• RBLX

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.

• RBLX

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.

• CRM
• ELF
• GDRX
• META
• ONON
• RBLX

Meta Platforms added to Raymond James Favorites List

• RBLX

Roblox stock added to analyst current favorites list at Raymond James

• BBWI
• CVNA
• RBLX
• SEDG
• SNOW

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.

• RBLX

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.

• RBLX

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.

• BMBL
• GOOGL
• MTCH
• RBLX

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

• RBLX

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.

• RBLX

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.