Top Video Game Stocks To Watch After Activision Blizzard Beat Estimates

Wednesday, 5 May 2021, 23:30:00
There’s plenty of growth ahead when it comes to these video game stocks.
— Entrepreneur

Activision Blizzard Has Yellow Brick Road With Key Franchises Launching As Mobile Games

Wednesday, 5 May 2021, 20:15:20
Analysts react to the first-quarter earnings from Activision Blizzard (NASDAQ: ATVI ) on Tuesday night. The Activision Blizzard Analysts: Raymond James analyst Andrew Marok reiterates an Outperform rating and $120 price target. KeyBanc analyst Tyler Parker reiterates an Overweight rating and price target of $120. Needham analyst Laura Martin reiterates a Buy rating and $102 price target. Morgan Stanley analyst Brian Nowak reiterates an Overweight rating and raises the price target from $115 to $120. Strength of Call of Duty: The highlight for many of the analysts from the first quarter was the strength of the company’s “Call of Duty” brand. “Call of Duty continues to significantly expand its audience, with the segment hitting 150M MAUs in 1Q21,” Marok wrote in a note. Strong seasons for “Call of Duty Warzone” and the launch of “Call of Duty Mobile” in China were highlights. “Call of Duty Mobile” passed $1 billion in gross revenue worldwide in the first quarter. “Call of Duty's” monthly active users have tripled to 150 million over the past two years and hit a record in the first quarter, Martin highlighted.
— Benzinga

Why Activision's Stock Is Trading Higher Today

Wednesday, 5 May 2021, 16:33:43
Activision Blizzard (NASDAQ: ATVI ) shares … Full story available on Benzinga.com
— Benzinga

‘Call Of Duty', ‘Candy Crush' Help Activision Blizzard Hit Record Numbers In Q1

Tuesday, 4 May 2021, 23:35:40
Activision Blizzard Inc (NASDAQ: ATVI ) reported revenue of $2.28 billion in the first quarter, coming in higher than last year’s $1.79 billion and also beating the company’s guidance of $2.02 billion. The company reported non-GAAP eps of 98 cents in the quarter. Digital revenue was $2.01 billion. Net bookings hit $2.07 billion in the first quarter, including $1.34 billion of in-game net bookings. The company’s Activision segment saw revenue up 72% year-over-year led by the strength of the “Call of Duty” franchise. Activision had monthly active users of 150 million in the first quarter, with “Call of Duty” MAUs up 40% year-over-year. In-game bookings … Full story available on Benzinga.com
— Benzinga

Activision Blizzard Tops Estimates, Hikes Outlook on Call of Duty – TheStreet

Tuesday, 4 May 2021, 23:10:47
Video game maker's results boosted by in-game sales as coronavirus closures lead to surge in gaming.
— The Street