Latest news with #BlueLock:Rivals
Yahoo
15-07-2025
- Business
- Yahoo
Roblox Stock Hits 52-Week High After Report of Multi-Million Game Sales
July 15 - Roblox (NYSE:RBLX) shares rose about 5% on Monday afternoon after a Bloomberg report spotlighted rising payouts for developers on the gaming platform. Warning! GuruFocus has detected 6 Warning Signs with RBLX. List of 52-Week Lows List of 3-Year Lows List of 5-Year Lows According to the report, some creators are earning seven- and eight-figure sums from hit games. One title, Blue Lock: Rivals, was said to have sold for over $3 million after generating around $5 million in monthly in-game purchases. The platform's growing developer economy, supported by nearly 100 million daily active users, has become a key part of Roblox's business model. Popular games boost engagement and drive in-app spending, from which the company earns a share. Analysts say such headlines may encourage more developers to join, potentially creating a flywheel effect for user growth and monetization. Roblox shares have seen 16 moves greater than 5% over the past year. The stock hit a new 52-week high at $111.8 and is up nearly 90% year-to-date. Investors are watching to see whether the latest momentum can be sustained amid broader volatility. Based on the one year price targets offered by 31 analysts, the average target price for Roblox Corp is $83.98 with a high estimate of $126.00 and a low estimate of $30.00. The average target implies a downside of -24.90% from the current price of $111.83. Based on GuruFocus estimates, the estimated GF Value for Roblox Corp in one year is $85.20, suggesting a downside of -23.81% from the current price of $111.83. Gf value is Gurufocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. For deeper insights, visit the forecast page. This article first appeared on GuruFocus.
Yahoo
15-07-2025
- Business
- Yahoo
Roblox Stock Hits 52-Week High After Report of Multi-Million Game Sales
July 15 - Roblox (NYSE:RBLX) shares rose about 5% on Monday afternoon after a Bloomberg report spotlighted rising payouts for developers on the gaming platform. Warning! GuruFocus has detected 6 Warning Signs with RBLX. List of 52-Week Lows List of 3-Year Lows List of 5-Year Lows According to the report, some creators are earning seven- and eight-figure sums from hit games. One title, Blue Lock: Rivals, was said to have sold for over $3 million after generating around $5 million in monthly in-game purchases. The platform's growing developer economy, supported by nearly 100 million daily active users, has become a key part of Roblox's business model. Popular games boost engagement and drive in-app spending, from which the company earns a share. Analysts say such headlines may encourage more developers to join, potentially creating a flywheel effect for user growth and monetization. Roblox shares have seen 16 moves greater than 5% over the past year. The stock hit a new 52-week high at $111.8 and is up nearly 90% year-to-date. Investors are watching to see whether the latest momentum can be sustained amid broader volatility. Based on the one year price targets offered by 31 analysts, the average target price for Roblox Corp is $83.98 with a high estimate of $126.00 and a low estimate of $30.00. The average target implies a downside of -24.90% from the current price of $111.83. Based on GuruFocus estimates, the estimated GF Value for Roblox Corp in one year is $85.20, suggesting a downside of -23.81% from the current price of $111.83. Gf value is Gurufocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. For deeper insights, visit the forecast page. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Los Angeles Times
14-07-2025
- Business
- Los Angeles Times
Roblox game-buying frenzy is turning teens into millionaires
The creator of Blue Lock: Rivals thought kids on Roblox might like a soccer video game with an anime vibe. It sold a few months later for more than $3 million. The 19-year-old, who asked that his name be withheld because he has never shared it publicly, made the game in just three months with the help of co-developers. It attracted more than 1 million simultaneous players following its release last year, he said, generating $5 million a month in purchases for Roblox Corp., the popular gaming platform. Do Big Studios, an owner of other Roblox games that had helped develop Blue Lock: Rivals, bought the game in March, delivering a hefty payout to its teen owner. Like YouTube, Roblox started two decades ago as an online stage for young creators. Video-game lovers could use the service's tools to develop inexpensive, low-resolution entertainment. Now, as the company grows toward 100 million active daily users, contributors are finding there's money to be had in selling the games they've created, with buyers prepared to pay seven or even eight figures. 'We've seen a real shift in Roblox's ecosystem,' said David Taylor, senior consultant at the video-game-analytics firm Naavik. In June, seven of the 15 highest-earning games on Roblox had been acquired from their original owners, according to his research. The shift has been spawned in part by policy changes at Roblox. A December update to the service lets players easily transfer game ownership. Previously, Roblox said such sales were against its terms of service and community guidelines. A company spokesperson added that Roblox isn't currently participating in secondary-market transactions. Do Big has been scooping up other titles, including Roblox's biggest hit ever. In May, the company bought a stake in Grow a Garden, currently the most popular game on Roblox, for an undisclosed sum. The farming title broke records in late June, when it attracted over 21 million simultaneous players — more than Fortnite from Epic Games Inc. Another Roblox game company, Splitting Point, had taken it over the prior month from an anonymous teenage developer for an undisclosed sum. Representatives of Do Big didn't respond to a request for comment. In February, an anonymous developer sold Roblox's then-most popular game Brookhaven RP to Voldex Entertainment Ltd. Voldex's founder and chief executive officer, Alex Singer, said the deal, with financing arranged by Raine Group and Shamrock Capital, was 'bigger' than the reported sum that Embracer Group AB paid for Roblox's Welcome to Bloxburg in 2022, though he declined to be more specific. 'When there are more dollars paid out to creators, it attracts more people,' said Singer, 24. A report at the time put the Welcome to Bloxburg sale price at $100 million, though officials at Embracer said it was less. According to Roblox, the company's top 10 developers earned $36 million each in the 12 months through March. The San Mateo, California-based company may pay out more than $1 billion in total to creators for the first time this year. In 2023, CEO Dave Baszucki predicted that by 2028 a Roblox developer will be valued at $1 billion. Over a dozen companies buy, develop and sometimes flip Roblox games. Much of the activity is conducted over the chat app Discord, according to Connor Richards, a lawyer with Odin Law & Media who's been involved in a dozen deals. He's seen minors earn a few hundred thousand dollars from these deals. Another technology lawyer, Adam Starr, said he's facilitated about 20 Roblox deals over the last year and is receiving more inquiries than ever. The developers often opt to remain anonymous. Voldex's first major acquisitions, Driving Empire and Ultimate Football, cost the company seven figures, Singer said. A subsequent agreement with the NFL allowing the company to rename the property NFL Universe Football helped grow its audience. 'We've been able to sustain our communities and games and grow them while keeping players happy,' Singer said. 'That's really important.' He'll assign a team of programmers to analyze and improve a game, often alongside the original creator. Roblox games rise and fall with kids' whims. A paintball simulator might die off after another creator publishes a Roblox clone of Ubisoft Entertainment SA's Rainbow 6 Siege. Only the rare game remains popular for months or years. Creators who know this will sometimes sell their games at a price equal to just one or two months' revenue. Others go for 12 months' worth of sales, according to Naavik's Taylor. Independent game developers also trade their art or programming work for a share of game ownership. 'Roblox is very capitalist,' Voldex's Singer said. The company 'wants creators to be economically successful.' D'Anastasio writes for Bloomberg.
The Star
14-07-2025
- Business
- The Star
Roblox game-buying frenzy is turning teens into millionaires
The creator of Blue Lock: Rivals thought kids on Roblox might like a football video game with an anime vibe. It sold a few months later for more than US$3mil (RM12.78mil). The 19-year-old, who asked that his name be withheld because he has never shared it publicly, made the game in just three months with the help of co-developers. It attracted more than one million simultaneous players following its release last year, he said, generating US$5mil (RM21.31mil) a month in purchases for Roblox Corp, the popular gaming platform. Do Big Studios, an owner of other Roblox games that had helped develop Blue Lock: Rivals, bought the game in March, delivering a hefty payout to its teen owner. Like YouTube, Roblox started two decades ago as an online stage for young creators. Video-game lovers could use the service's tools to develop inexpensive, low-resolution entertainment. Now, as the company grows toward 100 million active daily users, contributors are finding there's money to be had in selling the games they've created, with buyers prepared to pay seven or even eight figures. "We've seen a real shift in Roblox's ecosystem,' said David Taylor, senior consultant at the video-game-analytics firm Naavik. In June, seven of the 15 highest-earning games on Roblox had been acquired from their original owners, according to his research. The shift has been spawned in part by policy changes at Roblox. A December update to the service lets players easily transfer game ownership. Previously, Roblox said such sales were against its terms of service and community guidelines. A company spokesperson added that Roblox isn't currently participating in secondary-market transactions. Do Big has been scooping up other titles, including Roblox's biggest hit ever. In May, the company bought a stake in Grow a Garden, currently the most popular game on Roblox, for an undisclosed sum. The farming title broke records in late June, when it attracted over 21 million simultaneous players – more than Fortnite from Epic Games Inc. Another Roblox game company, Splitting Point, had taken it over the prior month from an anonymous teenage developer for an undisclosed sum. Representatives of Do Big didn't respond to a request for comment. In February, an anonymous developer sold Roblox's then-most popular game Brookhaven RP to Voldex Entertainment Ltd. Voldex's founder and chief executive officer, Alex Singer, said the deal, with financing arranged by Raine Group and Shamrock Capital, was "bigger' than the reported sum that Embracer Group AB paid for Roblox's Welcome to Bloxburg in 2022, though he declined to be more specific. "When there are more dollars paid out to creators, it attracts more people,' said Singer, 24. A report at the time put the Welcome to Bloxburg sale price at US$100mil (RM426.19mil), though officials at Embracer said it was less. According to Roblox, the company's top 10 developers earned US$36mil (RM153.42mil) each in the 12 months through March. The San Mateo, California-based company may pay out more than US$1bil (RM4.26bil) in total to creators for the first time this year. In 2023, CEO Dave Baszucki predicted that by 2028 a Roblox developer will be valued at US$1bil (RM4.26bil). Over a dozen companies buy, develop and sometimes flip Roblox games. Much of the activity is conducted over the chat app Discord, according to Connor Richards, a lawyer with Odin Law & Media who's been involved in a dozen deals. He's seen minors earn a few hundred thousand dollars from these deals. Another technology lawyer, Adam Starr, said he's facilitated about 20 Roblox deals over the last year and is receiving more inquiries than ever. The developers often opt to remain anonymous. Voldex's first major acquisitions, Driving Empire and Ultimate Football, cost the company seven figures, Singer said. A subsequent agreement with the NFL allowing the company to rename the property NFL Universe Football helped grow its audience. "We've been able to sustain our communities and games and grow them while keeping players happy,' Singer said. "That's really important.' He'll assign a team of programmers to analyse and improve a game, often alongside the original creator. Roblox games rise and fall with kids' whims. A paintball simulator might die off after another creator publishes a Roblox clone of Ubisoft Entertainment SA's Rainbow 6 Siege. Only the rare game remains popular for months or years. Creators who know this will sometimes sell their games at a price equal to just one or two months' revenue. Others go for 12 months' worth of sales, according to Naavik's Taylor. Independent game developers also trade their art or programming work for a share of game ownership. "Roblox is very capitalist,' Voldex's Singer said. The company "wants creators to be economically successful.' – Bloomberg
Hindustan Times
12-07-2025
- Entertainment
- Hindustan Times
Roblox is turning teenagers into young millionaires across the globe: Here's how
In a digital twist which sounds more like a Silicon Valley fairytale, teenage developers are raking in millions by selling their Roblox games, while many parents still think their kids are just 'playing'. One such developer, a 19-year-old creator of Blue Lock: Rivals, built the anime-inspired soccer game in just three months, reported Bloomberg. Teenagers are becoming rich by selling their Roblox games(Unsplash) With help from a small co-developer team, the game became a sensation that drew over 1 million concurrent players and generated $5 million monthly for Roblox Corp. Within months, it sold for over $3 million to Do Big Studios, which now owns several of Roblox's top-performing titles. The rise of Roblox's creator economy Roblox, originally a playground for hobbyist game creators, as per Bloomberg, exploded into a creator-driven economy with over 100 million daily active users. The company's shift in policy, allowing for official ownership transfers as of December, has unleashed a wave of big-money acquisitions. The report quoted gaming analytics firm Naavik saying seven of the 15 highest-earning games on Roblox as of June were acquired from their original creators. David Taylor, a senior consultant at Naavik, said there has been a real shift in Roblox's ecosystem. As per the report, Roblox's top 10 developers each earned around $36 million in the past year, and the platform is on track to pay out over $1 billion to creators in 2025. Also Read: Roblox The Hatch 2025 event: Dates, new games and what to expect Other players in the industry Bloomberg's report added that Do Big Studios is not the only company jumping into the Roblox gold rush. Voldex Entertainment, backed by Raine Group and Shamrock Capital, recently bought Brookhaven RP, Roblox's former number one game. Voldex's CEO, Alex Singer, 24, would not reveal the sale price but said it exceeded the $100 million reportedly paid by Embracer Group for Welcome to Bloxburg in 2022. Voldex also scooped up Driving Empire and Ultimate Football, later partnering with the NFL to rebrand the game as NFL Universe Football. The strategic acquisitions allowed companies to grow game audiences and improve content with professional development teams. Anonymous creators and Discord deals Many Roblox developers are quite young and often choose to stay anonymous. Most deals are worked out on Discord, where studios look for and purchase popular games. Connor Richards, a lawyer at Odin Law & Media, told Bloomberg that he has witnessed minors making hundreds of thousands of dollars from these transactions. Another tech attorney, Adam Starr, shares that he has helped facilitate around 20 Roblox deals in the last year, and the interest in this area is growing quickly.
