Previous close | 19.30 |
Open | 19.30 |
Bid | 20.20 |
Ask | 20.40 |
Strike | 60.00 |
Expiry date | 2024-06-21 |
Day's range | 19.30 - 19.30 |
Contract range | N/A |
Volume | |
Open interest | 20 |
Many adults heard the phrase “Robux” for the first time last holiday season when the virtual currency of gaming platform Roblox landed on the top of most wish lists. Roblox – with a stunning 70 million users – has attracted a fanatic fan base, especially among teens, with its wide offering of games, from simulations and adventure games to ones you design yourself or with friends.
The average brokerage recommendation (ABR) for Roblox (RBLX) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Roblox's (RBLX) first-quarter 2024 performance is expected to have benefited from growth in bookings and daily active users while experiencing margin pressure.