Walt Disney puts its top-tier media dominance to the test when it reports results before the bell Tuesday.
Wells Fargo's Steven Cahall upped his price target to $141 a share, suggesting upside of 24%.
StreetAccount estimates call for 229.35 million subscribers across the business unit and nearly 155 million Disney+ subscribers.
At its last earnings call in February, Disney said it expects between 5.5 million to 6 million added subscribers in the second quarter.
He forecasts an additional 4 million subscribers each year.
Persons:
Walt Disney, Nelson Peltz, Jessica Reif Ehrlich, David Karnovsky, Wells Fargo's Steven Cahall, Deutsche Bank's Bryan Kraft, Disney, Vijay Jayant, America's Ehrlich
Organizations:
Trian Partners, LSEG, Walt Disney, Bank of America, JPMorgan, Disney, Deutsche, DTC, Netflix, Bank
Locations:
F1Q