Disney Stock Falls 1.8% to $101.83 on May 31 as Earnings Loom

By Danny Kontos

May 31, 2026

08:41 PM

3 min read

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Key Points

Disney stock fell 1.8% to $101.83 on May 31 amid normal trading.

Meyka rates DIS B+ with $121.53 12-month target, 19% upside.

Twenty analysts rate Buy with strong consensus support.

Q2 EPS of $1.57 beat expectations, earnings due August 5.

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Disney stock fell 1.8% to $101.83 on May 31 as the entertainment company prepares for earnings. The stock has declined 10.5% year-to-date but maintains analyst support. Meyka rates DIS a B+ with a 12-month price target of $121.53, suggesting 19% upside from current levels.

Stock Performance and Recent Moves

Disney shares dropped 1.8% to $101.83 on May 31, with volume reaching 13.3 million shares. The stock has fallen 2.1% over five days and 3.95% in three months. However, Disney remains up 0.54% for May and trades near its 50-day average of $101.58. The stock’s 52-week range spans $92.19 to $124.69.

Earnings Beat and Analyst Support

Disney reported Q2 2026 earnings per share of $1.57, beating expectations. The company has a P/E ratio of 16.3 and earnings per share of $6.25 for the trailing twelve months. Twenty analysts rate the stock Buy, with five maintaining Hold ratings. The analyst consensus is 3.00, indicating strong support for the stock.

Meyka Rating and Valuation

Meyka assigns Disney a B+ grade with a 12-month price target of $121.53, implying 19% upside. The stock trades at 1.66 times book value and 1.82 times sales. Technical indicators show the RSI at 45.36, suggesting neutral momentum, while the CCI at -117.37 indicates oversold conditions. The next earnings announcement is scheduled for August 5, 2026.

Financial Health and Dividends

Disney maintains a dividend yield of 1.22% with a quarterly payout of $1.25 per share. The company has a debt-to-equity ratio of 0.44 and interest coverage of 9.81 times, indicating solid financial stability. Free cash flow per share stands at $4.03, supporting the dividend and share buybacks.

Final Thoughts

Disney’s 1.8% decline on May 31 reflects normal market volatility ahead of earnings. With Meyka rating the stock B+ and analysts maintaining Buy consensus, the data points to limited downside risk and potential for recovery toward the $121.53 target.

FAQs

Why did Disney stock fall on May 31?

Disney declined 1.8% to $101.83 on May 31 due to normal market trading ahead of earnings, reflecting broader market movements rather than company-specific issues.

What is Meyka’s price target for Disney?

Meyka’s 12-month price target is $121.53, representing 19% upside potential from the current $101.83 price, with a B+ grade rating.

When is Disney’s next earnings report?

Disney’s next earnings announcement is August 5, 2026. The company reported Q2 2026 EPS of $1.57, exceeding market expectations.

Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.

About Author

Danny Kontos

Co Founder

Danny Kontos has been a stock investor since 2007 and co-founded Meyka in 2023. He keeps a small, focused portfolio and only moves when the numbers are hard to argue with. He has waited years on a single position before. Before Meyka, he ran a web hosting company and a mortgage lending platform, so he knows what a well-run business actually looks like under the hood. This article did not come from a news cycle. It came from someone who has been watching this space for a long time.