Walt Disney names Karandeep Anand CTO. Walt Disney stock sits 13.43 percent below its high

Published on 10/02/2026 at 12:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal third-quarter revenue rose 6.76 percent to USD 25.25 billion. Walt Disney stock costs EUR 90.26 on October 2, 2026 versus EUR 90.14.

Belebtes Börsenparkett mit Medien-Sektor-Charts auf großen Anzeigetafeln und Händlern — Disney (Walt) Co. US2546871060 NYSE-Börsenparkett mit Medien-Sektor-Charts und aktiven Händlern im dramatischen Saallicht, Illustration mit AI erstellt.

Walt Disney stock (ISIN US2546871060) was trading at EUR 90.26 at Lang & Schwarz on October 2, 2026 at 12:08 p.m. CEST, up 0.13 percent versus the EUR 90.14 prior close. The company appointed Karandeep Anand as its first chief technology officer effective October 2, 2026, according to The Walt Disney Company in its September 18, 2026 announcement.

An AI role starts October 2

Anand will oversee enterprise technology, infrastructure, data and artificial intelligence platforms, product development and engineering across Disney's business segments. The company said a number of technical employees from Character.AI are expected to join him, giving the appointment an operating dimension beyond a senior leadership change.

Third-quarter revenue rises 6.76 percent

Disney's fiscal third-quarter revenue rose 6.76 percent year over year to USD 25.25 billion for the quarter ended June 27, 2026, according to Zacks. Adjusted earnings per share reached USD 2.06, up 9.57 percent from the USD 1.88 consensus estimate, while revenue came in 0.90 percent below the USD 25.48 billion consensus mark.

The operating picture was stronger than the reported bottom line. Financial Report Insights reported total segment operating income of USD 5.56 billion in fiscal third-quarter 2026, up 21.00 percent from USD 4.58 billion in the year-earlier quarter, while net income fell 49.87 percent to USD 2.64 billion.

Goldman cuts target to USD 140

According to Investing.com on September 28, 2026, Goldman Sachs lowered its Walt Disney price target from USD 144.00 to USD 140.00 while maintaining a Buy rating. The bank forecast fiscal fourth-quarter 2026 earnings per share of USD 1.73 against a USD 1.66 consensus estimate and cited slightly lower EBITDA expectations as the reason for the target reduction.

The target remains materially above the primary-exchange reference: the USD 140.00 target is 38.12 percent above the USD 101.36 last price from the NYSE quote at 3:59 p.m. ET on October 1, 2026. That price stood within the USD 92.19 to USD 117.09 52-week range, while Disney's market capitalization was USD 176.0 billion on the same date.

Disney stock stays below its yearly high

At Lang & Schwarz, Walt Disney stock was trading at EUR 90.26 on October 2, 2026 at 12:08 p.m. CEST, plus 0.13 percent versus the EUR 90.14 prior close. The further course of trading is shown by the continuously updated real-time quote of Walt Disney stock.