-
Posted by
Two Blokes Apr 23 -
Filed in
Stock
-
5 views
I expect Roblox to beat analysts' estimates for bookings and EPS when it reports its Q1 earnings on May 1st. The new rewarded video ads offering could help Roblox monetize its non-paying users and could provide it with more than $400 million in high-margin annual revenues. I'm reiterating my strong buy rating for Roblox and raising my price target to $110 by 2027, representing 78% upside from its current valuation.
