Disney Stock Values on the RISE Ahead of Critical News Drop

It’s been an…interesting few years for Disney’s stock.

©Disney | Walt Disney Company Headquarters

During the start of the pandemic, Disney’s stock hit incredibly low values. It then skyrocketed to some of the HIGHEST values the stock had ever seen and proceeded to plummet to some very low values in 2022. So where is the stock at right now? And what could impact those stock numbers soon? Here’s what we know.

According to Google Finance, as of August 8th, 2022, Disney stock was trading at around $109.11. Technically, the stock has recently traded a bit higher — at around $109.57 (during part of August 3rd) and $111 on August 8th. But the $109 number is still an improvement compared to some recent months.

©Google

That’s a significant increase from the $93.29 we saw back in June of 2022 and the $91.84 seen in July of 2022.

©Google

But it’s also a far cry from the $176.72 seen back in August of 2021 or the all-time high of nearly $200 per share hit in March of 2021.

©Google

Overall, Disney’s stock seems to be going in the right direction now, but it’s fallen quite far during the past few months.

©Google

A number of factors may have impacted the stock’s value, including the situation with the stock market in general, concerns regarding inflation, and a number of other factors focused more on the company itself.

The stock value seems to be improving from some of the lows seen last month and in June, but how long could that last? Well, it could once again depend on a number of factors. The situation with the market, continuing inflation concerns, and concerns of a recession could impact things.

But, perhaps more specific to Disney itself, Disney will be holding its quarterly earnings call this week on August 10th and it will release its quarterly earnings report on the same day.

Bob Chapek

If the Company reports big earnings in the parks (and/or other divisions) along with large subscriber increases on Disney+, that could cause stock values to increase again or at least stay at their current level. Good news from the earnings report could give investors more confidence in the Company as a whole and its stock.

But, bad news from the earnings call — lower than expected profits in the parks or other divisions and/or slowed Disney+ subscriber growth — could cause a decline in stock values and lead investors to question the stock’s worth at this moment in time.

Cinderella Castle

There are many other factors likely impacting investors’ thoughts at this time, but the Earnings Call and Earnings Report could be a source of comfort or a source of concern for those investing, depending on how things go.

We’ll be covering all of the key things that come out of the Earnings Report and Earnings Call, so be sure to check back with us on August 10th for all of the news you need to know there.

In the meantime, click here to learn about the BIG bonus Disney’s CEO could earn, and click here to learn about how Disney’s reputation dropped FAST, according to one survey.

Click here to see where LinkedIn has ranked the Disney Company

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The post Disney Stock Values on the RISE Ahead of Critical News Drop first appeared on the disney food blog.