
Disney's stock is trading at the high end of the spectrum which most investors see as justified given the strong subscriber growth on its DTC platforms.
However, going forward Disney stock is at risk of deteriorating operating profitability due to a number of risk factors occurring at the same time.
The extremely high box office market share is also at risk which could be yet another hit on Disney's profitability and free cash flow.
Although Disney's acquisitions over the past decade have been mostly successful, M&A addiction might just make the matters worse.
READ FULL ARTICLE HERE