After another round of funding at the start of 2021, Roblox Corp was valued at $29.5 billion and the NYSE approved a direct listing of the company. A series of funding raised $150 million, and the company was valued at $4 billion in February 2020. Our Roblox Corp stock analysis confirmed that the game today is a free-to-play model that generates revenue through in-app purchases using virtual currency – much like Zynga pioneered on Facebook.īy 2020, Roblox boasted more than 164 million active monthly users and revenue upwards of $400 million. Officially released in 2006, Roblox allows players to play user-created games and interact in a massive online world in the digital space. The most important IP of Roblox Corp is the Roblox game. Up until 2013, the year in which co-founder Cassel died from cancer, the company had very little fanfare – video game insiders would have easily been talking about the Electronic Arts stock in 2013 but certainly wouldn’t have predicted the likelihood of a Roblox Corp stock price existing today. ![]() ![]() Fundamental analysis is crucial to stock trading and a company’s history can reveal a great deal of information that may help determine the future of the Roblox Corp stock price.įounded in 2004, Roblox Corporation – is the brainchild of David Baszucki and Erik Kassel who developed the video game DynaBlocks, which would eventually become Roblox in 2005. The first thing an investor should consider ahead of a Roblox Corp stock analysis is to consider the history of the company. ![]()
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