Roblox (RBLX) Gains Analyst Support as New Game Fuels Bookings Growth Hopes

Roblox Corporation (NYSE:RBLX) ranks among the 10 best new stocks to buy in Ray Dalio’s portfolio. On January 12, BMO Capital reaffirmed its Outperform rating and $155 price target for Roblox Corporation (NYSE:RBLX), citing the release of a new game on the Roblox platform titled “Escape Tsunami For Brainrots!” that hopes to capitalize on the massive popularity of another hit game, “Steal a Brainrot.”

BMO Capital was encouraged by the new game’s solid early performance, adding that investors are waiting for signs that new breakout titles will boost Roblox’s long-term bookings growth this year.

Meanwhile, Wells Fargo cut its price target for Roblox Corporation (NYSE:RBLX) from $141 to $107 while retaining an Overweight rating on January 8, citing moderate growth estimates for 2026. The firm now forecasts 2026 bookings growth of 21% year-over-year, a decline from earlier projections of 31%, bringing its estimate closer to the consensus. Wells Fargo expects Roblox Corporation (NYSE:RBLX) to offer guidance for bookings of $7,850 million to $8,000 million this fiscal year, which represents a 19%-21% increase.

Roblox Corporation (NYSE:RBLX) is an interactive entertainment company. It operates an immersive platform that enables users to create, share, and experience 3D virtual worlds and games.

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Disclosure: None. This article is originally published at Insider Monkey.