If you had invested $1,000 in Activision stock in 1993, it would worth $50,619.00 today. Is Activision Stock a Good Buy? Recommending Activision Blizzard... Too late to catch yesterday's rebounding stock price, analysts at Gabelli nonetheless announced this morning that they're initiating coverage of Activision Blizzard with a buy rating and a $62 price target, implying more than 29% potential upside to the shares. Let's look at Activision's earnings first. That means that if the valuation checks out, this could be a "buy the dip" candidate. Overall, despite weakness in ATVI stock, the growth narrative at Activision remains surprisingly robust. You have a stock trading at 27X forward earnings. Since then, ATVI stock surged a 5,061.90%, with an average of 194.70% per year. (Graphic: Business Wire) Activision IPO was on October 25th, 1993 at $1.13 per share 1. On January 21, Hearthstone Players Will Take Flight In Galakrond's Awakening, The Highly-anticipated Solo Adventure That Brings The Year Of The Dragon To A Close. The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First. Is Activision Stock A Good Buy? Activision will benefit from the launch of three of the most anticipated titles before the holiday shopping season This further supports the thesis that dip in Activision stock are buying opportunities. ATVI Earnings. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. ATVI President Collister Johnson said subscriber numbers starting ticking up in May after the company said it planned to re-release the classic version of 'World of Warcraft' in August. Activision Blizzard was recommended as a Top Pick by David Burrows on 2020-01-16. 3 Inflation-Proof Stocks to Buy as Interest Rates Rise; Compare Brokers. That's not a sign of a leading stock. Activision Blizzard To Release Fourth Quarter 2019 Financial Results On February 6, 2020. The valuation on ATVI stock is ostensibly rich. What's Happening With Activision Blizzard, Inc. Stock Today? This site uses Akismet to reduce spam. Learn how your comment data is processed. Shares of Activision Blizzard Inc. are up 3.1% in Thursday trading after Instinet analyst Andrew Marok upgraded the stock to buy from neutral. Summary: Due to Activision and Blizzard’s zero adoption of Battle Royale games, King Digital emerged as the most durable and profitable segment. Is Activision Stock a Good Buy? The action happened after the video game publisher late Thursday delivered better-than-expected third-quarter results, but missed views with its fourth-quarter outlook. To answer that question, investors have to know their time frame. So is Activision stock a good buy now that it's going to start quantifying the benefit of its role in the eSports movement? Maybe ATVI stock will … So let's see if Activision Blizzard stock might be worth buying ahead of the release of its Q2 financial results Thursday. Activision Stock Is Reasonably Valued. Investors who have been long Activision stock are surely frustrated with its performance, while other investors may be wondering if now is the time to buy Activision stock. Over the past six months, ATVI shares showcased 24.36% increase. Until that happens though, it’s possible Activision stock continues to consolidate its large gains from 2017. Many are left wondering, is Activision stock a good buy? Is Activision Blizzard a good investment or a top pick? The post Activision Stock Is a Good Bet As It Closes In On $70 appeared first on InvestorPlace. ATVI stock chart (weekly) Activision stock price history. PRESS RELEASES. Activision Blizzard, Inc. [ATVI] stock additionally went down by -0.12% in the period of the 7 days, recording a drop in performance by -0.71% in the last 30 days. By Business Wire. For that matter, are any of the video game stocks a good buy?