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ATVI

75.76USD+0.57(+0.76%)Delayed

Activision Blizzard Inc

Market Summary

USD75.76+0.57Delayed
0.76%

ATVI Alerts

ATVI Stock Price

RSI Chart

Valuation

Market Cap

57.0B

Price/Earnings

30.35

Price/Sales

7.45

Price/Cashflow

28.19

MarketCap/EBT

26.11

Price/Sales

Profitability

Operating Margin

76.21%

EBT Margin

28.55%

Return on Equity

10.29%

Return on Assets

7.51%

Fundamentals

Revenue

Revenue (TTM)

7.4B

Revenue Y/Y

-13.91%

Revenue Q/Q

8.39%

Earnings

Earnings (TTM)

1.7B

Earnings Y/Y

-31.92%

Earnings Q/Q

55.36%

Price Action

52 Week Range

56.0786.39
(Low)(High)

Last 7 days

3.1%

Last 30 days

4.3%

Last 90 days

-2.3%

Trailing 12 Months

33.0%

Financial Health

Current Ratio

6.18

Debt/Equity

0.2

Debt/Cashflow

0.56

Investor Care

Dividend Yield

2.56%

Dividend/Share (TTM)

1.88

Shares Dilution (1Y)

0.48%

Diluted EPS (TTM)

2.13

Peers (Alternatives to Activision Blizzard)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
131.6B
31.5B
17.37% -48.03%
26.09
4.18
9.92% -0.14%
57.0B
7.4B
4.27% 33.03%
30.35
7.45
-18.73% -36.66%
35.7B
7.3B
2.81% 8.34%
39.8
4.95
13.90% 14.78%
20.7B
4.3B
-4.22% -32.61%
127.8
5.45
28.39% -118.72%
MID-CAP
9.3B
2.8B
-8.50% -21.80%
-88.01
3.31
24.88% 69.67%
5.8B
1.3B
3.82% 64.26%
26.64
4.76
24.76% 67.36%
3.7B
-
8.67% -1.66%
72.12
4.49
97.57% 2660.04%
3.0B
1.4B
-10.69% -20.85%
-96.24
2.44
77.48% 96.34%
SMALL-CAP
1.6B
1.8B
6.78% -26.89%
-8.25
0.93
131.06% 36.77%
1.3B
2.5B
31.27% -12.57%
-5.93
0.56
167.67% 75.12%
339.2M
643.3M
15.77% 3.04%
18.64
0.55
7.43% -20.47%
94.3M
58.5M
-11.75% -65.73%
-10.6
1.73
35.06% 76.41%
29.1M
39.9M
-15.00% -68.90%
-10.68
0.74
24.93% 11.42%

Financials for Activision Blizzard

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-3.8%7,3577,6458,2978,8039,053
  S&GA Expenses4.1%1,1001,0571,0391,0251,068
  R&D Expenses-4.0%1,2551,3071,3311,3371,365
Earnings Before Taxes-11.9%1,9242,1832,8643,1643,089
Net Income-10.9%1,6741,8782,4742,6992,643
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.5%25,62024,99425,01225,05623,977
  Current Assets4.8%13,11012,50712,48612,55611,211
    Cash Equivalents-25.9%7,76910,48310,96710,4239,718
  Net PPE-2.3%171175174169171
  Goodwill0.0%9,9289,9319,7999,7999,765
Liabilities1.0%6,8126,7467,1817,4577,027
  Current Liabilities12.5%2,2782,0242,2912,4112,016
  Long Term Debt0.0%3,6103,6093,6083,6083,607
    LT Debt, Non Current0.0%3,6103,6093,6083,6083,607
Shareholder's Equity3.1%18,80818,24817,83117,59916,950
  Retained Earnings3.5%12,76812,33312,05312,02511,460
  Additional Paid-In Capital1.2%12,06911,92711,71511,640-
Shares Outstanding0.3%782780778--
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-13.1%1,7582,0222,2122,4142,893
  Share Based Compensation7.2%550513455508339
Cashflow From Investing-2183.3%-3,151.00-138.0034-59.00-101.00
Cashflow From Financing10.8%-461.00-517.00-523.00-521.00-475.00
  Dividend Payments-100.0%03650
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on ATVI?

44.6%


Probability that Activision Blizzard stock will be more than 20% underwater in next one year

35.8%


Probability that Activision Blizzard stock will be more than 30% underwater in next one year.

28.5%


Probability that Activision Blizzard stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ATVI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Activision Blizzard was unfortunately bought at previous high price.

Returns

Cumulative Returns on ATVI

21.9%


10-Year Cumulative Returns

10.7%


7-Year Cumulative Returns

4.7%


5-Year Cumulative Returns

12.2%


3-Year Cumulative Returns

What are the long-term rolling returns for ATVI?

FIve years rolling returns for Activision Blizzard.

Which funds bought or sold ATVI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Invst, LLC
ADDED
1.56
-32,000
398,000
0.07%
2022-11-23
Toroso Investments, LLC
ADDED
5.41
33,000
5,106,000
0.21%
2022-11-23
Eagle Bay Advisors LLC
ADDED
37.38
22,381
93,000
0.06%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
5,333,000
5,333,000
0.06%
2022-11-22
CVA Family Office, LLC
REDUCED
-4.29
-5,000
50,000
0.01%
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-25.78
-144,000
350,000
0.01%
2022-11-22
Coombe, Bender & Co LLC
ADDED
3.1
-43,000
2,695,000
2.39%
2022-11-22
IHT Wealth Management, LLC
ADDED
44.77
90,000
328,000
0.03%
2022-11-22
Mint Tower Capital Management B.V.
REDUCED
-11.2
-591,000
3,287,000
0.26%
2022-11-21
FourThought Financial, LLC
REDUCED
-13.94
-130,000
602,000
0.09%

1–10 of 43

Latest Funds Activity

Are funds buying ATVI calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own ATVI

Activision Blizzard News

Investing.com

Activision Blizzard game testers vote to form union By Reuters.22 hours ago

ATVI Fair Value

Activision Blizzard fair value in different scenarios

The table shows the Fair Value estimates for Activision Blizzard for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

33.12

-56.28%

51.62

-31.86%

65.97

-12.92%

86.38

14.02%

106.49

40.56%

Current Inflation

30.93

-59.17%

46.82

-38.20%

58.54

-22.73%

75.81

0.07%

92.58

22.20%

Very High Inflation

28.22

-62.75%

41.08

-45.78%

49.89

-34.15%

63.61

-16.04%

76.68

1.21%

Historical Activision Blizzard Fair Value Estimates


Recent SEC filings of Activision Blizzard

View All Filings
Date Filed Form Type Document
Nov 18, 2022
8-K
Current Report
Nov 17, 2022
8-K
Current Report
Nov 15, 2022
4
Insider Trading
Nov 07, 2022
8-K
Current Report
Nov 07, 2022
10-Q
Quarterly Report
Oct 06, 2022
8-K
Current Report
Sep 19, 2022
4
Insider Trading
Sep 12, 2022
4
Insider Trading
Sep 01, 2022
S-3ASR
S-3ASR

Latest Insider Trading transactions for ATVI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-14
YANG JESSE
ACQUIRED
-
-
3,110
Chief Accounting Officer
2022-09-15
YANG JESSE
SOLD (Taxes)
-3,764.67
76.83
-49
Chief Accounting Officer
2022-09-09
Alegre Daniel
SOLD
-781,617
78.1617
-10,000
President and COO
2022-08-08
Alegre Daniel
SOLD
-567,000
81
-7,000
President and COO
2022-08-03
ZERZA ARMIN
SOLD
-816,170
80.2212
-10,174
Chief Financial Officer
2022-06-29
DIXTON GRANT MICHAEL
SOLD (Taxes)
-200,747
77.96
-2,575
Chief Legal Officer
2022-06-24
NOLAN PETER J
ACQUIRED
-
-
3,208
-
2022-06-24
MORGADO ROBERT J
ACQUIRED
-
-
3,208
-
2022-06-24
Carr Kerry
ACQUIRED
-
-
3,208
-
2022-06-24
KELLY BRIAN G
ACQUIRED
-
-
3,208
-

1–10 of 50

Robert A. Kotick
9800
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 is headquartered in Santa Monica, California.

ATVI Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net revenues    
Total net revenues$ 1,782$ 2,070$ 5,194$ 6,640
Cost of Revenue-product sales and in-game, subscription, and other:    
Product development2773299351,016
Sales and marketing287244801727
General and administrative229143693614
Restructuring and related costs23(3)46
Total costs and expenses1,2971,2463,8924,062
Operating income4858241,3022,578
Interest and other (income) expense, net(15)651652
Income before income tax expense5007591,2862,526
Income tax expense65120176391
Net income$ 435$ 639$ 1,110$ 2,135
Earnings per common share    
Basic (in dollars per share)$ 0.56$ 0.82$ 1.42$ 2.75
Diluted (in dollars per share)$ 0.55$ 0.82$ 1.41$ 2.72
Weighted-average number of shares outstanding    
Basic (in shares)782778781777
Diluted (in shares)789783788784
Product sales    
Net revenues    
Total net revenues$ 231$ 423$ 921$ 1,666
Product costs    
Cost of Revenue-product sales and in-game, subscription, and other:    
Cost of revenues107120279375
Software royalties and amortization    
Cost of Revenue-product sales and in-game, subscription, and other:    
Cost of revenues972153272
In-game, subscription, and other revenues    
Net revenues    
Total net revenues1,5511,6474,2734,974
Game operations and distribution costs    
Cost of Revenue-product sales and in-game, subscription, and other:    
Cost of revenues343307948925
Software royalties and amortization    
Cost of Revenue-product sales and in-game, subscription, and other:    
Cost of revenues$ 43$ 28$ 86$ 87

ATVI Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 7,743$ 10,423
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Current2,9450
Accounts receivable, net658972
Software development1,011449
Other current assets753712
Total current assets13,11012,556
Software development156211
Property and equipment, net171169
Deferred income taxes, net1,2661,377
Other assets541497
Intangible assets, net448447
Goodwill9,9289,799
Total assets25,62025,056
Current liabilities:  
Accounts payable229285
Deferred revenues9791,118
Accrued expenses and other liabilities1,0701,008
Total current liabilities2,2782,411
Long-term debt, net3,6103,608
Deferred income taxes, net98506
Other liabilities826932
Total liabilities6,8127,457
Commitments and contingencies
Shareholders’ equity:  
Common stock, $0.000001 par value, 2,400,000,000 shares authorized, 1,211,236,117 and 1,207,729,623 shares issued at September 30, 2022 and December 31, 2021, respectively00
Additional paid-in capital12,19211,715
Less: Treasury stock, at cost, 428,676,471 shares at September 30, 2022 and December 31, 2021(5,563)(5,563)
Retained earnings12,76812,025
Accumulated other comprehensive loss(589)(578)
Total shareholders’ equity18,80817,599
Total liabilities and shareholders’ equity$ 25,620$ 25,056