As of August 2024, Walt Disney has a market cap of $156.17 Billion and its share price is $86.05. In 2023, the company made a revenue of $88.93 Billion, an increase over the revenue of year 2022 which was $84.41 Billion. In the last one month, Disney has lost 11.92% of its value and 19.03% of its value in last 3 months. Disney’s 2024 high is $123.95, which happened on the 28th of March 2024.
In the first week of May 2024, there was a gap down in the price of Disney from $117 to $107 per share. This gap down is yet to be covered as the bears have continued to push price lower. The current 2024 low is $84.03. Disney’s support level in 2023 was at $79.03 per share, almost the same as the lowest price in 2020.
Our analysts see price jump from the low to new highs in the coming months. Price is sold on the daily chart. Price of Disney might move past $120 per share from its current price of $86.05.
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