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DreamWork Needs a Hit

DreamWorks latest animation, Mr. Peabody and Sherman, was considered a flop after only made $32.5 million domestically during the opening weekend. However small that seems, it still made top spot during the slow season. The company stock itself was down from $35 in the late February to around $27 now but the analysts don’t think of it as cheap just yet.

The problem with DreamWorks is that their later products did not reach $200 million mark since Shrek and Madagascar. Unlike its rival, Disney with has top hit passed $200 million such as Brave, Tangled and smash Frozen, and Universal with Despicable Me. This has shown that increased competition has put pressure on the company’s performance and Wall Street is expecting the company to post a loss for this year as its revenue has been well below breakeven point.