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Shares of Roblox (NYSE: RBLX)-- the gaming platform popular with teenagers -- have been on fire recently, almost doubling their price in the last 12 months. Investors have been drawn to the ...
Is Roblox stock a good buy right now? Roblox is a business heading in the right direction, and I am more bullish on it in light of the improving earnings numbers.
Roblox remains an exciting stock even after its big move northward in price. In many ways, it's a unique company, fusing elements of video games, social media, and a thriving in-platform economy.
Roblox Corp (NYSE: RBLX) reported Q1 results with $1.21B bookings, $443.91M operating cash flow, and 97.8M DAUs. Q2 outlook is $1.165B-$1.190B bookings.
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