Oppenheimer raised the firm’s price target on Roblox (RBLX) to $125 from $80 and keeps an Outperform rating on the shares. Increasing content velocity, robust technology infrastructure, global reach, and a deep bench of under-utilized monetization features make Roblox a compelling investment, despite a 76% stock price increase since April 10, the firm says This week, Oppenheimer hosted virtual fireside chats with five top Roblox studios, including Splitting Point Studios, which turned Grow a Garden into the world’s most popular game in the past weekend. The firm came away incrementally bullish on Roblox’s sustainable user growth momentum, rewarded ad revenue potential, and long-term market share gain potential from other gaming platforms. It sees upside to Q2 and 2026 estimates.
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