Piper Sandler raised the firm’s price target on Roblox (RBLX) to $65 from $54 and keeps an Overweight rating on the shares. Roblox had an “impressive” Q3 as bookings growth inflected to 34% ...
Roblox is a massive app — as of September 2023, Roblox says it has more than 65 million daily active users — and it’s becoming an increasingly interesting platform to watch amid growing competition ...
Roblox has no trouble attracting players, but profitability is another story. With steep losses and a premium valuation, ...
A new proposed class-action lawsuit (as noticed by Bloomberg Law) accuses user-generated "metaverse" company Roblox of profiting from and helping to power third-party websites that use the platform's ...