RobloxRBLX
About: Roblox operates an online video game platform with 80 million daily active users that lets young gamers create, develop, and monetize games (or "experiences") for other players. The firm 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 $3.5 billion in bookings in 2023 through in-game purchases and advertising 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 than creating new games or franchises.
Employees: 2,457
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
38% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 72
19% more capital invested
Capital invested by funds: $17.4B [Q2] → $20.7B (+$3.27B) [Q3]
11% more call options, than puts
Call options by funds: $1.04B | Put options by funds: $935M
10% more repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 194
8% more funds holding in top 10
Funds holding in top 10: 24 [Q2] → 26 (+2) [Q3]
4% more funds holding
Funds holding: 626 [Q2] → 653 (+27) [Q3]
0.92% less ownership
Funds ownership: 79.09% [Q2] → 78.17% (-0.92%) [Q3]
Research analyst outlook
23 Wall Street Analysts provided 1 year price targets over the past 3 months
23 analyst ratings
Citigroup Jason Bazinet 71% 1-year accuracy 10 / 14 met price target | 22%upside $63 | Buy Maintained | 5 Nov 2024 |
Deutsche Bank Benjamin Black 59% 1-year accuracy 10 / 17 met price target | 16%upside $60 | Buy Maintained | 4 Nov 2024 |
Morgan Stanley Matthew Cost 67% 1-year accuracy 2 / 3 met price target | 26%upside $65 | Overweight Upgraded | 4 Nov 2024 |
Wells Fargo Ken Gawrelski 60% 1-year accuracy 26 / 43 met price target | 13%upside $58 | Overweight Maintained | 1 Nov 2024 |
Barclays Ross Sandler 56% 1-year accuracy 14 / 25 met price target | 3%downside $50 | Equal-Weight Maintained | 1 Nov 2024 |
Financial journalist opinion
Based on 75 articles about RBLX published over the past 30 days
