The company is in a difficult position, and the latest projections for 2026 suggest that further cost-cutting measures will be necessary. In this context, the company’s new CEO, Josh D’Amaro, announced in an email to employees that another round of layoffs is being prepared. According to him, the cuts will affect the marketing group, which was already reorganized in January, as well as several other divisions of the corporation, including the studio business and ESPN. Preliminary estimates suggest that the workforce may be reduced by around 1,000 employees. The last major restructuring of this kind took place in 2023, when 7,000 jobs were cut, which, according to management, helped save up to $5.5 billion.
The company’s first-quarter earnings report will be released on May 6. Revenue is expected to decline from $25.98 billion to $24.84 billion, although that would still be above the $23.62 billion recorded in the same period a year earlier. Earnings per share (EPS) are forecast to fall from $1.63 to $1.49, compared with $1.45 a year ago. Disney has already published its 2026 dividend schedule: the first semiannual payment of $0.75 was made on January 15, while the second payment of the same amount is scheduled for July 22. This would result in a dividend yield of 1.45%, which is nearly twice below the sector average of 2.35%.
Support and resistance levels
On the daily chart, the instrument is trading slightly above the resistance line of a local descending channel with boundaries at 99.00–92.00.
Technical indicators continue to hold the buy signal received in the middle of the month: the fast EMAs of the Alligator indicator remain above the signal line, while the AO histogram is forming rising bars in positive territory.
Resistance levels: 106.20, 113.10.
Support levels: 101.10, 92.40.
Trading scenarios and The Walt Disney Co. forecast
Long positions may be considered after the price rises and consolidates above 106.20, with a target at 113.10. Stop-loss: below 103.00. Implementation period: 7 days or more.
Short positions may be considered after the price declines and consolidates below 101.10, with a target at 92.40 and a stop-loss at 106.00.
Scenario
| Timeframe | Weekly |
| Recommendation | BUY STOP |
| Entry Point | 106.25 |
| Take Profit | 113.10 |
| Stop Loss | 103.00 |
| Key levels | 92.40, 101.10, 106.20, 113.10 |
Alternative Scenario
| Recommendation | SELL STOP |
| Entry Point | 101.05 |
| Take Profit | 92.40 |
| Stop Loss | 106.00 |
| Key levels | 92.40, 101.10, 106.20, 113.10 |
