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

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

Activision Blizzard declared that its board has initiated a stock buyback program on Tuesday, April 11th 2017, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 3.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

Activision Blizzard, Inc. (NASDAQ:ATVI) issued its quarterly earnings data on Thursday, August, 2nd. The company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.11. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. Activision Blizzard had a net margin of 6.96% and a return on equity of 18.00%. The business's revenue was down 2.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.32 EPS. View Activision Blizzard's Earnings History.

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

Activision Blizzard updated its FY18 earnings guidance on Thursday, August, 2nd. The company provided earnings per share guidance of $1.84 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.79. The company issued revenue guidance of $7.48 billion, compared to the consensus revenue estimate of $7.51 billion.Activision Blizzard also updated its Q3 guidance to $0.16 EPS.

23 brokers have issued 1-year target prices 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 $79.1905 in the next twelve months. This suggests that the stock has a possible downside of 1.4%. View Analyst Price Targets for Activision Blizzard.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Activision Blizzard in the last year. There are currently 7 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Activision Blizzard.

Activision Blizzard saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 21,693,522 shares, an increase of 57.3% from the August 15th total of 13,792,763 shares. Based on an average daily trading volume, of 6,813,058 shares, the days-to-cover ratio is presently 3.2 days. Currently, 2.9% of the company's stock are sold short. View Activision Blizzard's Current Options Chain.

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

Activision Blizzard's stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (12.11%), BlackRock Inc. (6.70%), Morgan Stanley (2.89%), Janus Henderson Group PLC (2.12%), Jennison Associates LLC (1.84%) and Northern Trust Corp (1.21%). 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 FMR LLC, Janus Henderson Group PLC, Point72 Asset Management L.P., Scopus Asset Management L.P., Morgan Stanley, Wells Fargo & Company MN, Jennison Associates LLC and Boston Partners. 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 acquired by a variety of institutional investors in the last quarter, including Egerton Capital UK LLP, ADAMCAPITAL Gestao de Recursos Ltda., Flossbach Von Storch AG, Marshall Wace LLP, American Century Companies Inc., WCM Investment Management CA, Criterion Capital Management LLC and Assenagon Asset Management S.A.. 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 $80.29.

Activision Blizzard has a market capitalization of $61.49 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]