ESPN, owned by Disney ( DIS) , is the global leader in sports video programming and arguably the world's most popular sports channel. Disney competes with other media and broadcasting companies like Time Warner ( TWX) and News Corp ( NWS). We currently have a Trefis price estimate of $38 for Disney's stock, about 11% above the current market price of $34.Trefis members have created forecasts for two key drivers of Disney's stock over the last week: (1) ESPN Fee per Subscriber and (2) ESPN EBITDA Margin. The member forecasts for ESPN Fee per Subscriber trend slightly above the Trefis forecast. ESPN is the most valuable division for Disney, constituting around 32% of the $38 Trefis price estimate for Disney's stock. ESPN telecasts popular shows like SportCenter and also has rights to major sporting events like the NFL, NBA and the FIFA World Cup. Disney's stock is quite sensitive to (1) ESPN Fee per Subscriber and (2) ESPN EBITDA Margin. Below are charts showing recent estimates created by Trefis members for the two drivers in detail.