Shopify (SHOP) Integrates with Roblox (RBLX)
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September 9, 2024 12:22 PM EDT
MoffettNathanson analyst Clay Griffin reiterated a Neutral rating and $31.00 price target on Roblox Corp. (NYSE: RBLX).
The analyst comments "We continue to rate Roblox (RBLX) Neutral with a $31 PT. Our primary valuation framework relies on a multi-year DCF analysis that incorporates an estimate for the after-tax burden of stock-based compensation (as it always has and throughout our coverage). Our terminal multiple for RBLX 28... More
September 9, 2024 6:09 AM EDT
BTIG analyst Clark Lampen raised the price target on Roblox Corp. (NYSE: RBLX) to $51.00 (from $47.00) while maintaining a Buy rating.
The analyst comments "Last Friday (9/6), Roblox hosted its annual developers conference (RDC). New, intermediate Bookings and DAU targets were provided alongside a deeper dive into the emerging advertising and on-platform commerce initiatives (+ more; a full summary is in the body... More
