NASDAQ:ATVI - Activision Blizzard Stock Price, Price Target & More

Activision Blizzard trades on the NASDAQ under the ticker symbol "ATVI."

Activision Blizzard declared that its Board of Directors has authorized a share buyback program on Tuesday, April 11th 2017, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 3.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

Activision Blizzard, Inc. (NASDAQ:ATVI) posted its earnings results on Thursday, May, 3rd. The company reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.29 by $0.05. The firm had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.32 billion. Activision Blizzard had a return on equity of 17.91% and a net margin of 4.78%. The company's quarterly revenue was up 15.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.56 earnings per share. View Activision Blizzard's Earnings History.

Activision Blizzard is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Activision Blizzard.

26 brokerages have issued 12 month price targets for Activision Blizzard's shares. Their predictions range from $62.00 to $90.00. On average, they expect Activision Blizzard's share price to reach $75.36 in the next twelve months. View Analyst Ratings for Activision Blizzard.

Some companies that are related to Activision Blizzard include Oracle (ORCL), SAP (SAP), Adobe Systems (ADBE), salesforce.com (CRM), VMware (VMW), Intuit (INTU), Electronic Arts (EA), Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), Shopify (SHOP), Splunk (SPLK), Check Point Software Technologies (CHKP) and ANSYS (ANSS).

News stories about ATVI stock have been trending somewhat negative on Sunday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Activision Blizzard earned a daily sentiment score of -0.04 on Accern's scale. They also gave news stories about the company an impact score of 48.87 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Activision Blizzard's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.69%), Northern Trust Corp (1.23%), Massachusetts Financial Services Co. MA (0.89%), Carmignac Gestion (0.87%), OppenheimerFunds Inc. (0.55%) and Neuberger Berman Group LLC (0.54%). Company insiders that own Activision Blizzard stock include Brian G Kelly, Christopher B Walther, Dennis M Durkin, Michael Morhaime, Peter J Nolan, Riccardo Zacconi, Robert A Kotick, Robert J Corti, Robert J Morgado, Stephen G Wereb and Thomas Tippl. View Institutional Ownership Trends for Activision Blizzard.

ATVI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Boston Partners, Iridian Asset Management LLC CT, Frontier Capital Management Co. LLC, State of New Jersey Common Pension Fund D, Park West Asset Management LLC, American Century Companies Inc. and Swiss National Bank. Company insiders that have sold Activision Blizzard company stock in the last year include Brian G Kelly, Dennis M Durkin, Riccardo Zacconi, Robert J Corti and Stephen G Wereb. View Insider Buying and Selling for Activision Blizzard.

ATVI stock was bought by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., CI Global Investments Inc., Alecta Pensionsforsakring Omsesidigt, FIL Ltd, Lord Abbett & CO. LLC, Eaton Vance Management, Inverness Counsel LLC NY and Summit Trail Advisors LLC. View Insider Buying and Selling for Activision Blizzard.

Shares of ATVI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ATVI stock can currently be purchased for approximately $75.98.

Activision Blizzard has a market capitalization of $57.89 billion and generates $7.02 billion in revenue each year. The company earns $273 million in net income (profit) each year or $2.05 on an earnings per share basis. Activision Blizzard employs 9,800 workers across the globe.

Activision Blizzard's mailing address is 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA, 90405. The company can be reached via phone at 310-255-2000 or via email at [email protected]