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

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

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

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

28 Wall Street analysts have issued 12 month price targets for Activision Blizzard's shares. Their predictions range from $62.00 to $90.00. On average, they anticipate Activision Blizzard's share price to reach $74.9630 in the next year. 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 CA Technologies (CA).

Headlines about ATVI stock have been trending somewhat positive this week, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Activision Blizzard earned a coverage optimism score of 0.14 on Accern's scale. They also assigned news coverage about the company an impact score of 45.17 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Activision Blizzard's stock is owned by a number of of institutional and retail 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 $77.87.

Activision Blizzard has a market capitalization of $58.92 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]