND, MANA.... Meta is huge---- Not Financial Advice lol

 

[VAlegacy]

You seem to be projecting,Can you define “underperforming”? Also I think being ahead with their own streaming service is majorly important moving forward, it will allow Disney to control their own destiny, and cut out the middle man. It’s totally cool to not see the value in streaming, but I would just caution that, that is the way the whole sector is drifting, and I don’t see them making an about face, especially when cable providers are even getting into the game. The parks have had billions spent on them over the last decade, and while I agree that during the pandemic things have shifted, I don’t agree that Disney has just left the parks swinging in the breeze, I’m more of the line of thinking that the pandemic has produced a lot of the issues, and time will allow them to shift back closer to where they were. This is not the Disney of Ron miller, it is a blue chip stable company, and I don’t foresee that changing anytime soon, just my opinion

My opinion is the temporary rise of D+ was a product of the pandemic. The content is meh and pales to other. Hard to justify paying a monthly fee to watch movies people have owned 50+ years

 

[Jrb1979]

That is why I think Disney is putting so much behind their streaming service, not every streaming service will withstand moving forward, and I believe you will continually see merges in services. Disney is pumping so much into original content, because they are attempting to be one of the top streaming providers that everyone “needs”, it’s an arms race right now, and the cream will rise to the top

They better hope Disney+ takes off cause I don't have much hope for the parks. The new head of Imagineering has no theme park experience and comes designing health clinics. I don't have much faith in her turning Imagineering around.

 

[Aluminum Falcon]

They better hope Disney+ takes off cause I don't have much hope for the parks. The new head of Imagineering has no theme park experience and comes designing health clinics. I don't have much faith in her turning Imagineering around.

What’s to be turned around, in the last ten years you’ve had toy story land, new fantasy land, and Star Wars land, not to mention the new Star Wars hotel, (say what you want about it, but it’s pretty sold out right now). ROTR, FOP, 7DMT, ect… I just don’t understand where people get off saying imagineering is dead

 

[Aluminum Falcon]

My opinion is the temporary rise of D+ was a product of the pandemic. The content is meh and pales to other. Hard to justify paying a monthly fee to watch movies people have owned 50+ years

I think that they have families with children locked in, they are going to need to expand their original content some more to reach a broader audience, but that takes time, check back in like 3-5 years. Right now it’s anyones guess, but I think they’ll be fine

 

[VAlegacy]

PS I'm a shareholder/bagholder

This had me cracking up