Roblox, which went public in 2021, has grown into a popular online gaming platform with an average daily active user base of over 79.5 million in the second quarter of 2024, despite incurring ...

Short-selling firm Hindenburg Research said in a report released Tuesday that the videogame platform Roblox RBLX 1.91% has reported inflated user metrics to investors and has favored growth over ...

Roblox's stock has lost around 8% of its value since I covered it in early 2023. The company's growth rate is slowing, and it has not proven its ability to monetize its platform profitably.

Roblox has also slowed hiring this year, holding personnel costs, excluding stock-based compensation, flat at 23% of bookings. Stock-based compensation does continue to grow rapidly, however.

Roblox (NYSE:RBLX) just received some positive recommendation upgrades in the recent sprint. Morgan Stanley hiked the target to $65 from $38, stating that Roblox could double the revenue with more ...