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.

Video Articles

Why Copper Juniors Could Explode After This Trade War Move | Christian Easterday – Hot Chili

Silver Is Rarer Than Gold, And the Market’s Waking Up | Shawn Khunkhun – Dolly Varden Silver

Gold Will Hit North of $4,000: Who’s Actually Producing? | Shane Williams – West Red Lake

Recommended

ESGold Sees ANT Survey Reveal Vertically Continuous System To 1,200 Metres Depth

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Related News

Canaccord Raises Sundial’s Price Target To $0.40, Casts Doubt On Zenabis

After a very busy and dilutive December, where shares outstanding went from 485.5 million to...

Monday, January 4, 2021, 11:11:00 AM

Walt Disney: Analysts Anticipate $15.87 Billion In Q2 Revenue

Walt Disney (NYSE: DIS) will be reporting their fiscal second-quarter financial results today after market...

Thursday, May 13, 2021, 02:20:00 PM

Patriot One Sees Canaccord Reduce Price Target To $0.75 Following Delays

Thursday, Canaccord Genuity’s Doug Taylor lowered Patriot One’s (TSX: PAT) 12-month price target from C$1.15...

Saturday, October 17, 2020, 01:42:00 PM

AMC: Analysts Call For EPS Of -$0.19 In Q2

AMC Entertainment Holdings, Inc. (NYSE: AMC) will report its second quarter financial results on August...

Wednesday, August 3, 2022, 02:21:00 PM

Aurora Cannabis: Analysts Raise Price Targets Following Q1 Results

Yesterday, Aurora Cannabis (TSX: ACB) (NYSE: ACB) reported their first quarter 2021 results. Aurora reported...

Tuesday, November 10, 2020, 03:21:00 PM