Activision Blizzard (ATVI) Tops Q3 EPS by 19c

Activision Blizzard (ATVI) PT Lowered to $90 at Jefferies

Jefferies analyst Andrew Uerkwitz lowered the price target on Activision Blizzard (NASDAQ: ATVI) to $90.00 (from $120.00) while maintaining a Buy rating.

The analyst commented, "ATVI reported an in-line 3Q and an expected in-line 4Q guide. What came next on the call/slide deck (not... More

Game Off: Activision Blizzard (ATVI) Stock Plummets 12% on Disappointing Outlook and Game Delays, Morgan Stanley Downgrades to Equal Weight and Says Focus on Call of Duty and Diablo Immortal

Shares of Activision Blizzard (NASDAQ: ATVI) are down over 12% in pre-open Wednesday after the company presented its Q3 results and FY21 guidance.

Activision Blizzard reported a Q3 EPS of $0.89 to easily beat the analyst estimate of $0.70. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $1.88 billion.

Im pleased to report strong third quarter results ahead of our prior outlook. We are excited about this weeks Call of Duty launch and expect continued success in the fourth quarter. I want to thank our employees for their continued... More

Activision Blizzard (ATVI) November weekly option implied volatility elevated into quarter results

Activision Blizzard (NASDAQ: ATVI) November weekly call option implied volatility is at 74, December is at 41; compared to its 52-week range of 22 to 43 into the expected release of quarter results today after the bell. Call put ratio 1.2 calls to 1 put.

Stocks expected to have increasing option volume: ATVI TMUS AMGN MRNA COP

Stocks expected to have increasing option volume: ATVI TMUS AMGN MRNA COP

Activision Blizzard (ATVI) call volume and IV increases

Activision Blizzard (NASDAQ: ATVI) November weekly call option implied volatility is at 69, December is at 41; compared to its 52-week range of 22 to 43 into the expected release of quarter results after the bell on November 2. Call put ratio 3 calls to 1 put.

UPDATE: Bernstein Upgrades Activision Blizzard (ATVI) to Market Perform

(Updated - November 1, 2021 8:46 AM EDT)

Bernstein analyst Todd Juenger upgraded Activision Blizzard (NASDAQ: ATVI) from Underperform to Market Perform, PT $82.00 (from $85.00).

The analyst comments "At ATVI, the fallout from cultural turmoil, and the associated risk to future timing and... More