RBLX News and Press, Roblox Corporation Class A From 12/02/23

2023-12-02 08:00:00 ET Roblox 's (NYSE: RBLX) stock is in the limelight lately after recovering more than 50% from its 52-week low of $24.88, thanks in part to the solid Q3 revenue growth it reported in early November. Still, there's more to like about the company than the solid...

2023-12-01 10:00:00 ET While the S&P 500 has climbed by about 19% so far in 2023, a lot of that has been driven by the gains of a relatively small number of massive tech companies with exposure to artificial intelligence (AI) trends. The stellar performances of companies including ...

2023-11-29 16:54:05 ET More on Roblox Roblox: The Kids Are Here To Replace Us Roblox's Journey: Growth, Innovation, And Investor Considerations Roblox: Durable Bookings Growth Roblox jumps as it offers positive first 2024 guidance For further details ...

2023-11-29 09:35:20 ET Summary The negative Roblox Corporation trends of 2022 have reversed. The company intentionally sandbags its GAAP reporting, but if we cut off those sandbags, they will likely be operationally profitable in 2024. User metrics show solid growth and increa...

2023-11-28 12:02:26 ET Undervalued stocks are a distinct category in the stock market . They are shares whose market prices are below what is considered their true value. This situation often results from market dynamics rather than the company’s actual performance. To identify s...

2023-11-26 09:15:00 ET How does the old saying go? Timing is everything? It's advice that informed investors and educated advisors typically dismiss. Trying to time the market is usually a bad idea and often does more harm than good. On the other hand, in some instances it makes good sense ...

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2023-11-21 15:00:00 ET Summary Roblox's Q3 2023 results showcase impressive revenue growth and a commitment to global expansion. Despite commendable efforts, uncertainty lingers about whether the current share price near $40 suggests a fully priced stock. The valuation at 57x ...

2023-11-21 12:48:30 ET Summary Roblox Corporation experienced a massive boost in business during the Covid pandemic and has returned to growth after absorbing the excess growth. The company has seen significant growth in usage metrics like daily active users and hours engaged, wit...

2023-11-20 08:27:32 ET Summary Roblox delivered strong Q3 results, with $713 million in sales and a 38% YoY growth, driven by growth in all regions. The company is focused on cost control and operating leverage to drive profitability, with a reduction in infrastructure costs and p...