logo
Roblox (RBLX) Gets a Buy from J.P. Morgan

Roblox (RBLX) Gets a Buy from J.P. Morgan

J.P. Morgan analyst Cory Carpenter maintained a Buy rating on Roblox on July 31 and set a price target of $150.00. The company's shares closed yesterday at $125.03.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Carpenter covers the Communication Services sector, focusing on stocks such as Roblox, Roku, and Take-Two. According to TipRanks, Carpenter has an average return of -2.3% and a 38.01% success rate on recommended stocks.
In addition to J.P. Morgan, Roblox also received a Buy from Needham's Bernie McTernan in a report issued yesterday. However, on the same day, Barclays maintained a Hold rating on Roblox (NYSE: RBLX).
Based on Roblox's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.04 billion and a GAAP net loss of $215.06 million. In comparison, last year the company earned a revenue of $801.3 million and had a GAAP net loss of $270.6 million
Based on the recent corporate insider activity of 242 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RBLX in relation to earlier this year. Most recently, in June 2025, David Baszucki, the President & CEO of RBLX bought 3.00 shares for a total of $301.32.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Earnings To Watch: Assurant (AIZ) Reports Q2 Results Tomorrow
Earnings To Watch: Assurant (AIZ) Reports Q2 Results Tomorrow

Yahoo

time8 minutes ago

  • Yahoo

Earnings To Watch: Assurant (AIZ) Reports Q2 Results Tomorrow

Insurance services company Assurant (NYSE:AIZ) will be reporting results this Tuesday afternoon. Here's what investors should know. Assurant met analysts' revenue expectations last quarter, reporting revenues of $3.07 billion, up 6.7% year on year. It was a strong quarter for the company, with a solid beat of analysts' EPS estimates and an impressive beat of analysts' net premiums earned estimates. Is Assurant a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Assurant's revenue to grow 6.5% year on year to $3.11 billion, in line with the 7.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $4.45 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Assurant has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 2% on average. Looking at Assurant's peers in the property & casualty insurance segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Mercury General delivered year-on-year revenue growth of 13.2%, beating analysts' expectations by 2%, and Allstate reported revenues up 6%, falling short of estimates by 0.7%. Mercury General's stock price was unchanged after the resultswhile Allstate was up 5.7%. Read our full analysis of Mercury General's results here and Allstate's results here. The euphoria surrounding Trump's November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the property & casualty insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4% on average over the last month. Assurant is down 2.6% during the same time and is heading into earnings with an average analyst price target of $233.20 (compared to the current share price of $186.48). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

What To Expect From Yum China's (YUMC) Q2 Earnings
What To Expect From Yum China's (YUMC) Q2 Earnings

Yahoo

time38 minutes ago

  • Yahoo

What To Expect From Yum China's (YUMC) Q2 Earnings

Fast-food company Yum China (NYSE:YUMC) will be announcing earnings results this Tuesday morning. Here's what investors should know. Yum China missed analysts' revenue expectations by 3.7% last quarter, reporting revenues of $2.98 billion, flat year on year. It was a softer quarter for the company, with a miss of analysts' EBITDA estimates and a slight miss of analysts' EPS estimates. Is Yum China a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Yum China's revenue to grow 4.6% year on year to $2.80 billion, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.59 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Yum China has missed Wall Street's revenue estimates six times over the last two years. Looking at Yum China's peers in the traditional fast food segment, some have already reported their Q2 results, giving us a hint as to what we can expect. El Pollo Loco delivered year-on-year revenue growth of 3%, beating analysts' expectations by 0.6%, and Domino's reported revenues up 4.3%, in line with consensus estimates. El Pollo Loco traded up 1.4% following the results while Domino's was also up 3%. Read our full analysis of El Pollo Loco's results here and Domino's results here. The euphoria surrounding Trump's November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the traditional fast food stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.6% on average over the last month. Yum China is down 2.3% during the same time and is heading into earnings with an average analyst price target of $58.21 (compared to the current share price of $46.50). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio

Earnings To Watch: RingCentral (RNG) Reports Q2 Results Tomorrow
Earnings To Watch: RingCentral (RNG) Reports Q2 Results Tomorrow

Yahoo

time38 minutes ago

  • Yahoo

Earnings To Watch: RingCentral (RNG) Reports Q2 Results Tomorrow

Office and call centre communications software provider RingCentral (NYSE:RNG) will be reporting results this Tuesday afternoon. Here's what investors should know. RingCentral met analysts' revenue expectations last quarter, reporting revenues of $612.1 million, up 4.8% year on year. It was a mixed quarter for the company, with a decent beat of analysts' EBITDA estimates but a miss of analysts' billings estimates. Is RingCentral a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting RingCentral's revenue to grow 4.2% year on year to $617.7 million, slowing from the 9.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.02 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. RingCentral has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 0.6% on average. Looking at RingCentral's peers in the productivity software segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Five9 delivered year-on-year revenue growth of 12.4%, beating analysts' expectations by 2.9%, and ServiceNow reported revenues up 22.4%, topping estimates by 2.9%. Five9 traded down 6.1% following the results while ServiceNow was up 4.3%. Read our full analysis of Five9's results here and ServiceNow's results here. The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the productivity software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5% on average over the last month. RingCentral is down 19.7% during the same time and is heading into earnings with an average analyst price target of $33.29 (compared to the current share price of $23.75). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store