Overview

• Roblox shares are trading near $102, representing a gain of more than 75 percent this year and approaching levels last seen in late 2021.
• Oppenheimer raised its price target to $125 after noting the platform’s strong algorithm for identifying emerging gaming trends.
• Wedbush Securities boosted its target to $110, highlighting confidence in Roblox’s creator-driven content strategy.
• The ‘Grow a Garden’ game peaked at a record 16.5 million concurrent players, surpassing the previous high set by Fortnite.
• Analysts say Roblox’s evolution toward a publisher-style model positions it for continued growth as the global gaming market heads toward a projected $300 billion value by 2027.