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

Activision Blizzard, Inc. (NASDAQ:ATVI) posted its earnings results on Thursday, May, 3rd. The company reported $0.34 EPS for the quarter, beating the Zacks' consensus estimate of $0.29 by $0.05. The firm earned $1.38 billion during the quarter, compared to analysts' expectations of $1.32 billion. Activision Blizzard had a return on equity of 17.91% and a net margin of 4.78%. Activision Blizzard's revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.56 EPS. View Activision Blizzard's Earnings History.

Activision Blizzard is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Activision Blizzard.

26 equities research analysts have issued 1 year price targets for Activision Blizzard's shares. Their forecasts range from $62.00 to $90.00. On average, they anticipate Activision Blizzard's stock price to reach $75.36 in the next year. View Analyst Ratings for Activision Blizzard.

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), Shopify (SHOP), Splunk (SPLK), Check Point Software Technologies (CHKP) and ANSYS (ANSS).

News headlines about ATVI stock have been trending somewhat negative recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Activision Blizzard earned a coverage optimism score of -0.02 on Accern's scale. They also gave news stories about the company an impact score of 44.81 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Activision Blizzard's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.69%), Northern Trust Corp (1.23%), Massachusetts Financial Services Co. MA (0.89%), Carmignac Gestion (0.87%), OppenheimerFunds Inc. (0.55%) and Neuberger Berman Group LLC (0.54%). 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 BlackRock Inc., Boston Partners, Iridian Asset Management LLC CT, Frontier Capital Management Co. LLC, State of New Jersey Common Pension Fund D, Park West Asset Management LLC, American Century Companies Inc. and Swiss National Bank. 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 OppenheimerFunds Inc., CI Global Investments Inc., Alecta Pensionsforsakring Omsesidigt, FIL Ltd, Lord Abbett & CO. LLC, Eaton Vance Management, Inverness Counsel LLC NY and Summit Trail Advisors LLC. 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 $75.98.

Activision Blizzard has a market capitalization of $57.89 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]