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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Activision Blizzard, Inc.    ATVI

ACTIVISION BLIZZARD, INC.

(ATVI)
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Blizzard to delay 'World of Warcraft: Shadowlands' to later this year

10/01/2020 | 06:41pm EST

Oct 1 (Reuters) - Online role-playing game "World of Warcraft: Shadowlands" will be released later this year, Blizzard Entertainment said on Thursday, as employees working from home during the COVID-19 pandemic has slowed some processes.

Blizzard, a unit of videogame publisher Activision Blizzard Inc, did not announce a date for the release, but said the parent company does not expect the delay to have a material impact on its financials for the year.

The expansion of one of Blizzard's biggest labels, initially slated for release at October-end, is now in public beta testing.

Activision's shares have gained about 39% this year as it posted strong quarterly results after people turned to its other games, including "Call of Duty" and "Diablo", to shake off lockdown boredom.

Blizzard will roll out a substantial patch for "World of Warcraft" players from Oct. 13 onwards, ahead of the "Shadowlands" release. (Reporting by Praveen Paramasivam in Bengaluru; Editing by Devika Syamnath)


© Reuters 2020
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Financials (USD)
Sales 2020 8 094 M - -
Net income 2020 2 211 M - -
Net cash 2020 5 398 M - -
P/E ratio 2020 28,9x
Yield 2020 0,48%
Capitalization 62 509 M 62 509 M -
EV / Sales 2020 7,06x
EV / Sales 2021 6,58x
Nbr of Employees 9 080
Free-Float 63,5%
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Activision Blizzard, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends ACTIVISION BLIZZARD, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 32
Average target price 96,41 $
Last Close Price 80,88 $
Spread / Highest target 36,0%
Spread / Average Target 19,2%
Spread / Lowest Target -9,74%
EPS Revisions
Managers
NameTitle
Robert A. Kotick Chief Executive Officer & Director
Daniel I. Alegre President & Chief Operating Officer
Brian G. Kelly Chairman
Dennis M. Durkin CFO & President-Emerging Brands
Robert J. Corti Independent Director
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