Roblox Stock News

Roblox Corp (NYSE:RBLX) was downgraded to "underperform" from "hold" by Jefferies, which viewed its 30% rally following second-quarter results as overly optimistic about bookings over the next 12 months. The broker maintained its $38 price target, implying 18% downside and a valuation of 19 times its financial year 2027 EBITDA estimate.

Roblox stock declines as Wall Street believes investors could be misreading the videogame company's business trajectory.

Criminals are trying to glean login details to harvest players' in-game currency and personal data

Roblox (RBLX) stock is ripping higher on September 14th on the back of bullish analyst notes and optimism around platform algorithm tweaks following developments at the recent RDC conference. As investors cheered RBLX, it rallied past its 100-day moving average (MA) today, indicating the bullish momentum could actually sustain in the near-term.

Roblox plans to let creators distribute their games as standalone apps across mobile, PC and consoles, ​the company said at its developers conference ‌on Friday, as it seeks to make games easier to access beyond the Roblox app.

SAN MATEO, Calif.--(BUSINESS WIRE)--Roblox Corporation (NYSE: RBLX) today announced new innovations at its 12th annual Roblox Developers Conference (RDC), an invite-only event for Roblox's creator community of developers, artists, designers, brands, and influencers. Celebrating 20 years of platform innovation alongside its community, the company unveiled updates that aim to expand play, give cr...

At its annual Roblox Developer Conference (RDC), the company behind the popular gaming platform announced several new features, including new game-creation tools, expanded NPC (non-player character) capabilities, and the ability to make games available across platforms, including the web. The company is also launching a dedicated Roblox Card and Roblox Wallet for creators.

Gaming Realms PLC (LSE:GMR, OTCQX:PSDMF, FRA:RNE1), the AIM-listed developer and licensor of mobile gaming content, said it was well positioned to build on its momentum and deliver further growth across new and existing markets. The company's UK business proved resilient, with revenues up 3% despite the near doubling of Remote Gaming Duty to 40% from 1 April.