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Roblox Corp (NYSE:RBLX), the $39.9 billion gaming platform company whose stock has surged 46% over the past year, reported that Chief Accounting Officer Amy Marie Rawlings recently sold 4,090 shares of the company’s Class A Common Stock, according to a Form 4 filing with the Securities and Exchange Commission. The transaction, which took place on February 24, 2025, was executed at a price of $61.30 per share, amounting to a total sale value of $250,717.
Following this transaction, Rawlings holds 71,493 shares, some of which are in the form of Restricted Stock Units (RSUs) that represent a contingent right to receive shares of the company’s Class A Common Stock. The sale was made under a pre-arranged Rule 10b5-1 Plan, which was adopted by Rawlings on May 29, 2024.
In other recent news, Roblox Corp. reported fourth-quarter results that aligned with consensus estimates for net bookings and exceeded expectations for adjusted EBITDA. However, the company did not meet projections for daily active users and provided 2025 bookings guidance slightly below analyst expectations. Citi analysts adjusted their price target for Roblox to $78, maintaining a Buy rating, reflecting a nuanced view of the company’s near-term financial trajectory. Meanwhile, Roblox is under investigation by the US Securities and Exchange Commission, as confirmed by Bloomberg News, though the exact subject of the probe remains undisclosed.
Benchmark analysts raised their price target for Roblox to $71, citing resilience in December exit growth and a solid financial performance throughout FY 2024. Needham analysts also increased their price target to $72, maintaining a Buy rating while noting a slowdown in bookings growth but highlighting robust underlying trends. Oppenheimer maintained a Perform rating post-strong Q4, noting a 19% year-over-year increase in daily active users and a 21% rise in bookings. Investors will closely monitor Roblox’s progress as it navigates these recent developments and analyst expectations.
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