Roblox lifts bookings forecast as spending defies tariff uncertainty
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Roblox Corp. (RBLX) PT Raised to $80 at JPMorgan
May 1, 2025 3:48 PM EDTJPMorgan analyst Cory Carpenter raised the price target on Roblox Corp. (NYSE: RBLX) to $80.00 (from $75.00) while maintaining a Overweight rating.
The analyst comments "RBLX reported a 1Q beat and raised its 2025 outlook across all metrics. Bookings growth of 31% Y/Y beat mgmts 22-24% guide and met investor expectations of ~30%, and RBLX raised the 2025 Bookings guide from 20% to 22%.... More

