Roblox Stock Tumbles After Earnings as User Growth Misses and Guidance Disappoints
Roblox shares fell 17% after daily active users missed estimates and the company guided for another year-over-year decline in Q4 bookings.
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Google and Unity team up on AI tools that turn a text prompt into a playable game
Roblox and Meta already offer similar tools to huge audiences.
Jefferies Cuts Roblox to Underperform, Sees 18% Downside on Bookings
Jefferies kept its $38 target and said the post-Q2 rebound priced in too much bookings growth for the next year.
Meta’s New Game Tools Hit Unity. One Analyst Says the Selloff Looks Overdone
Unity fell after Meta unveiled Horizon Create and Studio. Freedom Broker says Roblox and Unity can weather the near-term competition.
JPMorgan: Roblox Weekend Play Hits Highest Level Since December
JPMorgan says Roblox hit 28.7 million peak weekend users, its highest level since December. “Steal An Egg” surged.
Roblox Stock Hit by Wave of Analyst Downgrades After Weak Guidance
Monetization slows, visibility drops, and price targets are cut.