Roblox (NYSE:RBLX) Shares Gap Up – Time to Buy?

Posted by Francis Steltz on Jun 29th, 2026

Shares of Roblox Corporation (NYSE:RBLX – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $47.56, but opened at $50.90. Roblox shares last traded at $52.8630, with a volume of 2,489,982 shares traded.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Oppenheimer initiated coverage on Roblox in a research report on Friday, May 1st. They issued an “outperform” rating on the stock. Wolfe Research began coverage on Roblox in a report on Friday, May 1st. They set an “outperform” rating for the company. Jefferies Financial Group downgraded Roblox from a “hold” rating to a “hold” rating in a research note on Friday, May 1st. Piper Sandler lowered Roblox from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $100.00 to $50.00 in a report on Monday, May 4th. Finally, Arete Research set a $95.00 price objective on Roblox and gave the company a “buy” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $86.30.

Read Our Latest Stock Report on Roblox

Roblox Stock Up 14.1%

The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market cap of $36.44 billion, a P/E ratio of -34.38 and a beta of 1.44. The stock’s fifty day simple moving average is $48.18 and its 200-day simple moving average is $62.16.

Roblox (NYSE:RBLX – Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported ($0.35) EPS for the quarter, topping the consensus estimate of ($0.41) by $0.06. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same period last year, the firm earned ($0.32) earnings per share. The business’s revenue for the quarter was up 43.4% on a year-over-year basis. As a group, research analysts forecast that Roblox Corporation will post -1.4 earnings per share for the current fiscal year.

Roblox announced that its Board of Directors has initiated a share buyback program on Tuesday, May 19th that authorizes the company to buyback $3.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 9.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other Roblox news, CFO Naveen K. Chopra sold 16,863 shares of Roblox stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $45.28, for a total value of $763,556.64. Following the completion of the transaction, the chief financial officer directly owned 380,758 shares of the company’s stock, valued at $17,240,722.24. The trade was a 4.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Gregory Baszucki sold 16,666 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $57.95, for a total value of $965,794.70. Following the sale, the director owned 1,302,834 shares of the company’s stock, valued at approximately $75,499,230.30. The trade was a 1.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 189,449 shares of company stock worth $9,179,410. 10.05% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Roblox

A number of large investors have recently bought and sold shares of the company. Cypress Wealth Services LLC bought a new stake in shares of Roblox during the 4th quarter worth approximately $2,373,000. Yarbrough Capital LLC increased its stake in Roblox by 1,514.5% in the fourth quarter. Yarbrough Capital LLC now owns 57,331 shares of the company’s stock valued at $4,646,000 after acquiring an additional 53,780 shares during the last quarter. Glynn Capital Management LLC acquired a new position in Roblox during the fourth quarter valued at approximately $5,706,000. Steadview Capital Management LLC acquired a new position in Roblox during the fourth quarter valued at approximately $12,884,000. Finally, Norges Bank bought a new stake in Roblox during the fourth quarter worth $435,424,000. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Roblox Company Profile

(Get Free Report)

Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.

Roblox’s business model is built around its virtual economy and creator ecosystem.