Novo Nordisk, Eli Lilly fall after Trump comments on weight loss drug pricing
Investing.com - Jefferies raised its price target on Roblox Corp. (NYSE:RBLX) to $130.00 from $126.00 while maintaining a Hold rating on the stock. The new target sits near the middle of the current analyst range of $65-$180, with the stock currently trading at $128.24. According to InvestingPro data, Roblox has delivered an impressive 214% return over the past year.
The investment firm increased its third-quarter 2025 bookings growth forecast to 57% year-over-year, exceeding Roblox’s guidance of 47%, but noted that investors bullish on the stock may be looking for growth exceeding 60% to drive further share price appreciation. InvestingPro analysis indicates the stock is trading at elevated multiples, with two key ProTips highlighting its volatile price movements and high revenue valuation multiple. Additional insights are available with InvestingPro’s comprehensive analysis.
Jefferies highlighted that market attention is likely to shift toward Roblox’s increasingly difficult 2026 comparisons, with September and October engagement declining month-over-month from August highs, partially attributed to seasonal back-to-school effects.
The firm questioned whether 20%+ bookings growth from current levels remains an appropriate long-term target for the gaming platform company.
Jefferies raised its fiscal year 2026 EBITDA forecast by 4% to $1.95 billion while maintaining its 45x EBITDA multiple and Hold rating on Roblox shares.
In other recent news, Roblox Corporation has seen several significant developments. MoffettNathanson upgraded Roblox’s stock rating from Sell to Neutral, citing explosive growth in user metrics due to viral experiences on the platform. Despite this, TD Cowen maintained its Sell rating, although it acknowledged that its current estimates might be too conservative given the strong engagement data in the latter half of the third quarter. Meanwhile, Moody’s revised Roblox’s outlook to positive from stable, affirming its Ba1 rating, reflecting the company’s improving credit profile and robust growth in users and bookings.
Additionally, BMO Capital raised its price target for Roblox to $160, maintaining an Outperform rating, based on strong engagement metrics. Piper Sandler also increased its price target to $180, highlighting Roblox’s success in promoting viral content, which bolsters confidence in the platform’s long-term potential. These recent developments underscore the company’s continued strong performance and the varied perspectives among analysts regarding its future prospects.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.