![]() On the backdrop of faster than expected DAU growth, I update my 2030 expectations for Roblox and I now calculate a fair implied share price equal to $58.20/share. ![]() ![]() In fact, as Roblox continues to innovate, grow its user base, and capture consumer engagement, I believe the company is one of the market's most attractive growth investment opportunities. And reflecting on a strong Q4 2022 reporting, paired with exceptional user growth in January, I am confident to reiterate a Buy rating for RBLX despite the company's rich FWD x7 EV/Sales valuation. Roblox ( NYSE: RBLX) stock is up approximately 30% since I argued to 'Buy The Dip'.
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