BMO Lifts Roblox (RBLX) Price Target, Keeps Outperform Rating

On Friday, May 30, BMO Capital Markets raised the price target for Roblox Corporation (NYSE:RBLX) from $82 to $95 and maintained an “Outperform” rating. This change reflects the firm’s positive view of the corporation’s performance, especially because of strong growth in daily active users (DAUs) in the second quarter of 2025.

BMO Capital Markets pointed out that data from Sensor Tower shows Roblox’s daily active user growth is accelerating in the second quarter. This suggests that Roblox Corporation (NYSE:RBLX) could report results that exceed its own guidance and consensus estimates.

BMO Lifts Roblox (RBLX) Price Target, Keeps Outperform Rating

A person taking lessons through Roblox Education, expanding their knowledge and skills.

The analyst noted that “Grow a Garden, a new hit game,” is behind this growth in DAUs. This game, which was launched on March 25, has set multiple records for user engagement. In response to this success and the overall increase in user activity, BMO raised its forecast for Roblox Corporation’s (NYSE:RBLX) second-quarter bookings by 2.9% to $1.216 billion.

Roblox Corporation (NYSE:RBLX) is an American video game company that is known for the development of Roblox, an immersive gaming and creation platform. Roblox allows users to design, share, and play millions of games created by users.

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