The Walt Disney Company (NYSE:DIS) is among the The 11 Best Entertainment Stocks to Buy According to Wall Street.
On February 13, 2026, California Attorney General Rob Bonta announced a $2.75 million settlement with The Walt Disney Company (NYSE:DIS) over allegations that it violated the California Consumer Privacy Act by failing to fully comply with consumer requests to opt out of sales or sharing of their data across devices and streaming services linked to Disney accounts. Under the settlement, Disney must pay civil penalties and implement opt-out mechanisms that completely stop the sale or sharing of consumers’ personal information. Bonta said the settlement represents the largest settlement to date under the CCPA and emphasized that companies cannot require consumers to opt out on a device-by-device or service-by-service basis.
Previously, on February 3, 2026, Disney announced that its board unanimously selected Disney Experiences Chairman Josh D’Amaro to succeed Robert Iger as CEO, effective March 18 at the company’s annual meeting. The board also intends to name D’Amaro as director after the meeting. Dana Walden, co-chairman of Disney Entertainment, was named president and chief creative officer, also effective March 18. Iger will remain a senior advisor and board member until his retirement on December 31.
Also on Feb. 3, Rosenblatt analyst Barton Crockett lowered his price target on Disney to $130 from $139 and maintained a Buy rating, saying fiscal first-quarter earnings beat consensus but describing management’s comments as “uninspiring.” He noted that while Disney maintained its guidance for double-digit EPS growth, growth is expected to stagnate across all segments in the second quarter, with results weighted toward the second half of the year.
The same day, Morgan Stanley analyst Thomas Yeh resumed coverage with an overweight rating and a $135 price target, citing what he sees as a compelling risk/reward profile. The firm expects double-digit adjusted earnings growth in fiscal 2026 and beyond and described core transmission and park trends as healthy, with potential acceleration in the second half.
The Walt Disney Company (NYSE:DIS) operates as a global entertainment company through its Entertainment, Sports and Experiences segments.
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