The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
In its second-quarter 2026 investor letter, Artisan Mid Cap Fund highlighted Roblox Corporation (NYSE:RBLX). Roblox Corporation (NYSE:RBLX), an online gaming and virtual experience platform, supported by AI-driven innovation and infrastructure advantages, detracted from the performance this quarter. On September 04, 2026, Roblox Corporation (NYSE:RBLX) closed at $43.31 per share. Over the past month, Roblox Corporation (NYSE:RBLX) returned 16.90% while its shares lost 66.29% over the past 52 weeks. Roblox Corporation (NYSE:RBLX) has a market capitalization of $30.94 billion with a 52-week trading range between $33.88 and $142.00.
Artisan Mid Cap Fund stated the following regarding Roblox Corporation (NYSE:RBLX) in its Q2 2026 investor letter:
"Roblox Corporation (NYSE:RBLX) is a leading user-generated content platform with strong global growth and operating leverage, supported by AI-driven innovation and infrastructure advantages. Shares declined sharply following a meaningful reduction in bookings guidance, driven by weaker top-of-funnel user trends and disruptions from recent age verification and communication safety changes. While management is implementing product updates intended to restore engagement and improve discovery, the changes are likely to take time to stabilize engagement trends. Although we continue to see long-term value in the platform and its user base, we exited the position and redeployed capital into other opportunities where recent pullbacks have created more attractive entry points."
Roblox Corporation (NYSE:RBLX) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 52 hedge fund portfolios held Roblox Corporation (NYSE:RBLX) at the end of the second quarter which was 66 in the previous quarter. While we acknowledge the potential of Roblox Corporation (NYSE:RBLX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.