Stock FAQs

why is rblx stock down

by Mrs. Jacynthe Wisoky I Published 2 years ago Updated 2 years ago
image

Roblox RBLX –4.48% stock was sinking after the videogame firm missed Wall Street's expectations for first-quarter adjusted revenue and reported a wider-than-expected net loss. Roblox (ticker: RBLX) reported bookings, a form of adjusted revenue, of $631.2 million, which was down 3% from the first quarter of 2021.May 10, 2022

Full Answer

Should you buy rblx stock?

Roblox Corporation finds support from accumulated volume at $73.90 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. This stock has average movements during the day and with good trading volume, the risk is considered to be medium.

Is rblx a solid long term investment?

Traded publicly as RBLX, it is a stock that a lot of people have been seriously considering as a long-term stock option, especially recently. That said, you have to be careful when it comes to choosing your long-term stock options because if you choose the wrong ones, the portfolio isn’t going to perform the way that you want it to.

Should you buy Roblox stock right now?

They just revealed what they believe are the ten best stocks for investors to buy right now... and Roblox Corporation wasn't one of them! That's right -- they think these 10 stocks are even better buys. Rich Smith owns shares of Roblox Corporation. The Motley Fool owns shares of and recommends Roblox Corporation.

Is it too late to buy Roblox stock?

Roblox has a market capitalization of US$37b, so it's too big to fly under the radar ... It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you ...

image

Is RBLX a good stock?

The company is a great buy as young gamers spend more time on the platform. But even after falling from the $141.60 high set in November 2021, the stock could get cheaper. The market will remain irrational longer than some will expect. Stockholders will need to wait out the storm and keep their long position in Roblox.

Will RBLX stock recover?

A rebound in RBLX's shares is likely to happen in 2H 2022, when the company's bookings growth accelerate again benefiting from an easier base for comparison. But a recovery to the $70 price level is quite challenging considering the implied valuation multiples and the weakness in Roblox's US & Canada region.

Is RBLX buy or sell?

A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows

Is RBLX still a buy?

RBLX stock has a fair value of up to $60 assuming revenue growth slows steadily through 2025. In a bullish case, investors may set a higher revenue growth rate starting next year. By then, the company will have new tools on the platform.

Is it too late to buy Roblox stock?

It's not too late to buy Roblox, but more price-conscious investors may want to keep it on their watchlist to see if market volatility brings a more attractive entry point.

Did Roblox get bought by Microsoft?

Microsoft bought it two years ago for $2.5 billion. Roblox isn't so much a single game as a platform for lots of different ones. Users can log in and choose from millions of different options. The app is free and so are most of the games.

Is Roblox owned by Google?

Today at 3pm, internet search giant Google announced its aquistion of startup game studio Roblox for a purchase price of 380 million dollars.

How much money does it cost to buy 1000 Robux?

Roblox Premium 1,000 (US$9.99 or GBP 8.99/month)

How do you get Robux off Roblox game?

5:178:03HOW TO MAKE ROBUX ON ROBLOX (2021) - YouTubeYouTubeStart of suggested clipEnd of suggested clipAnother great way to make robux is by trading. Now trading is a pretty hard thing to learn. And youMoreAnother great way to make robux is by trading. Now trading is a pretty hard thing to learn. And you have to be very careful when trading because there's a lot of scammers.

How much are Minecraft stocks?

Stock market history MICROSOFT CORPORATION (MINECRAFT)XPriceApr 6, 2022299.5Apr 5, 2022310.88Apr 4, 2022314.97Apr 1, 2022309.42219 more rows

How do I buy stock in discord?

Because Discord is not currently public, you can't simply invest by visiting your favorite broker. In the meantime, one possibility is investing money in one of Discord's numerous backers that are publicly traded today. These include FirstMark Capital (FMAC) and Tencent Holdings (TCEHY).

What happened

Shares of Roblox ( RBLX -8.68% ) were down 18.4% week to date through Thursday's close, according to data provided by S&P Global Market Intelligence. In its latest fourth-quarter report, the gaming platform posted decelerating growth in key operating metrics and issued a weak outlook for the year ahead.

So what

The more important metric that analysts watch is bookings, a non-GAAP (adjusted) measure of revenue. Growth in this metric has decelerated significantly over the last four quarters, from 161% in the year-ago quarter to just 20% in the fourth quarter.

Now what

These are likely just near-term speed bumps, as Roblox laps spikes in demand a year ago. While bookings growth is slowing, it's important to remember that time spent on the platform is still above 10 billion hours, which is close to record highs for the company. Overall, the collapse in the share price can be blamed on valuation concerns.

image
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9