Activision Blizzard - ATVI Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Activision Blizzard in the last year. There are currently 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ATVI shares.
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12 brokers have issued 12 month target prices for Activision Blizzard's shares. Their ATVI share price forecasts range from $81.00 to $100.00. On average, they predict the company's share price to reach $91.85 in the next twelve months. This suggests a possible upside of 28.3% from the stock's current price.
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Activision Blizzard's stock was trading at $76.55 at the beginning of the year. Since then, ATVI stock has decreased by 6.5% and is now trading at $71.58.
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Activision Blizzard, Inc. (NASDAQ:ATVI) issued its quarterly earnings data on Tuesday, November, 2nd. The company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.70 by $0.02. The company 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 9.64% and a net margin of 22.75%. During the same period last year, the business posted $0.66 EPS.
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Activision Blizzard (NASDAQ:ATVI) pays an annual dividend of $0.47 per share and currently has a dividend yield of 0.62%. The dividend payout ratio is 22.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ATVI will have a dividend payout ratio of 13.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ATVI.

Activision Blizzard updated its fourth quarter 2022 earnings guidance on Saturday, December, 17th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.06B-, compared to the consensus revenue estimate of $3.21 billion.

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 many different institutional and retail investors. Top institutional investors include Flossbach Von Storch AG (1.46%), Assenagon Asset Management S.A. (0.45%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), New York State Common Retirement Fund (0.18%), Maj Invest Holding A S (0.18%) and Scharf Investments LLC (0.16%). 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, Peter J Nolan and Robert J Morgado.
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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 $71.58.

Activision Blizzard (NASDAQ:ATVI) has a market capitalization of $56.02 billion and generates $8.80 billion in revenue each year. The company earns $2.70 billion in net income (profit) each year or $2.13 on an earnings per share basis.

The company employs 9,800 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.