AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Roblox Stock (RBLX) Surges After Analyst Raises Price Target
ByAinvest
Wednesday, Jul 16, 2025 3:23 pm ET1min read
Roblox (RBLX) stock surged 7% after JPMorgan analyst Cory Carpenter raised the price target to $125 from $120 and maintained a Buy rating. The upgrade reflects the analyst's optimism due to rising user activity and accelerating momentum on the gaming platform. Carpenter expects RBLX's bookings to grow 37% in Q2 and 30% in Fiscal 2025.
Roblox (RBLX) stock experienced a significant surge of 7% on Wednesday, following a positive upgrade from JPMorgan analyst Cory Carpenter. The analyst reaffirmed his confidence in the stock by raising the price target to $125 from $120 while maintaining a Buy rating [1].The upgrade reflects Carpenter's optimism about Roblox's performance, driven by rising user activity and accelerating momentum on the gaming platform. Carpenter highlighted record-breaking engagement levels, with the platform achieving an all-time peak of 32 million concurrent users over the weekend. The popular game "Grow A Garden" attracted an impressive 21.5 million users on July 12 [1].
Looking ahead, Carpenter expects Roblox's bookings to grow 37% in Q2 and 30% in Fiscal 2025, both well above Roblox’s guidance. The analyst also raised his broader financial estimates, reflecting optimism about the platform's ability to drive user growth and spending [1].
In other positive news, Roblox recently disclosed a new self-serve IP licensing tool that allows developers and studios to license popular characters and digital assets. This initiative will combine iconic franchises such as "Stranger Things," "Squid Game," "Twilight," "Saw," and "Like A Dragon" into Roblox’s universe. This move is expected to attract more creators and boost revenue across the platform [1].
With its stock up about 107% year-to-date, Roblox is proving it’s more than just a pandemic-era favorite. It’s becoming a major player in digital entertainment, blending gaming, social interaction, and user-created content into one platform [1].
Turning to Wall Street, RBLX stock has a Moderate Buy consensus rating based on 15 Buys, four Holds, and two Sells assigned in the last three months. At $89.43, the average Roblox stock price target implies a 25.28% upside potential [1].
References:
[1] https://www.tipranks.com/news/roblox-stock-rblx-surges-after-jpmorgan-analyst-boosts-price-target
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet