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Activision Blizzard Pauses BlizzCon: What Investors Should Know
Wednesday, October 27, 2021 - 12:03pm | 536Activision Blizzard Inc (NASDAQ: ATVI) delayed and cancelled the last couple BlizzCon events due to the COVID-19 pandemic and is now pausing plans for the next one. What Happened: Blizzard announced Tuesday it is pausing the next BlizzCon. “We’ve decided to take a step back...
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Activision Announces New Co-Leaders Of Blizzard As J. Allen Brack Steps Down
Tuesday, August 3, 2021 - 10:43am | 555Video game publisher Activision Blizzard (NASDAQ: ATVI) has been in the spotlight in recent weeks with the company accused of sexual harassment and a “frat boy” work environment. The company announced changes to its management team Tuesday. What Happened: Jen Oneal and Mike Ybarra were...
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2 Video Game Stocks To Buy And 1 To Watch For Strength In Sector Says Analyst
Thursday, June 24, 2021 - 4:24pm | 685Digitization of distribution, in-game monetization and franchise management are three trends that have transformed the video game sector according to MoffettNathanson. The firm initiated coverage of the video game sector with call-outs on three leading stocks. The Gaming Stock Analyst:...
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Activision Blizzard Has Yellow Brick Road With Key Franchises Launching As Mobile Games
Wednesday, May 5, 2021 - 2:15pm | 712Analysts react to the first-quarter earnings from Activision Blizzard (NASDAQ: ATVI) on Tuesday night. The Activision Blizzard Analysts: Raymond James analyst Andrew Marok reiterates an Outperform rating and $120 price target. KeyBanc analyst Tyler Parker reiterates an Overweight rating and ...
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Activision Blizzard Rallies On Strong Q4 Report, 2021 Guidance
Thursday, February 4, 2021 - 5:45pm | 428Video game maker Activision Blizzard reported fourth-quarter and full-year earnings after the market close Thursday. What Happened: Fourth-quarter revenue was $3.05 billion for Activision Blizzard Inc (NASDAQ: ATVI). The figure beat street estimates of $2.83 billion. Fourth-quarter EPS of $1....
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'World Of Warcraft' Record Sales Could Make Activision's Stock Attractive Ahead Of Earnings
Thursday, December 10, 2020 - 10:05am | 567Activision Blizzard (NASDAQ: ATVI) reported some stunning numbers for its 16-year-old PC franchise. What Happened: The “World of Warcraft” PC game celebrated its 16th anniversary in November. The anniversary coincided with the release of the eight expansion of the franchise. “...
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Stock Wars: Activision Blizzard Vs. Electronic Arts Vs. Take-Two
Wednesday, September 30, 2020 - 8:01am | 1093Three of the largest video game companies have shown impressive five-year runs of their share prices. New console releases from Sony Corporation (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) will make their debut in fall 2020. Today’s Stock Wars looks at...
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Sell-Side Likes The Outlook For Activision Blizzard, Take-Two Interactive
Friday, November 8, 2019 - 1:19pm | 748Activision Blizzard, Inc. (NASDAQ: ATVI) and Take-Two Interactive Software (NASDAQ: TTWO) not only had strong September quarters, but look good heading into next year sell-side analysts said, suggesting company guidance on the near-future may be too conservative. Analysts universally liked...
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Nomura Upgrades Activision Blizzard, Bullish On 'WoW Classic' And 'Overwatch'
Thursday, September 12, 2019 - 10:32am | 349Activision Blizzard, Inc. (NASDAQ: ATVI) looks to have several things going for it from its past, with a new “World of Warcraft Classic,” and from the future with a strong move into mobile games, Nomura Instinet said Thursday in upgrading the stock. The Analyst Nomura Instinet’s...
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Large Option Traders Jump Into Activision Blizzard Following 'WoW Classic' Release
Tuesday, August 27, 2019 - 2:42pm | 671Excitement over the release of "World of Warcraft Classic" has shares of Activision Blizzard, Inc. (NASDAQ: ATVI) trading higher on Tuesday. Not only does Activision have gamers’ attention, a series of large option trades on Tuesday suggests the stock also has the attention of some...
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Analysts Like Activision Blizzard's 2019 Performance, 2020 Gameplan
Friday, August 9, 2019 - 2:16pm | 574Analysts were pleased with Activision Blizzard, Inc. (NASDAQ: ATVI)’s second-quarter earnings beat and largely unphased by lower projections for third-quarter revenue, continuing to see the video game maker’s 2019 as a rebuilding and investment year ahead of a more exciting future....
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BlizzCon Didn't Go How ATVI Management Hoped, Now Time For Earnings
Wednesday, November 7, 2018 - 12:59pm | 1061November is a busy month for Activision Blizzard, Inc. (NASDAQ: ATVI). The company just wrapped up its BlizzCon two-day event and next it reports earnings after market close on Thursday, Nov. 8. BlizzCon didn’t exactly go how management was planning as fans were outraged over the...
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Jefferies: Record-Setting 'World Of Warcraft' Day Could Drive 12% Upside To Activision Blizzard EPS
Friday, August 24, 2018 - 9:38am | 410The latest "World of Warcraft" release sold more than 3 million units in one day, which could translate to 10-12-percent EPS upside in the third quarter for Activision Blizzard, Inc. (NASDAQ: ATVI), the maker of the game, according to Jefferies. The Analyst Jefferies' Timothy O'...
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The Richest Gamers: Drake, Elon Musk And Other Famous Video Game Aficionados
Wednesday, August 8, 2018 - 3:45pm | 943Many of us, especially millennials, have experienced a situation when video games received a bad rap. Whether it was a mom saying you're “frying your brain” during the navigation of a "Halo" campaign, or societal labeling of expert gamers as “nerds,” just ...
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Activision Blizzard Has Found Its Next Big Franchise
Tuesday, November 29, 2016 - 4:52pm | 531In a short six months, Activision Blizzard, Inc. (NASDAQ: ATVI)'s team-based shooter game "Overwatch" has taken over the online gaming landscape. Massive Audience Appeal Activision Blizzard is no stranger to finding a massive audience in online gaming. The developer's long-...