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DIS Stock News

Stocks

Disney Stock Drops After Earnings - Why We're Still Bullish

Disney stock is down almost 13% this year and 21% in the last three months.

The latest Star Wars installment failed to give Walt Disney Co. (NYSE: DIS) stock an expected boost in January, despite generating over $1.5 billion in domestic box-office revenue.

"Star Wars," however, helped Disney almost double its studio operating income to $1 billion in its first-quarter earnings report, which it released Tuesday.

In its best quarterly earnings ever, Disney's earnings per share jumped to $1.73 a share from $1.27 a share in the same quarter last year.

Stocks

Disney Stock Will Climb in 2016 Thanks to 3 Catalysts

Yes, Disney stock is already down almost 8.6% this year, and 15.2% in the last three months.

"Star Wars: The Force Awakens" failed to give Disney stock the much-anticipated boost in January, despite surpassing over $1.5 billion in domestic box-office revenue.

But there are three major reasons we're still bullish about Disney stock in 2016.

You see, the entertainment company has three expanding revenue streams that will give its stock a much-needed boost in the next few months.

But first, here's why Disney stock has dropped in 2016...

Stocks

Why We're Bullish on the Disney Stock Price in 2016

Disney's new Star Wars installment, "The Force Awakens," has already broken pre-sales records in the United States, and it will be a major catalyst for the Disney stock price (NYSE: DIS) in 2016.

"The Force Awakens" sold a whopping $100 million worth of pre-sales tickets before its Dec. 18 debut, according to Variety.

While Disney stock is receiving a lot of hype now, the excitement is justified...

Hot Stocks

Disney Stock Price Climbs This Week amid Market Turmoil (NYSE: DIS)

The Disney stock price is up 1% today and 4.4% since Monday amid extreme market volatility.

This week Walt Disney Co. (NYSE: DIS) officials announced the company is ramping up publicity for its upcoming movie "Star Wars: The force Awakens," which will debut in theatres Dec. 18, 2015.

Here's what the company has planned, and what's next for the stock...