ACTIVISION BLIZZARD INC (ATVI) Forecast, Price Target & Analyst Ratings
NASDAQ:ATVI • US00507V1098
94.42 USD
-0.05 (-0.05%)
At close: Oct 12, 2023
94.54 USD
+0.12 (+0.13%)
After Hours: 10/12/2023, 8:26:42 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ACTIVISION BLIZZARD INC (ATVI).
Forecast Snapshot
Consensus Price Target
$96.68
+ 2.40% Upside
Next Earnings Forecast
Release DateNov 6, 2023
PeriodQ3 / 2023
EPS Estimate$0.92
Revenue Estimate2.115B
ChartMill Buy Consensus
68.46%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$96.68
Upside
+ 2.40%
From current price of $94.42 to mean target of $96.68, Based on 26 analyst forecasts
Low
$90.90
Median
$96.90
High
$100.80
Price Target Revisions
1 Month
-0.03%
3 Months
4.22%
Price Target Summary
26 Wall Street analysts provided a forecast for the next 12 months for ATVI. The average price target is 96.68 USD. This implies a price increase of 2.4% is expected in the next year compared to the current price of 94.42.
The average price target has been revised upward by 4.22% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
68.46%
ATVI was analyzed by 26 analysts. The buy percentage consensus is at 68. So analysts seem to be have mildly positive about ATVI.
In the previous month the buy percentage consensus was at a similar level.
ATVI was analyzed by 26 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-09-22 | Wedbush | Reiterate | Outperform -> Outperform |
| 2023-07-21 | Roth MKM | Downgrade | Buy -> Neutral |
| 2023-07-20 | Edward Jones | Downgrade | Buy -> Hold |
| 2023-07-20 | UBS | Downgrade | Buy -> Neutral |
| 2023-07-20 | Wedbush | Maintains | Outperform -> Outperform |
| 2023-07-20 | Citigroup | Downgrade | Buy -> Hold |
| 2023-07-20 | Jefferies | Downgrade | Buy -> Hold |
| 2023-07-18 | Atlantic Equities | Downgrade | Overweight -> Neutral |
| 2023-07-18 | Wells Fargo | Downgrade | Overweight -> Equal-Weight |
| 2023-07-18 | Baird | Downgrade | Outperform -> Neutral |
| 2023-07-13 | Exane BNP Paribas | Downgrade | Outperform -> Neutral |
| 2023-07-13 | Barclays | Downgrade | Overweight -> Equal-Weight |
| 2023-07-13 | Truist Securities | Downgrade | Buy -> Hold |
| 2023-07-12 | MoffettNathanson | Downgrade | Outperform -> Market Perform |
| 2023-07-12 | Deutsche Bank | Maintains | Buy -> Buy |
| 2023-07-12 | Benchmark | Downgrade | Buy -> Hold |
| 2023-07-12 | Stifel | Downgrade | Buy -> Hold |
| 2023-07-12 | Raymond James | Downgrade | Outperform -> Market Perform |
| 2023-06-07 | Benchmark | Reiterate | Buy -> Buy |
| 2023-06-02 | Truist Securities | Reiterate | Buy |
| 2023-05-22 | Benchmark | Reiterate | Buy -> Buy |
| 2023-05-02 | Stifel | Maintains | Buy |
| 2023-04-28 | Exane BNP Paribas | Upgrade | Neutral -> Outperform |
| 2023-04-27 | BMO Capital | Maintains | Outperform |
| 2023-04-27 | Wedbush | Reiterate | Outperform |
Next Earnings Forecast Details
Next Earnings Details
Release DateNov 6, 2023
PeriodQ3 / 2023
EPS Estimate$0.92
Revenue Estimate2.115B
Revenue Q2Q18.69%
EPS Q2Q34.96%
Number of Analysts14
Next Earnings Revisions
Revenue (1 Month)
99,900.00%
Revenue (3 Months)
-2.26%
EPS (1 Month)
2.28%
EPS (3 Months)
-0.37%
Next Earnings Summary
ATVI is expected to report earnings on 11/6/2023. The consensus EPS estimate for the next earnings is 0.92 USD and the consensus revenue estimate is 2.12B USD.
The next earnings revenue estimate has been revised downward by 2.26% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 8.086B 24.61% | 8.803B 8.87% | 7.528B -14.48% | 9.881B 31.26% | 10.027B 1.48% | 10.383B 3.55% | 11.739B 13.06% | 11.665B -0.63% | 14.333B 22.87% | |
| EBITDA YoY % growth | 3.274B 42.84% | 3.776B 15.33% | 1.986B -47.40% | 3.78B 90.33% | 4.098B 8.41% | 4.347B 6.08% | 4.818B 10.84% | 5.332B 10.67% | 7.008B 31.43% | |
| EBIT YoY % growth | 2.828B 62.62% | 3.336B 17.96% | 1.667B -50.03% | 3.613B 116.74% | 3.96B 9.60% | 4.225B 6.69% | 4.917B 16.38% | 5.177B 5.29% | 6.899B 33.26% | |
| Operating Margin | 34.97% | 37.90% | 22.14% | 36.57% | 39.49% | 40.69% | 41.89% | 44.38% | 48.13% | |
| EPS YoY % growth | 3.47 54.91% | 3.72 7.20% | 3.40 -8.60% | 4.31 26.69% | 4.51 4.62% | 4.83 7.17% | 4.85 0.32% | 5.21 7.47% | 6.78 30.26% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 23 | Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.92 34.96% | 1.74 -6.81% | 0.73 21.55% | 0.88 -18.76% | 0.94 2.26% | 1.91 9.55% | 0.78 6.29% | 1.01 15.09% | 1.07 14.13% | 1.85 -3.29% |
| Revenue Q2Q % growth | 2.115B 18.69% | 3.368B 44.30% | 2.031B -14.77% | 2.154B -2.40% | 2.145B 1.42% | 3.577B 6.21% | 2.083B 2.56% | 2.346B 8.91% | 2.346B 9.37% | 3.854B 7.74% |
| EBITDA Q2Q % growth | 822.61M 16.52% | 1.642B 139.01% | 752.47M -18.48% | 966.63M 16.04% | 906.89M 10.25% | 1.885B 14.80% | 735.58M -2.24% | 954.73M -1.23% | 1.023B 12.80% | 1.753B -7.00% |
| EBIT Q2Q % growth | 757.34M 55.51% | 1.548B 320.65% | 604.8M -24.40% | 770.24M 32.12% | 820.74M 8.37% | 1.703B 10.01% | 716.9M 18.54% | 933.54M 21.20% | 992.04M 20.87% | 1.72B 1.00% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
12.41%
EPS Next 5 Year
8.90%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
7.86%
Revenue Next 5 Year
7.11%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
13.63%
EBIT Next 5 Year
12.47%
ACTIVISION BLIZZARD INC / ATVI Forecast FAQ
What do analysts expect the price target to be for ACTIVISION BLIZZARD INC (ATVI)?
26 analysts have analysed ATVI and the average price target is 96.68 USD. This implies a price increase of 2.4% is expected in the next year compared to the current price of 94.42.
When does ACTIVISION BLIZZARD INC (ATVI) report earnings?
ACTIVISION BLIZZARD INC (ATVI) will report earnings on 2023-11-06, after the market close.
Can you provide the consensus estimates for ACTIVISION BLIZZARD INC next earnings?
The consensus EPS estimate for the next earnings of ACTIVISION BLIZZARD INC (ATVI) is 0.92 USD and the consensus revenue estimate is 2.12B USD.
What is the consensus rating for ACTIVISION BLIZZARD INC (ATVI) stock?
The consensus rating for ACTIVISION BLIZZARD INC (ATVI) is 68.4615 / 100 . This indicates that analysts generally have a neutral outlook on the stock.