How much will Roblox stocks cost?

How much will Roblox stocks cost? $36.59

$36.59

What happened to Roblox IPO?

After a late 2021 surge to over $130 per share, Roblox stock has taken a dive in recent months. The gaming platform is now down roughly 30% from its March 2021 initial public offering price to around $48 per share.

What is Roblox stock target price?

Stock Price Target
High $71.00
Low $21.00
Average $45.06
Current Price $43.50

Why did Roblox stock drop so much?

Why Did Roblox Stock Drop? Besides the steep deceleration in bookings growth, RBLX stock dropped also due to declining usage. Hours engaged increased 28% year over year but declined sequentially.

How much will Roblox stocks cost? – Related Questions

Will Roblox recover?

A rebound in RBLX’s shares is likely to happen in 2H 2022, when the company’s bookings growth accelerate again benefiting from an easier base for comparison. But a recovery to the $70 price level is quite challenging considering the implied valuation multiples and the weakness in Roblox’s US & Canada region.

Is Roblox a metaverse stock?

Roblox stock is one of the metaverse stocks to watch in the current stock market rally amid the company’s potential in the emerging metaverse investing theme.