Activision Blizzard Inc
Will Activision Blizzard Stock Delist Amid the Corporate Mayhem?
Activision President Steps Down Amid Lawsuit, New Co-Leaders Named
Following Lawsuit, Fractures Appear in Activision Blizzard Foundation
EA and Activision Look to Improve Their Profit Margins
Electronic Arts expects its gross margin to be 72.1% by the end of fiscal 2017, rising from 69.2% in fiscal 2016, 68.3% in fiscal 2015, and 63.4% in fiscal 2014.
Election Over, Market Still Undecided
We know the nation is politically divided, and now the market is showing us its split personality as well.
Activision Aims to Increase Its User Base and Player Engagement
World of Warcraft’s MAU (monthly active users) rose 10% YoY in fiscal 2016 and 20% YoY in 4Q16, primarily driven by the successful launch of Legion in 3Q16.
Sports Titles Helped Electronic Arts Exceed Analyst Expectations
Sports titles led EA’s growth in 2Q16. In September 2015, EA launched FIFA 16 and NHL 16. According to the NPD Group, both games made the Top 10 Games list for September 2015.
A Look at the September 2017 Moving Averages for Electronic Arts
Of the 23 analysts tracking EA, 18 gave the stock a “buy” recommendation, and five analysts recommended a “hold.” There were no “sell” recommendations from these analysts.
Why Investors Are Optimistic about Activision Blizzard
As in the table below shows, analysts have estimated an absolute revenue growth rate of 67% for Activision Blizzard between fiscal 2014 and fiscal 2019.
What Analysts Recommend for Activision Blizzard in April 2017
On April 24, 2017, Activision Blizzard (ATVI) generated investor returns of 46.8% in the trailing 12-month period and 3.6% in the trailing one-month period.
Electronic Arts on the Street: Analyst Expectations in July 2017
In the trailing-12-month period, Electronic Arts (EA) stock has risen 48.9%. In the past month, its shares have declined 1%.
Zynga’s Prospects in the Mobile Gaming Industry
Zynga closed 3Q17 with 19 million daily active users (or DAUs) on mobile, indicating that its mobile audience grew 19% YoY year-over-year.
How Zynga Is Spending Its Cash
With Zynga (ZNGA) hitting profitability milestones in its recent quarters, its cash holdings have grown.
Behind Take-Two Interactive’s Climb in August
Take-Two Interactive saw its stock rise 23% in August 2017 and closed the month at $97.79. Take-Two is now trading 135% above its 52-week low of $41.7.
Why Some Exposure to VanEck’s Gaming ETF Is Prudent
The VanEck Vectors Video Gaming and eSports ETF (ESPO) provides exposure to gaming and related industries.
Where’s the Money for Activision and Video Game Peers?
Holiday video game sales figures shared by Sensor Tower and reported by Wall Street Journal reveal an interesting sector trend.
What Are Electronic Arts’ Key Revenue Drivers?
Although Electronic Arts’ (EA) Mobile Gaming revenue rose 5% YoY (year-over-year) to $183 million in fiscal 3Q18, the firm’s Live Services’ net bookings rose 39% YoY to $787 million.
US Equity Is Expensive, so Where Can I Look for Relative Value?
US equity has become expensive, and its PE ratio continues to be elevated despite the fact that companies in the United States have been using the low-interest rate regime to financially lever their earnings.
Why GameStop’s video games segment looks optimistic
The video game market is somewhat asynchronous or acyclical with the macroeconomic business cycle in that the timing of new consoles tends to dominate any broader retail trend.
Scorecard Update: 5 Stocks I am Watching in a Turbulent Market
It’s been 2 weeks since Market Realist’s CEO picked 5 stocks he was watching in the turbulent market, so let’s take a look back at how those picks have performance compared with the S&P 500.
The Rapid Rise of Video Gaming and eSports
But what exactly is esports, and what does its growth portend for the video game industry overall? Collectively, the term “esports” refers to professional competitive gaming.
Parsing Zynga’s Mobile Metrics
One way to understand the prospects of digital publishers such as Zynga (ZNGA) is to look at mobile metrics, as mobile has become the preferred platform for playing digital games.
Why Zynga Is Prioritizing Its Research and Development Budget
Zynga (ZNGA) funneled $69.2 million into R&D (research and development) in 1Q17. It turns out the company is tweaking how it spends its R&D budget.
Gaming Industry Struggles Continue with EA’s Top-Line Miss
Electronic Arts missed top-line estimates but posted better-than-expected earnings in the third quarter.
Activision Blizzard Stock Falls 6 Percent on Disappointing Outlook
ATVI Is Optimistic about Delivering Engaging Content
Activision Blizzard (ATVI) is among the top gaming companies in the world. In the second quarter, the company had 350 million monthly active users.
Business Segments That Drove Activision’s Revenues in 1Q17
Activision is expected to release Call of Duty: WWII on November 3, 2017. Call of Duty’s reveal trailer has topped 10 million views on YouTube.
How Activision Blizzard Views 2Q17 and Fiscal 2017
In 2Q17, Activision plans to release a new Hearthstone expansion and the Overwatch Uprising event. Heroes of the Storm 2.0 is expected to be launched with additional content in 2017.
What Analysts Can Expect from Activision’s 1Q17 Earnings
Activision (ATVI) plans to announce its 1Q17 results on May 4, 2017. Activision has estimated earnings per share of $0.21.
Activision Aims to Create a Film and Television Unit
Activision will collaborate with film studios of companies like The Walt Disney Company (DIS) for theatrical distribution of its movies.
Take-Two Crushed Its Earnings Estimates, Stock Fell 5%
Take-Two Interactive (NASDAQ:TTWO) stock lost about 5% in after-hours trading on Wednesday following its results for the fourth quarter of fiscal 2020.
D.E. Shaw & Co.: Where Is David Shaw Bullish?
At the end of Q3 2019, D.E. Shaw & Co.’s total portfolio of publicly traded securities was worth around $81.2 billion.
EA, TTWO, ATVI: Are Gaming Stocks a Good Bet in 2020?
Gaming stocks have done well for investors over the years. Let’s look at whether Activision Blizzard, Take-Two Interactive, and EA are good bets for 2020.
Disney, Apple Set Sights on Activision Blizzard
An Activision Blizzard–Disney merger is looking very possible. After months of stock price decline, Activision Blizzard (ATVI) has become an acquisition target for several companies.
EA Stock Could Spike after Strong Star Wars Launch
EA launched Star Wars Jedi: Fallen Order on Friday, and the game’s early reviews are encouraging. EA’s valuation is $28.4 billion or 5.5x its forward sales.
Is Sony a Solid Bet in an Uncertain Economy?
Sony (SNE) has long had a reputation for being a formidable global brand. Amid current market uncertainty, is its stock promising?
Activision Blizzard Stock Fell Due to Bernstein Downgrade
Activision Blizzard (ATVI) shares are trading 4% lower today. Bernstein downgraded the stock from “market perform” to “underperform.”
Valuation and Upside Potential for EA, TTWO, and ATVI
Gaming stocks have made a strong comeback in the last six months. Electronic Arts has a 12-month target price of $111.48—12.4% above its current price.
Technology Market Movers on August 27, 2019
In today’s look at the market movers in the tech sector, Activision Blizzard (ATVI) rose 5% and CrowdStrike (CRWD) fell 5.4% to close at $84.08.
Gamescom 2019: Upcoming Titles on PS4 and Stadia
Gamescom 2019 began this week with the announcement of some exciting cross-platform games. Developers certainly didn’t disappoint.
Are Video Games Really to Blame for Mass Shootings?
On Monday, all gaming-related stocks dipped significantly. What came as a surprise was the news that caused this decline.
Take-Two Crushes Earnings Estimates, Gains Big after Hours
Shares of leading gaming company Take-Two Interactive (TTWO) rose over 7% after earnings in after-hours trading on August 5. Here’s why.
What Is Apple Pursuing with Its Arcade Gaming Service?
Apple’s Arcade service will allow subscribers to download games that they can play on the iPhone, the iPad, and Apple TV. Google is also gearing up to launch a new gaming service called Stadia, which will allow subscribers to stream games to play instead of downloading them.
E3 2019: The Big Announcements Shaping the Gaming Space
E3, the annual Electronic Entertainment Expo, is underway in Los Angeles. It’s a trade event for the video gaming industry that sees leading gaming companies make important announcements—including new games. Here’s how the expo has been affecting the market so far—and what you can expect.
What Are Activision Blizzard’s Strategic Initiatives?
In this article, we’ll discuss Activision Blizzard’s (ATVI) key strategic initiatives in terms of driving revenue growth and enhancing user engagement.
How eSports Growth Will Benefit Activision Blizzard
Gaming research company Newzoo expects the global esports industry to breach the $1 billion revenue mark in 2019.
Why Overwatch Remains Key to Activision Blizzard’s Revenue Growth
Gaming companies such as Activision Blizzard (ATVI) depend on popular franchises to drive their long-term revenue.
How Gaming Stocks Fared as Markets Wrapped the Worst Week of 2019
Last week, Activision Blizzard (ATVI) fell 2.4%, while GameStop (GME) saw downward price action of 5.4%.
Electronic Arts’ Valuation Compared to Its Peers
Electronic Arts has a forward PE ratio of 28.2x for 2019. The ratio might seem high given the company’s negative revenue and earnings growth.
Electronic Arts: What to Expect from the Earnings Growth
The shift to digital gaming has driven the profit margins higher for Electronic Arts (EA) and its peers over the last few years.
How Take-Two’s Valuation Compares with Peers
Take-Two Interactive (TTWO) has a forward PE ratio of 28.9x for 2019.
Red Dead Redemption 2 Is a Key Revenue Growth Driver for Take-Two
Gaming companies such as Take-Two Interactive (TTWO), Electronic Arts (EA), and Activision Blizzard (ATVI) are highly dependent on popular franchises to drive sales.
How Has Take-Two Interactive Performed In 2019?
Take-Two Interactive is up 370% in the last five years and 156% in the last three years.
A Look at Activision Blizzard’s Valuation
Activision Blizzard (ATVI) has a forward PE ratio of 35.9x for 2019.
A Look at Activision Blizzard’s 2019 Revenue and Earnings Growth
The global gaming market continues to grow at a robust pace. The gaming market is expected to reach $150 billion this year.
Here’s What Investors Can Expect from Zynga’s Q1 Report
Though 2018 was mostly a turnaround year, Zynga has said that it expects a great start to 2019.
Why Zynga May Put Its San Francisco Building on the Block
Zynga (ZNGA) exited 2018 with $581 million in cash, but the company isn’t satisfied with this amount and wants to increase it.
Zynga Banks on New Products to Sustain Its Recovery
According to Zynga (ZNGA), it’s planning to introduce new products to drive growth this year.
What’s in the Esports Market for Disney?
For Disney’s ESPN, there’s a huge revenue opportunity in esports. The global esports market will likely generate $1.1 billion in revenues in 2019.
Except Electronic Arts, Gaming Stocks Had a Dismal Q1
In the first quarter, Activision Blizzard and Take-Two Interactive Software saw downward price action of 1.5% and 8.3%, respectively.
Wall Street Weighs In on Gaming Stocks in March
Gaming stocks are having a mixed year so far. Electronic Arts has gained 25.5% YTD (year-to-date), but its peers haven’t fared so well.
Why T-Mobile Is Sponsoring Esports Leagues
T-Mobile (TMUS) recently renewed its sponsorship of the Overwatch League, the professional esports league run by videogame developer Activision Blizzard (ATVI).
Electronic Arts Surges as Apex Legends Continues Its Strong Run
Electronic Arts stock has seen significant buying interest on optimism over Apex Legends, its first free-to-play battle royale game.
Why Wall Street Fell in Love with Electronic Arts Stock
Electronic Arts (EA) gained 6.8% today as of 10:45 AM EST.
ATVI’s Q4 Earnings: What’s the Word on Wall Street?
Activision Blizzard (ATVI) is scheduled to release its fourth-quarter earnings results on February 12.
After Bungie Divorce, Activision Loses Wall Street’s Love
Activision Blizzard opened sharply lower on January 11. As of 9:40 AM EST, Activision Blizzard has fallen 11.8%.
Why Netflix Hired Expensive CFO
Netflix (NFLX) recently hired Spencer Neumann as its new CFO.
Are Analysts Turning Bearish on Gaming Stocks?
Yesterday, SunTrust Robinson lowered Electronic Arts’ (EA) target price from $116 to $105.
Why Gaming Stocks Are a Safe Bet after Their Recent Price Fall
The recent market pullback has resulted in several gaming stocks trading at 52-week lows.
What Are Activision Blizzard’s Key Revenue Growth Drivers?
Activision Blizzard’s (ATVI) Call of Duty, World of Warcraft, and Candy Crush continue to be major drivers of its revenue growth.
Activision Blizzard’s Valuation Compared to Its Peers’
We’ve already seen that Activision Blizzard’s’ (ATVI) revenues are expected to rise 4.6% in 2018 and 6.3% in 2019.
5 Stocks Down Over 5% Today
United Rentals, Inc. (NYSE: URI), Textron Inc. (NYSE: TXT), Snap-on Incorporated (NYSE: SNA), Sealed Air Corp. (NYSE: SEE), and Activision Blizzard, Inc. (Nasdaq: ATVI) are getting crushed today. What should you do now?
A Look at the Valuations for Gaming Stocks
Activision Blizzard’s (ATVI) PE (price-to-earnings) ratio is 34.4x, which is higher than Electronic Arts’ (EA) PE ratio of 31.3x.
Why Activision Blizzard Is Optimistic About Esports
Activision Blizzard reported that it sold the Overwatch League’s 12 teams for almost $250 million, and closed broadcasting and sponsorship deals worth $100 million for the league.
Activision Blizzard Stock Up 21% since Q1 2018 Results
Activision Blizzard (ATVI) stock has risen over 21.5% since the company announced its Q1 2018 results on May 3.
Why Activision Blizzard Aims to Target the Battle Royale Gaming Segment
In March, the stock prices of gaming companies Activision Blizzard (ATVI), Take-Two Interactive (TTWO), and Electronic Arts (EA) fell, driven by concerns over the tremendous success of Epic Games’ Fortnite.
These Games Drove Audience Reach for Activision Blizzard
The next two articles in this series look at the key games and franchises that affected Activision Blizzard’s audience reach, player engagement, and player investment.
J.P. Morgan Initiates Coverage on Electronic Arts
J.P. Morgan has an “overweight” rating on the stock with a 12-month price target of $150.
Why Did Activision Blizzard Partner with Nielsen?
The global eSports market is estimated to reach ~$1.7 billion by 2021, up from $906.0 million in 2018.
How Does Activision Blizzard Compare with Peers in Key Metrics?
Activision Blizzard’s PE ratio is estimated at 41.06x for 2018, which is lower than Zynga’s PE ratio of 46.07x and Take-Two Interactive’s PE ratio of 74x.
Inside Activision Blizzard’s Important Metrics in 4Q17
ATVI’s operating income came in at $634 million, with an operating margin of 47%, and its net revenues in 2017 reached ~$2.6 billion.
How Activision Blizzard Continues to Expand Its Audience Reach
The total MAUs for Activision Blizzard at the end of 4Q17 stood at 385 million—marginally higher than the 384 million MAUs it had at the end of 3Q17.
These Were Activision Blizzard’s Top Selling Games in 2017
Activision Blizzard’s (ATVI) Call of Duty was launched about 14 years ago and has been a favorite ever since.
Why Activision Blizzard’s Revenues Are Expected to Rise in Fiscal 2018
Analysts expect Activision Blizzard’s (ATVI) revenues to rise 10.8% YoY (year-over-year) to $1.33 billion in 1Q18.
Electronic Arts versus Analyst Price Target Estimates
Electronic Arts (EA) has returned 44% in the trailing 12 months, 0.5% in the last month, and -1.6% in the trailing five days.
How EA Compares with Peers: Revenue Growth and Other Metrics
In the table below, you can see that analysts expect revenue growth for Electronic Arts (EA) to continue in fiscal 2018 and beyond.
Why Electronic Arts Expects Revenue to Rise 5.3% in Fiscal 2018
Electronic Arts (EA) expects GAAP (generally accepted accounting principles) revenue of $5.1 billion in fiscal 2018, a YoY (year-over-year) rise of 5.3% to $4.84 billion in fiscal 2017
How Electronic Arts Tackled a Star Wars Battlefront II Issue
Electronic Arts (EA) sold approximately 7 million units of Star Wars Battlefront II in the quarter that ended in December 2017.
Can Activision Blizzard Continue to Improve Revenue and Profits?
We’ve seen that Wall Street expects revenue growth of 3.7% YoY for Activision Blizzard (ATVI) in 4Q17. Analysts expect Activision Blizzard’s revenues to rise 6.9% YoY (year-over-year) to $7.06 billion in fiscal 2017, compared to $6.6 billion in fiscal 2016.
Why Investors Are Optimistic about Electronic Arts
EA could sell ~882,000 units of the much-awaited Star Wars Battlefront II in November 2017 compared to earlier estimates of ~1.7 million units.
Which Games Are Driving Digital Downloads for Electronic Arts?
Management at Electronic Arts was surprised at the data released for full game downloads with respect to its games such as FIFA and Madden in fiscal 2Q18.
What Negatively Affected EA’s Stock Price Recently?
Cowen reduced its price target and revenue forecast for EA as a result of lower-than-expected sales for the company’s Star Wars Battlefront II title.
EA and Activision Can Grow Their Long-Term Revenue
Research firm Newzoo has estimated that worldwide gaming revenue will reach $116 billion in 2017 with more than 2.2 billion players.
Popular Games among eSports Viewers
Activision (ATVI) Blizzard’s Overwatch was one of the most popular games on Twitch. It logged in 1.3 million eSports hours during October 2017.
Inside the Profit Margins of the 4 Biggest Gaming Companies
Analysts expect Activision to post a net margin of 14.4% in fiscal 2017, 16.9% in fiscal 2018, and 19.5% in fiscal 2019.
Activision Blizzard’s Revenue and Profitability Growth
Activision Blizzard’s (ATVI) revenue rose over 40% YoY (year-over-year) to $6.6 billion in fiscal 2016. In the first nine months of 2017, Activision’s revenue rose 8.7% to $5 billion from $4.6 billion in the first nine months of 2016.
Activision Blizzard’s Most Important Metrics
Activision Blizzard’s (ATVI) digital sales in 3Q17 rose less than 1% YoY (year-over-year) in 3Q17 to $1.35 billion. In the first nine months of 2017, digital sales rose 33% YoY to $5.5 billion.
What’s Driving Activision’s User Engagement?
Activision Blizzard’s (ATVI) players spent over 50 minutes per day on average in 3Q17. According to Activision, this is similar to other engaging online connected platforms globally.
What’s Affected Activision Blizzard’s Stock Price in 2017?
Since the start of calendar 2017, Activision Blizzard’s (ATVI) stock price has risen over 75% to close at $63.93 on November 20.
Which Games Are Likely to Drive Revenue for Activision and EA?
A broad portfolio of games for Activision Activision Blizzard (ATVI) has a broad portfolio of games across genres. A few years ago, the company banked on games like World of Warcraft, Skylanders, and Call of Duty to drive revenue. These three games accounted for almost 80% of the company’s total revenue in fiscal 2013. Peer company Take-Two […]