NOTE: This page uses real-time stock quotes. Load times may be slower than usual. Information about specific companies is not intended to be a complete description, nor of their securities, nor is this study an offer to buy or sell such securities. DFC does not underwrite or own the securities of the companies the analysts cover. Investors should not rely solely on an analyst’s recommendation when deciding whether to buy, hold, or sell a stock and should consult a stock professional for their investment guidance.
Activision Blizzard Removes Games from GeForce Now
Last week Activision Blizzard (Nasdaq: ATVI) released its annual results for 2019. Revenue was down over 2018, but the stock had a nice increase. This week ATVI announced it would remove its games from the newly launched GeForce Now streaming service. So, what is up with Activision?
In 2019, Activision revenue was $6.5 billion versus $7.0 billion for 2018. Net income in 2019 was $1.5 billion versus $1.8 billion the previous year. However, the week after the results…..
Activision Blizzard Sees Success with World of Warcraft Classic Sales
Large video game publishers have significant value in their historic franchises. Unfortunately, they have often struggled to take full advantage of those evergreen classics. Activision Blizzard was no exception. However, the recent release of World of Warcraft Classic shows that they may be coming around.
World of Warcraft Classic released on August 26th. The main attraction of this product is that it is a version of the game from when it first launched 15 years ago …..
Losing Bungie Raises Big Concerns about the Destiny of Activision
In the past few months, a big topic for DFC Intelligence analysts has been investor concern over the fate of big game publishers Electronic Arts and Activision Blizzard. This issue really came to a head with the announcement that Bungie, developer of the Destiny franchise, was making a break from its publisher Activision. What exactly does this announcement say about the future of a company like Activision Blizzard? To be cute, in other words, what is the destiny of Activision?
D…..
Click arrow to get full stock quote
