Roblox (NYSE:RBLX) Earns "Sell (D-)" Rating from Weiss Ratings

Roblox (NYSE:RBLX - Get Free Report)'s stock had its "sell (d-)" rating reiterated by investment analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

RBLX has been the subject of several other reports. Morgan Stanley increased their target price on shares of Roblox from $76.00 to $170.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. BTIG Research upped their price target on shares of Roblox from $159.00 to $173.00 and gave the company a "buy" rating in a research report on Tuesday, September 9th. Wall Street Zen downgraded shares of Roblox from a "hold" rating to a "sell" rating in a research report on Saturday, October 4th. Piper Sandler upped their price target on shares of Roblox to $180.00 and gave the company an "overweight" rating in a research report on Wednesday, September 24th. Finally, Cowen restated a "sell" rating on shares of Roblox in a research report on Monday, August 18th. Twenty analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $126.84.

Roblox Stock Up 0.7%

RBLX stock opened at $125.85 on Wednesday. Roblox has a 12 month low of $39.30 and a 12 month high of $150.59. The firm has a market cap of $81.18 billion, a PE ratio of -88.01 and a beta of 1.63. The firm has a 50 day simple moving average of $129.15 and a 200 day simple moving average of $100.23. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.97 and a quick ratio of 0.97.

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

Insider Activity at Roblox

In other Roblox news, insider Matthew D. Kaufman sold 6,000 shares of the company's stock in a transaction that occurred on Thursday, September 18th. The shares were sold at an average price of $136.55, for a total value of $819,300.00. Following the transaction, the insider owned 278,642 shares in the company, valued at approximately $38,048,565.10. This represents a 2.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Arvind Chakravarthy sold 20,552 shares of the company's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $117.71, for a total transaction of $2,419,175.92. Following the completion of the transaction, the insider owned 242,469 shares in the company, valued at approximately $28,541,025.99. This represents a 7.81% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 372,876 shares of company stock worth $48,196,989 in the last 90 days. 12.92% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Total Investment Management Inc. acquired a new position in shares of Roblox during the 2nd quarter worth $29,000. ORG Partners LLC acquired a new position in shares of Roblox during the 2nd quarter worth $33,000. Larson Financial Group LLC increased its stake in shares of Roblox by 819.0% during the 1st quarter. Larson Financial Group LLC now owns 579 shares of the company's stock worth $34,000 after purchasing an additional 516 shares during the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Roblox during the 2nd quarter worth $34,000. Finally, Generali Asset Management SPA SGR acquired a new position in shares of Roblox during the 2nd quarter worth $40,000. Institutional investors and hedge funds own 94.46% of the company's stock.

About Roblox

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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