---
title: "儘管迪士尼創下了收益記錄並達到了流媒體的里程碑，其股價仍然下滑"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/286358045.md"
description: "迪士尼報告了創紀錄的收益，調整後的每股收益為 1.57 美元，收入達到 252 億美元，超出預期，並顯示出流媒體運營收入增長了 88%。然而，報告發布後，股價下跌 1.19%，至 104.90 美元，儘管體驗收入強勁且流媒體利潤率達到兩位數，但投資者仍表現出謹慎。分析師建議，如果流媒體利潤率和體驗增長持續，可能會有 20% 的上漲空間，但也警惕體育版權費用上漲和現金流問題等風險"
datetime: "2026-05-14T04:45:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286358045.md)
  - [en](https://longbridge.com/en/news/286358045.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286358045.md)
---

# 儘管迪士尼創下了收益記錄並達到了流媒體的里程碑，其股價仍然下滑

Earnings beat expectations: Disney’s adjusted EPS rose to $1.57 on $25.2 billion revenue, surpassing analyst forecasts and marking an 88% jump in streaming operating income. Stock drops post-report: Shares fell 1.19% to $104.90 despite record Experiences revenue and the first double-digit streaming margin, reflecting investor caution. Analysts see upside: Wall Street targets suggest up to 20% upside if streaming margins hold and Experiences growth continues, though risks include sports rights inflation and cash flow weakness.

### 相關股票

- [DIS.US](https://longbridge.com/zh-HK/quote/DIS.US.md)

## 相關資訊與研究

- [《曼達洛人與古古》票房縱超預期仍新低](https://longbridge.com/zh-HK/news/287470556.md)
- [〈財報〉Disney+ 終於不燒錢了！迪士尼新掌門人首戰告捷](https://longbridge.com/zh-HK/news/285405894.md)
- [據報迪士尼計劃推出超級手機 App 整合旗下多項服務](https://longbridge.com/zh-HK/news/285650860.md)
- [迪士尼新任 CEO D’Amaro 提出以 Disney+ 為核心的「數位樞紐」戰略](https://longbridge.com/zh-HK/news/285421910.md)
- [迪士尼逆轉策略：擱置 ESPN 剝離計劃，押注流媒體整合戰略](https://longbridge.com/zh-HK/news/284578500.md)