Roblox (NYSE:RBLX – Get Free Report) had its price target upped by research analysts at B. Riley Financial from $45.00 to $51.00 in a report issued on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. B. Riley Financial‘s target price would suggest a potential upside of 17.17% from the stock’s current price.
Other research analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Roblox from a “buy” rating to a “hold” rating and decreased their price target for the stock from $56.00 to $38.00 in a research note on Friday, July 31st. Needham & Company LLC reiterated a “buy” rating and issued a $55.00 price objective on shares of Roblox in a report on Friday. The Goldman Sachs Group reissued a “buy” rating and issued a $55.00 target price on shares of Roblox in a research note on Friday. Morgan Stanley dropped their target price on Roblox from $62.00 to $55.00 and set an “overweight” rating for the company in a report on Friday, July 31st. Finally, Piper Sandler restated a “neutral” rating and set a $47.00 price target (down from $50.00) on shares of Roblox in a research report on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twelve have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $53.35.
View Our Latest Research Report on Roblox
Roblox Price Performance
Shares of Roblox stock traded up $0.54 during trading on Monday, hitting $43.53. 6,220,896 shares of the stock traded hands, compared to its average volume of 11,740,063. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 7.82. The stock has a market cap of $29.22 billion, a price-to-earnings ratio of -31.62 and a beta of 1.45. The firm’s fifty day moving average is $46.34 and its 200-day moving average is $52.69. Roblox has a 52 week low of $33.88 and a 52 week high of $113.60.
Roblox (NYSE:RBLX – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported ($0.32) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.43) by $0.11. The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.63 billion. Roblox had a negative return on equity of 303.93% and a negative net margin of 16.48%. Roblox’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.37) EPS. Research analysts expect that Roblox will post -1.41 EPS for the current fiscal year.
Insider Buying and Selling at Roblox
In other Roblox news, CEO David Baszucki sold 52,568 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $37.96, for a total value of $1,995,481.28. Following the sale, the chief executive officer owned 799,646 shares of the company’s stock, valued at $30,354,562.16. This trade represents a 6.17% 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 business’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $42.87, for a total transaction of $714,471.42. Following the completion of the transaction, the director owned 1,252,836 shares in the company, valued at $53,709,079.32. The trade was a 1.31% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 186,390 shares of company stock worth $7,283,371 over the last ninety days. 10.05% of the stock is owned by company insiders.
Institutional Investors Weigh In On Roblox
Large investors have recently made changes to their positions in the business. QTR Family Wealth LLC lifted its stake in Roblox by 13.4% in the third quarter. QTR Family Wealth LLC now owns 7,332 shares of the company’s stock worth $311,000 after acquiring an additional 864 shares during the period. Kestra Private Wealth Services LLC boosted its stake in shares of Roblox by 89.7% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 14,462 shares of the company’s stock valued at $613,000 after purchasing an additional 6,837 shares in the last quarter. Chicago Partners Investment Group LLC increased its position in shares of Roblox by 72.2% during the third quarter. Chicago Partners Investment Group LLC now owns 41,890 shares of the company’s stock valued at $2,216,000 after buying an additional 17,564 shares during the period. Rakuten Investment Management Inc. increased its position in shares of Roblox by 14.7% during the third quarter. Rakuten Investment Management Inc. now owns 39,300 shares of the company’s stock valued at $1,618,000 after buying an additional 5,037 shares during the period. Finally, Provenance Wealth Advisors LLC purchased a new position in shares of Roblox during the third quarter valued at about $149,000. 94.46% of the stock is currently owned by institutional investors.
Key Stories Impacting Roblox
Here are the key news stories impacting Roblox this week:
- Positive Sentiment: Wolfe Research upgraded Roblox, providing a bullish counterpoint to the recent selloff. Roblox Upgraded at Wolfe Research
- Positive Sentiment: Morgan Stanley maintained its Buy rating, signaling continued confidence in Roblox’s longer-term growth prospects. Morgan Stanley Keeps Buy Rating
- Positive Sentiment: Roblox’s third-quarter bookings exceeded the high end of its guidance, while game volume using artificial intelligence increased 50% sequentially. These trends support engagement and future monetization potential. Roblox Third-Quarter Takeaways
Roblox Company Profile
Roblox Corporation operates Roblox, an online platform where users can create, publish, and participate in interactive digital experiences. The platform supports a broad range of user-generated content, including games, social spaces, entertainment, educational activities, and virtual events.
Roblox provides development tools through Roblox Studio, enabling creators and developers to design experiences and build virtual items and environments. Users can customize avatars, communicate with others, and access content across computers, mobile devices, consoles, and other supported platforms.
Read More
- Five stocks we like better than Roblox
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
- 3 Waste Services Stocks With More Growth Than You Might Expect
- Alphabet’s $400 Billion Sell-Off Could Be the Best AI Buying Window Left in 2026
Receive News & Ratings for Roblox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roblox and related companies with MarketBeat.com's FREE daily email newsletter.
