Roblox May bookings take hit from strong dollar
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JPMorgan on Roblox Corp. (RBLX): 'Bookings Trend Shows Underlying Improvement'
June 15, 2022 10:43 AM EDTJPMorgan analyst Alexia S. Quadrani reiterated an Overweight rating on Roblox Corp. (NYSE: RBLX).
The analyst comments "We continue to expect June bookings to be up m/m given normal seasonality, and note last year's result was impacted by reopening. Consensus... More
Needham & Company on Roblox Corp. (RBLX): 'May Results Better than Feared'
June 15, 2022 10:31 AM EDTNeedham & Company analyst Bernie McTernan reiterated a Buy rating and $40.00 price target on Roblox Corp. (NYSE: RBLX)
The analyst comments "May bookings were slightly below our expectations on a reported basis, but slightly better after backing out FX. Our last published estimates are... More
Roblox Corp. (RBLX) PT Lowered to $40 at Stifel
June 15, 2022 10:30 AM EDTStifel analyst Drew Crum lowered the price target on Roblox Corp. (NYSE: RBLX) to $40.00 (from $45.00) while maintaining a Buy rating.
The analyst comments "On Wednesday morning, Roblox reported May KPIs. Our key takeaway...results suggested sequential declines (vs. April '22) which runs... More
KeyBanc on Roblox Corp. (RBLX): 'we have some new near-term concerns on the path of DAU growth moving forward'
June 15, 2022 10:01 AM EDTKeyBanc analyst Tyler Parker reiterated a Sector Weight rating on Roblox Corp. (NYSE: RBLX).
The analyst comments "Net-net, we view the report as mixed relative to expectations. Bookings growth was borderline, but indicates improvement on an ex-FX basis, while bookings surprised us to the... More
Roblox's (RBLX) Disappointing May Metrics Puts Quarter at Risk - Benchmark
June 15, 2022 9:50 AM EDTBenchmark analyst Mike Hickey reiterated a Sell rating and $21.00 price target on Roblox Corp. (NYSE: RBLX) after "disappointing" May 2022 metrics."
The analyst commented, "RBLX delivered a disappointing monthly May KPIs report, with aggregate engagement and monetization metrics continue to show weakness as player engagement... More
