Green flag: Brands love Roblox. Roblox has come a long way over the last two years. Daily active users have exploded from 19.1 million at the end of 2019 to 49.5 million at the end of 2021.

Roblox (NYSE: RBLX) shares had been rallying ahead of its much-anticipated earnings update in mid-May, and the company didn't disappoint. ... 1 Green Flag for Roblox Stock in 2023 ...

How much revenue Roblox could bring in through advertising once it's up and running is still unclear. It will likely be a significant sum and should help grow Roblox's $1.9 billion in revenue in 2021.

Wall Street doesn't seem to know what to make out of Roblox's (NYSE: RBLX) business prospects right now. The digital entertainment platform's stock was up by over 50% at one point in 2023, yet ...