Seeking Alpha
12 Oct 2026, 05:34 UTC · 1h ago
Disney: Skydance Is A Bullish Catalyst
Impact · against what's priced in
The Skydance merger and valuation gap against WBD act as catalysts for Disney by supporting a valuation re-rating that the market currently rejects. While Disney's operational improvements are already reflected in the price, the potential for a multiple expansion toward industry parity remains an unlocked driver.
- DIS+0.30
Challenges what's priced in
- The price assumes
A valuation re-rating back toward the historical 20x earnings average from the current 15-16x
The market is not currently paying for a valuation re-rating, yet the article argues that Disney's 10x EV/EBITDA is an undue discount compared to Warner Bros.' 14x, suggesting significant upside if this gap closes.
What DIS's price assumes · Sep 3
Top 1 mover · tap to explore
