Hexed hits screens on November 25, 2026 — and with it, Disney’s latest animated original enters the ring against a year already dominated by Toy Story 5. That film’s $1.149 billion global haul isn’t just a benchmark. It’s a wall. To top it, Hexed would need to match or exceed that number worldwide, a task no one in the industry is taking seriously.

Early estimates peg its North American debut at $35–45 million over three days, rising to $50–70 million across five. That’s strong for an original, but nowhere near the stratosphere of Pixar’s summer juggernaut. Still, insiders say it could outperform Encanto’s opening, a modest win, but a win Still,. The film stars Hailee Steinfeld as Billie, a rebellious teen who stumbles into Hexe, a witch-filled realm tied to her family’s past.

Jodie Foster, Rashida Jones, Stephen Fry, and Walton Goggins lend their voices to a cast that leans into charm over shock. No surprise: the movie’s fate hinges on whether audiences care about another magical girl story in a year where the genre’s been flooded. With Toy Story 5 still holding court, and You Can See Everything riding high in its third weekend, Hexed walks into a crowded room.

Its only hope? A Thanksgiving run that sticks. If it does, it won’t be the biggest animation of 2026. But it might just be the most unexpected one.