Roblox Corporation (RBLX) shares have reached a new 52-week high, touching $66.88 amidst a flurry of investor enthusiasm. InvestingPro data shows the stock is currently trading at overbought ...

Oppenheimer predicts that, under optimistic assumptions, Roblox’s quarterly bookings run-rate at the end of June could surpass management’s high-end guidance by 66%.

BTIG raised the firm’s price target on Roblox (RBLX) to $73 from $66 and keeps a Buy rating on the shares. Q4 results missed the firm’s estimates and came in slightly below buy-side ...