Lawsuits keep on piling up against Roblox, a gaming and creation platform with an estimated 380 million monthly active users.

The lawsuit also alleges that Roblox misleads parents and guardians into believing the gaming app is a safe and appropriate place for children.

Turning to Wall Street, the analysts’ consensus rating for Roblox is Moderate Buy, based on 14 Buy, eight Hold, and a single Sell rating over the past three months. With that comes an average RBLX stock price target of $141, representing a potential 62.87% upside for the shares.

TL;DR: Roblox faced a $12 billion market cap loss after banning YouTuber Schlep, who exposes child predators on its platform. The ban sparked community outrage, a petition against CEO David Baszucki, and a Louisiana lawsuit accusing Roblox of failing to ...

Two new lawsuits filed in Los Angeles and Riverside counties accuse the popular online platforms of creating an unsafe environment for children.

Roblox faces slowing growth, lawsuits and valuation risks. Analysts warn the stock could drop 40% amid mounting challenges.

A Russian ban on U.S. gaming platform Roblox has fuelled debate among some children and parents about censorship and the utility of bans in a world where children can bypass limits with a few clicks.

A Dale County mother says what started as an innocent gaming distraction for her 8-year-old daughter in 2020 quickly turned into a nightmare involving online predators and sexual exploitation.