Are Roblox's Woes Temporary? Analysts Cut Forecasts But Are …

May 10, 2024 · Goldman Sachs On Roblox Analyst Eric Sheridan maintained a Neutral rating while slashing the price target from $48 to $38. ... Are Roblox's Woes Temporary? Analysts …

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Are Roblox's Woes Temporary? Analysts Cut Forecasts But Are …

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May 10, 2024 · Goldman Sachs On Roblox Analyst Eric Sheridan maintained a Neutral rating while slashing the price target from $48 to $38. ... Are Roblox's Woes Temporary? Analysts …

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Unveiling Roblox (RBLX) Q3 Outlook: Wall Street Estimates For Key ...

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Oct 28, 2024 · Wall Street analysts expect Roblox (RBLX Quick Quote RBLX - Free Report) to post quarterly loss of $0.38 per share in its upcoming report, which indicates a year-over-year …

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Roblox (RBLX) Stock Forecast And Price Target 2025 - MarketBeat

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Jan 31, 2025 · According to the research reports of 24 Wall Street equities research analysts, the average twelve-month stock price forecast for Roblox is $59.14, with a high forecast of $76.00 …

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Roblox Shares Fall Over 20% After Missing Revenue Projections

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Aug 9, 2023 · Shares for Roblox Corporation fell by more than 20% on Wednesday after the company reported second-quarter revenue that fell short of projections, as the video game firm …

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Roblox Shares Slip As CFO Guthrie Steps Down After Six Years

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Aug 1, 2024 · That compares with the $935.8 million average of analysts estimates, according to data compiled by Bloomberg. In the second quarter, bookings rose 22% from a year earlier to …

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Roblox Stock Sinks On Bookings Miss And Weak Forecast - Yahoo

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1 day ago · For its current fiscal second quarter, Qualcomm forecast a sales range with a midpoint of $10.75 billion and adjusted profits of $2.80 per share, both above analyst estimates of sales …

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Roblox Stock Soars 22% After Q3 Earnings - MarketBeat

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Nov 4, 2024 · Roblox released its Q3 2024 results on October 31, sending shares soaring by over 22% last week. The company reported an earnings per share (EPS) of -$0.37, beating the …

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Analysts Praises Roblox Stock's Long-Term Outlook

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Nov 4, 2024 · Coming into today, Roblox stock was up 12.5% since the start of 2024. Shares secured a sixth-straight daily win last week, a 19.9% gain on Oct. 31 after the company beat …

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FAQs about Are Roblox's Woes Temporary? Analysts Cut Forecasts But Are … Coupon?

What does Roblox's forecast mean for the videogame industry?

Roblox's forecast adds to worries about the videogame industry's health, after a lackluster outlook from Electronic Arts, which blamed weak bookings - a key measure of in-game spending - on its struggling soccer franchise. ...

Why did Roblox cut its annual bookings forecast?

REUTERS/Brendan McDermid/File Photo (Reuters) - Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation. The company's shares fell 18% in premarket trading. ...

Is Roblox a 'hard to model' company?

Mike Hickey, an analyst for MKM Partners, told the Wall Street Journal that Roblox—which went public in 2021—is a company that is “hard to model” and could have had “a great quarter” if it provided its own quarterly guidance to shareholders, which it does not do. ...

What is Roblox's revenue forecast?

Electronic Arts also gave a weak revenue forecast earlier this week. Roblox now expects full-year bookings to be between $4 billion and $4.10 billion, down from its earlier forecast of $4.14 billion to $4.28 billion. Its second-quarter bookings forecast of $870 million to $900 million was also below estimates. ...

Why did Roblox stock drop 26% in premarket trading?

Its GAAP loss of $0.33 per share was 26.2% above analysts’ consensus estimates. Roblox forecast annual bookings below market estimates on Thursday, sparking fears growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 26% in premarket trading. ...

Why did Roblox lose engagement in the first quarter?

Roblox indicated it witnessed a decline in engagement in the first quarter, across regions, age cohorts and platforms, while identifying the likely cause as "a need for fresher content and more personalized experiences (as opposed to any competitive dynamic or market saturation)," Sheridan said in a note. ...