Expectations Are High For Activision Blizzard, Inc.'s Earnings Report
Activision Blizzard, Inc. (NASDAQ: ATVI) has been on a roll financially for nearly two years, driven largely by hit games and growth in the digital gaming market. The company has made a very successful transition from a business dominated by console games to one driven by recurring revenue from in-game purchases and expansion packs as well as mobile games.
As Activision Blizzard has improved performance, its stock has risen and expectations for the future have gotten higher. And it keeps crushing expectations, even its own. Here's what to look for to see if the stock's momentum will continue.
The Hearthstone Knights of the Frozen Throne. Image source: Activision Blizzard.
Source: Fool.com
Activision Blizzard Inc. Stock
€89.70
0.670%
Our community is currently high on Activision Blizzard Inc. with 3 Buy predictions and 0 Sell predictions.
However, we have a potential of -0.78% for Activision Blizzard Inc. as the target price of 89 € is below the current price of 89.7 €.
