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Analysts are optimistic about Roblox Corp after its Developers Conference, with BofA Securities maintaining a Buy rating and JPMorgan reaffirming Overweight.
Discover the highlights from the Roblox annual developers conference, including annual payouts and new features.
CEO David Baszucki told creators that Roblox’s “next frontier” hopes to tap into 10% of the $180 billion global gaming market.
Roblox announced a new short-form video content application and an earnings increase for creators at its developers ...
Roblox (NYSE:RBLX) reported new user records in August, but Jefferies remains cautious on the stock despite the strong engagement trends.
Bigger payouts for developers While Roblox ditched the “metaverse” moniker a while ago, Bronstein notes that the company’s heart is still in immersive, three-dimensional gaming.