Roblox forecasts strong 2024 bookings; in-game spending gets holiday boost
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Roblox Corp. (RBLX) PT Raised to $55 at Roth/MKM, 'Hitting on all cylinders'
February 8, 2024 6:58 AM ESTRoth/MKM analyst Eric Handler raised the price target on Roblox Corp. (NYSE: RBLX) to $55.00 (from $50.00) while maintaining a Buy rating.
The analyst comments "Hitting on all cylinders. Roblox is benefiting from an aging audience and an expanding and maturing international user... More
Roblox (RBLX) stock jumps as earnings boosted by strong network effects
February 7, 2024 8:43 AM ESTRoblox (NYSE: RBLX) shares surged premarket Wednesday after it topped fourth-quarter consensus expectations.
The online game platform reported a Q4 loss per share of ($0.52), $0.03 better than the analyst estimate of ($0.55). Bookings for the quarter came in at $1.13 billion, up 25% year-on-year and above the consensus estimate of $1.07... More
