California Attorney General Announces $2.75M CCPA Settlement With The Walt Disney Company (DIS)

California Attorney General Announces $2.75M CCPA Settlement With The Walt Disney Company (DIS)

Jeff Lewis

Wed, February 18, 2026 at 1:42 PM GMT+9 2 min read

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The Walt Disney Company (NYSE:DIS) is among the 11 Best Entertainment Stocks to Buy According to Wall Street.

California Attorney General Announces $2.75M CCPA Settlement With The Walt Disney Company (DIS)

On February 13, 2026, California Attorney General Rob Bonta announced a $2.75 million settlement with The Walt Disney Company (NYSE:DIS) over allegations that it violated the California Consumer Privacy Act by failing to fully honor consumers’ requests to opt out of the sale or sharing of their data across devices and streaming services tied to Disney accounts. Under the settlement, Disney must pay civil penalties and implement opt-out mechanisms that completely stop the sale or sharing of consumers’ personal information. Bonta said the agreement represents the largest settlement to date under the CCPA and emphasized that businesses cannot require consumers to opt out on a device-by-device or service-by-service basis.

Earlier, on February 3, 2026, Disney announced that its board unanimously elected Disney Experiences chairman Josh D’Amaro to succeed Robert Iger as CEO, effective March 18 at the company’s annual meeting. The board also intends to appoint D’Amaro as a director following the meeting. Dana Walden, co-chairman of Disney Entertainment, was named president and chief creative officer, also effective March 18. Iger will remain a senior advisor and board member until his retirement on December 31.

Also on February 3, Rosenblatt analyst Barton Crockett lowered his price target on Disney to $130 from $139 and maintained a Buy rating, saying fiscal Q1 earnings topped consensus but describing management commentary as “uninspiring.” He noted that while Disney retained guidance for double-digit EPS growth, growth is expected to stall across segments in Q2, with results weighted toward the back half of the year.

The same day, Morgan Stanley analyst Thomas Yeh resumed coverage with an Overweight rating and a $135 price target, citing what he sees as a compelling risk/reward profile. The firm expects double-digit adjusted earnings growth in fiscal 2026 and beyond and described core streaming and parks trends as healthy, with potential acceleration in the second half.

The Walt Disney Company (NYSE:DIS) operates as a global entertainment company through its Entertainment, Sports, and Experiences segments.

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READ NEXT: 10 Most Profitable Undervalued Stocks to Buy and 11 Best Mining Stocks to Buy According to Wall Street.

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