ATVI - Activision Blizzard Inc Stock Price, Fair Value and News

1695.00USD Market Closed

Market Summary

USD1695.00

Market Closed

ATVI Stock Price

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ATVI RSI Chart

ATVI Valuation

Market Cap

1.3T

Price/Earnings (Trailing)

615.99

Price/Sales (Trailing)

153.18

EV/EBITDA

477.15

Price/Free Cashflow

544.78

ATVI Price/Sales (Trailing)

ATVI Profitability

Operating Margin

75.95%

EBT Margin

29.60%

Return on Equity

10.41%

Return on Assets

7.59%

Free Cashflow Yield

0.18%

ATVI Fundamentals

ATVI Revenue

Revenue (TTM)

8.7B

ATVI Earnings

Earnings (TTM)

2.2B

Breaking Down ATVI Revenue

Last 30 days

1746%

Last 90 days

1744.2%

Trailing 12 Months

2249.9%

How does ATVI drawdown profile look like?

ATVI Financial Health

Current Ratio

4.66

Debt/Equity

0.17

Debt/Cashflow

0.71

ATVI Investor Care

Dividend Yield

0.03%

Dividend/Share (TTM)

0.47

Shares Dilution (1Y)

0.57%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	8.1B	8.7B	0	0
2022	8.3B	7.6B	7.4B	7.5B
2021	8.6B	8.9B	9.1B	8.8B
2020	6.5B	7.0B	7.7B	8.1B
2019	7.4B	7.1B	6.9B	6.5B
2018	7.3B	7.3B	7.2B	7.5B
2017	6.9B	6.9B	7.0B	7.0B
2016	4.8B	5.4B	5.9B	6.6B
2015	4.6B	4.7B	4.9B	4.7B
2014	4.4B	4.3B	4.4B	4.4B
2013	5.0B	5.0B	4.8B	4.6B
2012	4.5B	4.4B	4.5B	4.9B
2011	4.6B	4.8B	4.8B	4.8B
2010	4.6B	4.5B	4.6B	4.4B
2009	3.7B	4.4B	4.4B	4.3B
2008	0	1.9B	2.5B	3.0B
2007	0	0	0	1.3B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Activision Blizzard Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jul 25, 2023	nolan peter j	gifted	-	-	-100,000	-
Jun 29, 2023	dixton grant michael	acquired	-	-	393	chief legal officer
Jun 29, 2023	dixton grant michael	sold (taxes)	-275,659	83.08	-3,318	chief legal officer
Jun 26, 2023	corti robert j	acquired	-	-	2,998	-
Jun 26, 2023	morgado robert j	acquired	-	-	2,998	-
Jun 26, 2023	kelly brian g	acquired	-	-	2,998	-
Jun 26, 2023	ostroff dawn	acquired	-	-	2,998	-
Jun 26, 2023	carr kerry	acquired	-	-	2,998	-
Jun 26, 2023	nolan peter j	acquired	-	-	2,998	-
Jun 26, 2023	bowers reveta f	acquired	-	-	2,998	-

Which funds bought or sold ATVI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	MetLife Investment Management, LLC	sold off	-100	-16,588,900	-	-%
Apr 19, 2024	ZRC WEALTH MANAGEMENT, LLC	sold off	-100	-124,060	-	-%
Mar 29, 2024	Kapitalo Investimentos Ltda	sold off	-100	-121,051,000	-	-%
Mar 22, 2024	PNC Financial Services Group, Inc.	sold off	-100	-14,409,700	-	-%
Mar 21, 2024	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	sold off	-100	-30,429,800	-	-%
Mar 18, 2024	CoreFirst Bank & Trust	sold off	-100	-159,171	-	-%
Mar 15, 2024	B. Riley Wealth Advisors, Inc.	sold off	-100	-2,813,450	-	-%
Mar 11, 2024	VANGUARD GROUP INC	sold off	-100	-5,642,830,000	-	-%
Mar 08, 2024	TRUST CO OF VERMONT	sold off	-100	-4,379,920	-	-%
Mar 07, 2024	Brown Shipley& Co Ltd	sold off	-100	-145,501	-	-%

Are Funds Buying or Selling ATVI?

Are funds buying ATVI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ATVI

No. of Funds

Unveiling Activision Blizzard Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jul 17, 2023	buffett warren e	1.9%	14,658,121	SC 13G/A
Feb 14, 2023	berkshire hathaway inc	6.7%	52,717,075	SC 13G
Feb 13, 2023	capital international investors	0.1%	555,244	SC 13G/A
Feb 09, 2023	vanguard group inc	7.91%	61,897,641	SC 13G/A
Jan 31, 2023	blackrock inc.	7.2%	56,307,360	SC 13G/A
Feb 11, 2022	capital international investors	5.3%	41,106,446	SC 13G
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Feb 09, 2022	vanguard group inc	8.33%	64,883,729	SC 13G/A
Feb 01, 2022	blackrock inc.	7.9%	61,381,263	SC 13G/A
Feb 16, 2021	capital international investors	3.7%	28,319,872	SC 13G/A

Recent SEC filings of Activision Blizzard Inc

View All Filings

Date Filed	Form Type	Document
Feb 26, 2024	4	Insider Trading

Peers (Alternatives to Activision Blizzard Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ATVI	1.3T	8.7B	1746.00%	2249.92%	615.99	153.18	13.89%	15.25%
EA	34.0B	7.7B	-2.75%	1.74%	32.38	4.44	3.80%	-19.34%
TTWO	24.5B	5.4B	-2.21%	17.95%	-16.86	4.53	11.64%	-259.73%
RBLX	22.4B	2.8B	-4.75%	-0.67%	-19.46	8.01	25.81%	-24.62%
MID-CAP
SCPL	7.1B	-	17.60%	2339.49%	154.05	9.7	-	-
PLTK	2.6B	2.6B	1.87%	-34.84%	11.15	1.02	-1.85%	-14.64%
SMALL-CAP
MYPS	293.9M	310.9M	-16.60%	-48.24%	-15.15	0.95	7.09%	-9.05%
GMGI	149.0M	45.2M	33.01%	82.51%	-227.62	3.29	19.26%	19.48%
MSGM	6.6M	6.9M	16.59%	-54.08%	-0.5	0.96	-33.08%	63.93%
MGAM	637.1K	-	-81.25%	-95.45%	-0.09	-	-	-426.54%

Activision Blizzard Inc News

Latest updates

Activision Blizzard Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	-7.4%	2,207	2,383	2,334	1,782	1,644	1,768	2,163	2,070	2,296	2,275	2,412	1,954	1,932	1,788	1,986	1,282	1,396	1,825	2,381	1,512	1,641
Cost Of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	656	442	433	563	832	513	510
Costs and Expenses	2.6%	1,624	1,583	1,966	1,297	1,306	1,289	1,482	1,246	1,337	1,480	1,817	1,176	1,183	1,176	1,532	1,035	1,060	1,255	1,688	1,247	1,207
S&GA Expenses	19.8%	333	278	416	287	263	252	299	244	245	237	342	238	242	243	346	182	191	207	322	263	226
R&D Expenses	0.7%	405	402	487	277	311	346	321	329	335	353	348	274	291	238	296	210	244	249	325	263	255
EBITDA Margin	9.0%	0.32*	0.29*	0.26*	0.29*	0.31*	0.37*	0.38*	0.37*	0.37*	0.36*	0.36*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	0%	27.00	27.00	-	-	27.00	27.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	-11.6%	137	155	55.00	65.00	41.00	70.00	74.00	120	126	146	55.00	118	147	99.00	-77.50	45.00	42.00	120	4.00	-48.00	6.00
Earnings Before Taxes	-19.1%	724	895	458	500	321	465	638	759	1,002	765	563	722	727	604	447	249	370	567	690	212	408
EBT Margin	10.9%	0.30*	0.27*	0.23*	0.26*	0.29*	0.35*	0.36*	0.34*	0.34*	0.32*	0.32*	-	-	-	-	-	-	-	-	-	-
Net Income	-20.7%	587	740	403	435	280	395	565	639	876	619	509	604	580	505	525	204	328	447	685	260	402
Net Income Margin	9.0%	0.25*	0.23*	0.20*	0.23*	0.25*	0.30*	0.31*	0.29*	0.29*	0.27*	0.27*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	5.0%	567	540	1,099	242	161	627	640	498	374	822	1,118	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Assets	4.1%	28,518	27,393	27,383	25,620	24,994	25,012	25,056	23,977	23,572	23,425	23,109	21,577	20,220	19,604	19,845	17,805	17,495	17,948	17,890	16,713	17,958
Current Assets	6.7%	15,496	14,519	14,469	13,110	12,507	12,486	12,556	11,211	10,887	10,922	10,565	9,002	7,719	7,119	7,292	6,012	5,663	6,037	6,106	4,972	6,134
Cash Equivalents	16.6%	10,770	9,236	7,060	7,743	10,510	10,980	10,438	9,736	9,223	9,287	8,652	7,417	6,340	5,910	5,798	4,946	4,599	4,700	4,229	3,316	4,865
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32.00	102	46.00	45.00	43.00	174	36.00
Net PPE	2.5%	204	199	193	171	175	174	169	171	174	192	209	211	222	236	253	249	259	264	282	281	281
Goodwill	0%	9,929	9,929	9,929	9,928	9,931	9,799	9,799	9,765	9,765	9,765	9,765	9,764	9,763	9,763	9,764	9,764	9,763	9,763	9,762	9,763	9,763
Liabilities	6.1%	7,725	7,278	8,140	6,812	6,746	7,181	7,457	7,027	7,286	8,094	8,072	7,195	6,538	6,583	7,040	5,570	5,518	6,352	6,498	6,054	7,612
Current Liabilities	17.9%	3,322	2,817	3,555	2,278	2,024	2,291	2,411	2,016	2,253	3,181	3,100	2,187	2,557	2,560	2,915	1,751	1,639	2,295	2,642	2,382	2,060
Long Term Debt	0.0%	3,612	3,611	3,611	3,610	3,609	3,608	3,608	3,607	3,606	3,606	3,605	3,604	2,676	2,675	2,675	2,674	2,673	2,672	2,671	2,670	4,394
LT Debt, Non Current	0.0%	3,612	3,611	3,611	3,610	3,609	3,608	3,608	3,607	3,606	3,606	3,605	3,604	2,676	2,675	2,675	2,674	2,673	2,672	2,671	2,670	4,394
Shareholder's Equity	3.4%	20,793	20,115	19,243	18,808	18,248	17,831	17,599	16,950	16,286	15,331	15,037	14,382	13,682	13,021	12,805	12,235	11,977	11,596	11,392	10,659	10,346
Retained Earnings	4.2%	14,498	13,911	13,171	12,768	12,333	12,053	12,025	11,460	10,821	9,945	9,691	9,183	8,579	7,999	7,813	7,289	7,085	6,757	6,593	5,907	5,647
Additional Paid-In Capital	0.8%	12,489	12,396	12,260	12,192	12,069	11,927	11,715	11,640	11,621	11,549	11,531	11,395	11,300	11,213	11,174	11,116	11,063	11,004	10,963	10,928	10,867
Shares Outstanding	0.1%	786	785	782	781	782	780	777	777	777	775	771	771	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	60,436	-	-	-	73,722	-	-	-	58,007	-	-	-	35,743	-	-	-	57,447

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Cashflow From Operations	2.3%	590	577	1,123	257	198	642	661	521	388	844	1,140	196	768	148	918	309	154	450	999	253	9.00
Share Based Compensation	-17.7%	102	124	161	102	101	98.00	249	65.00	43.00	151	80.00	53.00	42.00	43.00	39.00	27.00	37.00	63.00	45.00	54.00	56.00
Cashflow From Investing	-41.9%	966	1,663	-1,801	-2,940	-260	7.00	42.00	73.00	-88.00	-86.00	-	-90.00	-60.00	-28.00	-101	42.00	42.00	-5.00	-70.00	-36.00	-73.00
Cashflow From Financing	63.4%	-26.00	-71.00	-61.00	-6.00	-370	-97.00	12.00	-62.00	-376	-95.00	58.00	934	-288	7.00	14.00	23.00	-298	24.00	-	-1,770	-258
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

ATVI Income Statement

2023-06-30

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Net revenues
Total net revenues	$ 2,207	$ 1,644	$ 4,590	$ 3,412
Cost of Revenue-product sales and in-game, subscription, and other:
Product development	405	311	807	658
Sales and marketing	333	263	611	514
General and administrative	230	247	468	459
Total costs and expenses	1,624	1,306	3,207	2,595
Operating income	583	338	1,383	817
Interest expense from debt	27	27	54	54
Other (income) expense, net (Note 10)	(168)	(10)	(290)	(23)
Income before income tax expense	724	321	1,619	786
Income tax expense	137	41	291	111
Net income	$ 587	$ 280	$ 1,328	$ 675
Earnings per common share
Basic (in dollars per share)	$ 0.75	$ 0.36	$ 1.69	$ 0.86
Diluted (in dollars per share)	$ 0.74	$ 0.36	$ 1.67	$ 0.86
Weighted-average number of shares outstanding
Basic (in shares)	786	782	785	781
Diluted (in shares)	794	788	793	787
Product sales
Net revenues
Total net revenues	$ 520	$ 304	$ 1,215	$ 690
Product costs
Cost of Revenue-product sales and in-game, subscription, and other:
Cost of revenues	116	80	252	172
Software royalties and amortization
Cost of Revenue-product sales and in-game, subscription, and other:
Cost of revenues	105	63	207	144
In-game, subscription, and other revenues
Net revenues
Total net revenues	1,687	1,340	3,375	2,722
Game operations and distribution costs
Cost of Revenue-product sales and in-game, subscription, and other:
Cost of revenues	373	317	736	605
Software royalties and amortization
Cost of Revenue-product sales and in-game, subscription, and other:
Cost of revenues	$ 62	$ 25	$ 126	$ 43

ATVI Balance Sheet

2023-06-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 10,770	$ 7,060
Held-to-maturity investments	2,314	4,932
Accounts receivable, net	1,035	1,204
Software development	762	640
Other current assets	615	633
Total current assets	15,496	14,469
Software development	684	641
Property and equipment, net	204	193
Deferred income taxes, net	1,289	1,201
Other assets	479	508
Intangible assets, net	437	442
Goodwill	9,929	9,929
Total assets	28,518	27,383
Current liabilities:
Accounts payable	225	324
Deferred revenues	1,877	2,088
Accrued expenses and other liabilities	1,220	1,143
Total current liabilities	3,322	3,555
Long-term debt, net	3,612	3,611
Deferred income taxes, net	32	158
Other liabilities	759	816
Total liabilities	7,725	8,140
Commitments and contingencies (Note 14)
Shareholders’ equity:
Common stock, $0.000001 par value, 2,400,000,000 shares authorized, 1,215,320,701 and 1,212,894,055 shares issued at June 30, 2023 and December 31, 2022, respectively	0	0
Additional paid-in capital	12,489	12,260
Less: Treasury stock, at cost, 428,676,471 shares at June 30, 2023 and December 31, 2022	(5,563)	(5,563)
Retained earnings	14,498	13,171
Accumulated other comprehensive loss	(631)	(625)
Total shareholders’ equity	20,793	19,243
Total liabilities and shareholders’ equity	$ 28,518	$ 27,383

About Activision Blizzard Inc

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. The company operates through three segments: Activision, Blizzard, and King. It develops and distributes content and services on video game consoles, personal computers, and mobile devices, including subscription, full-game, and in-game sales, as well as by licensing software to third-party or related-party companies that distribute Activision and Blizzard products. The company also maintains a proprietary online gaming service, Battle.net that facilitates digital distribution of content, online social connectivity, and the creation of user-generated content. In addition, it operates esports leagues and offer digital advertising content; and provides warehousing, logistics, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company's key product franchises include Call of Duty, World of Warcraft, Diablo, Hearthstone, Overwatch, Overwatch League, and Candy Crush. 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 was founded in 1979 and is headquartered in Santa Monica, California.

CEO	Mr. Robert A. Kotick
WEBSITE	activisionblizzard.com
INDUSTRY	Electronic Gaming & Multimedia
EMPLOYEES	13000

Activision Blizzard Inc Frequently Asked Questions

What is the ticker symbol for Activision Blizzard Inc? What does ATVI stand for in stocks?

ATVI is the stock ticker symbol of Activision Blizzard Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Activision Blizzard Inc (ATVI)?

As of Tue Oct 24 2023, market cap of Activision Blizzard Inc is 1.33 Trillion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ATVI stock?

You can check ATVI's fair value in chart for subscribers.

What is the fair value of ATVI stock?

You can check ATVI's fair value in chart for subscribers. The fair value of Activision Blizzard Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Activision Blizzard Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ATVI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Activision Blizzard Inc a good stock to buy?

The fair value guage provides a quick view whether ATVI is over valued or under valued. Whether Activision Blizzard Inc is cheap or expensive depends on the assumptions which impact Activision Blizzard Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ATVI.

What is Activision Blizzard Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Oct 24 2023, ATVI's PE ratio (Price to Earnings) is 615.99 and Price to Sales (PS) ratio is 153.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ATVI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Activision Blizzard Inc's stock?

In the past 10 years, Activision Blizzard Inc has provided 0.589 (multiply by 100 for percentage) rate of return.