RBLX Stock Recent News

Roblox (RBLX) reachead $36.01 at the closing of the latest trading day, reflecting a +1.35% change compared to its last close.

Shares of online gaming platform Roblox (RBLX) advanced Tuesday after JPMorgan analysts upgraded the stock, saying hesitancy by investors to jump in presented a “compelling entry point.”

Shares of Roblox Corp (NYSE:RBLX) are 5.2% higher at $36.79 at last glance, following a bull note from J.P.

Meta is leveraging AI to boost engagement and monetization of its social media platforms. Roblox's emerging advertising business stands to benefit from its large and engaged user base in the coming years.

Though artificial intelligence (AI) continues to captivate the tech world, you can't ignore the top metaverse stocks to buy. AI essentially picked up the baton from the metaverse and is now the leading tech frontier.

The latest trading day saw Roblox (RBLX) settling at $36.64, representing a -0.05% change from its previous close.

Roblox Corporation is partnering with PubMatic to launch immersive video ads on its platform, targeting major brands and driving revenue growth. The U.S. video game-advertising business is expected to exceed $10 billion in 2025, presenting a significant revenue opportunity for Roblox. Roblox stock trades at only 5.5x EV/S, any dip provides a great buying opportunity.

Roblox (RBLX) reachead $39.80 at the closing of the latest trading day, reflecting a +1.82% change compared to its last close.

Roblox (RBLX) shares were higher Wednesday afternoon, bucking a broader downturn for U.S. equities, after the online gaming platform struck a deal with tech ad firm PubMatic (PUMB) that will provide for media purchases of Roblox's video advertising inventory when it becomes available later this year.

Roblox has hired PubMatic to help ramp up sales of new video advertisements the gaming platform expects to launch later this year, the advertising tech firm said on Wednesday.