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Near its 52-week high, is there still room for Roblox stock to rally from here, or should investors consider cashing out and looking at other growth stocks to buy instead?
Roblox has been a growth machine A big reason investors are bullish on Roblox's stock is that the company has been growing at a high rate.
Roblox Corp (NYSE: RBLX) reported Q1 results with $1.21B bookings, $443.91M operating cash flow, and 97.8M DAUs. Q2 outlook is $1.165B-$1.190B bookings.
Roblox shares are trading higher Wednesday following positive analyst coverage from JPMorgan.
Trading Near Its 52-Week High, Is Roblox Stock Still a Good Buy? January 31, 2025 — 04:36 am EST Written by David Jagielski for The Motley Fool -> ...