Great News for Roblox Stock Investors

By Parkev Tatevosian, CFA – Aug 31, 2023 at 12:42PM

NYSE: RBLX

Roblox

Market Cap

$23B

Today's Change

(1.35%) $0.48

Current Price

$36.01

Price as of April 26, 2024, 4:00 p.m. ET

The metaverse pioneer has several catalysts that could boost the stock higher.

Fool.com contributor Parkev Tatevosian discusses why Roblox (RBLX 1.35%) has excellent prospects for 2023 and beyond.

*Stock prices used were the afternoon prices of Aug. 29, 2023. The video was published on Aug. 31, 2023.

Parkev Tatevosian, CFA has positions in Roblox. The Motley Fool has positions in and recommends Roblox. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.