Roblox Corporation (RBLX)
Market Cap | 45.99B |
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 | 6,467,597 |
Open | 68.85 |
Previous Close | 68.43 |
Day's Range | 68.06 - 70.68 |
52-Week Range | 29.55 - 70.68 |
Beta | 1.44 |
Analysts | Buy |
Price Target | 59.14 (-15.61%) |
Earnings Date | Feb 6, 2025 |
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 23 analysts, the average rating for RBLX stock is "Buy." The 12-month stock price forecast is $59.14, which is a decrease of -15.61% from the latest price.
News
Meta, YouTube, and Others Morgan Stanley Says Could Benefit From TikTok Ban
With a TikTok ban potentially taking effect in the U.S. on Sunday, analysts at Morgan Stanley said other social media platforms could compete for the roughly $10 billion in ad revenue and 32 billion h...
Roblox: A High-Valuation Bet With Big Growth Potential
Roblox stock is expensive, but its unique virtual economy and advanced monetization strategies justify a long-term investment. The company has multiple revenue channels, including Robux purchases, adv...
LAIKA's Launch of Official Coraline Experience on Roblox Nears 18 Million Visits Since Thanksgiving Day Debut
HILLSBORO, Ore.--(BUSINESS WIRE)-- #httpstwittercomLAIKAStudios--LAIKA's launch of official CORALINE Gaming Experience on Roblox platform nears 18M visits since Thanksgiving Day Debut.
Roblox to Report Fourth Quarter and Fiscal Year 2024 Financial Results on February 6, 2025
SAN MATEO, Calif.--(BUSINESS WIRE)--Roblox to Report Fourth Quarter and Fiscal Year 2024 Financial Results on February 6, 2025.
Robux Games, Robust Games - Initiating Roblox With A Buy
I'm initiating Roblox with a buy as I think its self-sustaining business model has more growth to show. The way I see it, there are a lot of small positives at play that will come together to drive th...
7 Winner Tech Stocks For 2025
Now, as we turn our focus to 2025, I remain very optimistic on stocks. However, overall market valuations look somewhat expensive now; and thus, I argue stock picking will be more important in 2025 th...
Roblox: A Solid Play In Gaming And Beyond
Roblox demonstrates strong revenue growth rates, indicating robust user engagement and monetization potential. 7% of Roblox's market cap consists of cash and long-term investments. Forecasted to gener...
What Roblox's safety updates mean for its users
Following weeks of controversy and mounting public scrutiny, the popular social gaming platform Roblox has updated its parental controls and content rating system.
Roblox starts offering 25% more game currency for web purchases
As scrutiny around Apple and Google's app store fees tightens around the world, gaming platform Roblox has now started to offer an additional 25% game currency Robux for purchases on the web and gift ...
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...