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A monitor displays Roblox Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Feb. 9, 2024. - Michael Nagle/Bloomberg/Getty Images/File Good timing
Roblox Corporation ( / ˈroʊblɒks / ROH-bloks) is an American video game developer based in San Mateo, California. Founded in 2004 by David Baszucki and Erik Cassel, the company is the developer of Roblox, which was released in 2006. As of December 31, 2023, the company employs over 2,400 people. [1]
Pitz recently lowered his price target for Roblox by $1 and maintained an outperform rating. The new target, $56 per share, suggests that the stock can soar by about 81% over the next 12 months.
Roblox Corp (NYSE:RBLX) stock plunged after it reported fiscal first-quarter 2024 bookings growth of 19% year-on-year to $923.80 million, beating the analyst consensus estimate of $922.98 million.
In Q3, Roblox bookings were up by 10% year-over-year to $701.7 million, above the $686 million analysts expected. Daily active users were also up by 24% from the year-ago period to reach 58.8 ...
October 10, 2023 [8] Genre (s) Game creation system, massively multiplayer online. Mode (s) Single-player, multi-player. Roblox ( / ˈroʊblɒks / ROH-bloks) is an online game platform and game creation system developed by Roblox Corporation that allows users to program and play games created by themselves or other users.
David Baszucki ( / bəˈzuːki /; born January 20, 1963), also known by his Roblox username david.baszucki, formerly builderman, is a Canadian-born American entrepreneur, engineer, and software developer. He is best known as the co-founder and CEO of Roblox Corporation. He previously co-founded and served as the CEO of Knowledge Revolution ...
Roblox is now one of the world’s most valuable private companies in the world after a monster Series H raise brings the social gaming platform a stratospheric $29.5 billion valuation. The ...