RobloxRBLX
Market Cap: $28.2B
About: 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.
Employees: 2,457
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
54% more call options, than puts
Call options by funds: $847M | Put options by funds: $550M
20% more funds holding in top 10
Funds holding in top 10: 20 [Q1] → 24 (+4) [Q2]
18% more repeat investments, than reductions
Existing positions increased: 211 | Existing positions reduced: 179
0% less funds holding
Funds holding: 621 [Q1] → 620 (-1) [Q2]
1% less first-time investments, than exits
New positions opened: 92 | Existing positions closed: 93
4.29% less ownership
Funds ownership: 78.31% [Q1] → 74.02% (-4.29%) [Q2]
6% less capital invested
Capital invested by funds: $17.4B [Q1] → $16.3B (-$1.1B) [Q2]
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Macquarie Aaron Lee 100% 1-year accuracy 2 / 2 met price target | 15%upside $50 | Outperform Maintained | 5 Aug 2024 |
Roth MKM Eric Handler 86% 1-year accuracy 24 / 28 met price target | 1%downside $43 | Neutral Maintained | 2 Aug 2024 |
Goldman Sachs Eric Sheridan 60% 1-year accuracy 33 / 55 met price target | 3%upside $45 | Neutral Maintained | 2 Aug 2024 |
Benchmark Mike Hickey 74% 1-year accuracy 48 / 65 met price target | 1%upside $44 | Buy Maintained | 2 Aug 2024 |
Barclays Ross Sandler 59% 1-year accuracy 19 / 32 met price target | 8%downside $40 | Equal-Weight Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 38 articles about RBLX published over the past 30 days