How to Buy Roblox (RBLX) Stock
- Pick a brokerage. As a retail investor, you cannot buy and sell shares of stock directly on the market of your choosing. ...
- Decide how many shares you want. Next, take a look at the current trading price of Roblox’s stock and decide how many shares you’d like to purchase. ...
- Choose your order type. ...
- Execute your trade. ...
- Compare share 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. ...
- Research the stock. ...
- Purchase now or later. ...
- Check in on your investment.
Should you buy Roblox stock right now?
Sep 13, 2021 · How to Buy Roblox (RBLX) Stock Pick a brokerage. As a retail investor, you cannot buy and sell shares of stock directly on the market of your choosing. Decide how many shares you want. Next, take a look at the current trading price of Roblox’s stock and decide how many... Choose your order ...
Is Roblox stock a good investment?
Mar 28, 2022 · First, you need to look into finding a broker to buy the stocks on your behalf. Once you pick a platform and register with all your personal and financial information, you need to look up Roblox on the market (either by name or by its trading ticker, RBLX). You can either buy it now or later, when the stock price reaches the amount you’d be happy to pay for it.
Is it too late to buy Roblox stock?
1 day ago · Shares of Roblox (NYSE: RBLX) are down more than 10% today in light of a 1% decline in the Nasdaq 100.However, some of the decline in RBLX stock may be related to Netflix’s (NASDAQ: NFLX) recent ...
Is Roblox worth investing in?
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....
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
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.1 day ago
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 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.
What is Roblox stock prediction?
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 +42.86% increase from the last price of 42.00.
Why did Roblox stock drop?
The videogame company reported record numbers of daily active users and hours engaged for the fourth quarter. 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
Why did Roblox stock go down?
Investors lost confidence in Roblox ( RBLX -5.80% ) 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
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 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.
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.
Company Overview
Roblox Corporation (ticker symbol: RBLX) is a technology and gaming company. The company’s primary product is Roblox an online game platform.
Research and Analysis
Whenever you’re thinking about investing in a single company, it’s important to take the time to research the business before buying shares. What research method you use will depend on your personal preferences.
Risks
Whenever you invest, you’re accepting some level of risk. If a company does well, you’ll earn a profit, but if the company fails, you could lose a lot of money.
Other Ways to Invest in Games and Technology
Buying shares in a single company can be a very exciting way to invest, especially if you personally like that company and its products.
How to Buy Roblox Shares
If you’ve done your research and decided that buying shares in Roblox is the right strategy for you, the first thing that you need to do is open a brokerage account.
Consult an Advisor
All investing is subject to risk. Even with a diversified portfolio mutual fund, you can lose money. However, buying shares in just one company, such as Roblox, can be even riskier.
When did Roblox go public?
On March 10, 2020, Roblox went public on the stock market. Meaning you can buy shares in the company on the New York Stock Exchange and own a stake in the game maker.
How long has Roblox been around?
Roblox has been around since 2004. It’s the MMO that lets users design and share multiplayer games with their friends and other players around the world. What makes Roblox popular is the sheer amount it has to offer and it’s seen a huge growth in the number of players looking for something to play online. While the game is free-to-play, ...
Is Roblox free to play?
While the game is free-to-play, if you want to spend money inside Roblox to buy in-game items, you need to use real money to buy the game’s virtual currency, Robux. The game also has a subscription service that comes with monthly Robux, discounts, and premium content.
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.
Signals & Forecast
The Roblox Corporation stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Support, Risk & Stop-loss
Roblox Corporation finds support from accumulated volume at $85.51 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Roblox Corporation stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Company Overview
Research and Analysis
Risks
- Whenever you invest, you’re accepting some level of risk. If a company does well, you’ll earn a profit, but if the company fails, you could lose a lot of money. Every company relies on its ability to produce, maintain, and sell new products and services. Without successful products, companies have nothing to sell and no way to produce revenue to keep the business running. Roblox has a …
Other Ways to Invest in Games and Technology
- Buying shares in a single company can be a very exciting way to invest, especially if you personally like that company and its products. Following the news and watching for the company’s success is fun, but it’s also risky to put all of your eggs in a single basket. If that business fares poorly, you won’t have any other investments to pick up the slack. One important …
How to Buy Roblox Shares
- If you’ve done your research and decided that buying shares in Roblox is the right strategy for you, the first thing that you need to do is open a brokerage account.
Consult An Advisor
- All investing is subject to risk. Even with a diversified portfolio mutual fund, you can lose money. However, buying shares in just one company, such as Roblox, can be even riskier. Investing in a single business is exciting, but you should try to keep investments in individual businesses to a small portion of your portfolio, leaving the majority of your money in diversified mutual funds. Co…