|Bid||40.80 x 800|
|Ask||40.86 x 800|
|Day's Range||39.38 - 40.49|
|52 Week Range||23.88 - 53.88|
|Beta (5Y Monthly)||1.76|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 07, 2023 - Aug 11, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||42.44|
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Despite the market's recent volatility, some companies are offering investors sizzling stories worthy of consideration.
I'm no fan of the saying, "Sell in May and go away." Unsurprisingly, and in keeping with The Motley Fool's guidance, I tend to hold stocks for the long term. In fact, rather than selling in May, I'm adding shares to my portfolio this month.
Roblox (NYSE: RBLX) is an online gaming platform that lets users play games in various virtual 3D worlds. The large community aspect of Roblox has made it a huge hit among children and adult video game enthusiasts. Roblox went public in March 2021 at $62.50 per share, and by November 2021 its stock price was over $130.
While the Nasdaq Composite index is up roughly 21.5% this year, it also remains down roughly 21% from its all-time high. Growth stocks are still in bear market territory, and many companies that saw big valuation boosts at the height of the pandemic continue to trade at massive discounts compared to previous highs. In addition to bullish catalysts created by stimulus initiatives and low interest rates, many software companies saw engagement catalysts from shelter-in-place and social-distancing conditions.
Editor’s note: “Thanks to VR, the Metaverse Is Still Destined for Greatness” was previously published in September 2022. It has since been updated to include the most relevant information available. Amid the economic chaos of 2022, investors have all but forgotten about VR and the once-promising metaverse. Since late 2021, Google search interest in the metaverse has collapsed by over 90%. And stocks like Roblox (RBLX) and Meta (META) have been absolutely crushed. InvestorPlace - Stock Market New
When growth stocks were in a bull run, it seemed like the stock market was printing money. It has been a great 2023 for Shopify's (NYSE: SHOP) stock, up over 70% year to date. Shopify's lackluster 2022 can be attributed to macroeconomic conditions, with high inflation slowing down consumer spending (especially on non-essential items that Shopify's merchants tend to sell).
Investors looking at purchasing growth stocks have two excellent options in Roblox (NYSE: RBLX) and The Trade Desk (NASDAQ: TTD). Fool.com contributor and finance professor Parkev Tatevosian picks his favorite.
At its annual developers conference, Google's parent company reminded everyone how it got to be one of the most dominant businesses in the U.S.
After initially sending shares lower, investors changed their minds and pushed Roblox (NYSE: RBLX) stock higher following its recent first-quarter earnings report. The online gaming platform provided support for both the bullish and bearish thesis on the stock, with good news on engagement offset by significant net losses. Let's take a closer look at those growth and financial trends, and what they might mean for this tech stock.
Metaverse stocks are nowhere near as popular as they were a few years ago. They’re seen as high-risk now. Rewind to late-2021 and it was just as easy to speculate that they were a surefire ticket to riches. At that time, investors were scrambling to understand what the metaverse was, and what it could be. Indeed, this space was one which promised a new future, and one which could be monetized. Now, investors aren’t so sure. Metaverse stocks then reached a frenzied pitch when Meta Platforms (NASD
Gaming platform company Roblox (NYSE: RBLX) is an exciting stock to look at right now. Despite being down 71% from its late 2022 high, the business performance over the past year has me thinking now might be the best time to pick up shares. When Roblox came public in early 2021, one of the biggest questions surrounding the business was how sticky the platform would be as its users get older.
Discover how a pair of beaten-down stocks are poised for a major comeback. A $2,000 investment today could earn substantial returns over the long haul.
This is a big market for content platforms like Roblox (NYSE: RBLX) and leading gaming peripheral brands like Corsair Gaming (NASDAQ: CRSR). If you're interested in adding a gaming stock to your portfolio, here's why these two stocks would be great choices in May. Roblox saw its platform continue to welcome new users over the last year, but the company's financial results were somewhat lacking.
Roblox Corporation ( NYSE:RBLX ) shareholders might be concerned after seeing the share price drop 14% in the last...
Roblox stock rallied after the company's Q1 earnings miss. Is RBLX stock a buy right now in today's stock market?
Fueled by strong gaming demand, Roblox Corporation (NASDAQ: RBLX), an online multiplayer game where players build their own games and socialize with friends, published its quarterly daily active users count reached a new record, resulting in higher revenue but also sharper than expected results. Confirmation Of A Gaming Sector Rebound Roblox’s results followed good news from videogame publisher Electronic Arts Inc (NASDAQ: EA) and game maker Activision Blizzard Inc (NASDAQ: ATVI) who is waiting
Depending on who you talk to, the metaverse is already dead. Epic Games CEO Tim Sweeney recently published a brief obituary and open wake invitation for the tech movement in a message on Twitter -- but be sure to read it with your sarcasm detectors piqued and fully up to date. The metaverse is dead!
Ads inside Roblox games weren’t adequately marked as such, the Children’s Advertising Review Unit says.
Gaming firm Roblox does not have a long history as a publicly held firm but the charts of the stock now look appealing. Let's check. In this daily bar chart of RBLX, below, I see that the stock has largely traded sideways the past 12 months.
It might be time to load up on riskier bets, so discussing the best metaverse stocks to buy in May is relevant. The S&P 500 delivered a 1.4% gain last month, with inflation cooling off and signs that the interest rate hike cycle could soon draw to a close. As we glide into May, investors should feel more optimistic, hoping to sustain the market’s bullish early-year momentum. In their quest for the next market phenomenon, investors set their sights on the massive metaverse market, a digital realm
Week to date, shares of Roblox (NYSE: RBLX) were up 13.8% through Thursday's closing price, according to data provided by S&P Global Market Intelligence. Earlier in the week, the gaming platform announced first-quarter earnings results. It beat the consensus analyst estimate for bookings (a non-GAAP measure of revenue).
Fool.com contributor and finance professor Parkev Tatevosian deciphers Roblox's (NYSE: RBLX) latest figures and shares his insights in this video. *Stock prices used were the afternoon prices of May 9, 2023.
Online gaming company Roblox posted a wider-than-expected loss for its first quarter, but analysts like slowing increases in headcount and compensation, and ad initiatives.
U.S. stocks closed mostly higher on Wednesday, led by a tech rally after data showed that April's consumer price index cooled to its lowest annual rate in nearly two years.
Roblox's (RBLX) first-quarter 2023 results reflect a year-over-year decline in earnings and rise in revenues.