Activision Blizzard: Diablo IV Is Coming

Summary:

  • Blizzard’s Diablo franchise often doesn’t get as much attention as the rest, even though the last game cumulatively outsold every Call of Duty game except two.
  • Additionally, the company is approaching Diablo IV with a unique strategy that will see the release of seasons roughly every quarter. This could extend lifetime earnings significantly.
  • These factors, along with several others highlighted below, make me confident that this will be the biggest novel driver for ATVI’s fundamentals this year.
  • All of this will serve to make a good stock even better – acquisition or not.

Grim Reaper

D-Keine/iStock via Getty Images

Overview

Activision Blizzard (NASDAQ:ATVI) has been in the news cycle a good bit as of late, primarily due to the ongoing and somewhat fraught acquisition by Microsoft. While there is a good amount of debate around

ATVI Q4 2022 Earnings Transcript 2.24.23

ATVI Q4 2022 Earnings Transcript 2.24.23

Data: Multiple ATVI Filings

Data: Multiple ATVI Filings

blizzard.com

blizzard.com

blizzard.com

blizzard.com


Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.


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