An Analyst’s Disney Cheer: Can’t Stop, Won’t Stop

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Given what MoffettNathanson Senior Analyst Michael Nathanson calls The Walt Disney Co.‘s “relatively flat share price performance” through the first 8 1/2 months of 2021, his Wall Street financial house believes there is “ongoing tension” in the market between those that look at the drivers of Disney’s Earnings Per Share and those that look at the drivers of Disney’s valuation multiple.


What is the main driver right now? Theme parks are driving the U.S., not Disney+. The latter is fueled by international growth.

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