Roblox shares jumped nearly 9% in early trading.
Roblox is scheduled to post its quarterly earnings results after the market closes on Monday, August 16th. Analysts expect Roblox to post earnings of $0.27 per share for the quarter.
RBLX has been the topic of a number of recent analyst reports. Citigroup initiated coverage on shares of Roblox in a research note on Wednesday, June 30th. They set an "overweight" rating on the stock. assumed coverage on shares of Roblox in a research note on Wednesday, June 30th. They set an "overweight" rating on the stock. Morgan Stanley increased their price objective on shares of Roblox from $80.00 to $87.00 and gave the company an "overweight" rating in a research note on Tuesday, May 11th.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments