Markets.com Logo
euEnglish
LoginSign Up

US stock market: Netflix (NFLX) Rise Amid Disney Stock (DIS) Drops

Nov 28, 2024
4 min read
Table of Contents
  • 1. Disney Stock Youth Advantage Over Netflix
  • 2. Demand Driving Disney Stock Performance
  • 3. Disney Stock Price Prediction for 2025

us-stocks-width-1200-format-jpeg.jpg

After Netflix (NFLX) stock bottomed in May 2022, shares went on a tear, surging 458% until they notched a record high this month. During that time, however, Disney stock (DIS) sank as Netflix climbed.

With clear indications of strong demand and a significant earnings boost, Disney stock is poised for a new upward movement, benefiting from a competitive edge over its streaming counterpart. As Disney targets a buy point, it has recently made its way onto Investor's Business Daily's Breakout Stocks Index.
 


Disney Stock Youth Advantage Over Netflix


Although the Walt Disney Company is 101 years old, it holds a "youth" advantage in terms of its stock's performance base compared to Netflix. Throughout its impressive ascent, Netflix has established multiple bases since 2022, with its latest breakout occurring in August from a fourth-stage pattern, which generally carries more risk than earlier-stage setups.

In contrast, Disney stock is currently forming a first-stage cup base, rising nearly 2% on Wednesday. The buy point stands at 123.74. Before this new formation, Disney had developed a long and deep cup with a handle, but after clearing the buy point in that base, it entered another prolonged slump.

Recently, however, Disney has found renewed momentum, driven by increasing profits in its streaming segment.

Shares of Netflix shot up 0.5% during mid-day trading on Thursday. The company traded as high as $880.95 and last traded at $877.34. 2,575,914 shares were traded during mid-day trading, a decline of 30% from the average session volume of 3,668,794 shares. Netflix stock had previously closed at $872.60.
 


Demand Driving Disney Stock Performance


On November 14, Wall Street's enthusiasm was clear, marked by a substantial volume gap-up following earnings. Since then, the stock has maintained and built on that one-day gain of over 6%, approaching a new buy point.

Disney has announced the return of Destination D23, the ultimate fan event from D23: The Official Disney Fan Club. Scheduled for August 29-31, 2025, this event promises to be twice the size of previous years. It will be held at Disney’s Coronado Springs Resort in Walt Disney World.

Institutional demand is further highlighted by an A- Accumulation/Distribution Rating and an impressive 2.2 up/down volume ratio. In addition, Disney's 50-day moving average is on track to cross back above its 200-day line, indicating rising technical strength. Its relative strength line has also surged as Disney moves toward a breakout.

While Netflix has also seen strong demand, reflected in its B+Accumulation/Distribution Rating and a 1.6 up/down volume ratio, investors should exercise caution given its substantial past gains, especially for those without a significant profit cushion.
 


Disney Stock Price Prediction for 2025


The average 12-month price target of Disney stock, based on projections from 28 analysts, is $111.57 per share, indicating a growth estimate of -3.83%. Similarly, 24/7 Wall Street forecasts a price of $111.93, suggesting a potential loss of -3.53%. These figures rely on the expectation that the upcoming film and TV schedule will unfold as planned.

Among the anticipated releases is Moana 2, featuring the beloved animated heroine from the South Pacific, set to debut during the 2024 Christmas season. This film is expected to positively impact Disney's revenues for 2025, as the company’s fiscal year concludes on September 30. Additionally, Mufasa: The Lion King, a sequel to the blockbuster The Lion King, will complete the 2024 release lineup. The 2025 family entertainment slate will also include Zootopia 2 and a live-action remake of Lilo and Stitch.
 



When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss. 

Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.

 


Risk Warning and Disclaimer: This article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform. Trading Contracts for Difference (CFDs) involves high leverage and significant risks. Before making any trading decisions, we recommend consulting a professional financial advisor to assess your financial situation and risk tolerance. Any trading decisions based on this article are at your own risk.

Frances Wang
Written by
Frances Wang
SHARE

Markets

  • Palladium - Cash

    chartpng

    --

    0.26%
  • EUR/USD

    chartpng

    --

    -0.11%
  • Cotton

    chartpng

    --

    0.00%
  • AUD/USD

    chartpng

    --

    -0.63%
  • Santander

    chartpng

    --

    0.46%
  • Apple.svg

    Apple

    chartpng

    --

    0.43%
  • easyJet

    chartpng

    --

    0.45%
  • VIXX

    chartpng

    --

    0.00%
  • Silver

    chartpng

    --

    0.02%
Tags DirectoryView all
Table of Contents
  • 1. Disney Stock Youth Advantage Over Netflix
  • 2. Demand Driving Disney Stock Performance
  • 3. Disney Stock Price Prediction for 2025

Related Articles

Euro firms ahead of ECB meeting on June 6

Week Ahead: Japan Election, ECB Interest Rate Decision, Powell’s Speech

The week begins with Japan’s Upper House election on Sunday, July 20 (All Day), a major political test for PM Ishiba’s coalition, which risks losing its majority amid rising voter discontent.

Tommy Yap|in 3 days

US Bankers Defend Federal Reserve Independence Amid Political Pressure

Top US bankers defend the Federal Reserve's independence amid political pressure, emphasizing its importance for economic stability.

Ava Grace|about 1 hour ago

US Economy in Uncertainty: Tariffs and Labor Shortages Worry Businesses

The Federal Reserve's Beige Book paints a hazy outlook for the US economy, with businesses facing increasing challenges from tariffs and labor shortages, raising concerns about inflation and slowing growth.

Noah Lee|about 1 hour ago
Markets.com Logo
google playapp storeweb tradertradingView

Contact Us

support@markets.com+12845680155

Markets

  • Forex
  • Shares
  • Commodities
  • Indices
  • Crypto
  • ETFs
  • Bonds

Trading

  • Trading Tools
  • Platform
  • Web Platform
  • App
  • TradingView
  • MT4
  • MT5
  • CFD Trading
  • CFD Asset List
  • Trading Info
  • Trading Conditions
  • Trading Hours
  • Trading Calculators
  • Economic Calendar

Learn

  • News
  • Trading Basics
  • Glossary
  • Webinars
  • Traders' Clinic
  • Education Centre

About

  • Why markets.com
  • Global Offering
  • Our Group
  • Careers
  • FAQs
  • Legal Pack
  • Safety Online
  • Complaints
  • Contact Support
  • Help Centre
  • Sitemap
  • Cookie Disclosure
  • Regulation
  • Awards and Media

Promo

  • Gold Festival
  • Crypto Trading
  • marketsClub
  • Welcome Bonus
  • Loyal Bonus
  • Referral Bonus

Partnership

  • Affiliation
  • IB

Follow us on

  • Facebook
  • Instagram
  • Twitter
  • Youtube
  • Linkedin
  • Threads
  • Tiktok

Listed on

  • 2023 Best Trading Platform Middle East - International Business Magazine
  • 2023 Best Trading Conditions Broker - Forexing.com
  • 2023 Most Trusted Forex Broker - Forexing.com
  • 2023 Most Transparent Broker - AllForexBonus.com
  • 2024 Best Broker for Beginners, United Kingdom - Global Brands Magazine
  • 2024 Best MT4 & MT5 Trading Platform Europe - Brands Review Magazine
  • 2024 Top Research and Education Resources Asia - Global Business and Finance Magazine
  • 2024 Leading CFD Broker Africa - Brands Review Magazine
  • 2024 Best Broker For Beginners LATAM - Global Business and Finance Magazine
  • 2024 Best Mobile Trading App MENA - Brands Review Magazine
  • 2024 Best Outstanding Value Brokerage MENA - Global Business and Finance Magazine
  • 2024 Best Broker for Customer Service MENA - Global Business and Finance Magazine
LegalLegal PackCookie DisclosureSafety Online

Payment
Methods

mastercardvisanetellerskrillwire transferzotapay
The markets.com/za/ site is operated by Markets South Africa (Pty) Ltd which is a regulated by the FSCA under license no. 46860 and licensed to operate as an Over The Counter Derivatives Provider (ODP) in terms of the Financial Markets Act no.19 of 2012. Markets South Africa (Pty) Ltd is located at BOUNDARY PLACE 18 RIVONIA ROAD, ILLOVO SANDTON, JOHANNESBURG, GAUTENG, 2196, South Africa. 

High Risk Investment Warning: Trading Foreign Exchange (Forex) and Contracts For Difference (CFDs) is highly speculative, carries a high level of risk and is not appropriate for every investor. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. Please read the full  Risk Disclosure Statement which gives you a more detailed explanation of the risks involved.

For privacy and data protection related complaints please contact us at privacy@markets.com. Please read our PRIVACY POLICY STATEMENT for more information on handling of personal data.

Markets.com operates through the following subsidiaries:

Safecap Investments Limited, which is regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under license no. 092/08. Safecap is incorporated in the Republic of Cyprus under company number ΗΕ186196.

Finalto International Limited is registered  in the Saint Vincent and The Grenadines (“SVG”) under the revised Laws of Saint Vincent and The Grenadines 2009, with registration number  27030 BC 2023.

Close
Close

set cookie

set cookie

We use cookies to do things like offer live chat support and show you content we think you’ll be interested in. If you’re happy with the use of cookies by markets.com, click accept.