At that market cap, Roblox would trade at 14.3 times its estimated 2021 bookings and about 89 times its estimated 2021 operating cash flow. This is no doubt expensive.

The gaming platform's algorithm may help it identify popular concepts before competitors, as it did with 'Grow A Garden,' ...

Roblox had 32.6 million daily active users at the end of 2020 and the company is predicting that it will have 34.6 million to 36.4 million by the end of 2021. The majority of the company’s ...

Roblox Corp. shares were trading at roughly $49 as of Tuesday and are down about 30% since the company went public through a direct listing in March 2021. Roblox had more than 45 million daily ...

CORRECTING and REPLACING Roblox Reports First Quarter 2021 Financial Results. Revenue Up 140% Over Prior Year to $387.0 Million. Bookings Increase 161% Over Prior Year to $652.3 Million.

This month, Roblox Corporation said it expects to rake in between $320 million and $335 million during the first quarter of 2021, nearly double from the previous year.

2020 was a banner year for U.S. IPOs even amid a global pandemic and financial crisis. Momentum will continue into 2021, with the hotly anticipated debuts of Roblox and Affirm.

Roblox had 32.6 million daily active users at the end of 2020 and the company is predicting that it will have 34.6 million to 36.4 million by the end of 2021. The majority of the company’s ...