Pitz recently lowered his price target for Roblox by $1 and maintained an outperform rating. The new target, $56 per share, suggests that the stock can soar by about 81% over the next 12 months.

Good news, investors! Roblox is still a bargain right now. According to my valuation, the intrinsic value for the stock is $55.10, but it is currently trading at US$33.56 on the share market ...