![]() Is Roblox Stock A Buy?Īt first glimpse, Roblox seems to be an expensively priced company – possibly even grossly overvalued if you are incredibly pessimistic. The company lost 25 cents a share on bookings of $770.1 million in the December quarter.Īccording to FactSet, analysts had expected Roblox to lose 12 cents a share on bookings of $772 million.Įarly Wednesday, Roblox stock crashed more than 27% to trade at l53.50. Is Roblox stock a buy in the current stock market rally?Īfter the close Tuesday, Roblox reported its fourth-quarter earnings results, missing Wall Street’s estimates. San Mateo, Calif.-based Roblox (RBLX) is a famous video game platform regarded as a play on the emerging metaverse, a next-generation version of the internet.
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