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Wells Fargo analyst Ken Gawrelski raised the firm’s price target on Roblox (RBLX) to $58 from $54 and keeps an Overweight rating on the shares. Roblox posted an exceptionally strong Q3 bookings ...
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Piper Sandler raised the firm’s price target on Roblox (RBLX) to $65 from $54 and keeps an Overweight rating on the shares. Roblox had an “impressive” Q3 as bookings growth inflected to 34% ...
Roblox recently introduced Roblox Sentinel, an AI tool aimed at enhancing user safety, and a Learning Hub for educational engagement. Despite these positive product developments, the company's share ...
Roblox is benefitting from unit economies, with bookings growth outpacing the growth in fixed growth. I expect Roblox to exceed management’s full-year guidance for bookings and free cash flow.