Roblox Corporation (NYSE:RBLX) hit a notable milestone, with its stock reaching a 52-week high of $112, valuing the company at approximately $75.2 billion. This surge reflects a remarkable 170.35% increase over the past year, fueled by a solid 30.24% rise in revenue, underscoring strong investor confidence and a promising growth outlook.
Recent analyst activity further highlights market interest in Roblox. Oppenheimer has reaffirmed its Outperform rating and boosted its price target to $125, pointing to potential growth in bookings driven by the popular title “Grow a Garden.” The firm expects this momentum to translate into substantial year-over-year booking increases by Q2 2025. Similarly, Piper Sandler raised its price target to $105 while maintaining an Overweight rating, citing strong user engagement and record platform usage. Conversely, TD Cowen remains cautious, holding a Sell rating with a $40 price target, noting a decline in “Grow a Garden” user activity but acknowledging possible gains during the summer break.
In corporate updates, Roblox named Naveen Chopra as its new Chief Financial Officer, effective June 30, 2025. Chopra brings extensive leadership experience from his tenure at companies like Paramount, Amazon (NASDAQ:AMZN), Pandora (USOTC:PNDRY), and TiVo. His addition is seen as a strategic move to strengthen Roblox’s financial management and support ongoing expansion initiatives.
These developments paint a mixed but largely optimistic picture, reflecting both analyst enthusiasm and some reservations about Roblox’s near-term trajectory.