Roblox shares sink as the company’s Q3 earnings release indicate continued challenges on the profitability front. Here’s why RBLX stock is still worth buying.
Roblox (RBLX) remains unprofitable as losses have grown at an annual rate of 25.2% over the last five years. The company’s shares currently trade at $113.00, which is above the estimated fair value of ...
Goldman Sachs upgraded Roblox (RBLX) to Buy from Neutral with a price target of $180, up from $155, following the Q3 earnings report. The company ...
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The government is stepping up its review of online safety rules after two separate incidents involving children and digital ...
Oppenheimer lowered the firm’s price target on Roblox (RBLX) to $150 from $158 and keeps an Outperform rating on the shares. The firm notes the company reported Q3 bookings of $1.92B, ahead of FactSet ...
Cindy Rose joined WPP earlier this year with a turnaround plan for the world’s one-time biggest ad buyer and agency holdco.
Investors are continuing to parse the latest earnings from major tech companies, and almost all of them so far have indicated ...