![]() It also scores in the red on our value and quality factors. 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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