Roblox Rises 11% as Analysts Boost Targets Amid Positive Inflection

Roblox Corp. stock surged 11% on Monday after three analysts raised their price targets following the Roblox Developers Conference. Wells Fargo lifted its target to $64 from $46, saying Roblox's business has bottomed out and a positive inflection is underway. BofA said the company's content-discovery philosophy may support Q4 and 2027 estimates, while Wedbush kept a 'Neutral' rating but hiked the target price to $48 from $40. The analysts highlighted Roblox's game-discovery algorithm, new 18-plus initiatives, and expansion beyond its own platform as growth drivers.