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 of Directors has approved a share repurchase program on Tuesday, April 11th 2017, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.4% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

Activision Blizzard, Inc. (NASDAQ:ATVI) released its earnings results 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 company earned $1.38 billion during 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 revenue for the quarter was up 15.0% on a year-over-year basis. During the same period last year, the company earned $0.56 EPS. View Activision Blizzard's Earnings History.

Activision Blizzard is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Activision Blizzard.

26 equities research analysts have issued 12 month price objectives for Activision Blizzard's stock. Their predictions range from $62.00 to $90.00. On average, they anticipate Activision Blizzard's stock price to reach $75.68 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. View Analyst Ratings for Activision Blizzard.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Activision Blizzard in the last year. There are currently 6 hold ratings and 20 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Activision Blizzard saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 11,684,027 shares, an increase of 49.3% from the May 31st total of 7,827,539 shares. Based on an average trading volume of 5,744,547 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.6% of the shares of the company are short sold. 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), Electronic Arts (EA), Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP) and Splunk (SPLK).

News coverage about ATVI stock has been trending somewhat positive on Wednesday, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Activision Blizzard earned a news sentiment score of 0.24 on Accern's scale. They also assigned press coverage about the company an impact score of 48.05 out of 100, indicating that recent press 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 variety of of institutional and retail investors. Top institutional investors include Swedbank (0.50%), Alecta Pensionsforsakring Omsesidigt (0.24%), Baillie Gifford & Co. (0.15%), Rathbone Brothers plc (0.13%), KAMES CAPITAL plc (0.09%) and Assenagon Asset Management S.A. (0.09%). 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 KAMES CAPITAL plc, Columbia Partners L L C Investment Management, Handelsbanken Fonder AB, Mckinley Capital Management LLC Delaware, Highland Capital Management LLC, Vigilant Capital Management LLC, Retirement Systems of Alabama and Fjarde AP Fonden Fourth Swedish National Pension Fund. 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 purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Gateway Investment Advisers LLC, Alecta Pensionsforsakring Omsesidigt, Swedbank, DnB Asset Management AS, Calamos Advisors LLC, Montrusco Bolton Investments Inc. and Westpac Banking Corp. 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 $81.27.

Activision Blizzard has a market capitalization of $61.07 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]