Roblox: Is Recent Share Price Pullback a Signal of Undervalued Growth?

Roblox's share price has pulled back 6% in the past day and 13% over the past month, despite annual revenue growth in the low 20% range and strong user engagement. The recent pullback is against a stronger backdrop, with a robust year-to-date share price return and a standout 3-year total shareholder return. With shares trading at a modest intrinsic discount and nearly 60% below consensus price targets, Roblox may be undervalued.