Walt Disney shares drop over 10% in a month; revenue growth is weak, with Q2 revenue up only 1%.

Walt Disney shares have fallen over 10% in the last month, yet investors should consider the lack of encouraging results and unproven streaming transformation before buying. Anemic top-line growth contributes to Disney's revenue challenges, with Q2 revenue rising only 1% year over year. Management's recent dividend reinitiation reflects confidence in strategic restructuring and growth, but buying Disney stock at its current valuation may require too much speculation.

May 12, 2024
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