Roblox (RBLX) Earnings Preview: Can Metaverse Giant Sustain 127% YTD Rally?
Roblox shares have surged 127% year-to-date as the metaverse platform continues to defy valuation concerns. With Q3 earnings due Thursday, analysts anticipate revenue of $1.7 billion despite adjusted EPS expectations of -$0.49.
The company has beaten Wall Street estimates in 7 of the past 10 quarters, with revenue forecasts rising 40% year-over-year. User growth and engagement metrics suggest potential for another upside surprise, though questions remain about path to profitability.