Activision Blizzard Consensus First Quarter Estimates

Activision Blizzard (NASDAQ: ATVI) will be reporting its first-quarter financial results on May 4th after market close. Analysts have a consensus $113.29 12-month price target on the company, via a total of 34 analysts, with eight analysts having strong buy ratings. 21 analysts meanwhile have buy ratings and, four analysts have hold ratings and one analyst has a strong sell rating. The street high comes from Mirae Asset Daewoo with a $126 price target, and the lowest target sits at $82.

25 analysts have revenue estimates for the first quarter. The mean revenue estimate between all 25 analysts is $1.78 billion; this number has been revised upwards from $1.67 billion at the start of the year. The highest revenue estimate is $2.1 billion, while the lowest is $1.56 billion.

The analyst consensus for net income for the first quarter is $540 million, this is up from the start of the year which was $518.5 million. The highest net income estimate is $624 million, while the lowest is $464 million

Onto EBITDA estimates, there are currently only 10 analysts who have first-quarter EBITDA estimates. The mean is currently $712.43 million, with this number having been revised up from $670 million at the start of the year. The street high estimate currently sits at $860 million in EBITDA and the lowest is $608 million.

Analysts estimate that quarterly earnings per share will come in at $0.70, with this number being slightly revised up from $0.64 at the start of the year. Street high is $0.83 and the lowest estimate is $0.59 per share for the quarter.

Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply