Roblox Corporation (RBLX)
| Market Cap | 22.45B |
| Revenue (ttm) | 2.80B |
| Net Income (ttm) | -1.15B |
| Shares Out | 631.64M |
| EPS (ttm) | -1.87 |
| PE Ratio | n/a |
| Forward PE | 192.31 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,763,302 |
| Open | 36.32 |
| Previous Close | 36.37 |
| Day's Range | 35.28 - 36.58 |
| 52-Week Range | 24.88 - 47.20 |
| Beta | 1.64 |
| Analysts | Buy |
| Price Target | 44.81 (+26.05%) |
| Earnings Date | May 9, 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 $44.81, which is an increase of 26.05% from the latest price.
News
Roblox makes it easier for anyone to create and sell avatar items
Roblox announced today that it's relaxing the requirements behind uploading, publishing, and selling 3D content on Roblox Marketplace.
Wow Bao Partners With Flaunt to Become First Fast Casual Restaurant to Integrate Rewards Program With Roblox
INDIANAPOLIS--(BUSINESS WIRE)--Wow Bao is once again setting the standard for innovation with its latest venture into the metaverse, partnering with Flaunt to power the first-ever integration between ...
Roblox Stock Rises as Online Gaming Platform Teams with PubMatic for Video Ads
Roblox (RBLX) shares were higher Wednesday afternoon, bucking a broader downturn for U.S. equities, after the online gaming platform struck a deal with tech ad firm PubMatic (PUMB) that will provide f...
Roblox taps ad-tech firm PubMatic to boost sales of video ads
Roblox has hired PubMatic to help ramp up sales of new video advertisements the gaming platform expects to launch later this year, the advertising tech firm said on Wednesday.
Roblox to Report First Quarter 2024 Financial Results on May 9, 2024
SAN MATEO, Calif.--(BUSINESS WIRE)--Roblox to Report First Quarter 2024 Financial Results on May 9, 2024.
Universal Music Group and Partners Monetize Music on Roblox
Universal Music Group (UMG), Republic Records and Styngr partnered on a solution that helps music labels curate, distribute and monetize music across the Roblox platform. The new solution, Boombox, he...
Roblox introduces AI-powered tools to boost 3D content creation
Roblox unveiled two novel AI technologies aimed at revolutionizing 3D content creation on its platform for user-generated content.
Roblox creators earned $741 million in 2023 through its DevEx program
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Blackhawk Network (BHN) Partners with Roblox to Expand Launch of Digital Gift Cards
PLEASANTON, Calif.--(BUSINESS WIRE)--Leading branded payments provider, Blackhawk Network (BHN), has partnered with Roblox, a global immersive platform for communication and connection, to offer Austr...
Goldman Sachs Is No Longer a Roblox Bear
The video game platform saw bookings jump 25% in its latest quarter.
Roblox shares rise 10% after company beats estimates and issues strong guidance
Roblox reported results for the fiscal fourth quarter and full year that beat consensus estimates on the top and bottom lines.
Roblox CEO David Baszucki on better-than-expected Q4 results: We continue to grow users
Roblox founder and CEO David Baszucki joins 'Squawk Box' to discuss the company's quarterly earnings results, which reported results for the fiscal fourth quarter Wednesday that beat consensus estimat...
Roblox reports 25% YoY growth with over $1B bookings in last quarter
Roblox Corporation have released its earnings report for the last quarter of the year, showing that bookings, users and net losses are all up.
Roblox Stock Surges as Video Game Company's Q4 Results Beat Estimates on Record Bookings
Shares of Roblox (RBLX) surged after the online video game company reported higher-than-forecast quarterly results on the back of record bookings.
Roblox Looks to Capture Network Effects From AI, Metaverse Headsets
The metaverse, creator economy and artificial intelligence (AI) are among the 21st century's biggest trends. And video game developer Roblox, which enjoyed its first-ever quarter with over $1 billion ...
Roblox earnings bring a big bookings milestone, sending the stock rocketing
Roblox Inc. shares tend to swing big after earnings and Wednesday's results could bring a continuation of that trend.
Roblox Stock Jumps on 25% Bookings Increase and Strong Guidance
The video game platform posts a narrower-than-expected fourth-quarter loss.
Roblox forecasts strong 2024 bookings; in-game spending gets holiday boost
Gaming platform Roblox forecast annual bookings above estimates on Wednesday after it crossed $1 billion in quarterly bookings for the first time on higher in-game spending during the holiday season, ...
Roblox Q4 earnings: here's what CEO Baszucki said in the press release
Roblox Corp (NYSE: RBLX) is trading up in premarket on Wednesday after reporting strong results for its fiscal fourth quarter. How many users does Roblox now have?
Roblox beats estimates and issues strong guidance
Roblox reported results for the fiscal fourth quarter and full year that beat consensus estimates on the top and bottom lines.
Roblox Reports Fourth Quarter and Full Year 2023 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Roblox Reports Fourth Quarter and Full Year 2023 Financial Results.
IMPORTANT DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Roblox Corporation with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / January 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Roblox Corporation ("Roblox" o...
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Roblox Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 26, 2024 - (NYSE: RBLX)
NEW YORK , Jan. 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Roblox Corporation. Shareholders who purchased shares of RBLX during the class period listed ...
RBLX Investors Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit
Shareholders with losses of $100,000 or more are encouraged to contact the firm. LOS ANGELES , Jan. 25, 2024 /PRNewswire/ -- The Law Offices of Frank R.
SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Roblox Investors of a Lead Plaintiff Deadline of January 26, 2024
NEW YORK , Jan. 25, 2024 /PRNewswire/ -- Attention Roblox Corporation ("Roblox") (NYSE: RBLX) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf...