Disney Shares Remain Under Pressure Ahead of August Earnings Report

The company remains in a challenging position. In addition to the expected difficulties in capturing new market share in streaming, Disney is also facing regulatory pressure from the current administration. An investigation into eight ABC network television stations owned by Disney is ongoing after the US President called on the Federal Communications Commission (FCC) to review the stations’ licences. In particular, ABC’s daytime programme “The View” has faced increased scrutiny, as it may fall under federal equal-time rules for political candidates. According to the FCC, the company submitted documents confirming compliance with all requirements, but those documents were deemed insufficient. Disney has already filed several objections, arguing that the FCC’s actions are unlawful because, according to the planned schedule, the reviews were not supposed to begin before 2028. However, pressure from the US President, who has repeatedly called for the dismissal of popular show host Jimmy Kimmel, continues and could lead to restrictions on ABC.

As for financial results, the new quarterly report is due to be released on August 12, 2026. The company may report revenue of $25.47 billion, above $25.17 billion in the previous quarter and also higher than $23.65 billion in the same period a year earlier. Earnings per share (EPS) may remain at $1.86, exceeding $1.57 in the prior quarter and $1.61 in the corresponding period last year.

Regarding dividends, the company has already published its full payment schedule for 2026. The first semi-annual dividend payment took place on January 15 and amounted to $0.75 per share, while the second is scheduled for July 22 and will also amount to $0.75. This would result in a half-year yield of 1.52%, which is notably below the sector average of 2.32%.

Support and resistance levels

On the daily chart, the company’s share price continues to trade slightly above the support line of a local descending channel with boundaries at 105.00–86.00.

Technical indicators continue to maintain the sell signal received at the beginning of the month. The fast EMAs of the Alligator indicator remain below the signal line, while the Awesome Oscillator histogram is in sell territory and continues to form new downward bars.

Support levels: 95.40, 89.60.

Resistance levels: 100.00, 106.30.

The Walt Disney Co. Trading Scenarios and Price Forecast

If the asset continues its corrective decline and the price consolidates below the local support level at 95.40, short positions may be considered with a target at 89.60 and a stop-loss at 98.00. Expected implementation period: 7 days or more.

If the asset continues its corrective growth and the price consolidates above the resistance level at 100.00, long positions may become relevant with a target at 106.30. A stop-loss should be placed below the support level at 98.00.