how do you buy roblox stock

How to buy stocks in Roblox Corporation.

• Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
• Open your brokerage account. Complete an application with your details.
• Confirm your payment details. Fund your account.
• Research the stock. Find the stock by name or ticker symbol – RBLX – and research it before deciding if it's a good investment for you.
• Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a ...

Full Answer

Should you invest in Roblox stock right now?

How to buy Roblox stock Since Roblox is listing directly, there won’t be any pre-IPO placement of shares. After the stock gets listed, you can place a market or limit order through your broker....

Is Roblox stock a smart investment?

Dec 19, 2020 · How to buy stocks in Roblox Corporation Compare stock trading platforms. Use our comparison table to help you find a platform that fits you. Open your brokerage account. Complete an application with your details. Confirm your payment details. Fund your account. Research the stock. Find the stock by ...

Is Roblox worth investing in?

Roblox price target. What analysts think RBLX will be worth. Low $36.04. High $141.60. Current $37.27. Target $64.25.

Is it too late to buy Roblox stock?

Roblox Stock Is Right on the Edge of Being a Buy Apr. 12, 2022 at 10:08 a.m. ET on InvestorPlace.com 7 Metaverse Penny Stocks to Add to Your 10X Watchlist

Can I invest in Roblox?

How To Buy Roblox. You can purchase Roblox by setting up an online brokerage account or using an IRA to choose your stock market investment.Jul 27, 2021

How much does it cost to buy Roblox stock?

Put in an order to purchase Roblox. When you do, you'll specify that you want to spend $1 to buy the stock. And make sure the brokerage you choose doesn't charge a commission on trades. Most discount online brokers have eliminated trading fees.Sep 1, 2021

Is Roblox stocks a good buy?

Roblox stock is one of the top metaverse stocks to watch in the current stock market rally. The video game platform boasts solid sales growth in recent quarters amid the company's potential in the emerging metaverse investing theme. Shares are now pulling back sharply and are significantly off their 52-week high.4 days ago

Why did Roblox stock drop?

Investors lost confidence in Roblox ( RBLX -0.75% ) in the second month of 2022 after the company reported underwhelming revenue and user growth for the fourth quarter of 2021. According to data from S&P Global Market Intelligence, shares of the gaming platform dropped 21.7% in February.Mar 2, 2022

Why is Roblox stocks going down?

Roblox reported a record number of daily active users and hours engaged for the fourth quarter, but shares were sinking after the company disclosed a wider-than-expected loss.Feb 16, 2022

Is RBLX a buy or sell?

Roblox has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 10 buy ratings, 5 hold ratings, and 1 sell rating.

Is Roblox stock expected to go up?

Stock Price Forecast The 16 analysts offering 12-month price forecasts for Roblox Corp have a median target of 60.00, with a high estimate of 100.00 and a low estimate of 45.00. The median estimate represents a +62.38% increase from the last price of 36.95.

How much is Roblox worth in 2020?

Roblox recently announced that its revenues in the first 3 quarters of 2020 reached $613.9 million, more than $25 million than the company’s previous estimate of $588.7 million.

When was Roblox created?

Roblox, an online gaming platform created in 2004, allows users to design and create multiplayer games and share them with friends and other users. Roblox offers a free-to-play multiplayer program supported through in-game purchases using “Robux,” the platform’s digital currency.

How much money did Roblox raise in 2020?

In February 2020, the company raised $150 million in Series G, led by venture capital firm Andreessen Horowitz. Roblox currently has an estimated valuation of $29.5 billion, with its most recent fundraising effort drawing in $520 million in a new round of funding that occurred in January 2021. Roblox has a history of successful fundraising efforts ...

Is Roblox an IPO?

Roblox has opted for a direct listing rather than a traditional IPO, which means that shares will be sold at whatever rate the market determines they’re worth. This means that it can be more difficult to judge how much you’ll pay per share before Roblox’s shares go public.

What is Benzinga's weighted scale?

For brokerage reviews, Benzinga created a weighted scale based on the following criteria: usability, services offered, customer service, education, research, mobile app, account minimums and fees. We aim to provide the most up-to-date, impactful and trustworthy reviews. For an in-depth look at our process, read the full methodology process.

When is Roblox listing?

Roblox was previously looking at a direct listing in Feb, 2021, but then delayed it to March. In its most recent filing, the company said that the direct listing would be around Mar. 10, and its ticker has appeared today, Mar. 8. Roblox is listing just as high-growth but loss-making U.S. stocks have fallen from their peaks.

How to buy Roblox stock

Since Roblox is listing directly, there won’t be any pre-IPO placement of shares. After the stock gets listed, you can place a market or limit order through your broker. Roblox's trading on its direct listing day will likely be similar to that of any other publicly traded stock.

Will Roblox be on Robinhood?

Robinhood trading app is very popular, especially among retail millennial investors. Robinhood allows direct trading stocks so Roblox should be on Robinhood platform.

Is Roblox a good investment?

In its most recent funding round, Roblox was valued at $29.5 billion—seven times its value in its previous round in 2020. That said, whereas tech and gaming companies were rerated in 2020 as the COVID-19 pandemic fueled demand, there are concerns as to whether gaming demand will keep that pace.

Should you buy Roblox stock?

In 2020, Roblox's revenue rose 85 percent year-over-year to $923.9 million. That came after a 56 percent rise in 2019. Based on its private market valuation of $29.5 billion, Roblox's 2020 price-to-sales multiple is 31.9x. If the company’s revenue rises 50 percent in 2021, its price-to-sales multiple would be 21.2x.

What is Roblox Corporation?

Roblox Corporation develops and operates an online entertainment platform. It offers Roblox Client, an application that allows users to explore 3D digital worlds; and Roblox Studio, a toolset that allows developers and creators to build, publish, and operate 3D experiences and other content. The company also provides Roblox Cloud, a solution that provides services and infrastructure to power the human co-experience platform. It serves customers in the United States, Canada, Europe, the Asia-Pacific, and internationally. Roblox Corporation was incorporated in 2004 and is based in San Mateo, California.

Who is Shannon Terrell?

Shannon Terrell is a senior writer for Finder who has written over 400 personal finance guides. With a focus on investments and personal finance, she breaks down jargon-laden topics to help others make informed financial decisions. She studied communications and English literature at the University of Toronto.

About RBLX

Roblox is a game creation system and online game platform from the Roblox Corporation. Roblox allows its users to play games that have been created by other users. Roblox was founded in 2004 by Erik Cassel and David Baszucki, with the platform itself first related in 2006. Games are created by users with the programming language Lua.

Rating

What analysts on recommend for this stock, on a scale from 1 (buy) to 5 (sell).

What is Roblox Corp?

Roblox Corp. engages in the provision of online gaming services. Its platform consists of the Roblox Client, the Roblox Studio, and the Roblox Cloud. The Roblox Client is an application that allows users to explore 3D digital worlds. The Roblox Studio is the toolset that allows developers and creators to build, publish, and operate 3D experiences and other content accessed with the Roblox Client. The Roblox Cloud includes the services and infrastructure that power the human co-experience platforms. The company was founded by Erik Cassel and David B. Baszucki in March 2004 and is headquartered in San Mateo, CA.

What is Roblox Studio?

The Roblox Studio is the toolset that allows developers and creators to build, publish, and operate 3D experiences and other content accessed with the Roblox Client. The Roblox Cloud includes the services and infrastructure that power the human co-experience platforms.

What is direct listing?

Article continues below advertisement. In a direct listing, existing shareholders use the secondary market (where preferred investors trade) to price the stock. These securities eventually make it to the general public on a certain index.

Is Roblox going public?

Oct. 15 2020, Updated 2:40 p.m. ET. Roblox Technologies, a gaming and programming platform with a February 2020 valuation of $4 billion, is going public. The platform is free to log onto, but in-app purchasing and programming costs give Roblox a hearty and consistent revenue.

When did Roblox go public?

Roblox (NYSE: RBLX) went public on March 10, 2021. In just short of a week, the gaming business was thriving on the market and grabbing a lot of attention in the process.

How many people use Roblox?

Roblox currently has more than 30 million users and eight million developers. They all converge on an online social gaming platform where new games are created in a flash and spread amongst the users. Some games take off in popularity while others fall short of the mark.

What is Corey's job?

He has more than 10 years of experience as a journalist and content creator. Since 2012, Corey’s work has been featured in major publications such as The Virginian-Pilot, The Washington Post, CNN, MSNBC and more. When Corey isn’t focusing on Investment U, he enjoys traveling with his wife, going to Yankees games and spending time with his family.

Is Roblox going public?

Nevertheless, Roblox has created a unique community of gamers and developers alike. And investors are ready to benefit from this innovative company now that it’s gone public.

Is Roblox stock upside?

However, it’s clear that Roblox stock has upside potential due to its innovative network. The platform provides a highly social environment for gamers and developers that has an entertainment value unlike anything else in the industry.