NASDAQ:ATVI

Activision Blizzard - ATVI Stock Forecast, Price & News

$84.89

+0.35 (+0.41%)

(As of 03/30/2023 12:00 AM ET)

Add

Compare

Today's Range: $84.62
▼
$85.10
50-Day Range: $71.58
▼
$84.89
52-Week Range: $70.94
▼
$85.72

Volume: 5.05 million shs
Average Volume: 6.57 million shs
Market Capitalization: $66.58 billion

P/E Ratio: 44.21
Dividend Yield: 0.55%
Price Target: $91.57

Institutional Ownership

Activision Blizzard MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 7.9% Upside
$91.57 Price Target
Short Interest: Healthy
1.97% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.04
Upright™ Environmental Score
News Sentiment: 0.59
Based on 44 Articles This Week
Insider Trading: Selling Shares
$694,490 Sold Last Quarter
Proj. Earnings Growth: 3.75%
From $3.47 to $3.60 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Consumer Discretionary Sector

136th out of 264 stocks

Prepackaged Software Industry

89th out of 213 stocks

2.5

Analyst's Opinion

Consensus Rating
Activision Blizzard has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 15 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $91.57, Activision Blizzard has a forecasted upside of 7.9% from its current price of $84.89.
Amount of Analyst Coverage
Activision Blizzard has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
1.97% of the float of Activision Blizzard has been sold short.
Short Interest Ratio / Days to Cover
Activision Blizzard has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Activision Blizzard has recently decreased by 4.61%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
Activision Blizzard has a dividend yield of 0.56%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Activision Blizzard does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Activision Blizzard is 24.48%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Activision Blizzard will have a dividend payout ratio of 13.06% next year. This indicates that Activision Blizzard will be able to sustain or increase its dividend.

2.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Activision Blizzard has received a 1.55% net impact score from Upright. Activision Blizzard seems to create the most significant positive value in categories "Taxes", "Meaning & joy", and "Creating knowledge". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Professional esports tournaments and events", "Free-to-play single-player mobile puzzle games for entertainment", "Pay-to-play single-player desktop rhythm music games for entertainment", "Free-to-play single-player educational desktop memory games", "Pay-to-play single-player video game console rhythm music games for entertainment", and "Pay-to-play multiplayer desktop MMORPGs for entertainment" products. See details.
Environmental Sustainability
The Environmental Impact score for Activision Blizzard is -1.04.

2.5

News and Social Media Coverage

News Sentiment
Activision Blizzard has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 44 news articles for Activision Blizzard this week, compared to 12 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 3 reddit mentions for Activision Blizzard this week, compared to 6 mentions on an average week.
Search Interest
Only 109 people have searched for ATVI on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.
MarketBeat Follows
32 people have added Activision Blizzard to their MarketBeat watchlist in the last 30 days. This is an increase of 10% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Activision Blizzard insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $694,490.00 in company stock.
Percentage Held by Insiders
Only 1.10% of the stock of Activision Blizzard is held by insiders.
Percentage Held by Institutions
79.34% of the stock of Activision Blizzard is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Activision Blizzard are expected to grow by 3.75% in the coming year, from $3.47 to $3.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Activision Blizzard is 44.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of Activision Blizzard is 44.21, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.62.
Price to Earnings Growth Ratio
Activision Blizzard has a PEG Ratio of 2.56. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Activision Blizzard has a P/B Ratio of 3.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Activision Blizzard (NASDAQ:ATVI) Stock

Activision Blizzard, Inc. engages in the development and publication of entertainment content and services. It operates through the following segments: Activision Publishing Inc., Blizzard Entertainment Inc., and King Digital Entertainment. The Activision Publishing Inc. segment delivers content through both premium and free-to-play offerings, as well as by licensing software to third-party or related-party companies that distribute Activision products. The Blizzard Entertainment segment is engaged in delivering content through both premium and free-to-play offerings, and by licensing software to third-party or related-party companies that distribute Blizzard products. The King Digital Entertainment segment is focused on delivering content through free-to-play offerings and generates revenue from in-game sales and in-game advertising on the mobile platform. The company was founded in 1979 and is headquartered in Santa Monica, CA.

Receive ATVI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Activision Blizzard and its competitors with MarketBeat's FREE daily newsletter.

ATVI Stock News Headlines

March 28, 2023 | marketbeat.com

3 Cash-Rich Companies That Buy-and-Hold Investors Can Love (ATVI)

Companies with strong cash balances allow investors to use a dollar cost averaging strategy to buy its stocks without excessive concerns about price movement

March 24, 2023 | marketbeat.com

11 Best Consumer Discretionary Stocks of 2023

Think you might want to invest in consumer discretionary stocks, which investors usually purchase when the economy chugs along well? Learn more with MarketBeat.

March 30, 2023 | The Oxford Club (Ad)

My No. 1 dividend stock for a LIFETIME of income.

Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.

March 24, 2023 | marketbeat.com

11 Best Consumer Discretionary Stocks of 2023 (ATVI)

Think you might want to invest in consumer discretionary stocks, which investors usually purchase when the economy chugs along well? Learn more with MarketBeat.

March 30, 2023 | msn.com

Unusual Put Option Trade in Activision Blizzard (ATVI) Worth $3,050.00K

March 30, 2023 | benzinga.com

Thinking about buying stock in Deere & Company, Shell, AMC Entertainment, Lennar, or Activision Blizzard?

March 29, 2023 | 247wallst.com

Unusual Put Option Trade in Activision Blizzard Worth $2,800K

March 29, 2023 | nytimes.com

Rift Between Gaming Giants Shows Toll of China’s Economic Crackdown

March 30, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

March 29, 2023 | americanbankingnews.com

Activision Blizzard, Inc. to Post Q1 2023 Earnings of $0.64 Per Share, Jefferies Financial Group Forecasts (NASDAQ:ATVI)

March 28, 2023 | msn.com

Unusual Put Option Trade in Activision Blizzard (ATVI) Worth $2,800.00K

March 28, 2023 | msn.com

Activision stock rises as Japanese FTC says Microsoft deal doesn't limit competition

March 28, 2023 | msn.com

Yet another major regulator has ruled in favor of the Xbox, Activision-Blizzard merger

March 28, 2023 | finance.yahoo.com

Microsoft's Activision deal will not harm competition -Japan watchdog

March 28, 2023 | finance.yahoo.com

UPDATE 1-Microsoft's Activision deal will not harm competition -Japan watchdog

March 27, 2023 | nasdaq.com

Guru Fundamental Report for ATVI

March 27, 2023 | forbes.com

Activision Blizzard CEO Bobby Kotick's Taxable Income For 2001 Gets A $35 Million Boost

March 27, 2023 | 247wallst.com

Unusual Call Option Trade in Activision Blizzard Worth $435K

March 26, 2023 | americanbankingnews.com

Activision Blizzard (NASDAQ:ATVI) Price Target Increased to $91.00 by Analysts at Citigroup

March 26, 2023 | americanbankingnews.com

Activision Blizzard Target of Unusually Large Options Trading (NASDAQ:ATVI)

March 26, 2023 | marketwatch.com

Activision Blizzard $ATVI Pivots Trading Plans and Risk Controls

March 25, 2023 | msn.com

Microsoft's $69 Billion Proposed Activision Deal Won't Harm Gaming Console Competition in UK, Regulator Says

March 24, 2023 | msn.com

Activision Blizzard rises as UK regulator narrows inquiry scope on Microsoft merger

March 24, 2023 | msn.com

Unusual Call Option Trade in Activision Blizzard (ATVI) Worth $435.00K

March 24, 2023 | finance.yahoo.com

Midday movers: Activision Blizzard, Deutsche Bank, Scholastic and more

March 24, 2023 | reuters.com

Microsoft’s Activision sweet talk

March 24, 2023 | benzinga.com

Thinking about trading options or stock in Activision Blizzard, Roblox, Electronic Arts, Apple, or Sony?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive ATVI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Activision Blizzard and its competitors with MarketBeat's FREE daily newsletter.

ATVI Company Calendar

Last Earnings: 11/02/2021
Today: 3/30/2023
Next Earnings (Estimated): 4/24/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: Home Entertainment Software
Sector: Consumer Discretionary
Current Symbol: NASDAQ:ATVI
CUSIP: 00507V10
CIK: 718877
Web: www.activisionblizzard.com
Phone: (310) 255-2000
Fax: 310-255-2100
Employees: 13,000
Year Founded: 1979

Price Target and Rating

Average Stock Price Forecast: $91.57
High Stock Price Forecast: $95.00
Low Stock Price Forecast: $81.00
Forecasted Upside/Downside: +8.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.92
Trailing P/E Ratio: 44.15
Forward P/E Ratio: 24.43
P/E Growth: 2.56
Net Income: $1.51 billion
Net Margins: 20.10%
Pretax Margin: 23.17%
Return on Equity: 12.53%
Return on Assets: 9.02%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 4.07
Quick Ratio: 4.07

Sales & Book Value

Annual Sales: $7.53 billion
Price / Sales: 8.83
Cash Flow: $3.40 per share
Price / Cash Flow: 24.95
Book Value: $24.59 per share
Price / Book: 3.45

Miscellaneous

Outstanding Shares: 784,270,000
Free Float: 775,647,000
Market Cap: $66.47 billion
Optionable: Optionable
Beta: 0.42

Social Links

Key Executives

Robert A. Kotick
Chief Executive Officer & Director

Daniel I. Alegre
President & Chief Operating Officer

Armin Zerza
Chief Financial Officer

Jen Brewer
Chief Ethics & Compliance Officer

Brian Bulatao
Chief Administrative Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ATVI Stock - Frequently Asked Questions

Should I buy or sell Activision Blizzard stock right now?: 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Activision Blizzard in the last year. 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.
What is Activision Blizzard's stock price forecast for 2023?: 15 equities research analysts have issued 1-year price objectives for Activision Blizzard's shares. Their ATVI share price forecasts range from $81.00 to $95.00. On average, they expect the company's stock price to reach $91.57 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price.
View analysts price targets for ATVI or view top-rated stocks among Wall Street analysts.
How have ATVI shares performed in 2023?: Activision Blizzard's stock was trading at $76.55 at the beginning of 2023. Since then, ATVI shares have increased by 10.9% and is now trading at $84.89.
View the best growth stocks for 2023 here.
When is Activision Blizzard's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our ATVI earnings forecast.
How were Activision Blizzard's earnings last quarter?: Activision Blizzard, Inc. (NASDAQ:ATVI) issued its quarterly earnings data on Tuesday, November, 2nd. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.70 by $0.02. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates 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 quarter in the prior year, the company posted $0.66 EPS.
Read the conference call transcript.
What ETFs hold Activision Blizzard's stock?: 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), First Trust S-Network Streaming and Gaming ETF (BNGE), ProShares On-Demand ETF (OND) and Invesco S&P 500 Equal Weight Communication Services ETF (EWCO).
Is Activision Blizzard a good dividend stock?: Activision Blizzard (NASDAQ:ATVI) pays an annual dividend of $0.47 per share and currently has a dividend yield of 0.56%. 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.
What is Robert A. Kotick's approval rating as Activision Blizzard's CEO?: 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.

What other stocks do shareholders of Activision Blizzard own?: 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).
What is Activision Blizzard's stock symbol?: Activision Blizzard trades on the NASDAQ under the ticker symbol "ATVI."
Who are Activision Blizzard's major shareholders?: Activision Blizzard's stock is owned by a number of retail and institutional investors. Top institutional shareholders 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.
View institutional ownership trends.
How do I buy shares of Activision Blizzard?: 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.
Compare Top Brokerages Here.
What is Activision Blizzard's stock price today?: One share of ATVI stock can currently be purchased for approximately $84.89.
How much money does Activision Blizzard make?: Activision Blizzard (NASDAQ:ATVI) has a market capitalization of $66.58 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.
How many employees does Activision Blizzard have?: The company employs 13,000 workers across the globe.
Does Activision Blizzard have any subsidiaries?: The following companies are subsidiares of Activision Blizzard: ATVI C.V., Activision Blizzard International BV, Activision Blizzard Media Limited, Activision Blizzard UK Limited, Activision Publishing Inc., Beenox, Blizzard Entertainment, Blizzard Entertainment SAS, Budcat Creations, California 7 Studios, DemonWare, Gray Matter Interactive Studios, High Moon Studios, King.com, King.com (US) LLC, Major League Gaming Inc, Midasplayer AB, Omniata, Radical Entertainment, RedOctane, Shaba Games, Treyarch, and Z-Axis Ltd..
Read More
How can I contact Activision Blizzard?: 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.

This page (NASDAQ:ATVI) was last updated on 3/30/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Activision Blizzard - ATVI Stock Forecast, Price & News

Activision Blizzard MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Social Mentions This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Activision Blizzard (NASDAQ:ATVI) Stock

ATVI Stock News Headlines

ATVI Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

ATVI Stock - Frequently Asked Questions

Overall MarketRank^™