JPMorgan raised the firm’s price target on Roblox to $51 from $50 and keeps an Overweight rating on the shares. The firm updated estimates and across its video game coverage ahead of earnings. Global ...
In September, a quirky game called Steal a Brainrot hosted 25 million players at the same time on Roblox’s global platform, surpassing a record set just months earlier by Roblox’s prior hit, Grow a ...
Roblox's stock has remained resilient, but its high valuation and recent decline in daily active users (DAUs) raise concerns. Despite Roblox's innovative platform and strong financials, its current ...