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home / news releases / roblox potential beast mode unlocked

RBLX - Roblox: Potential Beast Mode Unlocked

Roblox Corporation Class A

2024-06-23 10:00:00 ET

Summary

  • Roblox faced a speed bump earlier this year but is now showing strong growth potential, including in advertising.
  • Despite a dip in growth rate, Roblox reported increased Hours Engaged in April and is seeing signs of traffic rebounding, potentially reaching far above 20% growth now.
  • The stock is cheap at only ~4x our EV/S targets for 2025.

Roblox Corporation ( RBLX ) hit a speed bump earlier this year, but the company appears in beast mode now. The mobile gaming company has a number of long-term catalysts for growth, including the move into advertising. My investment thesis remains ultra Bullish on the stock due to the consistent growth....

For further details see:

Roblox: Potential Beast Mode Unlocked
Stock Information
Company Name: Roblox Corporation Class A
Stock Symbol: RBLX
Market: NYSE
Website: corp.roblox.com
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