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home / news releases / RBLX - Roblox: Major Ads Catalyst

RBLX - Roblox: Major Ads Catalyst

Roblox Corporation Class A

2024-04-16 16:39:17 ET

Summary

  • Roblox Corporation is partnering with PubMatic to launch immersive video ads on its platform, targeting major brands and driving revenue growth.
  • The U.S. video game-advertising business is expected to exceed $10 billion in 2025, presenting a significant revenue opportunity for Roblox.
  • Roblox stock trades at only 5.5x EV/S, any dip provides a great buying opportunity.

Roblox Corporation ( RBLX ) ended last year back in growth mode, yet the stock hasn't recovered beyond the post-Covid highs around $40 for years now. The mobile gaming platform has been a strong growth machine when normalized for the volatility over the last few years. My investment thesis remains ultra-Bullish on the stock, especially on a dip below the current support around $36....

For further details see:

Roblox: Major Ads Catalyst
Stock Information
Company Name: Roblox Corporation Class A
Stock Symbol: RBLX
Market: NYSE
Website: corp.roblox.com
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