Piper Sandler raises Roblox price target to $54.00. Survey shows increase in teen usage and decrease in those who have never played.

According to Insider Monkey’s database, 54 hedge funds held stakes in Roblox Corporation (NYSE:RBLX) as of the second quarter.

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% ...

Wells Fargo analyst Ken Gawrelski raised the firm’s price target on Roblox (RBLX) to $58 from $54 and keeps an Overweight rating on the shares. Roblox posted an exceptionally strong Q3 bookings ...

Shares of U.S. gaming company Roblox soared in its trading debut on the New York Stock Exchange Wednesday, valuing the company at more than $45 billion.The California-based company is among the ...

Roblox (RBLX) averaged 54.1 million Daily Active Users (DAUs) in Q1 2022 Year over year growth shows Daily Active Users for Roblox up by 28 percent.

Roblox's $45 billion valuation is 25 times its sales forecast for this year. As revenue growth drops from 82% to 20% to 30%, Roblox should not trade over four times more than its peers.

If Roblox's 54.7 million daily players were a country, it would be bigger than Spain, Australia, Colombia and Canada.

Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion.