ATVI - Activision Blizzard, Inc.
| Previous Close | 62.59 |
| Open | 62.69 |
| Bid | 0.00 x 1800 |
| Ask | 0.00 x 2200 |
| Day's Range | 62.31 - 63.54 |
| 52 Week Range | 40.89 - 63.54 |
| Volume | 4,242,634 |
| Avg. Volume | 5,466,506 |
| Market Cap | 48.8B |
| Beta (5Y Monthly) | 0.83 |
| PE Ratio (TTM) | 32.57 |
| EPS (TTM) | 1.95 |
| Earnings Date | Apr 29, 2020 - May 03, 2020 |
| Forward Dividend & Yield | 0.41 (0.65%) |
| Ex-Dividend Date | Apr 13, 2020 |
| 1y Target Est | 67.07 |
- GuruFocus.com
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- Yahoo Finance
Nvidia reports record data center revenue, but warns of coronavirus impact
Nvidia announced its Q4 earnings on Thursday, beating on the top and bottom lines.
- MarketWatch
Nvidia says it's pulling Activision games from GeForce Now streaming service
Nvidia Corp. said late Tuesday that it would be yanking Activision Blizzard Inc. titles from its GeForce Now game-streaming service at Activision's request. "While unfortunate, we hope to work together with Activision Blizzard to re-enable these games and more in the future," Nvidia said in a blog post. Nvidia just launched the cloud-gaming service last week after being in beta mode for years. GeForce Now is competing with other cloud-gaming services such as Alphabet Inc.'s Google Stadia. Nvidia shares are up 1.5% in morning trading amid some upbeat analyst commentary ahead of the company's Thursday afternoon earnings report. The stock has added 30% over the past three months as the S&P 500 has risen 9.1%.
- Thomson Reuters StreetEvents
Edited Transcript of ATVI earnings conference call or presentation 6-Feb-20 9:30pm GMT
Q4 2019 Activision Blizzard Inc Earnings Call
- Insider Monkey
This Hedge Fund’s Top Picks Crushed The Index Funds
AlphaOne Capital Partners was launched in 2009 by Paul Hondros and Daniel Niles. Mr Hondros is the fund’s President and CEO, while Mr Niles holds the position of the fund’s senior portfolio manager. Paul Hondros has a decade-long career focused on investment industry. He holds a BA in History from St. Joseph’s University. Since 1975 […]
- Business Wire
Call of Duty: Modern Warfare Season Two Now Live With More Free New Content
Call of Duty®: Modern Warfare® expands with new Season Two content today, jam-packed with free multiplayer maps, modes and weapons available for all players. Throughout Season Two, players across all platforms can continue the fight alongside their favorite Operators in all-new and returning fan-favorite maps, fresh in-game challenges and rewards, limited-time game modes, and playlists among the community celebrations.
- Simply Wall St.
Activision Blizzard, Inc. Just Recorded A 25% EPS Beat: Here's What Analysts Are Forecasting Next
Investors in Activision Blizzard, Inc. (NASDAQ:ATVI) had a good week, as its shares rose 5.2% to close at US$61.53...
- Barrons.com
Activision Blizzard Proves the Skeptics Wrong. Here’s Why.
The ‘Call of Duty’ publisher’s videogame stock is hitting new one-year highs following its surprisingly strong financial results.
- Benzinga
Esports And 2 Other Things To Like About Activision Blizzard
Needham's Laura Martin kept a Buy rating on the stock and boosted the stock price from $62 to $75. Wedbush's Michael Pachter reiterated an Outperform rating on the stock and raised the price target from $69 to $76. "The cupboard at Activision is full, and we see great potential for the company’s release pipeline over the next three years," wrote Pachter.
- Benzinga
No Fear Friday: PreMarket Prep Recap For Feb. 7, 2020
If Friday’s episode of PreMarket Prep is any indication, opinions are extremely divided on how the coronavirus could affect U.S. markets. Co-host Dennis Dick bemoaned the steady upward move in U.S. stocks, and said he’s still approaching this market with caution until the coronavirus gets under control. Co-host Joel Elconin is not as bearish, and is sticking to watching key technical levels.
- Investopedia
Outlook Brightens for Video Game Stocks
Video game companies have posted mixed quarterly results, but upcoming catalysts could lift these stocks to new highs.
- InvestorPlace
Google Stock Is Unmatched Despite Alphabet’s Growing Competition
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) investors need not complain about the stock's performance. With a market capitalization just over $1 trillion, Alphabet stock rewards loyal shareholders. Yet those gains are a double-edged sword. In growing profits at an enormous rate, the search engine giant is worsening the user experience. The company is in danger of over-saturating its users with too many ads.Source: rvlsoft / Shutterstock.com Ask your friends if searching on Google still brings up what they are looking for on the first page. And also ask if the search engine is showing too many ads at the top. If the answer is a "yes" to the second question, risks are increasing that users may find alternatives. Very recently, the company back-tracked a redesign on the display of new search results. The change would have shown ads as if they were legitimate results.Increasing clicks for advertisers would have brought in plenty of revenue, but it would frustrate users. Similarly, the video platform YouTube now shows two ads, one after the other, before a user may view some content. With every increasing dollar of profit per share, the stock will just keep soaring.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlphabet's reliance on advertising via Google.com poses a risk for investors. As Disney (NYSE:DIS) invests in Disney Plus, Apple (NASDAQ:AAPL) on Apple TV Plus, and Netflix (NASDAQ:NFLX) subscriptions grow, YouTube may become out of date. Alphabet is diversifying its business. It bought Fitbit (NYSE:FIT) for $2.1 billion. It is trying again to influence shopping ambitions by buying Pointy for $160 million.In the gaming space that is largely dominated by Activision Blizzard (NASDAQ:ATVI), Electronic Arts (NASDAQ:EA), and Take-Two (NASDAQ:TTWO), it is investing in Google Stadia. Stadia launched in November 2019 but in 2020, it will have more than 120 games on the platform. Currently, Stadia has 26 games and one exclusive title. And in the next few months, gamers may expect support for 4k gaming on the web, more support on Android Phones and wireless gaming through the Stadia controller. Fair Value on Google StockInvestors may forecast revenue growing by least 10%-15% in a five-year discounted cash flow model: earnings before interest, tax, depreciation and amortization (EBITDA) exit model. At a conservative discount rate of 10% and a terminal EBITDA multiple of 18 times, Google stock has a fair value of $1,529.Source: Chart by finbox.ioThe above stock target is not far from analysts' average price target of $1,615. And given Google's high growth score of 99 from Stock Rover, investors are getting good value. The industry growth score is 53 and the S&P 500 has a growth score of 77. Potential RisksApple reportedly spent billions of dollars to improve its Maps app. Although it is unlikely, Apple Map enhancements may sway users away from Google Maps. This is a low risk that investors should still consider.Lower consumer spending due to slowing global economic activity is another risk. Advertisers will cut back on advertising spending, too. This would put pressure on Google's near-term growth. My TakeawayGoogle has room to squeeze in more ads in several areas of its web properties. Although more ads have the potential to be frustrating, users are typically too lazy or too fixed to find alternatives. Brave Browser, DuckDuckGo search and Firefox browser are substitutes. But for now, there is no evidence suggesting anyone is leaving Google Chrome or Google search. So, holding Google stock should still pay off.As of this writing, Chris Lau did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Utility Stocks to Buy That Offer Juicy Dividends * 10 Gold and Silver Stocks to Profit Off 2020's Fear Trade * 3 Top Companies That Should Be More Careful With Your Data The post Google Stock Is Unmatched Despite Alphabet's Growing Competition appeared first on InvestorPlace.
- Zacks
Activision's (ATVI) Q4 Earnings Decline Y/Y on Weak Revenues
Activision Blizzard's (ATVI) fourth-quarter 2019 results are hurt by lower revenues across Blizzard and King segments.
- Barrons.com
Uber Stock Is Surging as the Dow Slips Back From Record Territory
STOCKSTOWATCHTODAY BLOG U.S. markets are poised to open in the red following a winning streak that saw all major indexes close at record highs on Thursday. The modest slide follows weak economic data coming from Europe.
- TheStreet.com
Jobs Report, Credit Suisse, Uber, Activision and 'Friends' - 5 Things You Must Know Friday
Stock futures decline ahead of the release of the U.S. jobs report for January; Tidjane Thiam, CEO of Swiss banking giant Credit Suisse, resigns following a spying scandal; Uber says it will be profitable by the end of 2020.
- Bloomberg
Video-Game Makers Ride to Riches on Arc of Keanu Reeves’s Career
(Bloomberg) -- “Sonic the Hedgehog 3” had just been released and Keanu Reeves was about to hit the big screen in “Speed” when Marcin Iwinski and high school pal Michal Kicinski launched their video-game company.It was May 1994 and the CD-ROM was still in vogue, so they called their venture CD Projekt and set out to distribute games for the Polish market. They struck deals with developers including Activision and Acclaim Entertainment, translating dialog, instructions and packaging into their native language.A quarter-century later, at Microsoft Corp.’s 2019 Xbox conference in Los Angeles, Reeves shocked the video-game world, appearing onstage to present a demo of CD Projekt’s “Cyberpunk 2077” -- a futuristic, role-playing game in which he’ll appear.Shares of Warsaw-based CD Projekt have surged 43% since the Xbox event in June and more than 1,800% in the past five years, the best performance by far in Poland’s WIG20 Index, putting Iwinski, the 45-year-old co-chief executive officer, on the cusp of becoming a billionaire. He owns 12.6% of the outstanding stock, giving him a net worth of $992 million. Kicinski, who left the company several years ago, has a 10.9% stake worth $847 million.Both could soon join the rapidly growing ranks of video-game billionaires including Sea Ltd. co-founder Gang Ye, who crossed the threshold in November after the Singapore-based company reported that quarterly revenue tripled, as well as Epic Games Inc. founder Tim Sweeney, who brought “Fortnite” to the masses.See also: Fortnite billionaire pledges $100 million for game developersIn its infancy, CD Projekt struggled to make money distributing legal copies of games because Poles preferred to buy cheaper pirated versions on the black market. So Iwinski and Kicinski expanded into e-commerce sales and programming and established the CD Projekt RED gaming studio.In 2007, it introduced “Witcher” -- based on Andrzej Sapkowski’s fantasy novels -- and turned it into a series of games that draws from Slavic mythology and features a lone medieval warrior, surrounded by strong female characters, battling supernatural beasts. The most recent version, “Witcher 3,” sold tens of millions of copies and brought the studio global acclaim. Netflix recently launched “The Witcher” TV series, and its popularity could further boost game sales.What Our Analysts Say:“CD Projekt is expanding its online game-distribution business and increasing free-to-play titles ahead of promising new releases that will drive EPS growth in 2020 and beyond. Poland’s largest video-game maker is investing in a new first-person, role-playing game, Cyberpunk 2077, that should exceed the lofty heights achieved with Witcher 3.”Matthew Kanterman, Bloomberg IntelligenceSince the launch of ‘Witcher 3’ in 2015, the developer hasn’t released any major game that could drive new sales apart from add-ons or spinoffs from the existing franchise. In contrast with the industry’s giants which have diversified portfolios and a steady stream of new releases, CD Projekt is betting big on a single title.Cyberpunk’s highly anticipated April debut was pushed back to September for its 400 programmers and designers to “test, bug-fix and polish” the company’s next flagship product, according to a Jan. 16 regulatory filing that caused a fleeting drop in CD Projekt’s stock.Cyberpunk is intended to be one of the most technologically advanced productions for current gaming consoles.Ken Rumph, an analyst at Jefferies Financial Group Inc., has said the delay probably won’t inflict lasting damage on the company’s fortunes.“I don’t think it stops Cyberpunk from being the hit of the year,” he told Bloomberg last month.To contact the reporters on this story: Alex Sazonov in Moscow at asazonov@bloomberg.net;Konrad Krasuski in Warsaw at kkrasuski@bloomberg.netTo contact the editors responsible for this story: Pierre Paulden at ppaulden@bloomberg.net, Peter Eichenbaum, David ScheerFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Investor's Business Daily
Video Game Publishers Activision, Take-Two Diverge With Holiday Earnings
Video game publishers Activision Blizzard and Take-Two Interactive Software late Thursday posted divergent December-quarter results. The Activision earnings report sent ATVI stock higher.
- Investopedia
Activision Blizzard Earnings: What Happened with ATVI
Activision Blizzard (ATVI) reported significantly higher-than-expected profits and the first growth in the size of its user base since 2016.
- Barrons.com
Activision Blizzard’s Revenue Beat Its Own Expectations. The Stock Is Rising.
Activision Blizzard was among Barron’s picks to play the upcoming PlayStation 5 and Xbox Series X launches. Activision said Call of Duty Mobile installations surpassed 150 million. Overwatch, another multiplayer game, has topped 50 million players globally since its launch in 2016, the company said.
Reuters'Call of Duty' drives Activision's quarterly beat, overshadows lower forecast
Activision has been pushing for user engagement on its big-budget titles by offering free content, seeking to drive in-game monetization. "Call of Duty: Modern Warfare", the best-selling game of 2019, according to data from research firm NPD, in December offered free content, including new multi-player maps. The mobile version of "Call of Duty", launched in October, was installed over 150 million times, the company said.
- TheStreet.com
Activision Rises on Q4 Beat Led by Call of Duty
Shares of video game maker Activision Blizzard climbed 2.5% after hours after the company reported fourth quarter earnings and revenue ahead of estimates, as well as healthy guidance. Analysts were expecting Activision to report earnings of $1.19 per share on revenue of $2.67 billion. The company's Call of Duty first-person shooting game was once again the crown jewel of the holiday season, generating more upfront console sales than any other franchise worldwide.
