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Roblox CEO Defends Margin Drop Amid Stock Sell-Off, Cites AI And Infrastructure Spending: Report
Roblox Corp. (RBLX) stock fell sharply on Thursday despite the company beating both revenue and earnings expectations for its most recent quarter. Investors reacted to guidance suggesting operating ...
(Reuters) -Roblox on Thursday raised its annual bookings forecast for the third time on the back of strong in-game spending on viral titles but flagged a margin decline next year due to higher ...
Investing.com -- Benchmark downgraded Roblox Corp to Hold from Buy and removed its price target, saying the gaming platform is moving from a phase of rapid expansion to one of normalization as ...
Benzinga - by Anusuya Lahiri, Benzinga Editor. Piper Sandler analyst Thomas Champion maintained Roblox Corp (NYSE: RBLX) with an Overweight and raised the price target from $50 to $52. The analyst ...
On Thursday, Jefferies reevaluated its stance on Roblox Corp. (NYSE: RBLX) stock, maintaining a Hold rating but adjusting the shares target downward to $42 from the previous $51. The firm's analysis ...
Stifel analyst Drew E. Crum reiterated the Buy rating on Roblox Corporation RBLX with a price target of $41. The company will report third-quarter 2023 financial results before opening the U.S.
Needham analyst Bernie McTernan maintained Roblox Corp RBLX with a Buy and cut the price target from $53 to $47. The price target cut reflected lower adjusted EBITDA estimates. Throughout this ...
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