Roblox Reports Declining Bookings in Q4 2021, Stock Plummets 15%
(Roblox) Shares of Roblox fell by more than 15% in premarket on Wednesday after the company’s bookings revenue in the fourth quarter of 2021 rose 20% to $770.1 million. The…
Roblox Revenue More Than Doubles in Q3 2021
(Roblox) Revenues of Roblox Corporation rose 102% to $509.3 million in the third quarter of 2021 from the prior year, with growth recorded across all core metrics. Net loss attributable…
Roblox (RBLX) Stock Price Forecast: Third-Quarter Earnings Analysis
Roblox stock up 1.62% premarket ahead of the Q3 earnings release.Wall Street has its eyes on the Metaverse, and this is massive tailwinds for Roblox.But investors are anxious to know…
Roblox’s DAU Adds Slows, But Jumps 28% YOY
(Roblox) Global platform Roblox announced 43.0 million daily active users in May, a 28% jump from the comparable month of 2020. May DAU were 1% lower than April’s 43.3 million.…
Goldman Assigns Roblox a “Buy” Rating with $81 Price Target
Goldman Sachs analyst Michael Ng has set a $81 price target for Roblox after assigning the online video game a “buy” rating, according to The Fly. The premium rating reflects…
Roblox Co-Founder’s Fortune Climbs to $4.6 Billion after Shares Surge
Roblox co-founder David Baszucki's stake in the company rose to about $4.6 billion after the company's shares gained more than 50% on debut, according to Bloomberg. The NYSE set the…