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A fresh, and quite bullish, analyst note on Roblox (NYSE: RBLX) was a major catalyst lifting the online video game company's stock over the past few days. With that gust of wind at its back Roblox ...
The business's long-run growth opportunities are attractive, but the company remains unprofitable, which can be a roadblock preventing the stock from soaring much higher than where it is right now.
Source: Roblox. All things being equal, more users mean greater engagement and -- critically -- more revenue. Sure enough, Roblox's top line has expanded thanks to that widening user base.
Fortunately, when the skeptics were celebrating with their right call, Roblox made a remarkable turnaround in its performance. Revenue growth returned to double digits in 2023, which continued in ...
Our analyst team just revealed what they believe are the 10 best stocks to buy right now. See the 10 stocks » *Stock prices used were the afternoon prices of Dec. 14, 2024.
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Right now over the past year it's stalled out around 8% of total users paying for subscriptions, but that's been due to some softness in the economy. It's unclear if that's all that is.
Image source: The Motley Fool. Roblox (NYSE: RBLX) Q3 2024 Earnings Call Oct 31, 2024, 8:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...