Roblox has picked up its revenue growth and cash flow generation, leading to investor enthusiasm. Growth could decelerate again in 2025, but management sees a path to quadruple the size of its market.
Roblox shares gained 3.9% after Raymond James raised its price target to $165, citing strong Q3 momentum from viral titles and 76% bookings growth. Analyst Andrew Marok’s bullish outlook comes ahead ...