Investors in Roblox (NYSE: RBLX) have had a bumpy ride lately. After closing at $70 on its first day of trading, the gaming platform's stock surged to a high of $140 in the subsequent months. The ...

Roblox beat on sales and earnings last week, but also lowered its guidance for the rest of this year. Piper Sandler analyst Thomas Champion lowered his price target on Roblox but still thinks the ...

Roblox's business model makes it an intriguing company. The company's valuation remains high despite the recent price correction. Competition is heating up, and larger players are joining the fun.