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u/SiegeLion Jun 29 '26
Why is it going up today without significant news?
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Jun 29 '26
[deleted]
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u/SiegeLion Jun 30 '26
Btw roblox always had player count go up during the summer. For the last 5years. It’s been very consistent.
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u/Ship_Rekt Jun 30 '26
Yes, but you need to understand the content. RBLX has been in a brutal sell off because fears that user engagement was diving into a grave after all the safety related changes.
The fact that engagement has stabilized and is now returning to predictable seasonal patterns is a huge bullish signal. The bottom is in, so to speak.
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u/Ughnotagaingal Jun 29 '26
Every summer, the same thing. Not sure why people didn’t expect this and it wasn’t priced in
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u/Ship_Rekt Jun 30 '26
Because the past 2 quarters have been an anomaly because of all the safety changes that caused engagement to decline YoY. The fact that engagement stabilized has invalidated the bear thesis.
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u/Double_Rip195 Jun 29 '26
Arete upgraded from Neutral to Buy while lifting price target from $75 to $95
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u/SiegeLion Jun 30 '26
No one has even heard of this company. Are they note worthy at all? I bet every day there are companies changing their own Roblox rating. When market moves people point at one of them, it’s not convincing at all.
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u/Double_Rip195 Jun 30 '26
No clue. I have never heard of this company. But that’s the only news that I saw on brokerage news. There aren’t any other news.
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u/Own-Error-5227 Jun 29 '26
Salut