Roblox(RBLX)

Search documents
RBLX INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Roblox Corp. Investors with Substantial Losses Have Opportunity to Lead the Roblox Class Action Lawsuit
GlobeNewswire News Room· 2024-06-11 18:23
SAN DIEGO, June 11, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that the Roblox class action lawsuit seeks to represent purchasers or acquirers of Roblox Corp. (NYSE: RBLX) securities between November 15, 2023 and May 8, 2024, inclusive (the "Class Period"). Captioned Li v. Roblox Corp., No. 24-cv-03484 (N.D. Cal.), the Roblox class action lawsuit charges Roblox and certain of Roblox's top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial ...
Wall Street Analysts Think Roblox (RBLX) Is a Good Investment: Is It?
ZACKS· 2024-06-10 14:35
Roblox currently has an average brokerage recommendation (ABR) of 1.83, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 23 brokerage firms. An ABR of 1.83 approximates between Strong Buy and Buy. Check price target & stock forecast for Roblox here>>> Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our researc ...
Meme Stock Mayhem: Why You Should Take a Hard Pass on Roblox (RBLX)
Investor Place· 2024-05-31 10:35
Just remember, Roblox is a gaming company, but investing isn't just a game. If Roblox's management makes an unrealistic promise, that's not a good look for the company. So, let's take off our 3D metaverse goggles and take a direct look at Roblox's faulty financials. Roblox's Big Bookings Promise While some companies focus heavily on their revenue/sales, Roblox tends to emphasize its bookings. For Roblox, bookings is related to sales, as it's a measure of the company's conversion of on-platform virtual curre ...
Is It Worth Investing in Roblox (RBLX) Based on Wall Street's Bullish Views?
zacks.com· 2024-05-23 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Roblox (RBLX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Roblox currently has an average brokerage recommendation (ABR) ...
Cathie Wood Is Loading Up on This Innovative Growth Stock
fool.com· 2024-05-23 09:27
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. ...
Roblox: Loading Up On The Dip
seekingalpha.com· 2024-05-19 13:26
JasonDoiy I have previously covered Roblox stock with a Buy thesis, back in February this year - see here. Since the article has been published, RBLX shares are down about 30%, while the S&P 500 has appreciated 5%. Roblox Reports Solid Q1 Results RBLX announced its results for the first quarter of 2024 and reported an overall solid performance, with both bookings and profitability approximately in line with consensus estimates: During the period from January to end of March, the San Mateo based gaming/ soci ...
Here is What to Know Beyond Why Roblox Corporation (RBLX) is a Trending Stock
zacks.com· 2024-05-16 14:06
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions an ...
Is Roblox Stock Going to $56? 1 Wall Street Analyst Thinks So.
The Motley Fool· 2024-05-15 10:16
Can profit margins expand fast enough to support this growth stock's lofty valuation? Investors looking for bargains might want to turn their attention to Roblox (RBLX 2.26%). Shares of the company behind the user-centric gaming platform fell by about 20% after management relayed some news that disappointed most Wall Street analysts. Bucking the trend, BMO Capital's Brian Pitz expects strong profit growth in the quarters ahead, despite a lowered outlook for quarterly bookings for the rest of 2024. Pitz rece ...
Is Roblox Stock Going Back to $40? 1 Wall Street Analyst Thinks So
The Motley Fool· 2024-05-13 22:19
Roblox's biggest problem isn't with credibility, but with valuation. Roblox (RBLX -1.56%) reported Q1 earnings last week, and the news was... disappointing. After beating expectations for both sales and earnings, the online gaming platform proceeded to warn that future growth in sales and "bookings" (essentially, sales of Robux virtual currency to users) won't be as fast as many investors hoped. That's not the kind of news that growth investors like to hear, and Roblox stock sold off hard after earnings -- ...
Why Did Roblox Stock Plunge After Raising Its Revenue Guidance? Is the Sell-Off a Buying Opportunity?
The Motley Fool· 2024-05-13 08:45
The stock for this gaming platform is down over 30% year to date.Shares of Roblox (RBLX 3.39%) sank after its first-quarter results, despite the virtual gaming platform raising its full-year revenue outlook. The stock is now trading down over 30% year to date.So why is Roblox's stock getting crushed?Let's examine the company's quarterly results to find out why, and whether now is a good opportunity to buy the stock.Revenue versus bookingsThe main culprit behind the collapse in Roblox stock was that while it ...