ATVI Stock Forecast: Upcoming New Consoles Can Boost Activision’s Fortune

July 1, 2020

This ATVI stock forecast article is written by Motek Moyen Research, Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • The 2020 release of new game consoles is why KeyBanc Capital recently raised its price target for ATVI from $80 to $83. 
  • I gave Activision’s stock a price target $73 last April 26. This stock is now trading above $76. I’m therefore raising my PT to $86.
  • The ongoing pandemic is still boosting the revenue of video games. Playing video games is more rewarding and a better stress buster than watching streaming movies.
  • Activision Blizzard touts a TTM total cash & ST investments of $5.98 billion. Its total debt is only $2.675 billion. Activision can afford to buy Warner Bros. Interactive Entertainment.
  • Paying $4 billion should give ATVI 100% ownership of Warner Brothers Interactive Entertainment. AT&T will probably accept + stock for it. 

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ATVI Stock Forecast: Why You Should Buy More Shares of Activision Blizzard

April 26, 2020
motek 1This 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.

Summary:

  • Activision Blizzard’s YTD gain is already more than 12%. I’m still endorsing it as a buy.
  • Going long while ATVI trades at below $70 is highly recommended. My 1-year PT for this stock is $73.
  • The ongoing COVID-19 crisis is boosting U.S. video game sales to a decade high. This gaming bonanza is also happening in other countries.
  • The release of new mobile games will offset the declining player base of Activision’s PC games.
  • The COVID-19 crisis could also increase the monthly active users of Activision’s subsidiary, King Entertainment.

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ATVI Stock Prediction: Why Activision Blizzard Has So Much Potential In Mobile Games

October 4, 2019
motek 1This 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.

Summary:

  • The success of Call of Duty: Mobile on Android and iOS convinced me that Activision Blizzard will remain of the biggest beneficiaries of the $152 billion/year video games industry.
  • Tablet and smartphone games now account for more than 44% of the annual sales from video games. The smartphone is now the key growth driver for video games.
  • Activision Blizzard will launch the Switch version of its hit PC game Overwatch on October 15. I expect Overwatch to also launch on Android/iOS by next year.
  • A stronger focus on the mobile platform can significantly boost Activision’s annual revenue and net income.

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ATVI Stock Forecast: Activision Blizzard Is Still A Dependable Bet On Video Games

February 27, 2019

motek 1The 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.

Summary:

  • Activision Blizzard’s 1-year price return is –41.78%. This is an opportunity to own the stock at a notably lower price.
  • Going forward, the growing $150 billion/year video games industry will ultimately help ATVI recover.
  • Management ignored my previous recommendation that it should create a heroes-based Battle Royale game based on Overwatch.
  • The only thing that’s keeping me long on ATVI is its King Digital subsidiary. King’s Candy Crush is still among the world’s top-grossing video games.

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Is Activision Stock A Good Buy (NASDAQ: ATVI): King Digital Is Activision’s Most Profitable Segment

May 7, 2018

motek 1The 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. 

Activision Blizzard Inc Stock Forecast

Summary:

  • Due to Activision and Blizzard’s zero adoption of Battle Royale games, King Digital emerged as the most durable and profitable segment.
  • Unlike Destiny 2, Call of Duty, and Overwatch, Candy Crush Saga’s paying players are not vulnerable to the strong pull of Battle Royale games.
  • I expect King Digital to remain as Activision Blizzard’s most promising subsidiary. There are tens of thousands of copycat games but Candy Crush Saga remains very profitable.
  • I Know First has negative market trend scores for ATVI but I’m still endorsing this stock as a buy.

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