DIS
The Walt Disney CompanyEvidence as of 2026-09-18The desk's Snapshot
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Overview · The Walt Disney Company
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox,…
Management team
- Mr. Brent A. Woodford C.F.A., CPA · Executive Vice President of Controllership, Financial Planning & TaxFind on LinkedIn
- Mr. Joe Schott · President of Disney Signature ExperiencesFind on LinkedIn
- Ms. Sonia L. Coleman · Senior EVP & Chief Human Resources OfficerFind on LinkedIn
- Ms. Kristina K. Schake · Senior EVP & Chief Communications OfficerFind on LinkedIn
Start free to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it, not a rating or a recommendation.
−0.4 on a −2 to +2 scale (was −0.3 before the debate changed the read).
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled. The rest of the page is the evidence behind it.
The evidence balance is Mixed ( -0.4 of a possible +2; was -0.3 before debate) · confidence high. Shares outstanding and weighted‑average diluted shares have declined across the reported periods: entity common shares fell from 1,785,288,846 as of FY 2025 (2025-11-05) to 1,726,686,902 as of Q3 2026 (fiscal quarter ended 2026-07-29), with diluted weighted shares moving from 1,793,000,000 in Q1 2026 (fiscal quarter ended 2026-01-28) to 1,743,000,000 in Q3 2026.
Quarterly top‑line and operating metrics were broadly stable while operating leverage improved in the most recent quarter. Revenues were roughly steady at $25,981,000,000 in Q1 2026, $25,168,000,000 in Q2 2026 (fiscal quarter ended 2026-04-29), and $25,248,000,000 in Q3 2026. Operating income rose from $4,600,000,000 in Q1 2026 to $5,555,000,000 in Q3 2026, and diluted EPS moved from $1.34 to $1.51 over the same three quarters. The snapshot also shows trailing metrics and balance‑sheet points: market price at 105.35 per share, EPS TTM 7.04 (trailing P/E 14.96), FCF TTM negative $2,808,000,000 (FCF per share -1.611), OCF TTM $5,151,000,000 versus CapEx TTM $7,959,000,000, and enterprise EV/EBITDA of 8.82 on EV of $218,747,465,126.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else (no outside knowledge, no browsing), so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC (revenue, margins, income, debt and share count, quarter by quarter) and reports which way the trend is running.
Entity common shares outstanding fell from 1,785,288,846 as of 2025-11-05 to 1,771,519,851 as of 2026-01-28, to 1,736,511,424 as of 2026-04-29, to 1,726,686,902 as of 2026-07-29.
XBRL companyfacts · 0001744489-25-000155Weighted-average diluted shares outstanding declined each quarter: 1,793,000,000 in fiscal Q1 2026 (2025-09-28 to 2025-12-27, 3mo), 1,772,000,000 in fiscal Q2 2026 (2025-12-28 to 2026-03-28, 3mo), and 1,743,000,000 in fiscal Q3 2026 (2026-03-29 to 2026-06-27, 3mo).
XBRL companyfacts · 0001744489-26-000019Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full: its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet; its risk analysis fills in once that lands.
The company filed a Form 10-Q on 2026-08-05 (the 10-Q filed 5 August 2026).
10-Q filed 2026-08-05The company furnished a Form 8-K on 2026-08-05 that includes the quarter's release/related materials (the 8-K filed 5 August 2026).
8-K filed 2026-08-05Reads the signal panel above (momentum, volatility, drawdown, relative strength and beta) and ranks each against the whole research universe rather than judging it in isolation.
Price momentum over the past 3 months is +4.5% and over 6 months is +6.0%, placing 6-month momentum at the 45th percentile of the 561-stock research universe as of 2026-09-17.
Moneyta signal set · 2026-09-17weakened in debateLonger-horizon momentum (12_1) is -9.3% and ranks at the 23th percentile of the 561-stock research universe as of 2026-09-17.
Moneyta signal set · 2026-09-17weakened in debateReads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-06-30 institutional 13F-reported holdings list BlackRock, Inc. with $13.17B, VANGUARD CAPITAL MANAGEMENT LLC with $10.92B, STATE STREET CORP with $8.10B, JPMORGAN CHASE & CO with $7.48B, and GEODE CAPITAL MANAGEMENT, LLC with $3.96B, and a reported total institutional value of $127.78B across 2,940 holders.
13F holdings · 2940 filers · as of 2026-06-30The institutional data notes that 13F filings carry a 45-day reporting lag and that the as-reported quarter is not a real-time book.
13F holdings · 2940 filers · as of 2026-06-30Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Recent headlines exist but none are company-specific — market-wide stories and rating chatter are excluded.
Reads parsed Forms 3/4/5: who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
Brent Woodford sold 7,238 shares for "$762k" on 14 August 2026 and the filing states the trades were made under a 10b5-1 plan.
Form 4 · WOODFORD BRENT (EVP, Control, Fin Plan & Tax) · $762k code M · 2026-08-14Brent Woodford sold 3,618 shares for "$381k" on 1 September 2026 and the filing states the trade was made under a 10b5-1 plan.
Form 4 · WOODFORD BRENT (EVP, Control, Fin Plan & Tax) · $381k code M · 2026-09-01Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
Market price used in this evidence is 105.35 per share as of 2026-09-17.
Valuation inputs · SEC XBRL + stored EOD closeTrailing twelve‑month GAAP earnings per share (EPS TTM) is 7.04, producing a trailing P/E of 14.96 in the provided data.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score. The argument is shown, not hidden, so you can judge the reasoning yourself.
The evidence set shows improving per‑share metrics and operating performance alongside valuation multiples that appear moderate versus reported EBITDA. Weighted average diluted shares and common shares outstanding declined each quarter (fundamentals-1, fundamentals-0), which, together with rising operating income and a higher Q3 EPS (fundamentals-3, fundamentals-4), supports a favorable per‑share earnings dynamic on the historical data provided. Trailing P/E and EV/EBITDA (valuation-1, valuation-4) are consistent with a valuation that does not appear stretched given reported EBITDA, and a large institutional ownership base (ownership-0) signals material investor commitment in the data. Many items cited as negatives (negative FCF, higher CapEx, added risk language, some insider dispositions, medium‑term price weakness) are factual observations in the filings and market signals, but several of those filings items are procedural or flagged as 10b5-1 sales (insider-0, insider-1) and the filing diffs also removed dated language (filings-5).
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.34
36 surviving claims rest on 16 distinct sources; the heaviest analyst carries 19% of them, and 97% of what the desk raised survived the debate.
The evidence set is fairly extensive but not robustly independent: 36 surviving claims rely on 16 distinct sources, with the single heaviest analyst contributing a meaningful share and nearly all desk raises surviving debate. That combination raises moderate fragility — the read is informative but leans on a concentrated set of contributors and high internal consensus, so treat individual claims as data points rather than definitive, standalone conclusions.
Peer context · computed, not argued
12-1 momentum ranks 7th of 10 in Entertainment (as of 2026-09-17).
6-month relative strength ranks 7th of 10 in Entertainment (as of 2026-09-17).
90-day volatility ranks 8th of 10 in Entertainment (as of 2026-09-17).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment. When the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here (no outside knowledge, no browsing), and each card shows who read it and what it contributed to the score.
10 filings· 3 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data, not retyped or estimated.
Read by Mercer+0.7 to the score
9 documents· 5 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes−0.5 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash−0.4 to the score
3 holdings records· 1 cited
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.5 to the score
14 filings· 2 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state, with stated and inferred flags kept apart.
Read by Talbot−0.4 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only; it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal; the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
The full terminal on DIS Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
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Educational analysis of published data. Moneyta does not give investment advice or make recommendations.