Roblox Corp up 0.78% in pre-market at $74.59 amid analyst reiterations

Roblox Corp (RBLX) received a strong vote of confidence as Goldman Sachs reiterated its Buy rating, setting an ambitious price target of $180.

• The positive outlook is driven by anticipated 32.7% revenue growth, AI initiatives, and key partnerships with Alphabet and Shopify.
• The stock has recently faced headwinds, declining 6.13% over the past week amid mixed analyst views, including Piper Sandler lowering its target to $125.
• RBLX is trading at $74.59 (+0.78%) in pre-market activity.