Digital Drives Activision Blizzard (ATVI) Beat, PT to $42 - Baird

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Activision Blizzard (ATVI) Price Target Raised to $41 at Pacific Crest

May 6, 2016 9:23 AM EDT

Pacific Crest maintained an Overweight rating on Activision Blizzard (NASDAQ: ATVI) and raised its price target to $41.00 (from $36.00). The change follows solid Q1 results.

"In a solid Q1 beat on a quiet quarter, the addition of King drove the y/y growth. The... More

Activision Blizzard (ATVI) PT Rasied to $42 at UBS

May 6, 2016 7:44 AM EDT

UBS analyst Eric Sheridan reiterated a Buy rating and bumped his price target on Activision Blizzard (NASDAQ: ATVI) to $42.00 (from $36.00) following solid Q1 results.

Sheridan commented, "In its Q1 results, ATVI exceeded expectations across the board, highlighting the strength of engagement & monetization across its portfolio and demonstrating a... More

Mizuho Securities Reiterates Buy on Activision Blizzard (ATVI) Following Strong 1Q Beat

May 6, 2016 7:23 AM EDT

Mizuho Securities reiterated a Buy rating on Activision Blizzard (NASDAQ: ATVI), and raised the price target to $42.00 (from $35.00), following the company's 1Q earnings report. ATVI reported revenue of $908m, surpassing Street expectations by 12%, or $95m. 1Q non-GAAP EPS of $0.23 was significantly higher than the... More

Activision Blizzard (ATVI) Gets Ready for Overwatch - Jefferies

May 6, 2016 6:31 AM EDT

Jefferies analyst, Brian Pitz, is positive on Activision Blizzard (NASDAQ: ATVI) after the company posted a solid beat in a relatively slow quarter that did not feature any AAA game launches. Non-GAAP revenue grew +29% Y/Y to $908MM, well above $800MM outlook and $813MM... More

Activision Blizzard (ATVI) Tops Q1 EPS by 11c, Updates Guidance

May 5, 2016 4:16 PM EDT

Activision Blizzard (NASDAQ: ATVI) reported Q1 EPS of $0.23, $0.11 better than the analyst estimate of $0.12. Revenue for the quarter came in at $908 million versus the consensus estimate of $812.12 million.

GUIDANCE:

Activision Blizzard sees Q2 2016 EPS of $0.38, versus the consensus of $0.34. Activision... More