Roblox stock has more room to run, argues Morgan Stanley, as the online game can bring in a wider audience. Analyst Matthew Cost upgraded shares of Roblox to Overweight from Equal-Weight on Monday ...

Shares of Roblox (NYSE: RBLX) have soared to a three-year high following a series of better-than-expected quarterly results.

The gaming platform's algorithm may help it identify popular concepts before competitors, as it did with 'Grow A Garden,' analysts said.

San Mateo, California-based Roblox Corp. (RBLX) reported beat-and-raise results for the first quarter of the fiscal year 2025, prompting analysts to raise their price targets for the stock.

In this simple guide, learn how to get the Pitcher Plant seed in Grow a Garden, along with its price, sell value, and stats.

Roblox has also slowed hiring this year, holding personnel costs, excluding stock-based compensation, flat at 23% of bookings. Stock-based compensation does continue to grow rapidly, however.

Roblox might need to pivot toward cost-cutting over the next few quarters. There's no telling which way the market, let alone a single stock, will move in the short term.

Stock-based compensation is also a growing cost for Roblox, increasing 45% to $212.4 million compared to the same quarter last year.

Roblox continues to face modest growth and large operating losses, with little prospect of improvement in the near term. Learn why I'm neutral on RBLX stock.

Despite strong underlying metrics, the stock fell over 20% in midday trading on Aug. 9, as we suspect investors expected larger cost cuts. Underlying metrics improved across the board.

Shares in Roblox RBLX slid 20% Wednesday morning as the metaverse provider failed to cut costs as much as Wall Street had expected. While revenue grew 15% year-over-year, the company remained ...