Despite the disappointing earnings report, analystsabout the stock, noting that the Fox integration and increased streaming costs were temporary headwinds.
"In our view, the investment thesis is the same and if we liked the stock before earnings, we love it on any weakness," J.P. Morgan analyst Alexia Quadrani said. "With so many moving pieces between the newly acquired Fox and Disney+ launch, there are bound to be some hits and misses each quarter." Credit Suisse analysts said the earnings miss isn't likely to discourage "investors who are excited about the company's transition to streaming" with the upcoming Disney+ launch.
Disney+'s starting cost of $6.99 should help it lure customers away from rival Netflix, Needham analysts said. Additionally, the service will feature most Pixar, Star Wars, Marvel and Disney princess films when it launches, they added.
should have put a muzzle on sophie turner. 'Sophie Turner, who played Sansa Stark in the series, told Sky News she had signed a public pledge to no longer work in US states with strict abortion laws.' that movie she was in was a total bomb. stop demonizing 50% of the country.
Disney shares will climb again once DisneyPlus comes out. And netflix shares will drop, once subscribers make the switch.
Maybe if you didn’t need to take out a second mortgage just to take your family there...