Why is Roblox stock so low?

Roblox closes down more than 15% after November update shows slowing growth. Roblox revenue, which it calls booking growth, declined year over year due to the strength of the U.S. dollar. Bookings per daily active user also fell by as much as 9% from a year ago.

Is Roblox stock expected to rise?

RBLX Stock 12 Months Forecast

Based on 18 Wall Street analysts offering 12 month price targets for Roblox in the last 3 months. The average price target is $42.44 with a high forecast of $55.00 and a low forecast of $21.00. The average price target represents a 2.59% change from the last price of $41.37.

Is Roblox a good stock to Buy now?

Roblox Corporation - Hold

Valuation metrics show that Roblox Corporation may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of RBLX, demonstrate its potential to underperform the market. It currently has a Growth Score of F.

Is Roblox losing money?

In the fourth quarter of 2022, gaming company Roblox Corporation reported a consolidated net loss of over 291 million U.S. dollars. This figure is an slight decrease from the corresponding quarter of the previous year, when Roblox generated a net loss of almost 302 million U.S. dollars.

Is Roblox a buy sell or hold?

Roblox has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 9 buy ratings, 10 hold ratings, and 7 sell ratings.

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What is Roblox target price?

Roblox Corp (NYSE:RBLX)

The 24 analysts offering 12-month price forecasts for Roblox Corp have a median target of 33.50, with a high estimate of 54.00 and a low estimate of 14.00. The median estimate represents a -25.69% decrease from the last price of 45.08.

How much longer will Roblox last?

Therefore, the rumors of Roblox shutting down in 2023 are false. The company continues to grow and expand its offerings, so you can continue to enjoy playing Roblox in the years ahead. Roblox is not going to shut down in 2023. Therefore, you can enjoy playing your favorite games without any worries.

Does Roblox have any debt?

Roblox long term debt for 2022 was $0.989B, a 0.13% increase from 2021. Roblox long term debt for 2021 was $0.988B, a INF% increase from 2020.

Is Roblox over valued?

Roblox also appears to be significantly overvalued at today's prices. The company trades at more than 40 times its book value and 8 times its sales.

Has Roblox ever made a profit?

Roblox's valuation doesn't make sense, considering they have never turned a profit and the losses keep widening.

Is Roblox losing popularity?

As of the third quarter of 2022, Roblox has 58.8 million daily active users globally. In 2019, the total number of DAUs was just 19.1 million. The user rate has climbed by 170.80 percent in Quarter 4 2020 compared to Quarter 4 2018.

What is happening with Roblox stock?

What's happening with Roblox stock? As of December 4, 2022, Roblox stock (RBLX) closed at $33.99, a little bit lower than its closing stock price of $36.74 on November 11 after the earnings report was released on November 9. For the year, Roblox stock is down overall. However, the short-term performance outlook is up.

Who owns most of Roblox stock?

Index Ventures Growth Iii Jersey LP is the largest individual Roblox shareholder, owning 49.22M shares representing 8.13% of the company. Index Ventures Growth Iii Jersey LP's Roblox shares are currently valued at $1.93B.

What is RBLX target price 2025?

WalletInvestor predicted that the price of Roblox could end 2022 at $128.798 per share. It further expected RBLX to hit $240.142 per share by the end of 2025. Although the service did not provide targets for 2030, its longer-term Roblox share price forecast suggested the stock could reach $277.156 in January 2027.

What was the highest Roblox stock price?

The all-time high Roblox stock closing price was 134.72 on November 19, 2021. The Roblox 52-week high stock price is 53.88, which is 30.3% above the current share price. The Roblox 52-week low stock price is 21.65, which is 47.6% below the current share price.

What will Roblox share price be in 2025?

Stock Forecast for the Price of an Roblox Share in Dec 2025.

In December 2025, analysts believe the stock price will be $55.74. An increase of 34.83% compared to the previous month's estimate.

Why is Roblox stock so volatile?

A slowdown in growth, a lack of profitability and the effect of rising interest rates on tech stocks have all impacted the stock price. Roblox's income model is based on the sales of its in-game currency, advertising and licensing.

Who are competitors of Roblox?

The main competitors of Roblox include Take-Two Interactive Software (TTWO), Electronic Arts (EA), Activision Blizzard (ATVI), Rogers Communications (RCI), FOX (FOXA), Royal Caribbean Cruises (RCL), FOX (FOX), MGM Resorts International (MGM), H World Group (HTHT), and DraftKings (DKNG).

Is Roblox a trusted company?

The Bottom Line. Roblox is a safe gaming platform for kids when parents take the recommendations from our experts seriously. But like all technology, it comes with risks, so it's best to start conversations about staying safe with your kids as early as possible.

How much is Roblox got sued?

In June, a group of music publishers sued Roblox through the NMPA for $200 million-plus, claiming copyright infringement by the company.

Are Roblox billionaires?

D avid Baszucki made a fortune cofounding social gaming platform Roblox in 2004. By early 2021, he was a billionaire, thanks to a funding round that valued Roblox at $29.5 billion.

What is happening to Roblox?

Is Roblox getting shut down in 2022? Many of you would be thinking if this is really happening. Well, find solace in the fact that this is just a rumor. Roblox isn't getting deleted in 2022 from any of the platforms it runs on, including PC, iPhone, Android, or Xbox.

When did Roblox go down for 3 days?

When did Roblox shut down? On October 28 at around 7:00 p.m. EST, the platform had started experiencing issues. Soon, the platform went down entirely.

What games are shutting down in 2023?