Shares of Roblox Corporation (NYSE:RBLX) climbed to a 52-week high, reaching $82.07, fueled by robust demand for its online gaming platform. Analysts note that while technical indicators suggest the stock may be overbought, the company’s fundamentals remain strong, highlighted by a remarkable 30% year-over-year revenue increase and a solid financial position with more cash on hand than debt. Over the past year, Roblox’s share price has surged 151%, driven by an expanding user base and innovative monetization approaches that continue to outperform market expectations.

Following the company’s first-quarter 2025 earnings report, several analysts updated their outlooks on Roblox. Macquarie raised its price target to $80 with an Outperform rating, citing a 31% revenue growth and a 26% rise in daily active users, which led Roblox to lift its revenue forecast for 2025. Canaccord Genuity also increased its target to $84, praising strong user engagement, bookings, and revenue, along with the promising advertising partnership with Google (NASDAQ:GOOGL).

Goldman Sachs adjusted its price target upward to $80 while maintaining a Neutral rating, forecasting a 22% compound annual growth rate in bookings through 2027. Jefferies set a $70 price target with a Hold rating, recognizing broad improvements across the Roblox platform. Deutsche Bank reaffirmed its Buy rating with a $78 target, highlighting the potential impact of new Rewarded Video Ads developed in collaboration with Google, which could significantly enhance revenue streams.

Analysts are optimistic about Roblox’s growth prospects. Deutsche Bank estimates that the new advertising format may generate an additional $150 million to $300 million in revenue by 2026. Despite conservative short-term guidance, Jefferies’ James Heaney expects increased capital expenditures and R&D investments later in the year, signaling confidence in Roblox’s strategic trajectory. These positive updates reflect broad investor enthusiasm for the company’s continuing expansion and innovation in interactive entertainment.

Roblox stock price