Activision Stock Price Depends on Microsoft Acquisition

Activision Stock Price Depends on Microsoft Acquisition

Activision Blizzard (NASDAQ: ATVI) was one of the strongest performers in the DFC Intelligence Video Game Stock Index for 2022.  From January 2022 to January 2023, ATVI stock price increased 15% versus an average 30% decline in the index.  Of course, the reason for the increase was that Microsoft announced plans to buy Activision Blizz.....
DFC Intelligence Launches Video Game Stock Index

DFC Intelligence Launches Video Game Stock Index

Stock prices in the video game and interactive entertainment industry soared during COVID stay-at-home orders.  In 2022, stock prices came down across the board.  As the global economy heads towards a potential recession now is the time to evaluate company valuation.  To track the overall video game industry, DFC has launched the DFC Intelligence Video Game Stock Index. Introducing the Video G.....
Capcom Top Video Game Stock of 2022

Capcom Top Video Game Stock of 2022

In the recently launched DFC Intelligence Video Game Stock Index, Capcom (9697.T-JP: Tokyo) (OTC:CCOEY) was the top performer with a stock increase of 37% from January 2022 to January 2023. The overall DFC Intelligence Video Game Stock Index was down 30% in 2022. In late October, Capcom announced a 30% decline in revenue for the first six months of the fiscal ye.....
High Expectations for Embracer Group

High Expectations for Embracer Group

The Embracer Group continued to make some big acquisition moves in 2022.  This included buying board game company Asmodee for $3 billion and getting the Eidos/Crystal Dynamic properties from Square Enix. Unfortunately, Embracer’s biggest video game release of 2022, a remake of THQ’s Saints Row, was a disappointment.  Overall Embracer Group stock was down 50% in 2022.  This compares with an average decline of 30% for the DFC Intelligence Video Game Stock Index .....
Nvidia Due for a Comeback in 2023

Nvidia Due for a Comeback in 2023

Hardware companies in the DFC Intelligence Video Game Stock Index were hammered in 2022 and Nvidia (NASDAQ: NVDA) was no exception.  Nvidia stock was down 52% from January 2022 to January 2023.  This was after a slight rally toward the end of the year. The big growth area for Nvidia has been data centers.  In the last quarter, Nvidia’s data center revenue was up 31% over the previous year quarter while ga.....
Potential Comeback Year for Turtle Beach

Potential Comeback Year for Turtle Beach

The stock price of hardware and accessories companies was hammered in 2022.  Turtle Beach (NASDAQ: HEAR) was no exception as the stock price declined 68% from January 2022 to January 2023. Going into 2023, DFC Intelligence is bullish on the category in general.  As the installed base for PlayStation 5 and Xbox Series X/S catchup to demand it will naturally result in growth for the accessories side.  Meanwhile, new graphics cards from Nvidia and AMD are resulting in new P.....
Ubisoft Needs Big Hits

Ubisoft Needs Big Hits

It is no secret that Ubisoft (UBI.PA) has had a rough few years.  In 2022, the stock price was down almost 40%.  However, the decline had started well before.  Ubisoft’s market value has lost about 73% since its peak in mid-2018. Ubisoft has quite a few projects in the works and they need them to do well.  Skull & Bones is a much delayed game that is scheduled for release this March.  Avatar: Frontiers of Pandora is an open-work game set in the universe o.....
Take-Two Could Have Make or Break 2023

Take-Two Could Have Make or Break 2023

In January 2022, Take-Two Interactive (NASDAQ: TTWO) announced one of the biggest game industry acquisitions ever with a $12+ billion purchase of mobile game provide Zynga.  That news lasted for a week until it was overshadowed by Microsoft’s planned purchase of Activision Blizzard for $68 billion. While the Microsoft/ATVI deal is struggling to get approval, the Take-Two/Zynga deal was easily completed in May.  Now Take-Two is struggling with the difficult process of combin.....