Disney shares rallied 3% in the latest trading session. The stock closed at $103.89.
The surge follows high box office anticipation for Toy Story 5, which debuts this weekend. Analysts expect the film to generate a significant theatrical windfall for the company.
The franchise remains one of Disney’s most reliable and profitable assets. Investors anticipate robust earnings and revenue growth for the upcoming quarter.
Analysts revised the consensus earnings per share estimate higher over the last 30 days. This revision reflects positive sentiment ahead of the film's release.