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Barchart
Mark R. Hake, CFA

Roblox Shows Huge, Unusual Call Option Activity - Is RBLX Stock Too Cheap?

Roblox Corp (RBLX) stock is recovering from a trough following weaker financial guidance last quarter. Today, an unusually large volume of call options has been traded in RBLX. This implies some believe RBLX is undervalued, including some Wall Street analysts

RBLX is at $54.34 today, up over 14% today, after Arete Research Services LLP upgraded RBLX to buy from neutral with a price target of $95. That is after the stock hit a recent low of $41.50 on June 10.

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