Activision Stock Today

ATVI
 Stock
  

USD 76.37  0.05  0.07%   

Market Performance
0 of 100
Odds Of Distress
Less than 9
Activision Blizzard is trading at 76.37 as of the 6th of December 2022. This is a 0.07 percent increase since the beginning of the trading day. The stock's open price was 76.315. Activision Blizzard has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Activision Blizzard are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of September 2021 and ending today, the 6th of December 2022. Click here to learn more.
CUSIP
053801304
Fiscal Year End
December
Business Domain
Media & Entertainment
IPO Date
10th of July 2008
Category
Communication Services
Classification
Communication Services
Activision Blizzard, Inc., together with its subsidiaries, develops and publishes interactive entertainment content and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, and game specialty stores through third-party distribution and licensing arrangements. The company has 782.63 M outstanding shares of which 23.73 M shares are presently shorted by private and institutional investors with about 3.8 trading days to cover. More on Activision Blizzard

Moving together with Activision Blizzard

+0.74GOOGAlphabet Class Aggressive PushPairCorr
+0.71METAMeta Platforms Symbol ChangePairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Activision Blizzard Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Activision Blizzard's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Activision Blizzard or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Activision Blizzard generated a negative expected return over the last 90 days
Activision Blizzard has a poor financial position based on the latest SEC disclosures
Over 83.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Whats Happening With Activision Blizzard Stock - Forbes
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Activision Blizzard's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Activision Blizzard's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO and President and DirectorRobert Kotick
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering Activision Blizzard report their recommendations after researching Activision Blizzard's financial statements, talking to executives and customers, or listening in on Activision Blizzard's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Activision Blizzard. The Activision consensus assessment is calculated by taking the average forecast from all of the analysts covering Activision Blizzard.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Activision Blizzard based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Activision Blizzard financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted925.7 M784 M
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares916.5 M777 M
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets8.8911.2073
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from OperationsB2.4 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities2.4 B2.4 B
Slightly Up
Increasing
Very volatile
Total Liabilities6.6 B7.5 B
Fairly Down
Increasing
Slightly volatile
Gross Margin66.3973.6794
Moderately Down
Increasing
Slightly volatile
Total Debt3.5 B3.6 B
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.350.3655
Sufficiently Down
Increasing
Slightly volatile
Current Assets13.5 B12.6 B
Significantly Up
Increasing
Slightly volatile
Total Assets20.4 B25.1 B
Significantly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Activision Blizzard's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Activision Blizzard's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Activision Blizzard's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Activision Blizzard's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Activision Blizzard's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Activision Blizzard's financial leverage. It provides some insight into what part of Activision Blizzard's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Activision Blizzard's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Activision Blizzard deploys its capital and how much of that capital is borrowed.
Liquidity
Activision Blizzard cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 3.61 B in liabilities with Debt to Equity (D/E) ratio of 0.19, which may suggest the company is not taking enough advantage from borrowing. Activision Blizzard has a current ratio of 5.64, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Activision Blizzard until it has trouble settling it off, either with new capital or with free cash flow. So, Activision Blizzard's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Activision Blizzard sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Activision to invest in growth at high rates of return. When we think about Activision Blizzard's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

1.97 Billion
Activision Blizzard (ATVI) is traded on NASDAQ Exchange in USA and employs 9,800 people. Activision Blizzard is listed under Interactive Home Entertainment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with current market capitalization of 59.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Activision Blizzard's market, we take the total number of its shares issued and multiply it by Activision Blizzard's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Activision Blizzard conducts business under Entertainment sector and is part of Communication Services industry. The entity has 782.63 M outstanding shares of which 23.73 M shares are presently shorted by private and institutional investors with about 3.8 trading days to cover. Activision Blizzard currently holds about 10.91 B in cash with 2.41 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.94.
Check Activision Blizzard Probability Of Bankruptcy
Ownership
Activision Blizzard retains a total of 782.63 Million outstanding shares. The majority of Activision Blizzard outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Activision Blizzard to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Activision Blizzard. Please pay attention to any change in the institutional holdings of Activision Blizzard as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Activision Ownership Details

Activision Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Activision Blizzard jumping above the current price in 90 days from now is about 14.47%. The Activision Blizzard probability density function shows the probability of Activision Blizzard stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Activision Blizzard has a beta of 0.2442. This suggests as returns on the market go up, Activision Blizzard average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Activision Blizzard will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Activision Blizzard is significantly underperforming NYSE Composite.
  Odds Below 76.37HorizonTargetOdds Above 76.37
85.27%90 days
 76.37 
14.47%
Based on a normal probability distribution, the odds of Activision Blizzard to move above the current price in 90 days from now is about 14.47 (This Activision Blizzard probability density function shows the probability of Activision Stock to fall within a particular range of prices over 90 days) .

Activision Blizzard Historical Income Statement

Activision Blizzard Income Statement is one of the three primary financial statements used for reporting Activision's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Activision Blizzard revenue and expense. Activision Blizzard Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Activision Blizzard Net Income is most likely to increase significantly in the upcoming years. The last year's value of Net Income was reported at 2.7 Billion. The current Operating Income is estimated to increase to about 3.5 B, while Direct Expenses is projected to decrease to roughly 2.1 B. View More Fundamentals

Activision Stock Against Markets

Picking the right benchmark for Activision Blizzard stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Activision Blizzard stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Activision Blizzard is critical whether you are bullish or bearish towards Activision Blizzard at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Activision Blizzard without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Performance Analysis Now

   

Performance Analysis

Check effects of mean-variance optimization against your current asset allocation
All  Next Launch Module

Activision Blizzard Corporate Directors

Activision Blizzard corporate directors refer to members of an Activision Blizzard board of directors. The board of directors generally takes responsibility for the Activision Blizzard's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Activision Blizzard's board members must vote for the resolution. The Activision Blizzard board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert Morgado - Independent DirectorProfile
Hendrik Hartong - DirectorProfile
Reveta Bowers - Independent DirectorProfile
Peter Nolan - DirectorProfile

Invested in Activision Blizzard?

The danger of trading Activision Blizzard is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Activision Blizzard is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Activision Blizzard. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Activision Blizzard is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for analysis

When running Activision Blizzard price analysis, check to measure Activision Blizzard's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Activision Blizzard is operating at the current time. Most of Activision Blizzard's value examination focuses on studying past and present price action to predict the probability of Activision Blizzard's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Activision Blizzard's price. Additionally, you may evaluate how the addition of Activision Blizzard to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Is Activision Blizzard's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Activision Blizzard. If investors know Activision will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Activision Blizzard listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.33) 
Market Capitalization
59.7 B
Quarterly Revenue Growth YOY
(0.14) 
Return On Assets
0.0522
Return On Equity
0.0936
The market value of Activision Blizzard is measured differently than its book value, which is the value of Activision that is recorded on the company's balance sheet. Investors also form their own opinion of Activision Blizzard's value that differs from its market value or its book value, called intrinsic value, which is Activision Blizzard's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Activision Blizzard's market value can be influenced by many factors that don't directly affect Activision Blizzard's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Activision Blizzard's value and its price as these two are different measures arrived at by different means. Investors typically determine Activision Blizzard value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Activision Blizzard's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.