Roblox(RBLX)

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Trading Near Its 52-Week High, Can Roblox Stock Still Soar Higher?
The Motley Fool· 2024-12-14 08:06
One stock that has been surging in recent months is Roblox (RBLX -0.02%). The company's gaming platform is popular with young kids, and sales have been taking off in recent years. It has also been expanding its business so that its content is more appealing to a wider age group, as many young kids often move on from Roblox and onto consoles or more mature gaming options.The business's long-run growth opportunities are attractive, but the company remains unprofitable, which can be a roadblock preventing the ...
Roblox: A Solid Play In Gaming And Beyond
Seeking Alpha· 2024-12-12 16:31
Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...
American Egg Board Debuts “Tower of Eggs” Activation in Roblox, Featuring Obstacle Gameplay and Recipe Challenges
GlobeNewswire News Room· 2024-12-12 09:58
Core Insights - The American Egg Board (AEB) has launched a unique gaming activation called "Tower of Eggs" in Roblox, aimed at engaging gamers with egg recipes and gameplay [1][5] - This initiative is part of AEB's "Meant to be Broken" campaign, targeting Millennial and Gen Z consumers who are avid gamers [3][4] Group 1: Gaming Activation Details - The "Tower of Eggs" pop-up features a four-level obstacle course where players can create recipes like Sausage, Egg and Cheese Roll-Ups and Ramen Carbonara [2] - Players can earn egg-inspired accessories for their Roblox avatars as rewards for completing challenges [2] - The activation will be featured in popular Roblox games from December 10, 2024, to February 5, 2025, including "Color or Die" and "Ultimate Easy Obby" [3] Group 2: Marketing Strategy - AEB's strategy involves leveraging the gaming culture to create immersive experiences that resonate with younger audiences [6] - The partnership with Talmont and Super League aims to reach millions of players and enhance brand engagement through creative content [5][6] - The initiative is seen as a significant shift in marketing, connecting traditional food products with modern gaming platforms [6] Group 3: Community Engagement - The activation features Sunny Choi, a notable figure in sports, as a non-playable character to guide players and promote egg-related messages [4] - Players can explore recipes and meal inspirations through the AEB's website and social media platforms [6]
Roblox starts offering 25% more game currency for web purchases
TechCrunch· 2024-11-27 04:11
As scrutiny around Apple and Google’s app store fees tightens around the world, gaming platform Roblox has now started to offer an additional 25% game currency Robux for purchases on the web and gift cards as compared to mobile platforms. In essence, the company is encouraging users to purchase Robux from the web to avoid Apple and Google’s in-app purchase fee markups. The company confirmed the move and said that it is looking for ways to provide more value to user and creator communities. “Apple and Goog ...
Roblox: Listen To The Market
Seeking Alpha· 2024-11-19 21:44
Roblox (NYSE: RBLX ) has had a tough few years, stuck at lower highs while the broader market ( SPY ) trended higher. However, things are finally looking better, and this article looks at why RBLX could be a buy as itMy approach is long-term and I focus on investing in macro ideas through low risk ETFs and CEFs. I have traded stocks and currencies for nearly ten years and currently run a family fund with my partner and fellow SA contributor Andrew McElroy. I also invest in real estate and am a freelance wri ...
Roblox bolsters child safety measures after abuse reports
Techxplore· 2024-11-18 17:50
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Gaming platform Roblox announced major safety upgrades Monday, introducing remote parental controls and restricting communication features for users under 13. Roblox is a popular online gaming and creation platform founded in 2004 that allows users to play, create, and share virtual experienc ...
Gamers Scramble Their Way Through The American Egg Board's "Tower of Eggs" Pop-up in Roblox
Prnewswire· 2024-11-12 19:24
First-ever gaming activation from America's egg farmers engages gamers through obstacle course gameplay, egg power-ups and in-game recipes. CHICAGO, Nov. 12, 2024 /PRNewswire/ -- The American Egg Board (AEB) announced today the launch of a first-of-its-kind, in-game activation exclusively in Roblox, an immersive gaming and creation platform: a "Tower of Eggs" pop-up filled with a dozen delicious egg recipes. Featured in popular Roblox obby (obstacle-course) games now through February 5, 2025, it's an uneggs ...
Roblox to Add Age Restrictions for Social Hangouts and Unrated Experiences
CNET· 2024-11-07 22:24
Child Safety Updates - Roblox is limiting access to more interactive spaces and unrated games for users under 13 years old, restricting social hangout elements, vibe games, clubs, and free-form creation tools [1][2] - Starting November 18, gamers under 13 will not be able to access these interactive features, though roleplaying games and real-life simulations remain accessible [2] - The company is also changing its default settings to prevent users under 13 from accessing unrated games, requiring developers to complete a questionnaire by December 3 to make their games accessible to preteens [3] Background and Context - The updates come amid increased scrutiny over Roblox's child protection measures, with investigations revealing cases of predators targeting children and a lawsuit alleging illegal gambling on the platform [4] - Over 40% of Roblox's 78 million users are preteens, making child safety a critical issue for the platform [4] - In October, the company introduced parental controls, allowing parents to limit access to certain chats and games based on their child's age [5]
Analysts Praises Roblox Stock's Long-Term Outlook
Schaeffers Investment Research· 2024-11-04 14:29
Roblox Corp (NYSE:RBLX) is 2.8% higher in premarket trading, after Morgan Stanley upgraded shares to "overweight" from "equal weight" and raised its price target to $65 from $38. In its bull note, the analyst said the video game developer's growing audience could help RBLX more than double. In addition to Morgan Stanley's upgrade, Roth MKM and Deutsche Bank hiked their price targets to $54 and $60, respectively. There's room for more upgrades too, considering nine of 24 covering brokerages rate the equity a ...
Analysts revise Roblox stock price target with bullish upgrades
Finbold· 2024-11-04 11:38
Back on October 8, noted activist short-selling group Hindenburg Research released a comprehensive report alleging that Roblox (NYSE: RBLX) was engaged in misleading and careless business practices.Every Hindenburg report is a matter of concern — as previous releases have led to immense drops in stock price, like in the case of Super Micro Computer (NASDAQ: SMCI), or even arrests, like in the case of The Nikola Corporation (NASDAQ: NKLA).The activist firm accused the video game developer of using inflated m ...