Activision Blizzard Inc. Earnings Point to More Record Growth Ahead
Activision Blizzard (NASDAQ: ATVI) has a habit of under promising and over delivering. The video game developer this week announced second-quarter results, and -- for the sixth consecutive time -- the headline numbers came in ahead of management's guidance.
The owner of hit franchises like Call of Duty and World of Warcraft set new second-quarter records on the top and bottom lines while raising its outlook for the full year.
More on that brightening outlook in a moment. First, let's look at the latest operating trends.
Source: Fool.com
Activision Blizzard Inc. Stock
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Activision Blizzard Inc. stock is not clear.
On the other hand, the target price of 89 € is below the current price of 89.7 € for Activision Blizzard Inc., so the potential is actually -0.78%.