binance left Huobi Global Coinmarketcap net_left Phương Thức Thanh Toán
Phương Thức Thanh Toán

Disney Bulls Stay Put Even After Netflix Streaming Slump

(Bloomberg) -- Even as Walt Disney (NYSE:DIS) Co.’s stock heads for its biggest annual drop in at least 47 years, analysts are clinging to their price targets for the media...
Disney Bulls Stay Put Even After Netflix Streaming Slump © Reuters Disney Bulls Stay Put Even After Netflix Streaming Slump

(Bloomberg) -- Even as Walt Disney (NYSE:DIS) Co.’s stock heads for its biggest annual drop in at least 47 years, analysts are clinging to their price targets for the media giant, betting that it can avoid the loss of streaming-video subscribers that’s crushed rival Netflix Inc (NASDAQ:NFLX).’s share price.

Analysts expect the stock to rise by 65% in the next year, based on the average target compiled by Bloomberg. Underpinning their optimism: Disney’s streaming unit still has room to grow and, unlike Netflix, the company has businesses such as theme parks that are set to rebound now that pandemic lockdowns have ended in the U.S. and Europe.

Collectively analysts have predicted such a big gain only one other time, when Disney plunged at the outset of the pandemic in March 2020. That drop happened so quickly that brokers had little time to adjust their models. This year, however, the stock’s 30% drop has been more gradual and brokerages have largely held on to their targets.

Now the next catalyst for the stock comes as the company reports earnings after markets close Wednesday. With Netflix shocking Wall Street last month with its first customer decline in more than a decade, investors will be keen to see if the Disney+ streaming service will face similar issues and hit a subscriber wall.

Analysts predict Disney+ had 134.4 million subscribers in its fiscal second quarter, up 3.5% from the first, with growth forecast to accelerate in the second half.

“The industry’s streaming dreams may be losing their luster, but Disney+ could shine with content and scale that outperforms, especially with a new ad-supported tier, ” Bloomberg Intelligence senior analyst Geetha Ranganathan said. The company is likely to add 40 million subscribers this year thanks to “a steady pace of new titles, local content and added markets.”

The Hollywood studio’s stock got a boost during the pandemic-induced lockdowns as Disney+ attracted millions of new customers. Now with economies opening up and travel recovering, the company is also being benefiting from its theme park business rebounding.

To be sure, analyst optimism on Disney hasn’t paid off lately. The stock has slumped 47% from March 2021 high and this year is on track for its biggest drop since at least 1975. And it may be that their price targets are so bullish now only because analysts missed the decline in the stock and are late in catching up to it.

In addition to concern about a streaming slowdown, investors are already wondering how long the good times can last for the theme parks given that recession fears are mounting.

“We think sentiment on both is overdone,” Steven Cahall, a Wells Fargo & Co. analyst who sees the stock gaining 69% in the next year, said in a note.

Disney’s diversified business has helped the stock avoid the violent selloffs that have rocked former stay-at-home favorites like Netflix, Peloton Interactive (NASDAQ:PTON) Inc. and Zoom Video Communications (NASDAQ:ZM) Inc., which have fallen between 75% and 92% from their peaks.

Tech Chart of the Day

There’s something about May: The Nasdaq 100 Index has had a rough start to the month, with 36 stocks hitting 52-week lows in the first seven sessions, and there are still more than two weeks to go. Last year was similar, with more than two dozen 52-week lows in May.  

Top Tech Stories

  • Three years after US officials sounded the national-security alarm about Chinese-made telecommunications equipment, the technology remains in place throughout America — including in some surprising places
  • Panasonic (OTC:PCRFY) Holdings Corp. said it plans a potential stock market listing for its supply chain management arm, as it seeks to increase the independence of its operating businesses
  • Electronic Arts Inc . (NASDAQ:EA) reported revenue for the current quarter that missed analysts’ estimates, as the video game publisher continues to feel the effects of an industry-wide downturn and the flop of last fall’s Battlefield game
  • Globalfoundries Inc (NASDAQ:GFS), the biggest U.S.-based provider of made-to-order semiconductors, posted quarterly sales and profit that topped analysts’ estimates, a sign it’s benefited from industrywide shortages
  • Roblox Corp (NYSE:RBLX), a video-game platform aimed at preteens and teenagers, reported bookings that declined from a year ago and missed analysts’ estimates, continuing a trend that saw the time players spent on the platform growing slower than during the pandemic
  • Unity Software Inc (NYSE:U) shares slumped as much as 30% in U.S. premarket trading after the 3D game-development company gave a second-quarter revenue forecast that was weaker than expected
  • Twitter Inc (NYSE:TWTR) was “foolish in the extreme” in kicking former US President Donald Trump off its service and his permanent ban should be ended, said Elon Musk, the billionaire who has agreed to acquire the social media company
  • Traders are the most skeptical they’ve ever been about whether Elon Musk will actually complete his proposed purchase of Twitter Inc. The spread on the deal, which offers an indication of how much Wall Street believes the takeover will be completed, jumped to $6.94 on Tuesday -- the widest since the billionaire launched his bid

©2022 Bloomberg L.P.

Hot Auto Trade Bot ig right nyse right Neteller Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
rakuten_main right top net_home_top Ai VIF Binance _ main right top fbs_main right top tifia_main right top
23-05-2022 12:40:03 (UTC+7)

EUR/USD

1.0593

+0.0033 (+0.31%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (2)

EUR/USD

1.0593

+0.0033 (+0.31%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (2)

GBP/USD

1.2549

+0.0062 (+0.49%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (8)

Sell (1)

USD/JPY

127.57

-0.28 (-0.22%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

AUD/USD

0.7096

+0.0063 (+0.89%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (0)

USD/CAD

1.2802

-0.0034 (-0.26%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

EUR/JPY

135.13

+0.12 (+0.09%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

EUR/CHF

1.0303

+0.0007 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (0)

Gold Futures

1,853.54

+11.44 (+0.62%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (0)

Silver Futures

21.907

+0.233 (+1.08%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (4)

Sell (1)

Copper Futures

4.3035

-0.0007 (-0.02%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (7)

Crude Oil WTI Futures

111.02

+0.74 (+0.67%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (1)

Brent Oil Futures

110.85

+0.86 (+0.78%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (2)

Natural Gas Futures

8.206

-0.194 (-2.31%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

US Coffee C Futures

216.48

-2.22 (-1.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

Euro Stoxx 50

3,657.03

+16.48 (+0.45%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (9)

Sell (1)

S&P 500

3,901.36

+0.57 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

DAX

13,981.91

+99.61 (+0.72%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (0)

FTSE 100

7,389.98

+87.24 (+1.19%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (7)

Sell (2)

Hang Seng

20,427.00

-290.24 (-1.40%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

US Small Cap 2000

1,773.27

-2.96 (-0.17%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

Sell (1)

IBEX 35

8,484.50

+78.50 (+0.93%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (5)

Sell (2)

BASF SE NA O.N.

48.850

-0.010 (-0.02%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

Bayer AG NA

63.74

+0.34 (+0.54%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (2)

Allianz SE VNA O.N.

195.58

+0.78 (+0.40%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (0)

Adidas AG

172.80

+0.92 (+0.54%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Deutsche Lufthansa AG

6.852

+0.049 (+0.72%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

Siemens AG Class N

115.08

+2.62 (+2.33%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (4)

Sell (4)

Deutsche Bank AG

9.362

-0.130 (-1.37%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (1)

 EUR/USD1.0593Buy
 GBP/USD1.2549↑ Buy
 USD/JPY127.57↑ Buy
 AUD/USD0.7096↑ Buy
 USD/CAD1.2802↑ Buy
 EUR/JPY135.13↑ Buy
 EUR/CHF1.0303↑ Buy
 Gold1,853.54↑ Buy
 Silver21.907Buy
 Copper4.3035↑ Sell
 Crude Oil WTI111.02Buy
 Brent Oil110.85↑ Buy
 Natural Gas8.206↑ Buy
 US Coffee C216.48↑ Buy
 Euro Stoxx 503,657.03↑ Buy
 S&P 5003,901.36↑ Buy
 DAX13,981.91Buy
 FTSE 1007,389.98Neutral
 Hang Seng20,427.00↑ Buy
 Small Cap 20001,773.27↑ Buy
 IBEX 358,484.50Neutral
 BASF48.850Buy
 Bayer63.74Buy
 Allianz195.58Buy
 Adidas172.80Buy
 Lufthansa6.852↑ Sell
 Siemens AG115.08Neutral
 Deutsche Bank AG9.362Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,880/ 6,980
(5/ 5) # 1,771
SJC HCM6,895/ 6,985
(0/ 0) # 1,775
SJC Hanoi6,895/ 6,987
(0/ 0) # 1,777
SJC Danang6,895/ 6,987
(0/ 0) # 1,777
SJC Nhatrang6,895/ 6,987
(0/ 0) # 1,777
SJC Cantho6,895/ 6,987
(0/ 0) # 1,777
Cập nhật 23-05-2022 12:40:05
Xem lịch sử giá vàng SJC: nhấn đây!
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V30.58031.190
RON 95-III29.98030.570
E5 RON 92-II28.95029.520
DO 0.05S26.65027.180
DO 0,001S-V27.45027.990
Dầu hỏa 2-K25.16025.660
ↂ Giá dầu thô thế giới
WTI$110.44-0.74-0.67%
Brent$111.25-0.71-0.64%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.005,0023.315,00
EUR23.899,8625.238,69
GBP28.277,1029.483,51
JPY176,47186,83
KRW15,8019,25
Cập nhật lúc 12:31:48 23/05/2022
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right Phương Thức Thanh Toán