Roblox (RBLX) Getting a Bid

April 6, 2021

Roblox (RBLX) Getting a Bid

On Monday, several investment banks initiated buy ratings for the video game company Roblox (RBLX).

Although the stock has been trading publicly for less than a Month, LikeFolio has maintained a bullish outlook from the onset of coverage.

Purchase Intent Mentions for the gaming platform rose to a new ATH in 21Q1 (ended 3/31), up +79% from the prior year.

Shares have rallied nearly +10% in the past week, but we're expecting to see them continue to rise going forward.

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