ROBLOX CORPORATION
$NYSE:RBLX
1.2k watching
ROBLOX CORPORATION
$NYSE:RBLX
1.2k watching

Warner Music launching 'Rhythm City' experience on Roblox

Warner Music Group (NASDAQ:WMG) has announced "Rhythm City" - a persistent, music-themed "social roleplay" experience on Roblox (NYSE:RBLX).

Roblox users visiting Rhythm City will get a...

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Roblox Corporation Sees 11.8% Increase in First Trading Session of Week, Releases Strong December Metrics

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Roblox Corporation ended the first trading session of the week with an 11.8% increase - its most significant increase since a dramatic surge in mid-October. This surge was driven by a great report on metrics for September and was followed up by the release of metrics for December,...

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Oppenheimer Initiates Coverage of Roblox Stock with Neutral Perform Rating, Citing Promising Long-Term Focus

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Oppenheimer has recently initiated coverage of Roblox's stock with a Neutral Perform rating, citing the company's promising long-term focus on delivering impactful interactive experiences. Martin Yang, analyst at Oppenheimer, believes the company has "proven success taking share"...

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BofA still bearish but sees softer drop in videogame spending for 2023

A decline in spending on videogames in 2023 is likely to be less than expected, BofA says, given that the bank now expects a softer and later recession than it had predicted, and with a new premium Call of Duty back on track for late in the year.

In an industry...

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Oppenheimer starts on Roblox sidelines, noting bookings growth risks

Roblox (NYSE:RBLX) has a promising long-term focus on delivering impact in interactive experiences - but it faces some risks to growth and ability to monetize audiences, Oppenheimer says in initiating coverage of the stock at a...

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Roblox tumbles on Morgan Stanley downgrade, says bookings surge 'looks priced in'

Roblox (NYSE:RBLX) shares fell nearly 7% in premarket trading on Thursday as Morgan Stanley downgraded the video game company, stating that any reacceleration in bookings "looks priced in."

Analyst...

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37.21 -0.1%
USD, ROBLOX CORPORATION
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. Roblox is increasingly focused on creating a “metaverse” that moves beyond games toward experiences like concerts, education, and even business management.
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