tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Roblox price target raised to $138 from $118 at Roth Capital

Roth Capital analyst Eric Handler raised the firm’s price target on Roblox (RBLX) to $138 from $118 and keeps a Neutral rating on the shares. The company’s sizable Q2 outperformance and higher full year guidance demonstrate the maturation and strength of the Roblox platform and the model’s operating leverage, the analyst tells investors in a research note. Roth adds that Roblox management is being conservative, which is “reflected in the firm’s above guidance/consensus view for 2025”.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1