Some investors have theories about why Roblox (NYSE: RBLX) stock can go up in value. These are called investment theses. A thesis for Roblox stock might go something like this: Roblox is a video game ...
Wall Street analysts forecast that Roblox (RBLX) will report quarterly loss of -$0.53 per share in its upcoming release, pointing to a year-over-year decline of 43.2%. It is anticipated that revenues ...
Roblox Corporation (NYSE:RBLX) is one of the best stocks to buy according to Jim Simons’ Renaissance Technologies. On October ...
Rumors have been swirling that popular online gaming platform Roblox is shutting down. Roblox allows users to make a virtual universe and participate in millions of games and interactive environments.
Roblox has been showing strong growth with respect to both users and hours engaged. While the business remains highly unprofitable, its cost of revenue has declined in two of the past three quarters.
As Roblox's audience has aged, its monetization rate has fallen. This also coincides with the company's robust international growth. The company needs revenue growth to succeed, but with a declining ...