Roblox reported stronger-than-expected engagement in Q3, driven by the popular game Steal an Egg, leading Wedbush to raise its bookings and EBITDA estimates for the quarter. Despite a 7% year-over-year decline in total platform hours, excluding fading games, engagement actually grew 37%. Wedbush remains cautious about Q4 growth due to competition from the upcoming GTA 6 launch and believes Roblox needs consistent viral hits to sustain long-term growth and investor confidence. The company’s new personalized recommendation algorithm and intellectual property onboarding may help revive user engagement and monetization, especially among younger users.
Roblox shares trade at USD 45.62 on Pluang as of Oct 09, 2026 02:51 WIB, down 1.69% for the day and closer to its 52-week low of USD 35.54 than its high of USD 138.56. Despite the recent engagement boost from viral hits like Steal an Egg, investor sentiment appears cautious, reflected in the 85% sell order activity on Pluang. Typical hold time of 93 days suggests moderate-term investor interest amid ongoing concerns about sustaining growth.
GameStop shares rose 4% to $25.47, extending a 33% monthly rally as its warrant deadline with a $32 exercise price nears at the end of October. Despite trading below the warrant strike, insider Ryan Cohen continues buying shares, signaling confidence...
Unity's CEO announced a new game creation platform, Unity Spark, developed with Google, aiming to launch on web and mobile before expanding to consoles. This vision highlights Unity's strategy to attract creators from free tools to paid development s...
Unity Software's stock jumped 4% following a new AI-powered game creation partnership with Google, introducing a free tool that allows users to build games without coding. This move challenges Roblox, whose shares fell 3%, as Google's tool targets th...
