Roblox Corporation (NYSE:RBLX) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Roblox Corporation has received a consensus rating of "Moderate Buy" from 31 brokerages, with 20 analysts issuing buy recommendations.
• The average 1-year price objective for Roblox's stock among analysts is $129.22, with several firms recently adjusting their target prices.
• Insiders have sold 366,876 shares of Roblox stock in the past 90 days, indicating a potential decrease in confidence from key company figures.

Shares of Roblox Corporation (NYSE:RBLX - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the thirty-one brokerages that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and twenty have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $129.2222.

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group raised their price objective on shares of Roblox from $126.00 to $130.00 and gave the stock a "hold" rating in a research note on Tuesday. Arete raised Roblox from a "sell" rating to a "neutral" rating and set a $116.00 price objective for the company in a report on Tuesday, September 9th. Citigroup lifted their price target on Roblox from $152.00 to $155.00 and gave the company a "buy" rating in a report on Wednesday, October 8th. Needham & Company LLC lifted their price target on Roblox from $79.00 to $159.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, Wall Street Zen upgraded Roblox from a "sell" rating to a "hold" rating in a research report on Saturday.

Insider Buying and Selling

In other news, insider Matthew D. Kaufman sold 6,000 shares of the business's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $136.55, for a total transaction of $819,300.00. Following the completion of the transaction, the insider directly owned 278,642 shares in the company, valued at approximately $38,048,565.10. The trade was a 2.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Anthony P. Lee sold 111,112 shares of the business's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $131.01, for a total value of $14,556,783.12. The disclosure for this sale can be found here. Insiders have sold a total of 366,876 shares of company stock valued at $47,485,929 over the last 90 days. 12.92% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Baird Financial Group Inc. boosted its holdings in shares of Roblox by 1.4% in the second quarter. Baird Financial Group Inc. now owns 7,294 shares of the company's stock valued at $767,000 after buying an additional 102 shares during the period. Lido Advisors LLC raised its position in Roblox by 1.3% during the second quarter. Lido Advisors LLC now owns 8,529 shares of the company's stock worth $897,000 after acquiring an additional 106 shares in the last quarter. Perpetual Ltd raised its position in Roblox by 0.6% during the third quarter. Perpetual Ltd now owns 19,043 shares of the company's stock worth $2,638,000 after acquiring an additional 115 shares in the last quarter. Ossiam increased its holdings in shares of Roblox by 2.1% in the second quarter. Ossiam now owns 6,000 shares of the company's stock valued at $631,000 after purchasing an additional 123 shares during the last quarter. Finally, Emerald Advisers LLC grew its stake in shares of Roblox by 1.9% in the second quarter. Emerald Advisers LLC now owns 6,683 shares of the company's stock valued at $703,000 after acquiring an additional 124 shares in the last quarter. Institutional investors and hedge funds own 94.46% of the company's stock.

Roblox Trading Down 1.2%

Shares of RBLX stock opened at $132.81 on Friday. Roblox has a 12 month low of $39.30 and a 12 month high of $150.59. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 2.94. The business's 50 day moving average is $129.30 and its two-hundred day moving average is $103.67. The company has a market cap of $85.67 billion, a PE ratio of -92.87 and a beta of 1.63.

Roblox (NYSE:RBLX - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.37) by ($0.04). The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.20 billion. Roblox had a negative return on equity of 372.96% and a negative net margin of 23.67%.The company's revenue was up 50.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.32) EPS. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities analysts predict that Roblox will post -1.49 EPS for the current year.

Roblox Company Profile

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.

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