That shows why RBLX scores an 8 on growth. The company also reported a $300 million loss from operations - a 287.6% greater loss than the previous quarter.In its recent quarterly report, the company reported a 2% increase in revenue but free cash flow was negative $67.7 million!.Roblox Stock: Red Ratings on All 6 Factors We expect it to underperform the broader market over the next 12 months. RBLX stock scores a “High-Risk” 0 out of 100on our Stock Power Ratings system. RBLX’s Stock Power Ratings in February 2023. Since then, RBLX has tumbled back to earth… It’s down 71.6% from its all-time high as I write and is sitting well below its IPO launch price.Īnd that’s reflected in its Stock Power Ratings… That’s almost double in only eight months! The stock soared 93.8% from its IPO in March 2021 to November 2021. In 2021, I penned a piece about RBLX’s first earnings report after its initial public offering (IPO). It’s an innovative digital platform that allows users to create and play games in a 3D world.Īnd it boasts more than 58 million users right now! Roblox is a developer made popular by its signature video game that carries the same name. If you have kids or grandkids, there’s a good chance you’ve heard of Roblox. While video game sales are strong, our Stock Power Ratings system shows that not all companies involved are great investments. ![]() Statista found that global revenue from video games will reach $298.2 billion by 2027 - a 50% increase from 2021. Millions of people of all ages flock to gaming in many different formats, including consoles like the PS5, or even their phones or tablets. That said, I don’t have a ton of time to actually sit down and play video games on it - but I’m an exception to that rule. ![]() Last Christmas, my wife surprised me with a PlayStation 5.
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