Roblox Corporation (RBLX)
Market Cap | 33.81B |
Revenue (ttm) | 3.36B |
Net Income (ttm) | -1.04B |
Shares Out | 656.22M |
EPS (ttm) | -1.63 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 13,115,019 |
Open | 52.29 |
Previous Close | 52.24 |
Day's Range | 50.60 - 52.32 |
52-Week Range | 29.55 - 55.10 |
Beta | 1.56 |
Analysts | Buy |
Price Target | 54.38 (+5.55%) |
Earnings Date | Oct 31, 2024 |
About RBLX
Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform. Roblox Corporation was incorporated in 2004 and is headquartered in San Mateo, California. [Read more]
Financial Performance
In 2023, Roblox's revenue was $2.80 billion, an increase of 25.81% compared to the previous year's $2.23 billion. Losses were -$1.15 billion, 24.6% more than in 2022.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for RBLX stock is "Buy." The 12-month stock price forecast is $54.38, which is an increase of 5.55% from the latest price.
News
Roblox: Listen To The Market
Despite never posting a profit, Roblox's revenues and user engagement metrics are growing strongly, with significant year-over-year increases. The stock has broken out above resistance due to impressi...
Roblox Issues New Safety Features
Matt Kaufman, chief safety officer at Roblox, joins to discuss new AI features and precautions being deployed by the popular online game as it faces increased scrutiny by parents and users. He speaks ...
Roblox taps former Roku executive Parampath to aid advertising push
Roblox has hired former Roku executive Louqman Parampath to help build out its advertising business, as the video-game platform bets on its lucrative young user base to draw marketing dollars.
Roblox CEO David Baszucki on Hindenburg short
David Baszucki, Roblox CEO, reacts to Hindenburg short position.
Roblox CEO on new safety updates following October Hindenburg report
David Baszucki, Roblox CEO, joins 'Squawk Box' to discuss the list of new safety products available for users, the chief executive's first reactions to the short report, and much more.
Roblox bolsters child safety measures after abuse reports
Gaming platform Roblox announced major safety upgrades Monday, introducing remote parental controls and restricting communication features for users under 13.
Roblox announces new safety features following Hindenburg short position
CNBC's Andrew Ross Sorkin reports on news from Roblox.
Roblox tightens messaging rules for under-13 users amid abuse concerns
Video game maker Roblox said on Monday that it is rolling out safety measures to prevent users under 13 from directly messaging others without parental consent.
Roblox Adds Parental Controls After Claims It Compromises Child Safety
Videogame company has denied the allegations and says the new protections were planned before a short seller's report.
Roblox will let game devs personalize thumbnails to attract more players
Roblox is launching thumbnail personalization to help creators attract more users by showing the most relevant thumbnail to each user.
RBLX BREAKING NEWS: Roblox Corporation Investors that Suffered Losses are Encouraged to Contact RLF About Ongoing Investigation into the Company (NYSE: RBLX)
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Roblox Corporation...
Roblox to Add Age Restrictions for Social Hangouts and Unrated Experiences
The gaming platform has added several new safety measures recently in an attempt to mitigate growing concerns over child safety and exploitation.
Roblox adds safety measures to ban kids under 13 from social spaces and other experiences
Throughout the years, several reports have accused Roblox, the popular gaming platform aimed at preteens, of lacking strict safety protocols for children, which exposes them to dangers such as groomin...
Top 4 Tech And Telecom Stocks That May Collapse This Month
As of Nov. 4, 2024, four stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
RBLX INVESTOR NEWS: Roblox Corporation Investors that Suffered Losses are Encouraged to Contact Rosen Law About Ongoing Investigation into the Company – RBLX
NEW YORK, Nov. 03, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a leading investor rights law firm, continues to investigate Roblox Corporation (NYSE: RBLX) for potential violations of the federal securit...
Roblox CEO on earnings beat, child safety and Hindenburg short
CNBC's Steve Kovach with Roblox CEO David Baszucki, joins 'Power Lunch' to discuss the company's earnings beat, child safety and Hindenburg short.
Roblox ‘rising like a phoenix' after ‘outstanding' third-quarter results, Wedbush says
Roblox shares surged following the online-gaming company's third-quarter results Thursday.
Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating Roblox Corporation for potential violations of federal securities laws
NEW YORK, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating...
Roblox: Blowout Results For Q3 And A Boost To Guidance
Roblox reported a blockbuster Q3'24 with bookings growth soaring 35%, over $100 million above analyst targets. The mobile gaming platform is now a cash flow generation machine despite headlines of lar...
3-Stock Lunch: Microsoft, Uber & Roblox
Aadil Zaman, The Wall Street Alliance Group partner, joins 'Power Lunch' to discuss stock plays for three stocks.
Roblox: Engaging Bigger Kids With Better Content Drives More Payments
Youth-focused video game and metaverse company Roblox is experience a growth spurt. Users over the age of 13 are now a majority of the company's hundreds of millions of users.
Roblox Corporation (RBLX) Q3 2024 Earnings Call Transcript
Roblox Corporation (NYSE:RBLX) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Stefanie Notaney - Senior Director, Financial and Corporate Communications David Baszu...
Roblox's stock soars on third-quarter bookings beat and raised guidance
Roblox Corp. shares rose 18.7% in premarket trading after the online gaming company reported better-than-expected third-quarter bookings and raised its full-year guidance.
Roblox Reports Strong Results Amid Child Safety Allegations
Roblox reports bookings of $1.13 billion for the third quarter versus analysts' expectations of $1.03 billion.