RobloxRBLX
Market Cap: 25.9B
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
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
30 Wall Street Analysts provided 1 year price forecasts over the past 6 months
30 analyst ratings
Jefferies Andrew Uerkwitz | 4%upside $42 | Hold Assumed | 11 Jul 2024 |
Wells Fargo Ken Gawrelski | 6%upside $43 | Overweight Maintained | 8 Jul 2024 |
Macquarie Aaron Lee | 14%upside $46 | Outperform Initiated | 14 Jun 2024 |
Wells Fargo Ken Gawrelski | 1%upside $41 | Overweight Maintained | 13 Jun 2024 |
Roth MKM Eric Handler | 14%downside $35 | Neutral Downgraded | 14 May 2024 |
Financial journalist opinion
Based on 270 articles about RBLX published over the past 30 days