Is the Mouse Dead?
When Does Disney stop bleeding??? Love to hear peoples thoughts on Disney. Not a lot of love happening with them right now and probably won’t be until next earnings and we see subscription numbers $DIS
I think many are underestimating the business of its theme parks and the cash flow generated from its subscription services.
@from100kto1m Tough time for media stocks generally; there are many people who clearly doubt the long-term economics of global DTC SVOD / AVOD. Still think consolidation is likely, and short-term pain probably helps to move that along. Long-term, feel quite good about the investments that I have in this industry (latest $DIS write-up linked below).
Mouse ain’t dead. It might need to stay out of politics and focus on its business a bit more but it’s a staple. Parks are picking up and it’s holding its own on the digital side with DIS+ it’s just gone out with the tide in my opinion.
@strib yeah that was a mistake on their part. Should’ve stayed outta politics and the whole Florida bill. Parks and Disney plus together is very strong. Parks getting back to full capacity this summer, along with a growing subscription service it’s really a no brainer stock for me to own
People just want to be negative on them, it the same as a ton of people love calling a bottom to the market. Most people slamming the stock verbally have a political agenda & are hurt over Disney not liking how the state is going. They were right and wrong to get involved for tons of reasons, but it Disney and people love that little rat. Also they are a mega media company. People keep harping on Disney + but HULU is replacing cable boxes in a big way with live tv and sports. It is a multi faceted company, I have not invested in Disney the last few years but not cause I hate it or anything of that nature. It a great company with huge name brand recognition. It is never going to end. Go for it!
I think there is much more to the business than Disney+. Unfortunately, in the time of streaming, I think the focus on Disney+ is separating stock price from the overall business
Will theme parks ever die? They seem to do consistently well, barring when they were forced to shut down during COVID. Pretty consistent revenues from just their theme parks over the years.
@alex18 it’s like multiple businesses in one and everyone forgets about the theme parks because of Covid. I’ve never not seen the theme parks doing consistently well. That could be a stand alone business on its own. Add Disney plus to that as well as everything else they do it’s a great company, mouse isn’t dead in my eyes
This bleeding is ridiculous. $DIS is valued lower than what it was before they announced Disney+. Which now has almost 90M subs (I guess that has 0 value). Not to mention it is close to Covid lows where you had a global pandemic not seen in decades that shut 80% of their business down completely. Not to mention we had no idea if/how and when we would come out of it. But no rates rising by 2-3% is a much bigger risk for sure...
@christian7621 Yeah right now investor sentiment is avoid anything related to streaming. It's like poison. But IMO the valuation right now on $DIS is pushing the extreme limits. $DIS is not just about streaming, studios and parks are decade business that have withstood time. And the brand is strong.