NASDAQ:ATVI - Activision Blizzard Stock Price, News, & Analysis

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

Activision Blizzard announced that its board has approved a share buyback plan on Tuesday, April 11th 2017, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

Activision Blizzard, Inc. (NASDAQ:ATVI) released its quarterly earnings data on Thursday, November, 8th. The company reported $0.47 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.03. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.66 billion. Activision Blizzard had a net margin of 8.07% and a return on equity of 15.44%. Activision Blizzard's quarterly revenue was down 12.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.25 earnings per share. View Activision Blizzard's Earnings History.

Activision Blizzard is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Activision Blizzard.

Activision Blizzard issued an update on its fourth quarter earnings guidance on Thursday, November, 8th. The company provided earnings per share (EPS) guidance of $0.43 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.59. The company issued revenue guidance of $3.05 billion, compared to the consensus revenue estimate of $3.06 billion.Activision Blizzard also updated its FY 2018 guidance to $2.58-2.58 EPS.

25 Wall Street analysts have issued 1 year price objectives for Activision Blizzard's shares. Their forecasts range from $62.00 to $90.00. On average, they expect Activision Blizzard's share price to reach $75.7083 in the next twelve months. This suggests a possible upside of 58.1% from the stock's current price. View Analyst Price Targets for Activision Blizzard.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Activision Blizzard in the last year. There are currently 4 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Activision Blizzard.

Media coverage about ATVI stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Activision Blizzard earned a coverage optimism score of 1.9 on InfoTrie's scale. They also gave news stories about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the stock's share price in the near future.

Activision Blizzard saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 21,870,793 shares, an increase of 15.1% from the October 15th total of 19,008,944 shares. Based on an average trading volume of 9,085,983 shares, the days-to-cover ratio is currently 2.4 days. Currently, 2.9% of the company's shares are short sold. View Activision Blizzard's Current Options Chain.

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

Activision Blizzard's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (12.70%), Vanguard Group Inc. (6.94%), BlackRock Inc. (6.57%), Capital World Investors (3.94%), Morgan Stanley (2.92%) and Jennison Associates LLC (1.93%). Company insiders that own Activision Blizzard stock include Brian G Kelly, Dennis M Durkin, Michael Morhaime, Riccardo Zacconi, Robert A Kotick, Robert J Corti, Robert J Morgado and Stephen G Wereb. View Institutional Ownership Trends for Activision Blizzard.

ATVI stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Janus Henderson Group PLC, American Century Companies Inc., AQR Capital Management LLC, Schroder Investment Management Group, ADAMCAPITAL Gestao de Recursos Ltda., BlackRock Inc. and FIL Ltd. 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 Capital International Investors, Capital Research Global Investors, FMR LLC, Point72 Asset Management L.P., Bessemer Group Inc., Alliancebernstein L.P., Neuberger Berman Group LLC and Alecta Pensionsforsakring Omsesidigt. 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 $47.88.

Activision Blizzard has a market capitalization of $36.04 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.

The official website for Activision Blizzard is http://www.activisionblizzard.com.

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]