Roblox Stock News

Roblox (RBLX -1.70%) stock looks to have finally returned to growth. After years of range-bound trading following its massive drop in 2022, the stock has risen by more than 180% over the last year as games such as Grow a Garden have helped revive the popularity of the metaverse platform.

I'll admit it: There aren't a lot of stocks I'm interested in adding to my portfolio right now. Either they're too expensive, or their future's too cloudy, or they're clearly vulnerable.

Bragar Eagel & Squire, P.C. Litigation Partner  Brandon Walker  Encourages Investors Who Suffered Losses In Roblox (RBLX) To Contact Him Directly To Discuss Their Options

The company recently posted 21% year-over-year revenue growth to $1.1 billion.

Roblox Corp (NYSE:RBLX) shares added almost 8% at about $126 on Monday morning after the gaming platform saw bullish commentary from several analysts, citing its strong user growth and monetization prospects. On Friday, Wolfe Research analysts upped their rating on the stock to ‘Buy' from ‘Hold' and increased their price target to $150, while earlier this month Oppenheimer boosted its price tar...

Roblox (RBLX 7.62%), which operates an online gaming platform especially popular with teens and younger kids, saw its stock jump 7.8% through 11:20 a.m. ET Monday after receiving a positive appraisal from Wedbush analyst Alicia Reese.

The video game industry is a hulking beast these days, but Roblox (RBLX 2.37%) has excellent potential to be a real monster. Many market players have been justifiably impressed by the company's double-digit revenue and booking improvements lately, However, I think they're missing a broader dynamic that alone will produce powerful growth for a very long time to come.

Shweta Khajuria of Wolfe Research upgrades Roblox to Outperform and sets a price target of $150.