Is $RBLX still a 'growth' stock at 47.55?

Watching $RBLX hover around 47.55 today (low 47.14, high 48.66) makes me wonder if the market's current valuation fully reflects its growth prospects, or if we're seeing a shift in its narrative. The narrative for Roblox always leaned heavily on user growth and metaverse potential, but recent numbers suggest a maturation phase. Are we past peak enthusiasm, or is this just a pause before another leg up once broader market sentiment improves for tech?

I'm leaning towards the former; the easy money from the initial surge is gone, and now it's about sustainable earnings. Change my mind.