Diamond Member Pelican Press 0 Posted June 5, 2025 Diamond Member Share Posted June 5, 2025 This is the hidden content, please Sign In or Sign Up This metaverse leader is primed for even more gains going forward, Bank of America says Roblox has “structural advantages” that can drive the stock higher, according to Bank of America. The bank upped its price target on the online game platform to $103 per share from $86 and reiterated its buy rating. BofA’s forecast calls for roughly 13% upside from Wednesday’s close. “We expect to see talent and capital flow into the RBLX ecosystem faster than mobile app & console games for the foreseeable future,” analyst Omar Dessouky wrote in a Wednesday note. “The string of strong results and share price rally appears to have catalyzed interest among new long-term oriented growth investors.” RBLX YTD mountain Roblox stock in 2025. Dessouky highlighted the company’s efforts within the metaverse, which he said could be a significant growth driver as adoption of the company’s platform expands. “RBLX is the ‘Metaverse’ category leader,” Dessouky said. “We see an extended runway for mid-20% growth as users worldwide adopt Roblox’s Metaverse, in a virtuous cycle that will draw developers, brands, and merchants to the platform.” “Roblox is not saddled with legacy media businesses that require transition to a Metaverse, and can thus allocate 100% of its resources toward maintaining Metaverse product leadership,” the analyst added. “Rapid productization of innovations could result in consistent upside to growth estimates.” Shares have surged more than 57% in 2025. Most analysts covering Roblox have a buy or strong buy rating, according to LSEG. However, the average price target implies downside of more than 18%. This is the hidden content, please Sign In or Sign Up #metaverse #leader #primed #gains #Bank #America This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/269393-this-metaverse-leader-is-primed-for-even-more-gains-going-forward-bank-of-america-says/ Share on other sites More sharing options...
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