RBLX Stock Recent News

Roblox's NYSE: RBLX price plunge is an opportunity for robust gains because there is no good reason for the 20% decline, and the fundamental factors driving the business remain intact. The only bad news is that revenue growth failed to beat the high bar set by analysts, and the outlook confirms general malaise in the gaming industry.

Roblox (RBLX) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.46. This compares to loss of $0.52 per share a year ago.

Roblox shares plummeted more than 16% on disappointing fourth-quarter bookings and daily active user figures. Daily active users came in at 85.3 million, versus a StreetAccount estimate of 88.2 million.

Roblox, the online gaming platform, misses analysts' targets for fourth-quarter bookings and daily active users.

Roblox forecast annual bookings below market estimates on Thursday, sparking fears growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 26% in premarket trading.

Video game stock Roblox Corp (NYSE:RBLX) is up 1.3% at $74.75 at last glance, trading at three-year highs ahead and extending its 85.4% year-over-year gain ahead of earnings.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Kartoon Channel's Gaming Challenge UK Brings Thrilling Roblox Competitions to the Big Screen, Featuring British Kids Competing For Amazing Prizes

LONDON--(BUSINESS WIRE)--Voldex, the premier home for top games on Roblox, has acquired Brookhaven, the largest life simulation title on the platform .

RBLX's fourth-quarter 2024 results are likely to reflect growth in bookings and daily active users, despite facing margin pressure.