On a net-income basis, Roblox is still losing considerable money. In Q3, the company had a net loss of $257 million, which was worse than its net loss of $240 million in the same quarter of last year.
Investment firm Morgan Stanley (MS), led by four-star analyst Matthew Cost, assigned a Buy rating to video game platform Roblox (RBLX) with a price target of $170, which implies about 33% upside from ...
Roblox is an extremely popular online gaming platform. Far from giving signs that it is shutting down, last year, the company announced a series of upgrades. In fact, on Aug. 22, the company's stock ...
Roblox's online gaming platform attracts millions of users every day, which has translated to incredible growth for the business over the years. The company has come under fire for not doing enough to ...