02:45 PM EDT, 06/11/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lift our 12-month target to $110 from $84, with an EV/Sales multiple of 10.5x our 2026 revenue estimate, above its five-year historical average of 8x. We keep our 2025 and 2026 LPS estimates at -$1.45 and -$1.00, respectively. We maintain our Buy rating on accelerating fundamentals and strong execution. RBLX's Q1 results significantly exceeded guidance, with revenue of $1.035B (+29% Y/Y), bookings of $1.207B (+31%), and daily active users (DAUs) approaching 100 million (+26%). We think the 30% growth in hours engaged to 21.7B demonstrates exceptional platform stickiness. International expansion is a key catalyst, with Japan DAUs growing 48% and India growing 77%. We expect continued monetization gains from the aging user base (61% are 13+) and enhanced creator economy, with developer payouts reaching $282M in Q1 (+39% Y/Y). We like its sustained revenue growth of 25%+, expanding international footprint, and the platform's evolution toward a comprehensive digital experience ecosystem rather than just gaming.