diff --git a/esphome/components/mipi_dsi/models/waveshare.py b/esphome/components/mipi_dsi/models/waveshare.py
index 7cfd6f1645..c3d080f8b2 100644
--- a/esphome/components/mipi_dsi/models/waveshare.py
+++ b/esphome/components/mipi_dsi/models/waveshare.py
@@ -56,50 +56,41 @@ DriverChip(
     "WAVESHARE-P4-86-PANEL",
     height=720,
     width=720,
-    hsync_back_porch=80,
+    hsync_back_porch=50,
     hsync_pulse_width=20,
-    hsync_front_porch=80,
-    vsync_back_porch=12,
+    hsync_front_porch=50,
+    vsync_back_porch=20,
     vsync_pulse_width=4,
-    vsync_front_porch=30,
-    pclk_frequency="46MHz",
-    lane_bit_rate="1Gbps",
+    vsync_front_porch=20,
+    pclk_frequency="38MHz",
+    lane_bit_rate="480Mbps",
     swap_xy=cv.UNDEFINED,
     color_order="RGB",
     reset_pin=27,
     initsequence=[
         (0xB9, 0xF1, 0x12, 0x83),
-        (
-            0xBA, 0x31, 0x81, 0x05, 0xF9, 0x0E, 0x0E, 0x20, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x44, 0x25, 0x00,
-            0x90, 0x0A, 0x00, 0x00, 0x01, 0x4F, 0x01, 0x00, 0x00, 0x37,
-        ),
-        (0xB8, 0x25, 0x22, 0xF0, 0x63),
-        (0xBF, 0x02, 0x11, 0x00),
+        (0xB1, 0x00, 0x00, 0x00, 0xDA, 0x80),
+        (0xB2, 0x3C, 0x12, 0x30),
         (0xB3, 0x10, 0x10, 0x28, 0x28, 0x03, 0xFF, 0x00, 0x00, 0x00, 0x00),
-        (0xC0, 0x73, 0x73, 0x50, 0x50, 0x00, 0x00, 0x12, 0x70, 0x00),
-        (0xBC, 0x46), (0xCC, 0x0B), (0xB4, 0x80), (0xB2, 0x3C, 0x12, 0x30),
-        (0xE3, 0x07, 0x07, 0x0B, 0x0B, 0x03, 0x0B, 0x00, 0x00, 0x00, 0x00, 0xFF, 0x00, 0xC0, 0x10,),
-        (0xC1, 0x36, 0x00, 0x32, 0x32, 0x77, 0xF1, 0xCC, 0xCC, 0x77, 0x77, 0x33, 0x33),
+        (0xB4, 0x80),
         (0xB5, 0x0A, 0x0A),
-        (0xB6, 0xB2, 0xB2),
-        (
-            0xE9, 0xC8, 0x10, 0x0A, 0x10, 0x0F, 0xA1, 0x80, 0x12, 0x31, 0x23, 0x47, 0x86, 0xA1, 0x80,
-            0x47, 0x08, 0x00, 0x00, 0x0D, 0x00, 0x00, 0x00, 0x00, 0x00, 0x0D, 0x00, 0x00, 0x00, 0x48,
-            0x02, 0x8B, 0xAF, 0x46, 0x02, 0x88, 0x88, 0x88, 0x88, 0x88, 0x48, 0x13, 0x8B, 0xAF, 0x57,
-            0x13, 0x88, 0x88, 0x88, 0x88, 0x88, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00,
-            0x00, 0x00, 0x00, 0x00,
-        ),
-        (
-            0xEA, 0x96, 0x12, 0x01, 0x01, 0x01, 0x78, 0x02, 0x00, 0x00, 0x00, 0x00, 0x00, 0x4F, 0x31,
-            0x8B, 0xA8, 0x31, 0x75, 0x88, 0x88, 0x88, 0x88, 0x88, 0x4F, 0x20, 0x8B, 0xA8, 0x20, 0x64,
-            0x88, 0x88, 0x88, 0x88, 0x88, 0x23, 0x00, 0x00, 0x01, 0x02, 0x00, 0x00, 0x00, 0x00, 0x00,
-            0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x40, 0xA1, 0x80, 0x00, 0x00,
-            0x00, 0x00,
-        ),
-        (
-            0xE0, 0x00, 0x0A, 0x0F, 0x29, 0x3B, 0x3F, 0x42, 0x39, 0x06, 0x0D, 0x10, 0x13, 0x15, 0x14,
-            0x15, 0x10, 0x17, 0x00, 0x0A, 0x0F, 0x29, 0x3B, 0x3F, 0x42, 0x39, 0x06, 0x0D, 0x10, 0x13,
-            0x15, 0x14, 0x15, 0x10, 0x17,
-        ),
+        (0xB6, 0x97, 0x97),
+        (0xB8, 0x26, 0x22, 0xF0, 0x13),
+        (0xBA, 0x31, 0x81, 0x0F, 0xF9, 0x0E, 0x06, 0x20, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x44, 0x25, 0x00, 0x90, 0x0A, 0x00, 0x00, 0x01, 0x4F, 0x01, 0x00, 0x00, 0x37),
+        (0xBC, 0x47),
+        (0xBF, 0x02, 0x11, 0x00),
+        (0xC0, 0x73, 0x73, 0x50, 0x50, 0x00, 0x00, 0x12, 0x70, 0x00),
+        (0xC1, 0x25, 0x00, 0x32, 0x32, 0x77, 0xE4, 0xFF, 0xFF, 0xCC, 0xCC, 0x77, 0x77),
+        (0xC6, 0x82, 0x00, 0xBF, 0xFF, 0x00, 0xFF),
+        (0xC7, 0xB8, 0x00, 0x0A, 0x10, 0x01, 0x09),
+        (0xC8, 0x10, 0x40, 0x1E, 0x02),
+        (0xCC, 0x0B),
+        (0xE0, 0x00, 0x0B, 0x10, 0x2C, 0x3D, 0x3F, 0x42, 0x3A, 0x07, 0x0D, 0x0F, 0x13, 0x15, 0x13, 0x14, 0x0F, 0x16, 0x00, 0x0B, 0x10, 0x2C, 0x3D, 0x3F, 0x42, 0x3A, 0x07, 0x0D, 0x0F, 0x13, 0x15, 0x13, 0x14, 0x0F, 0x16),
+        (0xE3, 0x07, 0x07, 0x0B, 0x0B, 0x0B, 0x0B, 0x00, 0x00, 0x00, 0x00, 0xFF, 0x00, 0xC0, 0x10),
+        (0xE9, 0xC8, 0x10, 0x0A, 0x00, 0x00, 0x80, 0x81, 0x12, 0x31, 0x23, 0x4F, 0x86, 0xA0, 0x00, 0x47, 0x08, 0x00, 0x00, 0x0C, 0x00, 0x00, 0x00, 0x00, 0x00, 0x0C, 0x00, 0x00, 0x00, 0x98, 0x02, 0x8B, 0xAF, 0x46, 0x02, 0x88, 0x88, 0x88, 0x88, 0x88, 0x98, 0x13, 0x8B, 0xAF, 0x57, 0x13, 0x88, 0x88, 0x88, 0x88, 0x88, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00),
+        (0xEA, 0x97, 0x0C, 0x09, 0x09, 0x09, 0x78, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x9F, 0x31, 0x8B, 0xA8, 0x31, 0x75, 0x88, 0x88, 0x88, 0x88, 0x88, 0x9F, 0x20, 0x8B, 0xA8, 0x20, 0x64, 0x88, 0x88, 0x88, 0x88, 0x88, 0x23, 0x00, 0x00, 0x02, 0x71, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x00, 0x40, 0x80, 0x81, 0x00, 0x00, 0x00, 0x00),
+        (0xEF, 0xFF, 0xFF, 0x01),
+        (0x11, 0x00),
+        (0x29, 0x00),
     ],
 )