Disney Layoffs 2025: Should You Buy, Sell, or Hold DIS Stock Amid Entertainment Job Cuts?
Disney (DIS) is a household name thanks to its film and TV production, theme parks and resorts, and its cable and streaming arm. However, its giant size and global reach have not been enough to protect Disney from bumps in the road.
DIS stock is up just under 2% in the year to date and just under 10% over the past 52 weeks. Most encouragingly, shares have gained nearly 23% in just the past month.
Disney Prepares for Lay-Off
Despite the relatively positive price action, Disney is bracing for turbulence.
The entertainment giant is preparing to lay off 'several hundred' employees globally as per a Deadline report published on Monday, June 2. The move will focus on the company's Entertainment segment, including film and television publicity, development, and casting. Additionally, Disney's corporate financial operations are also reportedly bracing for impact.
The move follows Disney's recent round of layoffs in March where the company cut nearly 200 employees, or 6% of its total workforce, at the ABC News Group and Disney Entertainment Networks.
Disney Reported Solid Earnings
Disney reported its fiscal second-quarter results on May 7, posting a profit of $3.28 billion. This figure can be translated to $1.45 per adjusted share, surpassing analysts' $1.18 per-share estimate. The company generated $23.62 billion in revenue in the quarter, again beating Wall Street's $23.14 billion estimate.
Disney had previously anticipated a decline in Disney+ subscribers in the quarter but posted an increase of 1.4 million, taking its total to 126 million monthly subscribers. Wall Street had bet on 123.35 million subscribers. Revenue from the Entertainment segment rose 9% to $10.68 billion, while its Experiences segment saw revenue increase 6% to $8.89 billion.
For FY25, Disney has raised its guidance with earnings now expected at $5.75 per share while operating cash flow is expected at $17 billion, up from the previous $15 billion guidance.
Analyst Takes on Disney Stock
Analysts have a positive take on the stock with a 'Strong Buy' consensus rating and a mean price target of $125.92, reflecting upside potential of roughly 10% from the current market price. The stock is covered by 29 analysts and has received 21 'Strong Buy' ratings, two 'Moderate Buy' ratings, and six 'Hold' ratings.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
17 minutes ago
- CTV News
Trump and Musk divided after scrappy online fallout. Follow live updates here.
Left: Billionaire Elon Musk. Right: U.S. President Donald Trump. (The Associated Press) U.S. President Donald Trump and his ex-ally, billionaire business mogul Elon Musk, had a fiery falling out yesterday as the two men lobbed insults, accusations and threats at each other from their respective social media platforms. Their relationship fractured as Trump pushed to pass his 'One Big Beautiful Bill' – the 1,116-page act of proposed tax cuts, Medicaid restrictions, border wall funding and money for the Golden Dome that would spike national deficits by US$2.4 trillion over the next decade, according to one estimate that the White House contests . Musk, one of Trump's chief advocates for cost cutting, had criticized the legislation, arguing that a bill could not be big and beautiful at once. Their disagreement exploded on Thursday, descending into an open-air brawl waged online. Here are the latest updates: Trump not interested in talking to Musk Trump is not interested in talking with his former ally Musk amid a bitter feud over the president's sweeping tax-cut bill, a White House official said on Friday, adding that no phone call between the two men is planned for the day. A separate White House official had said earlier that Trump and Musk planned to talk to each other on Friday. 'I'm not even thinking about Elon. He's got a problem, the poor guy's got a problem,' Trump told CNN on Friday morning. Shares in Musk's Tesla rose 4.5 per cent when markets opened on Friday. In Thursday's session, the stock dived 14 per cent and lost about US$150 billion in value, the largest single-day decline in the electric vehicle maker's history. Musk bankrolled a large part of Trump's presidential campaign and was then brought to the White House to head up a controversial effort to downsize the federal workforce and slash spending. Reuters. Read the full story here . Donald Trump Elon Musk news President Donald Trump speaks during a news conference with Elon Musk in the Oval Office of the White House, Friday, May 30, 2025, in Washington. (AP Photo/Evan Vucci) Musk pulls back on threat to withdraw Dragon spacecraft As Trump and Musk argued on social media, the world's richest man threatened to decommission a space capsule used to take astronauts and supplies to the International Space Station. A few hours later, Musk said he wouldn't follow through on the threat. After Trump threatened to cut government contracts given to Musk's SpaceX rocket company and his Starlink internet satellite services, Musk responded via X that SpaceX 'will begin decommissioning its Dragon spacecraft immediately.' It was unclear how serious Musk's threat was, but several hours later – in a reply to another X user – he said he wouldn't do it. The capsule, developed with the help of government contracts, is an important part of keeping the space station running. NASA also relies heavily on SpaceX for other programs including launching science missions and, later this decade, returning astronauts to the surface of the moon. SpaceX is the only U.S. company capable right now of transporting crews to and from the space station, using its four-person Dragon capsules. The Associated Press. Read the full story here . SpaceX A SpaceX Falcon 9 rocket, with a crew of four aboard the Crew Dragon spacecraft, lifts off on a mission to the International Space Station lifts off from pad 39A at the Kennedy Space Center in Cape Canaveral, Fla., Friday, March 14, 2025. (AP Photo/Terry Renna) Tesla shares claw back Tesla shares clawed back from steep losses as a war of words between CEO Musk and U.S. President Trump appeared to cool, easing investor worries about the likely political fallout on the electric automaker. Shares rose about five per cent in early trading. Politico had reported Musk and Trump were expected to speak on Friday, but a White House official told Reuters there were no plans for a call. Musk signalled on his X social media platform he was open to easing tensions with Trump, agreeing with comments from hedge fund manager Bill Ackman calling for a detente. The spat between the world's most powerful man and its richest erased more than US$150 billion from Tesla's market value on Thursday, the company's biggest drop in one session.
Geek Dad
29 minutes ago
- Geek Dad
Watch the Shout! TV Liam Neeson Birthday Marathon and Win a Film
This Saturday 6/7, Shout! TV is streaming a Liam Neeson Birthday marathon of his movies. The marathon will feature K-19: The Widowmaker, Honest Thief, The Grey and The Marksman streaming all-day on the channel. And you can win your very own copy of K-19: The Widowmaker in 4K UHD! Just fill out the form below and be entered to win. Sorry, United States residents only. The giveaway will run until midnight on 6/13, after which time I will randomly draw a winner. And don't forget to tune into Shout! TV for the Liam Neeson Birthday Marathon! 'K-19: The Widowmaker' Giveaway First Name * Last Name * Email Address Address * Address Address Address City City State/Province State/Province Zip/Postal Zip/Postal Country Afghanistan Aland Islands Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire, Sint Eustatius and Saba Bosnia and Herzegovina Botswana Bouvet Island Brazil British Indian Ocean Territory Brunei Bulgaria Burkina Faso Burundi Côte d'Ivoire Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Christmas Island Cocos (Keeling) Islands Colombia Comoros Congo Cook Islands Costa Rica Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic East Timor Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands (Malvinas) Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard Island and McDonald Islands Holy See Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island North Korea Northern Mariana Islands Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Barthelemy Saint Helena, Ascension and Tristan da Cunha Saint Kitts and Nevis Saint Lucia Saint Martin (French part) Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten (Dutch part) Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States United States Minor Outlying Islands Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands, British Virgin Islands, U.S. Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe Country Phone Number * Restrictions * I understand and certify I meet these restrictions. Winners will be chosen at random. Only one entry person. Entrant must be 18 years of age or older. Contest available worldwide. Data collected will be used for contacting winners only. I understand the restrictions and certify I meet the restrictions. This giveaway is covered under our privacy policy. If you are human, leave this field blank. Δ Liked it? Take a second to support GeekDad and GeekMom on Patreon!
Globe and Mail
37 minutes ago
- Globe and Mail
Crude Pops on Geopolitical Fears Despite OPEC Hike
WTI Crude Oil Futures (July Future) Friday's Settlement: 60.79, down -0.15 [0.25%] for the day, down -0.74 [-1.20%] for the week Today, WTI Crude Oil is sharply higher by +2.83 [+4.64%] to 63.62 Over the weekend, OPEC raised production by +411k bpd. Last week, it was reported and talked about on CNBC that OPEC would not be raising production. The production hikes came with objections from other countries, including Russia, which jeopardizes future output hikes. The jump in crude oil is mainly due to flare-ups in geopolitical tensions and Ukrainian strikes deep within Russian territory. Over the weekend, Ukraine destroyed a key part of Russia's nuclear bombing fleet. A report regarding Iran's enriched nuclear stockpiles and Canadian wildfires has also aided in pushing crude higher this morning. Data Releases: N/A Technical Analysis: WTI Crude Oil futures settled on Friday just below our key support level of 61.00***. The Sunday night gap higher has moved futures into our key resistance level of 63.11-63.56***. Geopolitical risk is driving futures sharply higher this morning after OPEC+ moved ahead with the accelerated +411k bpd hike. Flows at the US open will be important to watch as futures could push up towards our key longer-term pivot-pocket of Want to stay informed about energy markets? Subscribe to our daily Energy Update for essential insights into Crude Oil and more. Get expert technical analysis, proprietary trading levels, and actionable market biases delivered straight to your inbox. Sign up now for free futures market research from Blue Line Futures! SIGN UP FOR 2-WEEKS OF FREE RESEARCH Futures trading involves substantial risk of loss and may not be suitable for all investors. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results. Blue Line Futures is a member of NFA and is subject to NFA's regulatory oversight and examinations. However, you should be aware that the NFA does not have regulatory oversight authority over underlying or spot virtual currency products or transactions or virtual currency exchanges, custodians or markets. Therefore, carefully consider whether such trading is suitable for you considering your financial condition. With Cyber-attacks on the rise, attacking firms in the healthcare, financial, energy and other state and global sectors, Blue Line Futures wants you to be safe! Blue Line Futures will never contact you via a third party application. Blue Line Futures employees use only firm authorized email addresses and phone numbers. If you are contacted by any person and want to confirm identity please reach out to us at info@ or call us at 312- 278-0500 Performance Disclaimer Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.
