Activision Blizzard - ATVI Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Activision Blizzard in the last twelve months. There are currently 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATVI shares.
View ATVI analyst ratings or view top-rated stocks.

15 Wall Street research analysts have issued twelve-month price targets for Activision Blizzard's stock. Their ATVI share price forecasts range from $81.00 to $95.00. On average, they predict the company's share price to reach $91.36 in the next year. This suggests a possible upside of 15.3% from the stock's current price.
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Activision Blizzard's stock was trading at $76.55 at the beginning of 2023. Since then, ATVI shares have increased by 3.5% and is now trading at $79.24.
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The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our ATVI earnings forecast.

Activision Blizzard, Inc. (NASDAQ:ATVI) released its quarterly earnings data on Tuesday, November, 2nd. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.02. The firm earned $1.88 billion during the quarter, compared to analysts' expectations of $1.88 billion. Activision Blizzard had a trailing twelve-month return on equity of 12.53% and a net margin of 20.10%. During the same period in the prior year, the firm posted $0.66 earnings per share.
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ETFs with the largest weight of Activision Blizzard (NASDAQ:ATVI) stock in their portfolio include Global X Video Games & Esports ETF (HERO), VanEck Video Gaming and eSports ETF (ESPO), Formidable Fortress ETF (KONG), Formidable ETF (FORH), Invesco Dynamic Software ETF (PSJ), ProShares On-Demand ETF (OND), Invesco S&P 500 Equal Weight Communication Services ETF (EWCO) and First Trust S-Network Streaming and Gaming ETF (BNGE).

Activision Blizzard (NASDAQ:ATVI) pays an annual dividend of $0.47 per share and currently has a dividend yield of 0.60%. The dividend payout ratio is 24.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATVI will have a dividend payout ratio of 13.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ATVI.

128 employees have rated Activision Blizzard Chief Executive Officer Robert A. Kotick on Glassdoor.com. Robert A. Kotick has an approval rating of 50% among the company's employees. This puts Robert A. Kotick in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 59.0% of employees surveyed would recommend working at Activision Blizzard to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Activision Blizzard investors own include NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Netflix (NFLX), PayPal (PYPL), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA), Salesforce (CRM) and Adobe (ADBE).

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

Activision Blizzard's stock is owned by a number of institutional and retail investors. Top institutional investors include Berkshire Hathaway Inc (6.74%), Geode Capital Management LLC (1.97%), Bluefin Capital Management LLC (0.00%), Flossbach Von Storch AG (1.46%), Norges Bank (1.24%) and Morgan Stanley (1.05%). Insiders that own company stock include Armin Zerza, Brian G Kelly, Casey Wasserman, Christopher B Walther, Claudine Macartney, Collister Johnson, Daniel Alegre, Dennis M Durkin, Hendrik Hartong III, Jesse Yang, Peter J Nolan and Peter J Nolan.
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Shares of ATVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ATVI stock can currently be purchased for approximately $79.24.

Activision Blizzard (NASDAQ:ATVI) has a market capitalization of $62.15 billion and generates $7.53 billion in revenue each year. The company earns $1.51 billion in net income (profit) each year or $1.92 on an earnings per share basis.

The company employs 13,000 workers across the globe.

Activision Blizzard's mailing address is 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA, 90405. The official website for the company is www.activisionblizzard.com. The company can be reached via phone at (310) 255-2000, via email at ir@activision.com, or via fax at 310-255-2100.