Shares of Roblox (RBLX) have gained 0.4% over the past four weeks to close the last trading session at $36.58, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $49.05 indicates a potential upside of 34.1%.The average comprises 22 short-term price targets ranging from a low of $18 to a high of $60, with a standard deviation of $9.78. While the lowest estimate indicates a decline o ...

In the latest trading session, Roblox (RBLX) closed at $36.01, marking a +1.35% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 1.02% for the day. Meanwhile, the Dow gained 0.4%, and the Nasdaq, a tech-heavy index, added 2.03%.The online gaming platform's shares have seen a decrease of 6.94% over the last month, not keeping up with the Consumer Discretionary sector's loss of 6.35% and the S&P 500's loss of 3.15%.Analysts and investors alike will be keeping a close eye ...

Key TakeawaysRoblox shares jumped nearly 4% Tuesday after JPMorgan analysts upgraded the online gaming platform's stock and raised its price target.The bank boosted its rating on Roblox to "overweight" from "neutral," and increased the price target by $7 to $48.JPMorgan analyst Cory Carpenter said that with investors hesitant to buy shares, Roblox was at a "compelling entry point."Despite Tuesday's gains, Roblox shares are down 21% so far this year. Shares of online gaming platform Roblox (RBLX) advanced Tu ...

7postman/E+ via Getty Images Roblox Corporation (NYSE:RBLX) ended last year back in growth mode, yet the stock hasn't recovered beyond the post-Covid highs around $40 for years now. The mobile gaming platform has been a strong growth machine when normalized for the volatility over the last few years. My investment thesis remains ultra-Bullish on the stock, especially on a dip below the current support around $36. Source: Finviz Immersive Video Ads Roblox has long promised a move into advertising to dr ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Roblox. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Roblox (RBLX) .Roblox currently has an average brokerage recommen ...

The latest trading session saw Roblox (RBLX) ending at $36.44, denoting a -0.87% adjustment from its last day's close. This change lagged the S&P 500's daily gain of 0.11%. Meanwhile, the Dow lost 0.11%, and the Nasdaq, a tech-heavy index, added 0.23%.The the stock of online gaming platform has fallen by 5.43% in the past month, lagging the Consumer Discretionary sector's loss of 1.15% and the S&P 500's gain of 1.5%.Market participants will be closely following the financial results of Roblox in its upcomin ...

Roblox (RBLX) ended the recent trading session at $37.69, demonstrating a -0.34% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.32%. Elsewhere, the Dow saw an upswing of 0.68%, while the tech-heavy Nasdaq appreciated by 0.2%.Shares of the online gaming platform witnessed a loss of 7.17% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 2.94% and the S&P 500's gain of 5.11%.The investment community will be clo ...

The stock market is back in bull mode and rallying this year thanks to strong corporate earnings, artificial intelligence (AI) excitement, and other factors. The S&P 500 index has already climbed 8% across 2024's trading, and it's up roughly 32% over the last year.But despite strong bullish momentum for the broader market, some promising stocks have lost ground this year and now trade at huge discounts compared to previous highs. Read on to see why two Motley Fool contributors think you can score big wins b ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Roblox (RBLX) .Roblox currently has an average brokerage recommendation (A ...