Gaming stocks, morning of October 30: Roblox and Intel fall after earnings

Roblox and Intel shares fell in after-hours trading on Thursday following their quarterly results. The gaming platform forecast bookings below analyst expectations, while the chipmaker warned that weakness in the PC market would continue into 2027.

Roblox bookings forecast misses expectations

Roblox shares (RBLX, NYSE) fell about 9% after Thursday’s close, according to an early Investing.com report shortly after the results. The company expects fourth-quarter bookings of $1.89 billion to $2 billion, below the $2.01 billion analyst consensus cited by the outlet. Bookings measure sales activity and include amounts whose recognition as revenue is deferred to later quarters.

Third-quarter bookings were approximately $1.7 billion, down 12% from a year earlier, though they exceeded Roblox’s own forecast. Revenue rose 16% to about $1.6 billion, and average daily active users reached 138 million, up 12% from the previous quarter, according to the company’s shareholder letter.

Intel’s client computing revenue falls 5%

Intel shares (INTC, Nasdaq) fell 23% in after-hours trading on Thursday, according to the updated Reuters report. The company, which makes PC processors among other products, forecasts fourth-quarter revenue of $15 billion to $16 billion. Reuters said that was below the average analyst estimate of about $17.1 billion.

Intel’s overall third-quarter revenue rose 21% year over year to $16.5 billion. Revenue from its client computing business, however, fell 5% to about $8.1 billion, according to the company’s results. Intel’s chief financial officer told Reuters that PC market weakness, amid high memory prices, was likely to continue at least through the first half of 2027.

The CFO estimated that an October explosion at Intel’s Kiryat Gat plant would reduce its fourth-quarter revenue outlook by about $300 million, with a similar impact expected in the first quarter, Reuters reported. The plant was shut for two weeks, and the company is assessing which silicon wafers can still be used.

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