HSBC starts Roblox at Buy amid improving economics, growing market potential

HSBC has started coverage on Roblox with a Buy rating and a $63 target, citing user growth, improved margins, advertising potential, and a projected increase in older users.

Roblox shares gain as Raymond James says '4Q trends shaping up well'

Raymond James raises Roblox's stock outlook due to strong user growth and a new Robux purchase strategy, increasing the price target to $63 while maintaining a Strong Buy rating.

Meta Platforms added to Raymond James Favorites List

Roblox stock added to analyst current favorites list at Raymond James

Street calls of the week

Summary of Wall Street analysts' upgrades and downgrades for Roblox, Carvana, Snowflake, SolarEdge, and Bath & Body Works during the past week.

Roblox shares jump as Morgan Stanley upgrades stock, raises PT to $65

Roblox shares rose after Morgan Stanley upgraded the stock and raised its price target, citing strong growth and increased appeal to older users and diverse demographics.

Roblox shares spike by 16% as video game platform lifts bookings guidance

Roblox shares soared over 16% after strong booking guidance despite safety concerns, revealing Q3 bookings of $1.13 billion and a 27% increase in daily active users.

What is the potential impact of U.S. Android Play Store remedies

Roblox plans to open office in Turkey if access to platform restored

Roblox plans to open an office in Turkey pending access restoration, following a government ban over child protection concerns. The company aims to engage with local authorities.

Web3 Gaming Startup PiP World Secures $10 Million Seed Funding from Leading Global Fintech Organization Exinity

PiP World secures $10 million in seed funding from Exinity to enhance financial education through gamified Web3 gaming and EdTech solutions, addressing financial literacy gaps globally.