Roblox Q2 Earnings Sends RBLX Leveraged ETF Surging 23.7%

Roblox Q2 earnings exceeded expectations, with net bookings reaching $1.4 billion, up 51% YoY, and daily active users reaching 111.8 million, up 41% YoY. The T-REX 2X Long RBLX Daily Target ETF (RBLU) surged 23.7% in response, while the Roundhill Video Games ETF (NERD) and Bitwise Web3 ETF (BWEB) saw earnings boosts due to Roblox's presence in their portfolios.

Roblox (RBLX) reported its second-quarter 2025 earnings, with net bookings reaching $1.4 billion, a 51% year-over-year increase. Daily active users (DAUs) reached 111.8 million, up 41% year-over-year. The results exceeded analyst expectations, with bookings of $1.44 billion surpassing the consensus estimate of $1.27 billion. The company's adjusted EBITDA rose 180% to $205 million, while daily active users hit 111.8 million, surpassing estimates [1].

The stock responded positively, with Roblox shares surging more than 17% in premarket trading to $147.06. The T-REX 2X Long RBLX Daily Target ETF (RBLU) surged 23.7%, while the Roundhill Video Games ETF (NERD) and Bitwise Web3 ETF (BWEB) also saw earnings boosts due to Roblox's presence in their portfolios [2].

Analysts raised their price targets following the earnings report. Wedbush, Needham, and BofA now see Roblox stock hitting up to $165, driven by viral games, AI tools, and monetization growth. The company's growth potential is seen as driven by AI leadership and a strong pipeline of viral games [2].

Looking ahead, Roblox expects bookings in the third quarter of $1.62 billion, vs. the consensus estimate of $1.41 billion. The company's full-year 2025 guidance was raised, with bookings expected to reach $6.06 billion and EBITDA to $1.41 billion [1].

Despite potential challenges from new leadership and tough comparisons in 2026, analysts expect Roblox to reaffirm its +20% year-over-year growth forecast and project margin expansion of 100 basis points in 2025 and over 300 basis points in 2026-27 [2].

References:
[1] https://www.investors.com/news/technology/roblox-stock-rblx-q2-2025-results/
[2] https://www.benzinga.com/analyst-stock-ratings/reiteration/25/08/46801220/magnitude-of-robloxs-q2-beat-unexpected-says-analyst