Benchmark ups Roblox target, recommends buying on selloff

Benchmark analyst Mike Hickey raised the firm’s price target on Roblox (RBLX) to $71 from $60 and keeps a Buy rating on the shares. The company reported “strong” Q4 results and 2025 guidance, targeting 20% bookings growth and approximately 150 points of margin expansion, the analyst tells investors in a research note. The firm thinks Roblox’s bookings growth could outpace user and hour engagement growth in fiscal 2025, saying the company’s monetization initiatives continue to gain traction. It believes in Roblox’s long-term secular growth strategy and recommends incremental purchase of the shares on “opportunistic pullbacks” like today.