Roblox Corp. shares hit a record high after the popular video-game company reported daily active users and bookings in the second quarter that beat analysts’ expectations. Roblox’s record-breaking game Grow a Garden spurred much of the growth,

Shares of Roblox Corp. surged to a record high on Thursday after the video game maker reported higher user numbers and bookings than analysts had expected.

Roblox Corporation (NYSE:RBLX) is one of the best multibagger stocks according to hedge funds. On July 25, 2025, Wedbush’s Michael Pachter bumped his price target on Roblox (RBLX) from $110 to $142 while reaffirming an Outperform rating,