RBLX - What's Going On With Roblox Stock Wednesday? | Benzinga
Roblox Corp (NYSE: RBLX) stock climbed after Wells Fargo analyst Ken Gawrelski initiated coverage with an Overweight rating and a price target of $49.
The re-rating reflected the audience platform with advertising upside.
The analyst derived the price target from a 25x multiple on his 2026 free cash flow/share estimate of $1.95.
The 25x multiple is a relative 3-year CAGR of free cash flow per share of >50%.
The gaming platform continues to pique investor attention ...