Roblox Corporation (RBLX)

NYSE: RBLX · Real-Time Price · USD
51.52
-0.72 (-1.38%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.38%
Market Cap 33.81B
Revenue (ttm) 3.36B
Net Income (ttm) -1.04B
Shares Out 656.22M
EPS (ttm) -1.63
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 13,115,019
Open 52.29
Previous Close 52.24
Day's Range 50.60 - 52.32
52-Week Range 29.55 - 55.10
Beta 1.56
Analysts Buy
Price Target 54.38 (+5.55%)
Earnings Date Oct 31, 2024

About RBLX

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It 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 experience; and Roblox Cloud, which provides services and infrastructure that power the platform. Roblox Corporation was incorporated in 2004 and is headquartered in San Mateo, California. [Read more]

IPO Date Mar 10, 2021
Employees 2,457
Stock Exchange NYSE
Ticker Symbol RBLX
Full Company Profile

Financial Performance

In 2023, Roblox's revenue was $2.80 billion, an increase of 25.81% compared to the previous year's $2.23 billion. Losses were -$1.15 billion, 24.6% more than in 2022.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for RBLX stock is "Buy." The 12-month stock price forecast is $54.38, which is an increase of 5.55% from the latest price.

Price Target
$54.38
(5.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Roblox: Listen To The Market

Despite never posting a profit, Roblox's revenues and user engagement metrics are growing strongly, with significant year-over-year increases. The stock has broken out above resistance due to impressi...

1 day ago - Seeking Alpha

Roblox Issues New Safety Features

Matt Kaufman, chief safety officer at Roblox, joins to discuss new AI features and precautions being deployed by the popular online game as it faces increased scrutiny by parents and users. He speaks ...

1 day ago - Bloomberg Technology

Roblox taps former Roku executive Parampath to aid advertising push

Roblox has hired former Roku executive Louqman Parampath to help build out its advertising business, as the video-game platform bets on its lucrative young user base to draw marketing dollars.

1 day ago - Reuters

Roblox CEO David Baszucki on Hindenburg short

David Baszucki, Roblox CEO, reacts to Hindenburg short position.

1 day ago - CNBC Television

Roblox CEO on new safety updates following October Hindenburg report

David Baszucki, Roblox CEO, joins 'Squawk Box' to discuss the list of new safety products available for users, the chief executive's first reactions to the short report, and much more.

1 day ago - CNBC Television

Roblox bolsters child safety measures after abuse reports

Gaming platform Roblox announced major safety upgrades Monday, introducing remote parental controls and restricting communication features for users under 13.

2 days ago - TechXplore

Roblox announces new safety features following Hindenburg short position

CNBC's Andrew Ross Sorkin reports on news from Roblox.

2 days ago - CNBC Television

Roblox tightens messaging rules for under-13 users amid abuse concerns

Video game maker Roblox said on Monday that it is rolling out safety measures to prevent users under 13 from directly messaging others without parental consent.

2 days ago - Reuters

Roblox Adds Parental Controls After Claims It Compromises Child Safety

Videogame company has denied the allegations and says the new protections were planned before a short seller's report.

2 days ago - WSJ

10 Most Dangerous Stocks To Avoid For 2025

The last decade has been pretty good for the stock market.

7 days ago - Benzinga

Roblox will let game devs personalize thumbnails to attract more players

Roblox is launching thumbnail personalization to help creators attract more users by showing the most relevant thumbnail to each user.

7 days ago - VentureBeat

RBLX BREAKING NEWS: Roblox Corporation Investors that Suffered Losses are Encouraged to Contact RLF About Ongoing Investigation into the Company (NYSE: RBLX)

NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Roblox Corporation...

13 days ago - GlobeNewsWire

Roblox to Add Age Restrictions for Social Hangouts and Unrated Experiences

The gaming platform has added several new safety measures recently in an attempt to mitigate growing concerns over child safety and exploitation.

13 days ago - CNET

Roblox adds safety measures to ban kids under 13 from social spaces and other experiences

Throughout the years, several reports have accused Roblox, the popular gaming platform aimed at preteens, of lacking strict safety protocols for children, which exposes them to dangers such as groomin...

13 days ago - TechCrunch

Top 4 Tech And Telecom Stocks That May Collapse This Month

As of Nov. 4, 2024, four stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: IASSNAPTZOO
16 days ago - Benzinga

RBLX INVESTOR NEWS: Roblox Corporation Investors that Suffered Losses are Encouraged to Contact Rosen Law About Ongoing Investigation into the Company – RBLX

NEW YORK, Nov. 03, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a leading investor rights law firm, continues to investigate Roblox Corporation (NYSE: RBLX) for potential violations of the federal securit...

17 days ago - GlobeNewsWire

Roblox CEO on earnings beat, child safety and Hindenburg short

CNBC's Steve Kovach with Roblox CEO David Baszucki, joins 'Power Lunch' to discuss the company's earnings beat, child safety and Hindenburg short.

19 days ago - CNBC Television

Roblox ‘rising like a phoenix' after ‘outstanding' third-quarter results, Wedbush says

Roblox shares surged following the online-gaming company's third-quarter results Thursday.

19 days ago - Market Watch

Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating Roblox Corporation for potential violations of federal securities laws

NEW YORK, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating...

19 days ago - GlobeNewsWire

Roblox: Blowout Results For Q3 And A Boost To Guidance

Roblox reported a blockbuster Q3'24 with bookings growth soaring 35%, over $100 million above analyst targets. The mobile gaming platform is now a cash flow generation machine despite headlines of lar...

20 days ago - Seeking Alpha

3-Stock Lunch: Microsoft, Uber & Roblox

Aadil Zaman, The Wall Street Alliance Group partner, joins 'Power Lunch' to discuss stock plays for three stocks.

Other symbols: MSFTUBER
20 days ago - CNBC Television

Roblox: Engaging Bigger Kids With Better Content Drives More Payments

Youth-focused video game and metaverse company Roblox is experience a growth spurt. Users over the age of 13 are now a majority of the company's hundreds of millions of users.

20 days ago - PYMNTS

Roblox Corporation (RBLX) Q3 2024 Earnings Call Transcript

Roblox Corporation (NYSE:RBLX) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Stefanie Notaney - Senior Director, Financial and Corporate Communications David Baszu...

20 days ago - Seeking Alpha

Roblox's stock soars on third-quarter bookings beat and raised guidance

Roblox Corp. shares rose 18.7% in premarket trading after the online gaming company reported better-than-expected third-quarter bookings and raised its full-year guidance.

20 days ago - Market Watch

Roblox Reports Strong Results Amid Child Safety Allegations

Roblox reports bookings of $1.13 billion for the third quarter versus analysts' expectations of $1.03 billion.

20 days ago - Barrons