Advertising is Roblox’s biggest profitability lever. Older users already make up most of Roblox’s daily active users, and retaining them as they spend more could dramatically improve monetization.
Citi raised the firm’s price target on Roblox (RBLX) to $155 from $152 and keeps a Buy rating on the shares ahead of the Q3 report on October 30. The firm says data from RoMonitor indicate a Q3 ...
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