Roblox Stock Has 33% Upside, According to 1 Wall Street Analyst

Motley Fool04-25

JPMorgan upgraded the stock to an overweight rating with a $48 price target. Investors remain skeptical about the company's ability to sustain high growth. The analyst believes the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2430288692?lang=en_US&edition=fundamental","thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F774130%2Fstock-charts-and-cash.jpg&op=resize&w=165&h=104","is_english":true,"pubTime":"2024-04-25 21:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2430288692","market":"us","top_or_hot":-1,"title":"Roblox Stock Has 33% Upside, According to 1 Wall Street Analyst","media":"Motley Fool","content":"<div>\n<p>JPMorgan upgraded the stock to an overweight rating with a $48 price target.\n\n\n\n\n\n\n\nInvestors remain skeptical about the company's ability to sustain high growth.\n\n\n\n\n\n\n\nThe analyst believes the ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/04/25/roblox-stock-upside-wall-street-analyst/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roblox Stock Has 33% Upside, According to 1 Wall Street Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox Stock Has 33% Upside, According to 1 Wall Street Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-25 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/04/25/roblox-stock-upside-wall-street-analyst/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JPMorgan upgraded the stock to an overweight rating with a $48 price target.\n\n\n\n\n\n\n\nInvestors remain skeptical about the company's ability to sustain high growth.\n\n\n\n\n\n\n\nThe analyst believes the ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/04/25/roblox-stock-upside-wall-street-analyst/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4565","symbol_name":"NFT概念","start_time":0,"source_url":"https://www.fool.com/investing/2024/04/25/roblox-stock-upside-wall-street-analyst/","article_id":"2430288692","we_media_id":null,"thumbnails":["https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F774130%2Fstock-charts-and-cash.jpg&op=resize&w=165&h=104"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430288692","pubTimestamp":1714050000,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Management says it can achieve at least 20% top-line growth through 2027.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4565":"NFT概念","BK4547":"WSB热门概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4585":"ETF&股票定投概念","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4085":"互动家庭娱乐","BK4588":"碎股","BK4554":"元宇宙及AR概念","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","RBLX":"Roblox Corporation","BK4535":"淡马锡持仓","BK4551":"寇图资本持仓"},"translate_title":"据一位华尔街分析师称，Roblox股票上涨33%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RBLX":1},"content_text":"JPMorgan upgraded the stock to an overweight rating with a $48 price target.\n\n\n\n\n\n\n\nInvestors remain skeptical about the company's ability to sustain high growth.\n\n\n\n\n\n\n\nThe analyst believes the company's momentum and emerging opportunities in advertising set up a good entry point to buy shares.\n\nRoblox (RBLX -3.66%) is coming off a strong year for its interactive content platform. Daily active users hit new highs, and revenue grew 30% year over year in the fourth quarter of 2023. However, there remains skepticism around the company's ability to sustain high growth and monetize the content on its free-to-use platform.But this could be a great buying opportunity, according to JPMorgan analyst Cory Carpenter. The analyst upgraded the stock from neutral to overweight and raised his price target from $41 to $48. That price target, usually an estimate of where the stock might trade in the next year or so, is 33% higher than the current share price.Is Roblox stock a buy?The market doesn't want to give Roblox credit for its recent growth streak for a few reasons. First, much of its content is centered around gaming, and the video game industry isn't growing that quickly right now.Second, Roblox has an inconsistent operating history. Its top-line growth slowed amid the broader macroeconomic weakness in 2022, and it doesn't have a record of generating a consistent profit yet.Carpenter sees the market's skepticism as a great opportunity to buy shares in a company with many opportunities to keep growing. He specifically cited Roblox's new revenue streams that it's developing in advertising.The analyst also likes that Roblox is wrapping up a period of heavy spending, which should lead to a period of strong bottom-line growth. Indeed, management is targeting one to three percentage points of margin expansion through 2027.The stock has consistently traded around a price-to-sales ratio of 8 over the last two years, so if Roblox can execute to management's outlook for 20% or better top-line growth through 2027, the stock could indeed hit the analyst's target.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2430288692"}