Is Roblox the next big play for investors? Wedbush just gave RBLX an ‘Outperform’ rating with a $165 price target, fueling excitement. But it’s not just Wedbush weighing in – other major analysts have chimed in with their predictions too. What does this mean for the future of the gaming giant?

Wedbush, a prominent financial services firm, has recently reiterated its “Outperform” rating for Roblox (NYSE:RBLX), signaling strong confidence in the online entertainment platform’s stock performance. This reaffirmation comes with an ambitious price target of $165.00, suggesting a significant upside potential for investors keenly observing the gaming and technology sectors. The financial community is closely monitoring such analyst endorsements as indicators of future market movements.

This optimistic outlook from Wedbush is not an isolated event within the analyst community. Other leading research firms have also weighed in on Roblox’s valuation, presenting a diverse range of perspectives. Wolfe Research, for instance, upgraded Roblox from “peer perform” to an “outperform” rating, setting a $150.00 target price. These collective analyses contribute to a dynamic investment landscape surrounding RBLX shares.

Further illustrating the varied but generally positive sentiment, The Goldman Sachs Group increased its target price on Roblox from $63.00 to $80.00, assigning a “neutral” rating. Bank of America, on the other hand, boosted their target price to $103.00 and maintained a “buy” rating, reflecting a more aggressive stance. Contrasting these, Cowen reissued a “sell” rating, while Needham & Company LLC raised its target to $159.00 with a “buy” rating, showcasing the complexity of market evaluations.

According to data compiled by MarketBeat, an aggregation of opinions from twenty investment analysts indicates a “Buy” rating, alongside four “Hold” ratings and two “Sell” ratings for Roblox stock. This consensus culminates in an average rating of “Moderate Buy” for the company, with an average price target hovering around $119.00. Such comprehensive stock market analysis provides a holistic view of Wall Street’s current disposition towards the RBLX investment.

Roblox’s most recent earnings report, released on July 31st, revealed a quarterly loss of ($0.41) per share, narrowly missing the consensus estimate of ($0.37). Despite this, the company posted robust revenue figures of $1.44 billion, surpassing analysts’ expectations of $1.20 billion and demonstrating a significant 50.5% year-over-year growth. However, the firm also reported a negative net margin of 23.67% and a substantial negative return on equity of 372.96%, highlighting areas for potential operational improvements.

Looking ahead, Roblox has provided its fiscal year 2025 guidance at an undisclosed Earnings Per Share (EPS), with Q3 2025 guidance also set for EPS. On average, financial analysts anticipate that Roblox will report ($1.49) earnings per share for the current fiscal year, reflecting ongoing expectations regarding the company’s profitability trajectory. This forward-looking guidance is crucial for understanding the potential for Roblox stock growth.

Recent insider trading activities have also captured investor attention. A director sold 66,000 shares of Roblox stock in early August, totaling over $8.5 million, significantly reducing their direct ownership. Similarly, another insider executed a sale of 6,000 shares for approximately $800,000. These transactions, which collectively represent a notable shift in insider holdings, often provide insights into leadership’s confidence in the company’s near-term prospects, influencing analyst price targets.

The institutional landscape surrounding Roblox is equally dynamic, with various hedge funds and investment firms adjusting their stakes. Gordian Capital Singapore Pte Ltd, ORG Partners LLC, Larson Financial Group LLC, Whipplewood Advisors LLC, and Thurston Springer Miller Herd & Titak Inc. are among those who have either increased or initiated positions, indicating a growing institutional interest in the gaming industry giant. These movements collectively account for 94.46% of the company’s stock held by institutional investors.

Roblox Corporation, at its core, develops and operates a highly popular online entertainment platform that reaches users globally. Its ecosystem includes Roblox Studio, a versatile toolset for content creation; Roblox Client, the application for user interaction with 3D experiences; and Roblox Cloud, which underpins the entire platform’s infrastructure. This integrated approach ensures a comprehensive and engaging user experience, contributing to the platform’s enduring appeal and the broader Wedbush rating considerations for RBLX investment.