Roblox (RBLX) May weekly option implied volatility into quarter results

Roblox Corp. (RBLX) PT Lowered to $40 at Deutsche Bank

Deutsche Bank analyst Benjamin Black lowered the price target on Roblox Corp. (NYSE: RBLX) to $40.00 (from $55.00) while maintaining a Buy rating.

The analyst comments "We would be buyers of the current weakness of Roblox's stock. Admittedly, the FY24 bookings guide-down was very disappointing, but we contend that the stock... More

Roblox Corp. (RBLX) PT Lowered to $37 at Wells Fargo

Wells Fargo analyst Ken Gawrelski lowered the price target on Roblox Corp. (NYSE: RBLX) to $37.00 (from $50.00) while maintaining a Overweight rating.

The analyst comments "View recent progress with Roblox's ads build-out as positive, but believe longer- duration investors will need to see several... More

Roblox Corp. (RBLX) PT Lowered to $35 at Morgan Stanley

Morgan Stanley analyst Matthew Cost lowered the price target on Roblox Corp. (NYSE: RBLX) to $35.00 (from $42.00) while maintaining a Equalweight rating.

The analyst comments RBLX's 2Q guidance and reduced '24 outlook disappointed, with weaker content offerings and app performance issues weighing on... More

Roblox (RBLX) stock plunges as it cuts annual bookings forecast, Q2 bookings outlook misses consensus

(Updated - May 9, 2024 12:14 PM EDT)

(Updated - May 9, 2024 8:17 AM EDT)

Roblox (NYSE: RBLX) reported first-quarter financial results that surpassed analyst expectations for earnings and revenue, but a weaker-than-expected bookings outlook for the second quarter sent shares plummeting by as much as 28%.

The company announced a Q1 loss per share of -$0.43, which was $0.10 better than the analyst estimate of a -$0.53 loss per share. Revenue for the quarter reached $801.3 million, exceeding the consensus estimate of $769 million and marking a 22% increase YoY. Q1 bookings grew 19.4% YoY to $923.8... More