1 Catalyst for Roblox Stock Investors in 2023 (and Beyond)

By Parkev Tatevosian, CFA – Sep 6, 2023 at 8:00AM

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

Roblox is developing a lucrative source of revenue.

Fool.com contributor Parkev Tatevosian discusses Roblox (RBLX 1.35%) and its goal of increasing advertising revenue.

*Stock prices used were the afternoon prices of Sept. 3, 2023. The video was published on Sept. 5, 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.