Roblox lifts bookings forecast as spending defies tariff uncertainty

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Go back to Roblox lifts bookings forecast as spending defies tariff uncertainty

Roblox Corp. (RBLX) PT Raised to $80 at JPMorgan

May 1, 2025 3:48 PM EDT

JPMorgan analyst Cory Carpenter raised the price target on Roblox Corp. (NYSE: RBLX) to $80.00 (from $75.00) while maintaining a Overweight rating.

The analyst comments "RBLX reported a 1Q beat and raised its 2025 outlook across all metrics. Bookings growth of 31% Y/Y beat mgmts 22-24% guide and met investor expectations of ~30%, and RBLX raised the 2025 Bookings guide from 20% to 22%.... More