Disney stock jumps 10% as streaming growth juices 2025 profit forecast

The move: Disney stock jumped as much as 10% Wednesday, sending shares to $92.17. The entertainment firm is down 17.22% so far this year.

The chart:

Why: The company delivered robust fiscal second-quarter earnings, while boosting its full-year profit outlook.

Disney anticipates adjusted profit of $5.75 per share for fiscal year 2025, close to double its previous guidance and above consensus expectations of $5.44.

The firm’s optimism is bolstered by blowout strength in its streaming businesses, with Disney+ adding 1.4 million subscribers in the quarter. The service, combined with Hulu, reported a $336 million profit, outpacing the $47 million profit garnered in the same quarter last year.

What it means:

Disney’s performance offers a ray of hope during tariff uncertainty, something the company acknowledged it was keeping track of.

Investors were also cheering strength in the company’s parks theme park business, which Disney said it would be expanding to a new market. Following its earnings report, the company announcing a new theme park in Abu Dhabi.