Roblox Corporation (RBLX)
| Market Cap | 19.82B |
| Revenue (ttm) | 2.95B |
| Net Income (ttm) | -1.15B |
| Shares Out | 630.23M |
| EPS (ttm) | -1.86 |
| PE Ratio | n/a |
| Forward PE | 192.31 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 21,401,885 |
| Open | 30.91 |
| Previous Close | 30.42 |
| Day's Range | 30.56 - 31.98 |
| 52-Week Range | 24.88 - 47.20 |
| Beta | 1.63 |
| Analysts | Buy |
| Price Target | 41.92 (+33.29%) |
| 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 25 analysts, the average rating for RBLX stock is "Buy." The 12-month stock price forecast is $41.92, which is an increase of 33.29% from the latest price.
News
Three-Stock Lunch: Warner Bros. Discovery, Roblox & Planet Fitness
Brian Vendig, MJP Wealth Advisors president, joins 'Power Lunch' to discuss stock plays for three stocks, including Warner Bros. Discovery, Roblox, and Planet Fitness.
Roblox Rethinks Strategy as Shares Plummet, Young Audience Matures
The thing about shiny new things, is that they are often dulled by repeated play. Roblox, the virtual world gaming platform, is finding that out the hard way as its muted second quarter guidance — rel...
Chart of the Day: Roblox
Bryn Talkington, managing partner at Requisite Capital Management, joins CNBC's "Halftime Report" to detail her strategy for the beaten-down name.
Roblox (RBLX) Sells Off After Weak Bookings Guidance
Roblox (RBLX) sells off after weak bookings guidance. Jenny Horne discusses this as Roblox is on pace for one of its worst days.
Roblox Plummets as Q1 Results, Guidance Disappoint
Shares of Roblox Corp. (RBLX) fell substantially in intraday trading Thursday following the release of the video game company's first-quarter results.
Roblox reports Q1 bookings of $923.8M, up 19%, but stock plunges on weak Q2 outlook
Roblox reported that its first quarter bookings reached $923.8 million, up 19% at a time when much of the game industry has reported weak results.
Roblox's stock heads for record selloff after big revenue miss, downbeat outlook
Shares of Roblox Corp. RBLX, -3.72% tumbled 29.2% in premarket trading Thursday, toward a record one-day selloff, after the online gaming company reported first-quarter revenue that was well below exp...
Roblox cuts annual bookings forecast on muted player spending
Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of infl...
Roblox Corporation (RBLX) reports better-than-expected losses and 37% net cash rise in Q1 earnings
Today, global online gaming platform Roblox Corporation released its Q1 2024 financial results before US markets opened. As one of the most widely used gaming platforms in the United States, and one o...
Roblox Reports First Quarter 2024 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Roblox Reports First Quarter 2024 Financial Results.
Roblox players to start seeing video ads in its virtual realms
Roblox is rolling out virtual billboards with video advertisements, the gaming platform said on Wednesday, in its latest move to draw revenue from its games that are mostly free to play.
Roblox Expands Immersive Video Ads Access to All Advertisers, Adds New Measurement Partners
SAN MATEO, Calif.--(BUSINESS WIRE)--Roblox Expands Immersive Video Ads Access to All Advertisers, Adds New Measurement Partners.
Why Roblox Stock Price Jumped on Tuesday
Shares of online gaming platform Roblox (RBLX) advanced Tuesday after JPMorgan analysts upgraded the stock, saying hesitancy by investors to jump in presented a “compelling entry point.”
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...