Should I Buy Roblox Stock 2023
Long january 2023 $1,140 calls on shopify, long january 2023 $115 calls on. Robloxβs online multiplayer platform makes it the youtube of gaming with 150 million users including over 2 million developers who create 3d experiences for users. All good things come to an end, and roblox, which went from the $70s to $140 in one month, came crashing back down to earth. If we conservatively assume that roblox clocks a 30% annual revenue growth rate.
In this case, it's the cash flow growth that's being. In the past year, revenue increased by 82 percent to $924 million. According to the roblox ipo filing, it reported a net loss of $253 million in 2020, compared to a $71 million loss the previous. As a reference, wall street analysts see roblox corporation's top line growing by +43%, +20% and +24% in fy 2021, fy 2022 and fy 2023, respectively based on s&p capital.