ACTIVISION BLIZZARD Stock Rose on Tuesday, But Still Lagged the Market

Trending News 🌧️

Activision Blizzard Stock Fair Value – Activision Blizzard ($NASDAQ:ATVI) Inc. is a leading global interactive entertainment company. The company publishes and develops interactive software products, including console, personal computer, tablet and mobile games. Activision Blizzard’s stock is traded on the Nasdaq Global Select Market under the ticker symbol “ATVI.” The company has been investing in new products and services to capture more of the market share. It recently announced a partnership with Google Cloud to develop and host game services on Google’s cloud platform.

This move is expected to reduce costs and increase efficiency for Activision Blizzard. In addition to its strong product portfolio, Activision Blizzard has also been investing in its esports division. The company recently announced its plans to acquire the majority stake in Major League Gaming, an esports media company. This move is expected to help Activision Blizzard expand its reach in the competitive gaming world and capture more market share. With further investments in its esports division, Activision Blizzard is well positioned to continue to grow and outperform the broader market in the future.

Price History

The stock opened at $77.7 and closed at $77.0, down by 0.9% from its last closing price of 77.7. Analysts have attributed ACTIVISION BLIZZARD‘s performance to a variety of factors. One theory is that investors remain cautious due to the company’s ongoing litigation against former Chief Executive Officer Bobby Kotick and other executives. Since then, it has fallen to its current level of just over $77 per share. This downward trend could be attributed to the general economic uncertainty brought on by the pandemic and the resulting market downturn. Analysts suggest that investors should keep a close eye on ACTIVISION BLIZZARD’s performance over the coming weeks and months. The company has been working hard to create new and innovative products and services, which could help to boost its stock price.

Additionally, if the company is able to successfully resolve its legal issues, this could also have a positive impact on its stock price in the near future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Activision Blizzard. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Activision Blizzard. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Activision Blizzard. More…

Key Ratios Snapshot

Some of the financial key ratios for Activision Blizzard are shown below. More…

VI Analysis – Activision Blizzard Stock Fair Value

Activision Blizzard is a leading interactive entertainment company. Their fundamentals reflect their long term potential and the VI Line app provides a simple analysis of this. According to the app, the fair value of Activision Blizzard’s shares is around $83.1. Currently, the stock is being traded at $77.0, meaning that the stock is undervalued by 7%. This suggests that investors may find value in investing in the company’s stock, as the fair price is higher than the current trading price. Furthermore, investors may be attracted to the fact that the company has a strong track record of success in the industry, evidenced by their current position as leaders in interactive entertainment. Therefore, with the current stock being undervalued, investors may be able to benefit from investing in Activision Blizzard. More…

VI Peers

The company has a strong portfolio of video game franchises and continues to innovate in the gaming space. While its competitors are also strong in the gaming industry, Activision Blizzard has a history of success and a bright future.

– Take-Two Interactive Software Inc ($NASDAQ:TTWO)

Take-Two Interactive Software, Inc. is a holding company, which engages in the provision of entertainment products and services. It operates through the following segments: Publishing, Distribution, and Other. The Publishing segment refers to the development, marketing, and sale of software products and content through physical retail, digital download, online platforms, and cloud streaming services. The Distribution segment comprises of the third-party distribution of physical retail products and digital downloads of games and add-on content. The Other segment covers licensing and management fees, royalties, and other non-operating income. The company was founded by Ryan Brant and Jeffrey D. Lapin on September 24, 1993 and is headquartered in New York, NY.

– Electronic Arts Inc ($NASDAQ:EA)

Electronic Arts Inc is a leading global interactive entertainment software company. The Company develops, publishes, and distributes interactive software worldwide for video game systems, personal computers, cellular handsets and the Internet.

As of 2022, Electronic Arts Inc has a market cap of 35.66B and a Return on Equity of 10.3%. The company is a leading global interactive entertainment software company and develops, publishes, and distributes interactive software worldwide for video game systems, personal computers, cellular handsets and the Internet.

Summary

ACTIVISION BLIZZARD‘s stock rose on Tuesday, but still lagged the market. Analysts suggest this could be due to the company’s decreased earnings outlook, which caused a drop in share price earlier in the month. Additionally, the company’s recent decision to shift its focus away from console gaming toward mobile and digital gaming could also be a factor. In any case, investors should still keep an eye on ACTIVISION BLIZZARD’s stock performance and other financial indicators before making any decisions.