Roblox Surges to 107th in Market Rankings with $1.217 Billion Trading Volume

Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 7:59 pm ET1min read
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On May 30, 2025, Roblox's trading volume reached $1.217 billion, marking a significant 207.78% increase from the previous day. This surge placed RobloxRBLX-- at the 107th position in the day's stock market rankings. Roblox (RBLX) experienced a 2.58% increase, marking its second consecutive day of gains, with a total increase of 2.76% over the past two days.

Roblox reported strong financial performance with revenue reaching $1.035 billion, a 29% year-on-year increase. Bookings also saw a substantial rise, reaching $1.207 billion, up 31% year-on-year. The platform's user engagement continued to grow, with daily active users (DAUs) reaching 97.8 million, a 26% year-on-year increase.

Analysts have shown optimism towards Roblox's future prospects. Brian Pitz from BMO Capital reiterated a Buy rating on Roblox, raising the price target to $95.00. This move was supported by the company's robust daily active user growth and strong financial performance.

Barclays also boosted their price objective on Roblox from $46.00 to $62.00, maintaining an "equal weight" rating. This adjustment reflects the company's positive revenue growth rate of approximately 29.19% as of March 31, 2025.

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