Previous close | 43.71 |
Open | 44.80 |
Bid | 43.12 x 1000 |
Ask | 43.49 x 1300 |
Day's range | 42.33 - 44.96 |
52-week range | 24.88 - 47.20 |
Volume | |
Avg. volume | 5,899,369 |
Market cap | 28.243B |
Beta (5Y monthly) | 1.60 |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.72 |
Earnings date | 06 Nov 2024 - 11 Nov 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 44.05 |
CEO David Baszucki told creators that Roblox’s “next frontier” hopes to tap into 10% of the $180 billion global gaming market.
Roblox will roll out paid videogames on its platform and allow developers to sell physical merchandise through their created games, the company said on Friday. The video gaming company will add the ability to price certain games, or what it calls experiences, in real currency for desktops, it said at its developers conference. Roblox will support a higher revenue share for the creators of up to 70%, but it will vary with the price of the game.
According to the average brokerage recommendation (ABR), one should invest in Roblox (RBLX). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?