JPMorgan Boosts Roblox Price Target to $125 Amid Strong User Growth

JPMorgan has increased its price target for Roblox (RBLX) from $120 to $125, maintaining an Overweight rating. The decision comes as Roblox exhibits significant user engagement growth with 32 million concurrent users and a 37% increase in bookings for Q2 and a 30% rise projected for fiscal year 2025. Based on 31 analysts, the average target price is $83.98 with a high estimate of $126.00 and a low estimate of $30.00.

JPMorgan Chase & Co. has increased its price target for Roblox (RBLX) from $120 to $125, maintaining an Overweight rating. The decision comes as Roblox continues to exhibit significant user engagement growth, with 32 million concurrent users and a projected 37% increase in bookings for the second quarter (Q2). Additionally, the firm expects a 30% rise in revenue for fiscal year 2025 [1].

The analyst highlighted surging engagement levels on the platform as a key factor behind the increase. Concurrent users reached an all-time peak of 32 million, while the popular experience Grow A Garden attracted 21.5 million participants on July 12. JPMorgan now expects Roblox’s bookings to climb 37% in Q2, with a projected 30% growth rate for fiscal 2025, both exceeding the company’s current forecasts [1].

Roblox’s revenue rose 29% year over year (YoY) to $1.035 billion in the first quarter (Q1), missing the consensus estimate of $1.14 billion. Bookings jumped 31% to $1.21 billion. The gaming platform reported a loss of $0.32 per share, narrower than the year-ago loss of $0.43 and an estimated loss of $0.39 [1].

The average target price among 31 analysts is $83.98, with a high estimate of $126.00 and a low estimate of $30.00. Roblox stock has gained over 94% year-to-date and has more than doubled in the last 12 months [2].

References:
[1] https://stocktwits.com/news-articles/markets/equity/roblox-retail-traders-stay-bullish-as-jpmorgan-lifts-price-target/ch8ha2WR5o2
[2] https://www.marketbeat.com/instant-alerts/roblox-nyserblx-price-target-raised-to-12500-at-jpmorgan-chase-co-2025-07-16/