Recently upgraded to Android Studio from 2.2.3 to 2., running on Win10
Emulator stopped working since then. Tried installing other images(25 rev 4)/upgrading for AVD
I was also having the same issue 2 days ago when i update my android studio, today I solve my issue when I was playing around with settings then I saw that in my SDK tools setting Android Emulator is uncheck so I simply checked that box and now emulator is working fine.
Try this steps may work for you also:
There are changes, though it's installed, you might need to update