To truly understand the value of Roblox as a business enterprise, you’ll want to see what modern interactive gaming looks and feels like. Ultimately, wagering your hard-earned capital on RBLX stock means believing not just in gaming, but in the build-out of the metaverse. After all, if Morgan Stanley’s analysts are slashing their price target, how can retail investors feel bullish about Roblox now? Maybe you’re not yet sold on Roblox as an investable business. But then, investors shouldn’t underestimate Wood’s market insight - or Roblox’s potential to stage a fierce comeback, for that matter. It takes guts to buy RBLX stock around the time that Morgan Stanley analysts are halving their price target on the stock, from $65 to just $32. Some folks might know her as a growth stock zealot, but perhaps Wood should be considered a true contrarian at heart. That’s a big bet, even for a famous fund manager like Wood.

Reportedly, Cathie Wood’s Ark Invest recently purchased an eye-popping sum of 739,082 RBLX stock shares. If you do, then you’ll be in very good company. If you act fast, you might have an opportunity to take a stake in Roblox while the share price is half of its $64.50 debut price. So, if you’ve been sitting on the sidelines all this time, now’s your chance to pounce on what might be a terrific bargain. From a 52-week high of $141.60, the stock has recently dropped to the $30 area. RBLXĬome to think of it, “deeply out of favor” might not be adequate to describe what’s happened to RBLX stock. Indeed, one well-known investor has apparently taken a long position in Roblox shares, even while the company is deeply out of favor. The metaverse is serious business, and Roblox is serious about attracting investors into the fold. For developers and players alike, Roblox is clearly more than just “child’s play.”

What makes Roblox so magnetizing for under-18 gamers today? I’d say, it’s not just the games themselves, but the vast social ecosystem that Roblox has built.

As the company points out, Roblox “is ranked as one of the top online entertainment platforms for audiences under the age of 18 based on average monthly visits and time spent.” If you’re a young gamer, Roblox can be highly addictive - but not in a bad way. As an entry point into metaverse investments, RBLX stock deserves investors’ attention and it’s trading at a favorable price point now. Headquartered in California, Roblox (NYSE: RBLX) provides a platform for immersive, interactive gaming.

Roblox symbol stock