Roblox's second-quarter earnings loom as investors weigh surging revenues, premium valuation and near-term profit headwinds.
Roblox Corp (NYSE:RBLX) is set to report strong financial results for the second quarter, with Jefferis analysts expecting this to be driven by surging engagement, standout new experiences, and continued momentum across its developer ecosystem. “There is no debate Q2 is going to be a very strong quarter for Roblox.
Shares of Roblox Corporation RBLX have witnessed a 78.9% surge in the past three months compared with the industry and the S&P 500's rallies of 27.1% and 15.2%, respectively. On Friday, the stock closed at $118.82, only 7.2% below its 52-week high but 236.6% above its 52-week low.
It's not all fun and games for the video-game industry. There's some serious profit to be had by some of the industry's fastest-rising stars.
RBLX bets big on its developer community as creator payouts surge and new tools drive record earnings momentum.
Wedbush is bullish on Roblox Corp (NYSE:RBLX), calling it the most exciting growth stock in the video game world right now. Why?
Roblox (RBLX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Roblox (RBLX) closed at $118.63 in the latest trading session, marking a -1.31% move from the prior day.
Does Roblox (RBLX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how Roblox (RBLX) and Roku (ROKU) have performed compared to their sector so far this year.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Roblox (RBLX) reached $122.17 at the closing of the latest trading day, reflecting a +2.65% change compared to its last close.