The video game company is likely to record further growth in revenue amid an ongoing expansion plan.

Roblox is in the early stages of significant growth, mainly due to its thriving developer community and user base.

Therefore, growth investors should continue accumulating the stock and holding it for the next few years. In addition, this opportunity will enable investors to capture a higher margin of safety. “Notably, RBLX’s platform includes content developed by individual creators and video game studios, as well as non-endemic businesses such as film/TV studios and musical artists, which demonstrate the use case for non-gaming general entertainment that should broaden the appeal of the Roblox platform,” said Goldman Sachs Analyst Reacts: Michael Ng.īased on this bullish future outlook, any price dip for Roblox should present a buying opportunity for value investors. Some analysts observe that RBLX’s ability to offer diverse content is a good base for the stock’s growth. The analysts put the stock’s average target at $87.33 with a high forecast of $103.00 for the next 12 months. Roblox’s positive future outlook is cemented by seven Wall Street analysts who recommend buying the stock.

Roblox stock price prediction