Is the Jefferies price target cut to US$132 bearish for Disney stock today?

Not necessarily. Jefferies reduced the target to tighten near-term expectations, but the new level still sits above recent trading. That implies some upside remains if execution improves. The broader analyst mix is supportive, with more Buys than Holds, suggesting the medium-term thesis remains intact.

How could a Josh D’Amaro CEO move affect the share price?

Leadership certainty can reduce perceived risk. Investors would likely focus on continuity across parks, ESPN strategy, and streaming profitability. Clear priorities, disciplined capital allocation, and consistent KPIs could support a re-rating. Any transition should be paired with targets on margins, ARPU, churn, and free cash flow.

What might an OpenAI partnership mean for Disney’s results?

AI could speed production workflows, enhance recommendations, and lower service costs. The financial lift would likely show up in higher ARPU, better ad monetisation, or lower unit costs. Investors should seek quantified KPIs and timelines, not just pilots, to judge whether AI contributes meaningfully to margins and growth.

What should Australian investors consider before buying Disney stock today?

Decide between direct US shares and an ASX ETF with US exposure. Check brokerage and FX fees, and note USD currency risk on returns. Submit a W-8BEN to reduce dividend withholding to 15%. Set risk limits and use price alerts around key technical levels to manage entries and adds.

Global Market Insights

DIS Stock Today, February 10: Jefferies Cuts Price Target to $132

ByHuzaifa Zahoor February 9, 2026February 9, 2026

Disney stock today is in focus after Jefferies trimmed its price target to US$132 from US$136, a modest reset that still implies upside for patient investors. We see traders weighing this call alongside CEO succession talk around Josh D’Amaro and reports of an OpenAI partnership. For Australians, the US listing of DIS adds FX and tax steps to consider. Below we break down what the target cut means, how leadership and AI catalysts factor in, and what levels and dates we would watch next.