ROBLOX CORP -CLASS A (NYSE:RBLX) – A High-Growth Stock Meeting Minervini’s Trend Template

ROBLOX CORP -CLASS A (NYSE:RBLX) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template criteria. The company’s strong technical setup and accelerating fundamentals make it a candidate worth examining for growth-oriented investors.

Why RBLX Fits the Minervini Trend Template

Minervini’s strategy focuses on stocks exhibiting strong uptrends with improving fundamentals. RBLX meets several key technical criteria:

• Price Above Key Moving Averages: The stock is trading at $105.59, well above its 50-day ($82.82), 150-day ($67.75), and 200-day ($62.21) moving averages.
• Upward-Trending Averages: The 50-day MA is above both the 150-day and 200-day MAs, confirming bullish momentum.
• Relative Strength: With a ChartMill Relative Strength score of 98.13, RBLX outperforms nearly all stocks in its sector.
• 52-Week Performance: The stock is trading within 0.3% of its 52-week high ($105.87) and is up 183.8% over the past year.

High-Growth Fundamentals

Beyond technical strength, RBLX demonstrates accelerating growth metrics:

• Revenue Growth: Quarterly revenue growth stands at 30.6%, with consistent beats over the past four quarters.
• EPS Improvements: While still negative, EPS growth has improved significantly year-over-year (29.6% TTM).
• Free Cash Flow Surge: FCF per share has surged by 1,181% over the past year, signaling strong operational efficiency.
• Analyst Upgrades: EPS and revenue estimates for the next year have been revised upward by 4.3% and 2.1%, respectively, in the last three months.

Technical Outlook

According to ChartMill’s technical report, RBLX holds a perfect 10/10 technical rating, supported by a strong uptrend and market-leading performance. However, the setup quality is rated 6/10, suggesting investors may want to wait for a consolidation before entering.

For a deeper technical breakdown, review the full technical report here.

Our High Growth Momentum + Trend Template screener lists more stocks with similar growth and trend characteristics.

Disclaimer

This is not investment advice. Always conduct your own research and consider risk management before making investment decisions.