-
Overwatch Champion Sinatraa Retires From League, Joins Sentinels VALORANT Roster
Wednesday, April 29, 2020 - 3:37pm | 331Jay "Sinatraa" Won, a major face of the Overwatch League in the West, has retired from the OWL to pursue "VALORANT." The 2019 Overwatch World Cup champion has left San Francisco Shock to compete in "VALORANT" with esports organization Sentinels. Rumors first circulated...
-
MKM Positive On Video Gaming Industry, But 'Same-Old' Games Not Good Enough Anymore
Tuesday, June 11, 2019 - 1:03pm | 634The video game industry is rewarding new and different ideas rather than copycats, and those companies that can hit on the next new thing – the next “Fortnite”, for example, but not another “Fortnite” – will be the winners as the next generation gets going, MKM...
-
Goldman Sachs Says Buy The Dip In Activision Blizzard
Tuesday, May 28, 2019 - 12:21pm | 388Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) have fallen more than 10 percent in May and investors may want to consider buying the dip, according to Goldman Sachs. The Analyst Goldman Sachs analyst Michael Ng upgraded Activision Blizzard from Neutral to Buy with a 12-month price target...
-
Activison Blizzard Misses Q4 Sales Estimates, Announces Layoffs
Tuesday, February 12, 2019 - 6:05pm | 498Shares of "Call of Duty" maker Activision Blizzard Inc. (NASDAQ: ATVI) ticked higher in after-hours trading despite a soft outlook for coming-year sales as it announced staff reductions. The company's earnings report was mixed, hitting estimates of $1.29 per share for the fourth...
-
Toy Story: Bank Of America Bullish On Funko's 2019 Opportunities
Saturday, December 15, 2018 - 5:48pm | 713A strong 2019 content lineup is shaping up nicely for Funko Inc (NASDAQ: FNKO), according to a bullish Bank of America Merrill Lynch. The Analyst Analyst Rafe Jadrosich reiterated a Buy rating on Funko with a $23 price target. The Thesis A strong content schedule and a return to growth...
-
Activision Blizzard Q3 Takeaways: 'Call Of Duty,' E-Sports And More
Friday, November 9, 2018 - 11:07am | 506On Thursday, Activision Blizzard, Inc. (NASDAQ: ATVI) reported earnings which highlighted the performance of the new “Call of Duty,” as well as advancements in mobile and e-sports. The Analysts UBS analyst Eric J. Sheridan reiterated a Buy rating and lowered the price target from $88...
-
'It's Only Going To Continue To Grow': The Economics Of eSports
Tuesday, March 20, 2018 - 7:32am | 509As the competitive eSports arena continues the shift toward a franchise-based league model, new opportunities to expand the viewer base and generate revenue have arisen. Ownership As the eSports arena grows in popularity and scope, the landscape increasingly resembles that of a professional...
-
Activision Analyst Talks E-Sports Ahead Of Overwatch League Event
Monday, January 8, 2018 - 10:09am | 4922018 will likely prove to be a do-or-die year for eSports after startups combined to raise $200 million in 2017. The Analyst KeyBanc Capital Markets' Evan Wingren maintains an Overweight rating on Activision Blizzard, Inc. (NASDAQ: ATVI)'s stock with an unchanged $80 price target. The...
-
Activision Blizzard Still A Buy Despite 20% Share Pop, Says Argus
Wednesday, February 15, 2017 - 10:15am | 426Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) is still a Buy at Argus even after shares climbed 20 percent following the company’s strong fourth-quarter results, which were powered by "Overwatch" and King Digital’s "Candy Crush." Video Games The February 2016 acquisition of King...
-
For Activision Blizzard, 'Overwatch' And 'Candy Crush' Strength Outweighs 'Call Of Duty' Weakness
Monday, February 13, 2017 - 1:48pm | 411Activision Blizzard, Inc. (NASDAQ: ATVI) crushed earnings expectations for its fourth quarter as "Overwatch" performed better than most anticipated and offset "Call of Duty" weakness. But, BMO Capital’s Gerrick Johnson prefers to remain on sidelines amid elevated investor expectations...
-
Activision Blizzard Has Found Its Next Big Franchise
Tuesday, November 29, 2016 - 4:52pm | 531In a short six months, Activision Blizzard, Inc. (NASDAQ: ATVI)'s team-based shooter game "Overwatch" has taken over the online gaming landscape. Massive Audience Appeal Activision Blizzard is no stranger to finding a massive audience in online gaming. The developer's long-...
-
NetEase Scores Upgrade To Buy From Daiwa
Wednesday, September 21, 2016 - 11:33am | 292Daiwa Capital Markets has upgraded NetEase Inc (ADR) (NASDAQ: NTES) from Buy to Outperform based on multiple catalysts. Analysts John Choi and Alex Liu also boosted the price target from $235 to $290 on the expectation of better revenue growth in the second half of the current year. The brokerage...
-
Credit Suisse Assumes Coverage On NetEase With Neutral Rating
Friday, August 19, 2016 - 11:14am | 360Credit Suisse assumed coverage on NetEase Inc (ADR) (NASDAQ: NTES) with a Neutral rating and boosted the price target from $200 to $230. The brokerage earlier had an Outperform rating on the stock. The comments come on the heels of the company reporting better-than-expected earnings and revenue on...
-
'Overwatch' Success Is A New Tentpole For Activision Blizzard
Friday, August 5, 2016 - 10:04am | 327Activision Blizzard, Inc. (NASDAQ: ATVI) reported robust Q2 results, while raising its 2016 guidance. Baird’s Colin Sebastian reiterated an Outperform rating on the company, while raising the price target to $46. Robust Results Sebastian mentioned that the strong Q2 results were driven by the...
-
'Overwatch' Could Be Key To Activision Blizzard's Q2 Numbers
Thursday, August 4, 2016 - 1:58pm | 453Optimism is building for Activision Blizzard, Inc. (NASDAQ: ATVI) as analysts anticipate another quarter of strong earnings. The stock is trading in the green ahead of the earnings announcement later in the day Thursday. The optimism is mainly due to the expected success of "Overwatch" across the...