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Roblox Corp. $RBLX Hope no one spent all their Robux on this name
By: TrendSpider | September 24, 2023
• $RBLX Hope no one spent all their Robux on this name.
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Cathie Wood & Ark Invest's Buys 526,046 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | September 20, 2023
• Cathie Wood and Ark Invest's trade activity from today 9/20.
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Cathie Wood & Ark Invest's Buys 174,838 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | September 19, 2023
• Cathie Wood and Ark Invest's trade activity from today 9/19
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Bad omen if Cathy buying...52w low coming..........
Cathie Wood & Ark Invest's Buys 332,030 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | September 14, 2023
• Cathie Wood and Ark Invest's trade activity from today 9/14.
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Cathie Wood & Ark Invest's Buys 620,765 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | September 13, 2023
• Cathie Wood and Ark Invest's trade activity from today 9/13.
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Roblox $RBLX has now taken a -40% haircut over the last two months
By: TrendSpider | September 13, 2023
• $RBLX Roblox has now taken a -40% haircut over the last two months.
Is the stock headed to new all-time lows?
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Cathie Wood & Ark Invest's Buys 323,484 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | September 11, 2023
• Cathie Wood and Ark Invest's trade activity from today 9/11.
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Renaissance Technologies Sells 1,369,900 Shares of Roblox Co. (RBLX)
By: MarketBeat | September 9, 2023
• Renaissance Technologies LLC reduced its position in shares of Roblox Co. (NYSE:RBLX) by 13.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,781,082 shares of the company's stock after selling 1,369,900 shares during the quarter. Roblox comprises about 0.5% of Renaissance Technologies LLC's portfolio, making the stock its 21st biggest position. Renaissance Technologies LLC owned 1.57% of Roblox worth $394,973,000 at the end of the most recent reporting period...
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Roblox plans PlayStation debut, new world-building AI tools
By: Investing.com | September 8, 2023
NEW YORK (Reuters) - Gaming company Roblox plans to launch its immersive digital worlds platform on Sony (NYSE:SONY)'s PlayStation devices in October, giving it access to the hundreds of millions of people who use the world's most popular gaming consoles.
Roblox will also make its app fully available on Meta (NASDAQ:META)'s Quest mixed reality devices this month after rolling out a test version in July. That version was downloaded more than a million times within five days, the company said in a blog post.
The expansion is part of a plan to make Roblox available "anywhere users are trying to use it," including mobile, desktop and augmented and virtual reality (AR/VR) devices, Roblox Chief Product Officer Manuel Bronstein told Reuters ahead of the company's annual developer conference this week.
"I wonder if we should be on every TV," Bronstein said.
Roblox, with 66 million daily users, most of them teenagers, is one of the most popular gaming services for children and watched closely by tech giants like Meta as they try to entice the next generation of users.
Meta's similar "metaverse" service Horizon, where users appearing as avatars can gather in virtual spaces, has struggled to gain similar momentum. It had fewer than 200,000 monthly users as of last year, according to a Wall Street Journal report.
Horizon is currently available only in VR, although Meta said in February that it was aiming to release web and mobile versions soon, without identifying a date.
At its conference, Roblox announced plans to roll out an AI-powered world-building chatbot by the end of the year.
Developers will be able to use the chatbot - which closely resembles a tool previewed by Meta CEO Mark Zuckerberg last year - to generate virtual objects and scenes on command, without coding, according to a demo shown to Reuters.
Meta's technology, which it has not yet released, used voice commands rather than written chats.
Another new Roblox tool due later this year would make it possible for mobile or desktop users to conduct voice calls with Roblox friends appearing as avatars.
The technology, called Connect, uses the device's camera to capture a participant's facial expressions and body movements and then displays that via the person's avatar.
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Roblox $RBLX 0dte spec sweeper ahead of today's conf 09/08/23 $29.50 CALLS paying .06
By: FLOWrensics | September 8, 2023
• $RBLX 0dte spec sweeper ahead of today's conf 09/08/23 $29.50 CALLS paying .06.
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Roblox $RBLX Sweepers active in the 9/08/23 $28.50 CALLS
By: FLOWrensics | September 1, 2023
• $RBLX Sweepers active in the 9/08/23 $28.50 CALLS.
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$RBLX Darkpool activity yesterday & now seeing 09/15 $27 CALLS
By: FLOWrensics | August 24, 2023
• $RBLX Darkpool activity yesterday & now seeing 09/15 $27 CALLS
This one looks due for an oversold bounce
$RBLX Darkpool activity coming in at session lows
— FLOWrensics (@FLOWrensics_) August 23, 2023
175K shares at $26.48 & 196K shares at $26.45 pic.twitter.com/w3AQ0Ueikx
Roblox $RBLX Darkpool activity coming in at session lows 175K shares at $26.48 & 196K shares at $26.45
By: FLOWrensics | August 23, 2023
• $RBLX Darkpool activity coming in at session lows
175K shares at $26.48 & 196K shares at $26.45.
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President & CEO of Roblox $RBLX sold over $27M in shares this week, just days after the company missed Q2 earnings estimates and the stock dropped -20%. Not exactly a reassuring sign for investors.
By: TrendSpider | August 17, 2023
• $RBLX President & CEO of Roblox sold over $27M in shares this week, just days after the company missed Q2 earnings estimates and the stock dropped -20%
Not exactly a reassuring sign for investors.
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From that awful Cathie Wood
Roblox (RBLX)
icon-fall
21%
Shares of Roblox traded down ~21% on Wednesday after the company reported6 second-quarter earnings with lower-than-expected headline numbers that masked excellent underlying growth dynamics. The year-over-year growth in Roblox bookings, total hours, and daily active users was robust: 22%, 24%, and 26%, respectively. While CEO David Baszucki suggested during the earnings call that developer exchange fees this year will approach $800 million, more than analysts had expected, we believe that he was rounding existing guidance, not changing formal guidance. Thanks to its growing audience of older gamers, impressive product velocity, expertise in generative AI, and growing advertiser base, Roblox seems poised for continued strong growth. Roblox provides a creator-first digital entertainment platform and a 3D engine, both of which allow third-party developers around the world to create games and experiences for users.
Analysts rush to upgrade Roblox stock after earnings-fueled selloff
By: Investing.com | August 10, 2023
Roblox (NYSE:RBLX) shares fell as much as 22% on Wednesday after the company delivered a soft earnings report for its second quarter.
This sell-off has been seen as an opportunity to upgrade RBLX shares at Morgan Stanley and Wedbush.
Morgan Stanley analysts upgraded the stock to Equal Weight as they see a more balanced risk-reward from current levels. They note RBLX has underperformed the S&P 500 this year, mainly due to weaker margins and the uncertainty surrounding future growth.
“While we remain cautious on many of those points, the combination of near-term growth uncertainty and longer term call options leaves us with a more balanced outlook at these levels,” said analysts, who also raised the price target by $4 to $30 per share.
Wedbush analysts upgraded the stock to Outperform to Neutral with a price target of $37 per share. They argue that Roblox “may have the most compelling growth trajectory among the video game names in our coverage universe after taking into account its user base size, its new products, and the potential to revisit its approach to profits.”
“With Roblox shares trading well below our price target after a selloff on Wednesday, the risk/reward profile has become favorable to the upside,” the analysts said in a note to clients.
They argue that investors who remain patient can expect to be rewarded amid anticipated continued growth in revenue. This growth will be driven by the expansion of key user metrics, the introduction of new products, and a more proactive approach to cost control in the future, they concluded.
Roblox stock is trading 2% higher in early Thursday trading. Shares are now up just 3.5% year-to-date.
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Cathie Wood & Ark Invest's Buys 865,287 Shares of Roblox Corp (RBLX)
By: Ark Invest Daily | August 9, 2023
• Cathie Wood and Ark Invest's trade activity from today 8/9.
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Well finally a Roblox holder. Been waiting on a capitulation event.
Options Traders Play Roblox (RBLX) Stock After Earnings
By: Schaeffer's Investment Research | August 9, 2023
• RBLX is on track for its worst session of the year and lowest close since January
• RBLX is near the bottom of the NYSE today after a top-line miss
Roblox Corp (NYSE:RBLX) stock is tanking, last seen down 20.1% to trade at $30.15, one of the worst stocks on the New York Stock Exchange (NYSE) today. The bear gap comes after the gaming company reported second-quarter losses and revenue that were wider than Wall Street's forecasts. Roblox saw bookings rise a smaller-than-expected 22% over the last 12 months, while daily active users jumped 25% over the same time frame.
Options traders are blasting RBLX in response. Already, 34,000 calls and 27,000 puts have exchanged hands, volume that's eight times the intraday average amount. New positions are being opened at the four most popular contracts, led by the October 45 call.
A broader look shows options traders were more call-heavy than usual over the last 10 weeks. This is per Roblox stock's 50-day call/put volume ratio of 5.23 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which sits higher than 96% of readings from the past year.
Today's negative price action is set to be the stock's worst single-session drop since November 9, and puts RBLX on track for its lowest close since January 9. The shares are now off 35.5% year-over-year, and are currently on the short-sale restricted list.
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Roblox (RBLX) stock drops 7% as Q2 results trail analyst estimates
By: Investing.com | August 9, 2023
Roblox (NYSE:RBLX) shares fell more than 7% in pre-market trading after the company reported second quarter results.
Roblox posted a loss per share of 46 cents, worse than the expectations for a loss per share of 44c. Bookings for the quarter came in at $780.7M, slightly weaker than the consensus estimate of $785.4M.
Revenue came in at $680.8M, a 15% increase from the previous year. The platform saw a 25% increase in Average Daily Active Users (DAUs) to 65.5M.
“We continue to drive high rates of organic growth in DAUs, Hours, and Bookings. We are growing among users of all ages and across all geographies. We remain focused on extending our product leadership to drive value for creators and brands, and even more innovative and immersive avatars and experiences for our users,” said David Baszucki, founder and CEO of Roblox.
Additionally, there was a 19% increase in average monthly unique payers to 13.5M. Hours engaged on the platform rose by 24% to 14.0 billion.
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Earnings Preview: Roblox Corp. (NYSE: RBLX)
By: 24/7 Wall St. | August 7, 2023
• Here is a look at what analysts expect to hear from two companies reporting quarterly earnings early on Wednesday.
Roblox
Interactive entertainment platform Roblox Corp. (NYSE: RBLX) has seen its stock price tumble by about around 23% over the past 12 months. That loss would be even worse had the shares not added about 30% so far this year. The less-good news is that the share price has fallen by about 19% in just over two weeks.
Roblox’s stock price is tied to the company’s performance. Analysts had raised hopes after the company announced first-quarter results. The company has provided little or no information during the second quarter, perhaps leading investors to believe that no news is not good news.
Of 28 analysts covering the stock, 15 have a Buy or Strong Buy rating and seven more rate it at Hold. At a price of around $37.00 a share, the implied gain based on a median price target of $45.00 is 21.6%. At the high target of $65.00, the upside potential is about 75.7%.
The consensus first-quarter revenue estimate is $777.97 million, which would be up 0.5% sequentially and by 21.6% year over year. Analysts also expect Roblox to post a loss per share of $0.44, equal to the prior quarter’s loss and worse than the year-ago quarter’s loss of $0.30. For the full fiscal year, the company is expected to post a loss of $1.83 per share, compared to last year’s loss of $1.55 per share. Revenue is forecast at $3.42 billion, up 19.2%.
Roblox is not expected to post a profit in 2023, 2024 or 2025. For those three years, the company’s enterprise value to sales multiple is 6.4, 5.5 and 4.9, respectively. The stock’s 52-week trading range is $25.32 to $53.88, and the company does not pay a dividend. The total shareholder return for the past year was negative 23.29%.
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Nikko Asset Management Americas Inc. Has $238.25 Million Stock Position in Roblox Co. (RBLX)
By: MarketBeat | July 24, 2023
• Nikko Asset Management Americas Inc. raised its stake in shares of Roblox Co. (NYSE:RBLX) by 3.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,374,286 shares of the company's stock after buying an additional 168,309 shares during the period. Roblox accounts for approximately 2.7% of Nikko Asset Management Americas Inc.'s portfolio, making the stock its 11th biggest holding. Nikko Asset Management Americas Inc. owned 0.96% of Roblox worth $238,248,000 as of its most recent SEC filing...
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abrdn plc Increases Stock Position in Roblox Co. (RBLX)
By: MarketBeat | July 25, 2023
• abrdn plc increased its position in shares of Roblox Co. (NYSE:RBLX) by 89.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 64,515 shares of the company's stock after buying an additional 30,376 shares during the period. abrdn plc's holdings in Roblox were worth $2,902,000 at the end of the most recent reporting period...
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Roblox Corporation $RBLX Total Debt (mrq) $1.54B Book Value Per Share (mrq) $0.41
$RBLX Nasty reversal after a failed breakout from Roblox, let's see if trendzone support and the 200 SMA hold up again
By: TrendSpider | July 23, 2023
• $RBLX Nasty reversal after a failed breakout from Roblox, let's see if trendzone support and the 200 SMA hold up again.
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Friedenthal Financial Makes New Investment in Roblox Co. (RBLX)
By: MarketBeat | July 21, 2023
• Friedenthal Financial bought a new position in shares of Roblox Co. (NYSE:RBLX) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 14,577 shares of the company's stock, valued at approximately $656,000...
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$RBLX Game on for Roblox?
By: TrendSpider | July 18, 2023
• $RBLX Game on for Roblox?
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Roblox $RBLX $1.5 mil premium in to the 08/18 $42.50 CALLS
By: FLOWrensics | July 18, 2023
• $RBLX $1.5 mil premium in to the 08/18 $42.50 CALLS.
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Roblox Corp. $RBLX Filled the gap to the bottom of the candle and yanked, held the 8D on Friday
By: Options Mike | July 16, 2023
• $RBLX Filled the gap to the bottom of the candle and yanked, held the 8D on Friday. Laggard, on watch to retest 47 area.
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Roblox $RBLX Put/Call = 4,194/47,359
By: Theta Warrior | July 13, 2023
• $RBLX Put/Call = 4,194/47,359
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Mark Zuckerberg just announced Roblox $RBLX is coming to Meta’s VR $META headsets
By: Evan | July 12, 2023
• Mark Zuckerberg just announced Roblox $RBLX is coming to Meta’s VR $META headsets.
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Roblox $RBLX squeezing into the gap!
By: TrendSpider | July 11, 2023
• $RBLX Roblox squeezing into the gap!
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Roblox (RBLX) a top pick at BTIG for H2 as drivers not reflected in consensus
By: investing.com | July 5, 2023
Buy-rated Roblox (NYSE:RBLX) was named as one of BTIG's top picks for the second half of 2023, the firm revealed in a note Wednesday.
The firm's analysts, who have a $60 price target on the stock, explained that Roblox remains a top pick as they see a very attractive, multi-year bookings growth and margin improvement cycle beginning to take shape in the back half of 2023.
"Roblox has begun to deliver new products to their user and developer bases that are likely to improve the overall platform experience—from personalization to monetization to the development experience," said BTIG.
"Collectively, those improvements should drive sustained, or accelerating top-line growth (we project at least 20% bookings growth over the next two years, but could see growth in the +25-30% y/y range) alongside steady margin improvement from the high single digits in 2023 to the high teens (on a bookings basis) in 2025 after exiting a multi-year investment cycle."
They noted that products will be the key accelerants to bookings, on top of already strong user growth/penetration, while R&D and ITS will be "significant sources of operating expense leverage moving forward."
BTIG concluded that they don't believe the factors are reflected in consensus estimates, and they see a healthy runway for positive revisions.
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Roblox $RBLX Trendzone support + 200 day SMA = The perfect recipe for a bounce this morning!
By: TrendSpider | June 26, 2023
• $RBLX Trendzone support + 200 day SMA = The perfect recipe for a bounce this morning!
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