logo
#

Latest news with #RBLX

Citigroup Hikes Roblox Corporation (RBLX)'s Price Target To $123, Maintains Buy Rating
Citigroup Hikes Roblox Corporation (RBLX)'s Price Target To $123, Maintains Buy Rating

Yahoo

time4 days ago

  • Business
  • Yahoo

Citigroup Hikes Roblox Corporation (RBLX)'s Price Target To $123, Maintains Buy Rating

Roblox Corporation (NYSE:RBLX) is one of the 13 Best Booming Stocks to Buy Now. On July 11, Citigroup maintained a Buy rating for the stock, while raising its price target to $123 from $100, which reflects an anticipation of continued upside potential, adding to the 81% year-to-date gains already in 2025. A person taking lessons through Roblox Education, expanding their knowledge and skills. The analysts cited robust second-quarter user data from RoMonitor and a favorable verdict on App Store fees as the reason behind the revision. They also highlighted the surge Roblox Corporation (NYSE:RBLX) has had since May after the announcement of Q1 FY25 results, with the market now pricing in an annual EBITDA of approximately $880 million. Citigroup expects April's court ruling requiring Apple to allow third-party payments to be a major tailwind for Roblox Corporation (NYSE:RBLX). Analysts estimate that lower platform fees have the potential to boost EBITDA by between $220 million and $600 million for the company. Roblox Corporation (NYSE:RBLX) offers an immersive platform for communication and connection, allowing users to create, work, learn, play, and connect in experiences developed by its global community of creators. While we acknowledge the potential of RBLX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best German Stocks to Invest in Now and Goldman Sachs Stock Portfolio: 10 Large-Cap Stocks To Buy. Disclosure: None.

2 Best Tech Stocks to Buy in July
2 Best Tech Stocks to Buy in July

Yahoo

time4 days ago

  • Business
  • Yahoo

2 Best Tech Stocks to Buy in July

Stocks have been regaining their momentum, including these two notable examples. Nvidia's key role within the AI ecosystem makes it a stock worth considering right now. Online gaming platform Roblox is growing rapidly, and the stock remains attractive. 10 stocks we like better than Nvidia › The stock market is once again red-hot. As of this writing, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average are up 17%, 23%, and 10%, respectively, over the last three months. With so much optimism surrounding the market, what stocks should investors target right now? Here are two that I think are excellent buys in the month of July. First, there's Roblox (NYSE: RBLX). It operates a popular free-to-play online platform that brings developers and players together through tens of millions of games. Indeed, the company's rapidly growing user base is one of its strongest assets. Since 2022, Roblox's daily average users (DAUs) have increased from about 23 million in 2020 to nearly 98 million now. Not only are Roblox's users growing in number, they're also changing in another crucial way: They are getting older. From its inception, Roblox has been extremely popular among children, with a large proportion of its DAUs being under the age of 13. However, as of its most recent quarter (the three months ended on March 31), 61 million of the company's 98 million DAUs were over the age of 13. That's important for two reasons. First, it demonstrates that Roblox's fan base is staying loyal to the platform even as they grow older and may be tempted to switch to other gaming platforms or give up gaming altogether. Second, and just as importantly, DAUs over the age of 13 have more disposable income meaning they have more resources to spend on in-game purchases, which is how Roblox derives the majority of its revenue. In addition to in-game purchasing, Roblox is also diversifying its sources of revenue. The company has embarked on several new monetization initiatives including selling merchandise, incorporating in-game advertising, and experimenting with paid access for certain games. Despite all these positives, Roblox stock isn't for every investor or investment portfolio. Any setback or disappointment in user growth, revenue, or guidance could send shares tumbling. That said, growth investors with a long-term investment horizon would be smart to consider Roblox stock now. Then, there's Nvidia (NASDAQ: NVDA). It should come as no surprise why Nvidia makes the cut as a stock worthy of buying this month. For starters, as of this writing, Nvidia is now the largest company in the world, with a market cap exceeding $4 trillion. In short, the company has soared in value thanks to its key role within the artificial intelligence (AI) ecosystem. Specifically, Nvidia remains the leader in graphics processing unit (GPU) design. In turn, fellow tech giants like Alphabet, Meta Platforms, and Tesla are all buying tremendous amounts of GPUs from Nvidia as they race to develop their AI infrastructure. Nvidia's financials paint a stunning picture. The company's trailing-12-month revenue now stands at $149 billion, up from around $26 billion less than three years ago. Similarly, the company's net income has soared. It now stands at $77 billion, up from $4 billion in 2023. What's more, sell-side analysts agree Nvidia is far from done growing. According to estimates compiled by Yahoo! Finance, Nvidia's annual revenue should increase to nearly $200 billion for fiscal 2026 (the 12 months ending on Jan. 25, 2026), while the company's fiscal 2027 revenue should rise to more than $250 billion. Granted, projections are not reality, and Nvidia could fall short of these lofty expectations. In addition, larger economic concerns or some unforeseen development could lead to a downturn in Nvidia's fortunes. However, over the long term, I'm convinced that Nvidia and its prime position within the AI ecosystem will deliver value for shareholders. It remains a stock worth considering right now. Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $680,559!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,005,670!* Now, it's worth noting Stock Advisor's total average return is 1,053% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jake Lerch has positions in Alphabet, Nvidia, Roblox, and Tesla. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, Nvidia, Roblox, and Tesla. The Motley Fool has a disclosure policy. 2 Best Tech Stocks to Buy in July was originally published by The Motley Fool

Roblox (RBLX) Suffers a Larger Drop Than the General Market: Key Insights
Roblox (RBLX) Suffers a Larger Drop Than the General Market: Key Insights

Yahoo

time11-07-2025

  • Business
  • Yahoo

Roblox (RBLX) Suffers a Larger Drop Than the General Market: Key Insights

Roblox (RBLX) closed the most recent trading day at $104.94, moving -2.62% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq appreciated by 0.03%. Shares of the online gaming platform witnessed a gain of 15.35% over the previous month, beating the performance of the Consumer Discretionary sector with its gain of 5.29%, and the S&P 500's gain of 3.94%. The investment community will be paying close attention to the earnings performance of Roblox in its upcoming release. The company is slated to reveal its earnings on July 31, 2025. The company's upcoming EPS is projected at -$0.36, signifying a 12.50% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1.22 billion, reflecting a 27.52% rise from the equivalent quarter last year. For the annual period, the Zacks Consensus Estimates anticipate earnings of -$1.38 per share and a revenue of $5.43 billion, signifying shifts of +4.17% and +24.22%, respectively, from the last year. Investors should also pay attention to any latest changes in analyst estimates for Roblox. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2% increase. As of now, Roblox holds a Zacks Rank of #2 (Buy). The Gaming industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 67, putting it in the top 28% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Roblox Corporation (RBLX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

Why Roblox Stock Jumped Almost 21% Higher in June
Why Roblox Stock Jumped Almost 21% Higher in June

Yahoo

time05-07-2025

  • Business
  • Yahoo

Why Roblox Stock Jumped Almost 21% Higher in June

Analysts fell over themselves publishing bullish updates on the video game company. One of its titles set a new record for the number of users playing it concurrently. 10 stocks we like better than Roblox › One of the big stock success stories in recent times is the surge in popularity of Roblox (NYSE: RBLX) stock, which reached the vaunted level of $100 per share for the first time in its history as a stock. This was helped by a nearly 21% surge across the month of June, thanks largely to the surge in popularity of one of its titles, plus a clutch of positive new analyst takes on the online video game company. Roblox, whose stock was on a tear even before it reported market-pleasing first-quarter results at the start of May, was indisputably a pundit favorite the following month. More than a few prognosticators tracking the stock issued positive updates on its prospects, with several raising their price targets. Among the more assertive raisers was Piper Sandler analyst Thomas Champion, who early in the month lifted his price target to $105 per share, well up from his preceding $85. In doing so, he maintained his overweight (read: buy) recommendation on the stock. According to sources, Champion based his adjustment on what he feels is the company's improvements in introducing and promoting content on its sprawling portal. As an example of this effectiveness, he cited a monster recent hit for the platform, called Grow a Garden, which is currently a massively popular title for the company. Given this success, the analyst believes Roblox shouldn't have much of a problem delivering more hit games that resonate with its audience, still comprised largely of children. Speaking of Grow a Garden, its explosive growth was no small reason for Roblox stock's June surge. Another June analysis, from Barclays, pointed out that the game has passed 12 billion lifetime visits since its launch in late March -- a rapid and intense take-up figure by any standard. During June, the bank wrote, Grow a Garden also surpassed Fortnite as the game played by the highest number of users concurrently. Roblox remains an exciting stock even after its big move northward in price. In many ways, it's a unique company, fusing elements of video games, social media, and a thriving in-platform economy. It's a go-to site for very young users, thanks to its appealing and generally kid-friendly titles, as well as the ability to chat with fellow users in the games. The company's finances could be better; however, it is growing where it counts. In its most recently reported quarter, the ever-important average daily active user (DAU) number leaped 26% higher year over year to almost 98 million (!), while revenue growth topped that percentage, with a 29% rise to more than $1 billion. Before you buy stock in Roblox, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Roblox wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $699,558!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $976,677!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Roblox. The Motley Fool recommends Barclays Plc. The Motley Fool has a disclosure policy. Why Roblox Stock Jumped Almost 21% Higher in June was originally published by The Motley Fool 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

Are You Looking for a Top Momentum Pick? Why Roblox (RBLX) is a Great Choice
Are You Looking for a Top Momentum Pick? Why Roblox (RBLX) is a Great Choice

Yahoo

time03-07-2025

  • Business
  • Yahoo

Are You Looking for a Top Momentum Pick? Why Roblox (RBLX) is a Great Choice

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Roblox (RBLX), a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Roblox currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if RBLX is a promising momentum pick, let's examine some Momentum Style elements to see if this online gaming platform holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For RBLX, shares are up 3.43% over the past week while the Zacks Gaming industry is up 3.43% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 12.44% compares favorably with the industry's 6.49% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Roblox have increased 78.68% over the past quarter, and have gained 171.12% in the last year. In comparison, the S&P 500 has only moved 10.24% and 14.41%, respectively. Investors should also take note of RBLX's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, RBLX is averaging 8,622,222 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with RBLX. Over the past two months, 5 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost RBLX's consensus estimate, increasing from -$1.41 to -$1.35 in the past 60 days. Looking at the next fiscal year, 4 estimates have moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that RBLX is a #2 (Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Roblox on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Roblox Corporation (RBLX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

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