Streetbeat News

RBLX

Roblox Corporation

https://corp.roblox.com

Industry

Electronic Gaming & Multimedia

Roblox Corporation develops and operates an online entertainment platform. The company offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D digital world; Roblox Education for learning experiences; and Roblox Cloud, which provides services and infrastructure that power the human co-experience platform. It serves customers in the United States, the United Kingdom, Canada, Europe, China, the Asia-Pacific, and internationally. The company was incorporated in 2004 and is headquartered in San Mateo, California.

Open

52.50

Mkt cap

33B

Volume

9.1M

High

52.53

P/E Ratio

-31.12

52-wk high

55.10

Low

50.68

Div yield

N/A

52-wk low

29.55

Roth MKM analyst Eric Handler maintains a Neutral rating on Roblox (NYSE:RBLX) and raises the price target from $35 to $42.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 2:06 pm

Wedbush analyst Nick McKay reiterates an Outperform rating on Roblox (NYSE:RBLX) and maintains a $46 price target.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 1:06 pm

The Nasdaq 100 closed higher by over 1% during Friday's session. Notable insider sales were observed in Roblox Corporation, Morgan Stanley, Webster Financial Corporation, and Intercontinental Exchange. Insider sales can indicate various factors including preplanned sales or concerns about the company's prospects.

Portfolio Pulse from Avi Kapoor

July 29, 2024 | 12:23 pm

The past week in consumer tech saw significant developments including a global tech outage caused by a flawed update from CrowdStrike Holdings Inc. (CRWD), leading to widespread criticism. Roblox Corporation (RBLX) reported a sharp increase in child exploitation incidents. Apple Inc. (AAPL) and Texas Instruments (TXN) both reported earnings that beat analyst estimates. Nvidia Corp. (NVDA) is developing a new AI chip for the Chinese market and has approved the use of Samsung's HBM3 chips. Meta Platforms Inc. (META) faces scrutiny from the EU over its 'pay or consent' model. Warner Bros. Discovery, Inc. (WBD) announced the acquisition of Player First Games.

Portfolio Pulse from Lekha Gupta

July 28, 2024 | 7:39 pm

Roblox Corp. (NYSE:RBLX) reported a significant increase in child exploitation cases in 2023, with over 13,000 incidents flagged, up from 3,000 the previous year. The company emphasized the context of its large user base and content volume, and detailed ongoing safety measures to protect users.

Portfolio Pulse from Franca Quarneti

July 24, 2024 | 10:29 pm

Roblox Corporation (RBLX) posted a cryptic message on X (formerly Twitter) stating 'Almost time,' which has generated speculation about potential upcoming announcements or events.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 6:47 pm

Wolfe Research analyst Shweta Khajuria assumes Roblox (NYSE:RBLX) with a Peer Perform rating.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 10:59 am

Benzinga's Stock Whisper Index highlights five stocks that are gaining interest among investors: E.l.f. Beauty Inc (ELF), Amphenol Corporation (APH), MicroStrategy Inc (MSTR), Uber Technologies (UBER), and Taiwan Semiconductor (TSM). Key developments include new partnerships, share buybacks, cryptocurrency investments, legal settlements, and AI demand.

Portfolio Pulse from Chris Katje

July 05, 2024 | 3:49 pm

Today's session saw significant options activity in 10 communication services stocks, with notable whale alerts. Key trades include bearish sentiment for SIRI, GOOGL, DIS, ROKU, GOOG, and RBLX, and bullish sentiment for PARA and DJT.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:00 pm

Roblox (NYSE:RBLX) and E.L.F Beauty (NYSE:ELF) have expanded their collaboration, with E.L.F Beauty launching a digital storefront in Roblox's e.l.f. UP! experience to sell real-world merchandise. This move aims to enhance brand engagement and provide a seamless shopping experience for users.

Portfolio Pulse from Dylan Berman

July 01, 2024 | 3:14 pm

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