We initiate coverage on Roblox Corporation with a Hold rating, reflecting a balance between robust user and engagement growth, offset by consensus revenue expectations that we view as overextended.
The analyst anticipates that Roblox will ramp up its capital expenditures and research and development investment in the second half of the year. Heaney slightly raised his estimates for Roblox, ...
Benzinga - One of the big ideas for Ark Invest is the continuation of video games having end-to-end virtual entertainment. Gaming fits into the ETF management company’s thesis that time spent on games ...
Roblox has been growing well over the last few quarters. The gaming company is riding a few tailwinds. However, its stock is priced at a premium right now. 10 stocks we like better than Roblox › ...
Roblox Corporation RBLX has experienced a significant 11.3% year-to-date decline compared with a 0.8% decline in the broader Zacks Consumer Discretionary sector, prompting investors to reassess their ...
Jefferies (NYSE:JEF) analyst Andrew Uerkwitz maintained a Hold rating on Roblox on Wednesday, setting a price target of $82, which is approximately 1.37% above the present share price of $80.89.
Truist analyst Matthew Thornton cut rating on Roblox Corp (NYSE: RBLX) shares to Hold from Buy after weak May metrics. The analyst has a $29.00 per share price target on Roblox shares. Thornton names ...
Roblox's (NYSE: RBLX) stock has been unstoppable of late, up by 185% in the past 12 months. A series of strong financial results have caught investors' attention, causing many Roblox observers to ...