Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating Roblox Corporation for potential violations of federal securities laws

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Roblox Corp. (RBLX) PT Raised to $63 at Citi

November 5, 2024 4:57 AM EST

Citi analyst Jason Bazinet raised the price target on Roblox Corp. (NYSE: RBLX) to $63.00 (from $53.00) while maintaining a Buy rating.

The analyst comments "We are updating our model to reflect 3Q24 results and our latest outlook. RBLX reported bookings, average bookings per DAU, and... More

Roblox Corp. (RBLX) PT Raised to $60 at Deutsche Bank

November 4, 2024 5:20 AM EST

Deutsche Bank analyst Benjamin Black raised the price target on Roblox Corp. (NYSE: RBLX) to $60.00 (from $45.00) while maintaining a Buy rating.

The analyst comments "Roblox reported very strong 3Q results, beating estimates materially on both the top and bottom lines. The company delivered $1.13bn in Bookings, accelerating 11 points sequentially to 34% y/y, which was 11%/10% ahead of our/Street estimates of $1.0bn/$1.0bn, respectively. The 3Q bookings outperformance was driven by strength in DAUs, payer conversion, and average bookings per DAU (ABPDAU), particularly in the age 13 and up demo, as AI-driven algorithm improvements drove... More

Roblox Corp. (RBLX) PT Raised to $58 at Macquarie

November 1, 2024 10:22 AM EDT

Macquarie analyst Aaron Lee raised the price target on Roblox Corp. (NYSE: RBLX) to $58.00 (from $50.00) while maintaining a Outperform rating.

The analyst comments "RBLX reported another strong beat-and-raise in 3Q with revenue growing 34% YoY and DAUs growing 27%. We continue to like RBLX's growth... More