'Inside Out 2' tops $1 billion at the global box office, first film to do so since 'Barbie'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 30 2024
0mins
Source: CNBC
"Inside Out 2" Billion-Dollar Success:
- Disney and Pixar's "Inside Out 2" joins the billion-dollar club, grossing $1.014 billion worldwide.
- It is the highest-grossing film of 2024 and the first animated movie since "Barbie" to surpass $1 billion at the global box office.
Pixar's Box Office Recovery:
- The success of "Inside Out 2" marks a significant win for Disney's Pixar animation studio after pandemic-related box office struggles.
- Prior to this, no Disney animated feature from Pixar or Walt Disney Animation had exceeded $480 million globally since 2019.
Audience Impact:
- The film highlights the importance of family audiences, with over 70% of attendees during its domestic debut being families.
- It also attracted the teen demographic, with 14% of foot traffic coming from those aged 13 to 17, a group that has been less present in recent years.
Market Dynamics:
- The success of "Inside Out 2" underscores the significance of appealing to family and teen audiences in driving box office performance.
- Other recent successful family-oriented films include "The Super Mario Bros. Movie," "The Garfield Movie," and "IF."
Upcoming Releases:
- The next anticipated family and teen-focused film is Universal and Illumination's "Despicable Me 4," set to premiere during the July Fourth holiday weekend.
Analyst Views on SONY
Wall Street analysts forecast SONY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SONY is 34.00 USD with a low forecast of 34.00 USD and a high forecast of 34.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 22.960
Low
34.00
Averages
34.00
High
34.00
Current: 22.960
Low
34.00
Averages
34.00
High
34.00
About SONY
Sony Group Corp is a Japan-based company engaged in the games & network services (G&NS), music, movies, entertainment technology & services (ET&S), imaging & sensing solutions (I&SS) and other businesses. It has seven business segments. G&NS segment is involved in network service business, the manufacture and sale of home video game consoles and software. The Music segment mainly includes music production, music publishing and video media platform businesses. The Movies segment mainly includes film production, television program production and media network businesses. The ET&S field mainly includes the television business, audio, video business, still image, video camera business, smartphone business and Internet-related service business. The I&SS segment mainly includes the image sensor business. The Financial segment is involved in the insurance business and banking business. The Other segment consists of activities such as disc manufacturing business and recording media business.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








