From Yahoo Finance: 2025-06-11 08:39:00

Roblox co-founder and CEO Dave Baszucki aims for 10% of the $190 billion gaming market to run on the Roblox platform. The company’s recent success with older kids, particularly in sports content, has led to growth in revenue, daily active users, and bookings. First-quarter results exceeded expectations, with sales up 29% to $1.03 billion. For the year, Roblox forecasts revenue of $4.3 billion to $4.365 billion, a 19.5% increase year over year, with adjusted operating profits projected between $205 million and $265 million. Roblox’s stock has soared 165% over the past year, with 70% of analysts rating it a Strong Buy or Buy. The average analyst price target is $77.95, 16% below current levels. JPMorgan analyst Cory Carpenter sees potential for sustained 20%+ bookings growth and FCF compounding at 30%+ through 2027. Three times a week, Yahoo Finance’s Brian Sozzi hosts the Opening Bid podcast, featuring conversations with business and market leaders. More episodes are available on the video hub or through preferred streaming services. Brian Sozzi can be followed on Twitter, Instagram, and LinkedIn, and contacted via email for story tips.



Read more at Yahoo Finance: We want a piece of this $190 billion market