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Over the past 3 months, 17 analysts have published their opinion on Roblox (NYSE:RBLX) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Roblox Corp (NYSE: RBLX) shares are trading lower by 9.68% at $27.15. Roblox is falling after Atlantic Equities downgraded the stock from Overweight to Neutral and announced a $30 price target.
Roblox Corp (NYSE: RBLX) shares are trading lower by 12.58% at $30.03. Stocks have been highly volatile following the Federal Reserve’s recent 50 basis point rate hike, which has weighed on the Nasdaq heavily.