Wedbush raises price target on Roblox to $110, sees growth potential in gaming sector

From Yahoo Finance: 2025-06-17 11:22:00

Roblox Corporation (NYSE: RBLX) is recognized as one of the 10 Hot Large Cap Stocks to Buy Now. Wedbush raised the price target on RBLX to $110, stating it sees the company as a compelling growth opportunity in the video game sector due to its expanding user base and potential profit drivers.

Roblox Corporation (NYSE: RBLX) is experiencing significant engagement growth in Q2 with its Grow a Garden feature. The company expects this trend to continue into Q3 across other games as summer approaches. Additionally, Roblox has partnered with Google to enhance ad revenue growth.

Roblox Corporation’s (NYSE: RBLX) platform includes the Roblox Client, Roblox Studio for exploring 3D worlds, and Roblox Cloud for infrastructure. While RBLX shows investment potential, some believe other AI stocks offer greater upside with less risk. A report on the best short-term AI stock is available.

Jim Cramer has positive remarks on Roblox Corporation (RBLX), stating, “I Think It’s Terrific.” The company’s expanding user base, potential profit drivers, and upcoming products make it an appealing investment in the gaming sector. Roblox’s partnership with Google for rewarded ad formats is expected to boost ad revenue growth.



Read more at Yahoo Finance: Wedbush Raises PT on Roblox Corporation (NYSE:RBLX) to $110 From $91, Keeps an Overweight Rating