Roblox Stock News

Roblox earned a bullish initiation report on Friday as the company positions itself for the virtual worlds of the coming metaverse.

Roblox An Early Leader In Digital Creator Marketplace, Says Deutsche Bank

Deutsche Bank has started coverage of Roblox (RBLX) at a Buy - joining a bullish analyst camp that''s only gotten bigger lately as the stock has pulled back.Some 11 covering analysts…

Here are the biggest calls on Wall Street on Friday.

While the online gaming platform has struggled with slower growth, analysts believe the company will come out of the pandemic "structurally stronger."

Jefferies cut its price target on Roblox -- and perhaps for good reason.

One of the most popular games on computers and mobile devices could see increasing engagement on consoles soon if a job posting leads to the expansion of the franchise. What Happened: A job posting from Roblox Corp (NYSE: RBLX ) is picking up steam across technology sites as it could mean the hit game could soon be added to PlayStation 4 and PlayStation 5 consoles from Sony Group Corp (NYSE: SONY ). Roblox is a free-to-play game that was launched in 2006 for the PC and was later added to mobile phones using the Apple Inc (NASDAQ: AAPL ) iOS store and Google Play store from Alphabet Inc (NASDAQ: GOOG )(NASDAQ: GOOGL ) in 2012 and 2014, respectively. The game is also playable on the Xbox One console from Microsoft Corporation (NASDAQ: MSFT ). It was added in 2015. To date, the game has remained absent from Nintendo and Sony consoles. A … Full story available on Benzinga.com

Roblox Corp (NYSE: RBLX ) is trading lower Thursday after Jefferies analyst Andrew Uerkwitz maintained the stock with a Hold rating and lowered the price target from $60 to $50. The Jefferies analyst believes the firm has enough data to update its revenue build by geography segment using user engagement and bookings per user hour. "This analysis gets us to cautiously optimistic," Uerkwitz said, noting that the next few months of … Full story available on Benzinga.com

The company is unlikely to repeat its pandemic-level growth anytime soon.

NEW YORK, March 09, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Embark Technology, Inc. (NASDAQ: EMBK), Tecnoglass, Inc. (NASDAQ: TGLS), Roblox Corp. (NYSE: RBLX), and Informatica, Inc. (NYSE: INFA). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.

A new job posting from Roblox hints that the company’s loose plans to expand to Sony’s gaming console are getting much closer to becoming a reality. The listing seeks a PlayStation console senior software engineer to develop a Roblox app for PlayStation — hardware that Roblox’s game platform-within-a-platform has yet to reach. The listing notes […]

Roblox is a hugely popular game — nearly 50 million users play it every day, according to Roblox (the company) — and that’s in part because it’s free and available on many different platforms, including iOS, Android, PC, and Xbox. One very conspicuous absence from that list is PlayStation, but that could be changing sometime soon, as Roblox has posted a job listing for a “Senior Software Engineer, PlayStation Console.” “As a Gaming Console Software Engineer , you’ll help build and support our game engine used by millions of users worldwide for the Sony PlayStation platform, and other leading gaming consoles on the market,” Roblox says in the listing (emphasis Roblox’s). The listing also says one of the job’s responsibilities is to… Continue reading…

The company is getting a lot of attention because of the rise in popularity of the metaverse.

The popular gaming platform has plenty of growth opportunities, but can Roblox capitalize on them?