Texas Attorney General Ken Paxton late on Thursday said he is suing online gaming platform Roblox over child safety concerns, accusing the company of “deceiving parents about the dangers of its platform.”
Roblox has been sued by Texas Attorney General Ken Paxton, who on Thursday accused the online gaming platform of deceiving parents about the safety risks it poses to children.
Roblox (RBLX) stock has decreased by 22.3% in less than a month, dropping from $138.56 on 10/15/2025 to $107.66 currently. The sell-off comes after the company's recent Q3 earnings, which showed significant revenue and user growth, but also a large net loss compared to last year.
If the analyst responses to the Q3 earnings results serve as a guide, the Q3 pullback in Roblox's NYSE: RBLX stock presents a compelling buying opportunity. Analyst revisions tracked by MarketBeat reveal a mixed response, to be sure, including a few price target reductions.
Shares of online video gaming name Roblox are down following the release of its Q3 results and concerning guidance. Roku shares are trading at a discount for temporary reasons.
Roblox and Spotify are delivering strong growth in revenues, and it has a lot to do with how they are using AI to drive user engagement. Roblox just reported another strong quarter, with daily users surging 70% year over year.
Strong growth in daily users and top-line growth has more than doubled Roblox stock this year. The viral success of the game “Grow a Garden” contributed significantly to Roblox's second-quarter growth.
Wedbush analysts believe Roblox Corp (NYSE:RBLX) is the most compelling growth opportunity in the video game sector. In a note to clients on Friday, the analysts cited the company's recent hit games driving “massive” platform growth, its slate of new and upcoming products and investments, and the potential to unlock additional profit drivers within its business as it continues to expand as rea...
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