9/25/2023 0 Comments Roblox stock forecast 2021![]() Roblox was already popular with tween users prior to the pandemic, but stay-at-home measures caused its growth in revenue and bookings (the amount of money spent on Robux) to spike last year: This creator-powered ecosystem makes Roblox more comparable to Alphabet's video-sharing platform YouTube than to traditional game engines like Unity (NYSE: U) and Epic Games' Unreal Engine, which both require coding knowledge and are generally used to develop more sophisticated commercial games. Roblox's platform enables users to create simple games without any coding knowledge, share them with other users, monetize them with an in-game currency called Robux, and play other users' games. ![]() So let's see if this battleground stock is worth buying today. This miss caused Roblox shares to briefly dip to the mid $70s - but the stock quickly rebounded and erased all its post-earnings losses. 16 featured softer-than-expected billings growth with a wider-than-expected net loss. All Rights Reserved.The recent second-quarter report on Aug. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. ![]() Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.
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