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Roblox
RBLX

$36.16
0.32%
 

About: Roblox operates an online video game platform that lets young gamers create, develop, and monetize games (or "experiences") for other players. The firm effectively offers its developers a hybrid of a game engine, publishing platform, online hosting and services, marketplace with payment processing, and social network. The platform is a closed garden that Roblox controls, earning revenue in multiple places while benefiting from outsourced game development. Unlike traditional video game publishers, Roblox is more focused on the creation of new tools and monetization techniques for its developers then creating new games or franchises.

Employees: 2,457

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 31 analysts
0
News positive %
of 131 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

37% more call options, than puts

Call options by funds: $896M | Put options by funds: $652M

21% more repeat investments, than reductions

Existing positions increased: 211 | Existing positions reduced: 174

0.01% more ownership

Funds ownership: 72.84% [Q4 2023] → 72.86% (+0.01%) [Q1 2024]

5% less funds holding

Funds holding: 644 [Q4 2023] → 612 (-32) [Q1 2024]

15% less capital invested

Capital invested by funds: $19.1B [Q4 2023] → $16.2B (-$2.92B) [Q1 2024]

17% less funds holding in top 10

Funds holding in top 10: 24 [Q4 2023] → 20 (-4) [Q1 2024]

27% less first-time investments, than exits

New positions opened: 86 | Existing positions closed: 118

Research analyst outlook

31 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$26
28%
downside
Avg. target
$45
25%
upside
High target
$57
58%
upside

31 analyst ratings

22 positive
71%
neutral
26%
negative
3%
Macquarie
Aaron Lee
27%upside
$46
Outperform
Initiated
14 Jun 2024
Wells Fargo
Ken Gawrelski
13%upside
$41
Overweight
Maintained
13 Jun 2024
Roth MKM
Eric Handler
3%downside
$35
Neutral
Downgraded
14 May 2024
Goldman Sachs
Eric Sheridan
5%upside
$38
Neutral
Maintained
13 May 2024
BMO Capital
Brian Pitz
55%upside
$56
Outperform
Reiterated
13 May 2024

Financial journalist opinion

Based on 131 articles about RBLX published over the past 30 days