Is Activision Blizzard a good stock to buy?

Based on analyst ratings, Activision Blizzard's 12-month average price target is $92.33. Activision Blizzard has 8.34% upside potential, based on the analysts' average price target.

Is Activision Blizzard a good stock buy now?

Activision Blizzard Stock Forecast FAQ. Is Activision Blizzard Stock a good buy in 2023, according to Wall Street analysts? The consensus among 14 Wall Street analysts covering (NASDAQ: ATVI) stock is to Strong Buy ATVI stock.

Is Activision Blizzard a good long term investment?

Activision Blizzard stock forecast for 2023 and beyond

Out of the 17 analysts covering the stock, nine rated it as a "buy', while the remaining eight rated it a "hold." The consensus Activision Blizzard stock forecast for 2023 was $94.28, ranging from the low price target of $83 to a high of $100.

What is the potential of Activision Blizzard stock?

Stock Price Forecast

The 21 analysts offering 12-month price forecasts for Activision Blizzard Inc have a median target of 95.00, with a high estimate of 95.00 and a low estimate of 80.00. The median estimate represents a +23.64% increase from the last price of 76.83.

Will Activision Blizzard go up?

We forecast the company's bookings to be around $9.5 billion in 2023, reflecting a 12% y-o-y growth. Its operating margin contracted over 650 bps in 2022 amid higher costs, but it will likely see a rebound next year.

Should You Buy ACTIVISION BLIZZARD Stock Before The Acquisition? - (32% Upside?!)

Is Activision a long term stock?

According to Wallet Investor, ATVI stock is currently “an acceptable long-term (one year) investment”, according to the algorithmic forecasts of. However, the site's Activision Blizzard stock 5 year forecast predicted the price could reach $102.61 by November 2027.

What happens to Activision Blizzard stock holders?

Following closing, all Activision Blizzard employee shareholders will be treated the same as other shareholders and receive $95.00 for each share of Activision Blizzard stock that they own.

Does Warren Buffett own Activision Blizzard?

Warren Buffett Activision Blizzard Inc

Warren Buffett acquired 60.1 Million Activision Blizzard shares worth $4.7 Billion. That's 1.48% of their equity portfolio (10th largest holding). The investor owns 7.55% of the outstanding Activision Blizzard stock.

What happens if Microsoft buys Activision?

Activision Blizzard own the Call of Duty franchise, one of the biggest in gaming history. If Microsoft's acquisition deal closes, they will own the Call of Duty series, and be able to do whatever they want with it on their Xbox systems going forward. Microsoft could have bought other companies, but it already did.

Why did Activision stock drop so much?

Activision Blizzard shares fell on Wednesday after the U.K.'s antitrust regulator poured cold water on Microsoft's $69 billion deal for Activision Blizzard , a move that reflects greater skepticism that the technology company will be able to close the merger.

Will Activision be delisted?

However, as of now the deal is still going ahead and once complete ATVI will be delisted from the Nasdaq (US100). It means that those who have shares in Activision Blizzard will no longer own stock in the surviving business, as it will be owned by Microsoft.

Is Activision Blizzard a buy sell or hold?

Activision Blizzard's analyst rating consensus is a Strong Buy. This is based on the ratings of 13 Wall Streets Analysts.

Is Microsoft trying to buy Activision Blizzard?

Announcement. On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion in an all-cash deal, or approximately $95 per share. Activision Blizzard's stock price jumped nearly 40% that day in pre-market trading.

Is Microsoft actually buying Activision Blizzard?

Microsoft made it clear on Tuesday that there will be no $69-billion deal to buy Activision Blizzard unless it comes with the blockbuster title “Call of Duty.”

What is the highest Blizzard stock?

The all-time high Activision Blizzard stock closing price was 102.70 on February 12, 2021. The Activision Blizzard 52-week high stock price is 85.72, which is 1.6% above the current share price.

Is Activision Blizzard a dividend stock?

Historical dividend payout and yield for Activision Blizzard (ATVI) since 2012. The current TTM dividend payout for Activision Blizzard (ATVI) as of March 17, 2023 is $0.47. The current dividend yield for Activision Blizzard as of March 17, 2023 is 0.59%.

How often does Activision Blizzard pay dividends?

When does Activision Blizzard pay dividends? Activision Blizzard pays a dividend 1 times a year.

Is Activision Blizzard deal going to close?

Although, it did retract its earlier statement calling the FTC's lawsuit “unconstitutional”. An acquisition of this magnitude was always going to be time-consuming, but Activision CEO Bobby Kotick said that he was confident that the deal will close by June 2023.

Why should Microsoft buy Activision?

Activision helps Microsoft broaden its influence over players who like shooter games like Call of Duty, those who participate in competitive video gaming leagues devoted to games like Overwatch and Hearthstone, and the massive audience of mobile gamers, particularly in Asia.

Why is Microsoft buying Activision a big deal?

Buying Activision will give Microsoft ownership of many of the world's biggest games: not just Call of Duty, but others, including mobile behemoths like Candy Crush. All of those will be part of Microsoft and can be used to boost the offering of the Xbox.

Why would Activision sell to Microsoft?

Microsoft says it needs the deal to boost the Xbox

Microsoft says buying Activision would let it put more big titles on Game Pass - its Netflix-style subscription - and make more games for mobile phones, where there are big profits to be made.

Who owns most of Blizzard?

The top shareholders of Activision Blizzard are Robert A. Kotick, Daniel Alegre, Dennis Durkin, Vanguard Group Inc., FMR LLC, and BlackRock Inc. (BLK).

Why did Buffett invest in Activision?

Topline. Billionaire Warren Buffett disclosed Saturday that Berkshire Hathaway now owns about 9.5% of Activision Blizzard, with the Oracle of Omaha seeking to profit on the gap between the embattled video-game company's stock price and Microsoft's bid to acquire it.