NYSE:RBLXEntertainment
Is There Now An Opportunity In Roblox (RBLX) After Recent Share Price Declines?
If you are wondering whether Roblox at around US$63 is a fair price or an opportunity, the key question is what you are really paying for in terms of future cash flows and growth expectations.
The stock is currently around US$63.07 after a 16.2% decline over the last week, a 22.2% decline over the past month, and a 22.1% decline year to date, although the 3 year return sits at 68.1%.
Recent attention on Roblox has focused on its position in online gaming and virtual experiences, along with...