Professional
Added to YB: 2024-01-18
Pitch date: 2024-01-18
RBLX [bullish]
Roblox Corporation
+126.14%
current return
Author Info
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Company Info
Roblox Corporation operates an immersive platform for connection and communication in the United States and internationally.
Market Cap
$66.2B
Pitch Price
$39.14
Price Target
49.00 (-45%)
Dividend
N/A
EV/EBITDA
-103.74
P/E
-66.12
EV/Sales
14.59
Sector
Entertainment
Category
growth
Show full summary:
Wells Fargo gives $RBLX a base-case price target of $49
$RBLX: Expect Q4 bookings +21% y/y, above Street's +19.5%, on strong Nov/Dec engagement. See '24 guide modestly ahead of consensus for bookings & EBITDA. Ads to become larger contributor in '24. Monitoring ad platform progress. PT $49, 25x '26 FCFF/sh. Ads = upside potential.
Read full article (2 min)