02:51 PM EDT, 10/24/2025 (MT Newswires) -- Roblox's ( RBLX ) new games drove "significant" growth to the company's online platform in Q3, Oppenheimer said in an earnings preview report Friday.

The company is due to report Q3 results before market open on Thursday.

Engagement hours in Q3 are expected to grow 27% sequentially, while bookings are expected to rise 53%, the analysts said.

Bookings in Q4 are expected to grow 46% while hourly engagement may decline during the quarter, according to the note.

Roblox's ( RBLX ) introduction of regional pricing for developer products, which are experience-specific in-game items, could raise the near-term payer ratio in developing markets. In the long term, the company's pricing optimization efforts should drive bookings growth, Oppenheimer said.

Oppenheimer reiterated an outperform rating on the stock and price target of $158 per share.

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