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 buyback plan on Tuesday, April 11th 2017, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 3.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is undervalued.

Activision Blizzard, Inc. (NASDAQ:ATVI) posted its quarterly 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 analyst estimates of $1.32 billion. Activision Blizzard had a return on equity of 17.91% and a net margin of 4.78%. The firm's quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the firm 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 1-year price objectives for Activision Blizzard's stock. Their forecasts range from $62.00 to $90.00. On average, they anticipate Activision Blizzard's share price to reach $75.68 in the next year. This suggests that the stock has a possible downside of 5.0%. 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 daily volume of 5,744,547 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.6% of the company's shares 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), Electronic Arts (EA), Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP) and Splunk (SPLK).

Press coverage about ATVI stock has trended somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Activision Blizzard earned a daily sentiment score of 0.22 on Accern's scale. They also gave headlines about the company an impact score of 46.22 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Activision Blizzard's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Swedbank (0.50%), Alecta Pensionsforsakring Omsesidigt (0.24%), ADAMCAPITAL Gestao de Recursos Ltda. (0.19%), Baillie Gifford & Co. (0.15%), Rathbone Brothers plc (0.13%) and KAMES CAPITAL plc (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, Hartford Investment Management Co., Mckinley Capital Management LLC Delaware, Highland Capital Management LLC, Vigilant Capital Management LLC and Retirement Systems of Alabama. 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 ADAMCAPITAL Gestao de Recursos Ltda., Assenagon Asset Management S.A., Gateway Investment Advisers LLC, Alecta Pensionsforsakring Omsesidigt, Nisa Investment Advisors LLC, Cornerstone Wealth Management LLC, Swedbank and DnB Asset Management AS. 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 $79.65.

Activision Blizzard has a market capitalization of $60.63 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]