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

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

Activision Blizzard announced that its board has authorized a stock repurchase plan on Tuesday, April 11th 2017, which authorizes the company to repurchase $1,000,000,000.00 in outstanding 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 plans are typically an indication that the company's leadership believes its stock is undervalued.

Activision Blizzard, Inc. (NASDAQ:ATVI) announced its quarterly earnings results on Thursday, November, 8th. The company reported $0.47 EPS for the quarter, missing analysts' consensus estimates of $0.50 by $0.03. The company earned $1.66 billion during the quarter, compared to analysts' expectations of $1.66 billion. Activision Blizzard had a net margin of 8.07% and a return on equity of 15.44%. Activision Blizzard's quarterly revenue was down 12.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.25 earnings per share. View Activision Blizzard's Earnings History.

Activision Blizzard is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Activision Blizzard.

Activision Blizzard updated its fourth quarter earnings guidance on Thursday, November, 8th. The company provided EPS guidance of $0.43 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.59. The company issued revenue guidance of $3.05 billion, compared to the consensus revenue estimate of $3.06 billion.Activision Blizzard also updated its FY 2018 guidance to $2.58-2.58 EPS.

25 Wall Street analysts have issued 12-month price targets for Activision Blizzard's shares. Their forecasts range from $62.00 to $90.00. On average, they expect Activision Blizzard's share price to reach $75.7083 in the next year. This suggests a possible upside of 56.3% from the stock's current price. View Analyst Price Targets for Activision Blizzard.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Activision Blizzard in the last year. There are currently 4 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Activision Blizzard.

News coverage about ATVI stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Activision Blizzard earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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

Activision Blizzard's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (12.70%), Vanguard Group Inc. (6.94%), BlackRock Inc. (6.57%), Capital World Investors (3.94%), Morgan Stanley (2.92%) and Jennison Associates LLC (1.93%). 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 Capital World Investors, Janus Henderson Group PLC, American Century Companies Inc., AQR Capital Management LLC, Schroder Investment Management Group, ADAMCAPITAL Gestao de Recursos Ltda., BlackRock Inc. and FIL Ltd. 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 bought by a variety of institutional investors in the last quarter, including Capital International Investors, Capital Research Global Investors, FMR LLC, Point72 Asset Management L.P., Bessemer Group Inc., Alliancebernstein L.P., Neuberger Berman Group LLC and Alecta Pensionsforsakring Omsesidigt. 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 $48.45.

Activision Blizzard has a market capitalization of $36.04 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]