DIS Stock Forecast: Theme Park Closures and Disney Plus Launch Expenses Weigh on Disney

This DIS stock forecast article was written by Erica McGillicuddy, Analyst at I Know First.

Summary

  • Disney theme parks are beginning to reopen with social distancing measures in place
  • ESPN and ESPN+ viewership has been at a low, but will increase as sports seasons start back up
  • Disney Plus is experiencing a rapid increase in subscribers, but not enough to produce a profit
  • I give DIS stock a mild buy rating as Disney starts to overcome the worst of COVID-19

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