Activision Blizzard Announces Second-Quarter 2021 Financial Results

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Activision Blizzard (ATVI) PT Lowered to $105 at Oppenheimer

August 4, 2021 6:37 AM EDT

Oppenheimer analyst Andrew Uerkwitz lowered the price target on Activision Blizzard (NASDAQ: ATVI) to $105.00 (from $110.00) while maintaining an Outperform rating.

The analyst commented, "Working from home, unhappy employees, and leadership changes should all have a negative impact on productivity for game developers. We were... More

UPDATE: Activision Blizzard (ATVI) Tops Q2 EPS by 46c

August 3, 2021 4:07 PM EDT

(Updated - August 3, 2021 5:32 PM EDT)

Activision Blizzard (NASDAQ: ATVI) reported Q2 non-GAAP EPS of $1.20, $0.46 better than the analyst estimate of $0.76. Net bookings for the quarter came in at $1.921 billion versus the consensus estimate of $1.888 billion.

With respect to our financial performance,... More