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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
The Elites Are Waging War on Elon Musk — Here's Why… (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
The Elites Are Waging War on Elon Musk — Here's Why… (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
The Elites Are Waging War on Elon Musk — Here's Why… (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
NYSE:RBLX

Roblox (RBLX) Stock Forecast, Price & News

$28.96
+1.13 (+4.06%)
(As of 09/29/2023 ET)
Compare
Today's Range
$28.28
$29.09
50-Day Range
$25.31
$39.95
52-Week Range
$24.88
$47.67
Volume
11.19 million shs
Average Volume
10.22 million shs
Market Capitalization
$16.41 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$38.36

Roblox MarketRank™ Forecast

Analyst Rating
Hold
2.41 Rating Score
Upside/​Downside
32.5% Upside
$38.36 Price Target
Short Interest
Healthy
3.90% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.54mentions of Roblox in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$31.91 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($1.91) to ($1.95) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Communication Services Sector

2nd out of 2 stocks

Electronic Gaming & Multimedia Industry

1st out of 1 stocks


RBLX stock logo

About Roblox (NYSE:RBLX) Stock

Roblox Corporation is an American video game developer and platform that was founded in 2004 by David Baszucki and Erik Cassel. Headquartered in San Mateo, California, the company is best known for its creation, Roblox, which officially launched in 2006. Roblox is an online platform that allows users to create and play games developed by other users. It has become immensely popular among younger audiences and has grown into a global gaming phenomenon.

The history of Roblox Corporation dates back to its co-founder, David Baszucki's, previous venture, Knowledge Revolution, an educational software company. The foundation of Roblox Corporation was laid when Baszucki and Cassel started working on the video game DynaBlocks in 2004, which later evolved into Roblox. The company has come a long way since its inception and has achieved significant milestones in the gaming industry.

Roblox's mission is to unite people through play, enabling millions of users to immerse themselves in virtual worlds and interactive experiences. The platform encourages creativity, allowing users to create games and virtual spaces using the Roblox Studio, a powerful game development tool.

The company primarily operates Roblox as a platform where developers can design and publish their games and experiences. Roblox provides a revenue-sharing model, allowing developers to monetize their creations through virtual in-game purchases. These purchases are made using the platform's virtual currency, Robux, which can be purchased with real money.

Roblox's target market primarily includes a wide range of audiences, but it has gained immense popularity among younger players and teenagers. The platform's user-friendly nature and a vast library of user-generated games appeal to individuals who enjoy exploring virtual worlds and engaging in social experiences.

An experienced and visionary management team leads Roblox Corporation. Founder, President, Chief Executive Officer, and Chairman David Baszucki is at the helm. Baszucki brings decades of experience in the technology and gaming industry, and his leadership has been instrumental in Roblox's growth and success. Michael Guthrie is the Chief Financial Officer, overseeing the company's financial strategies and operations. 

Roblox Corporation's financial data indicates some challenges. The company reported revenue that was an increase from the previous year. However, operating expenses significantly rose during the same time resulting in a net income loss of nearly a billion dollars, representing a sharp decline from previous years. The net profit margin for the year was around -40%. The decline in net income impacted investor sentiment. Investors closely monitor a company's profitability, and a negative net income could raise concerns about the company's financial health and future growth prospects. This could be reflected in the stock price performance. 

Roblox operates in the prepackaged software industry and has carved out a unique position as an online gaming platform that fosters user-generated content. The company's competitive advantage lies in its vast user base, innovative game development tools, and the creative freedom it offers developers.

Roblox Corporation's growth opportunities are tied to the ever-expanding gaming industry. The platform attracts millions of developers and players worldwide, presenting opportunities for continuous user engagement and game development. Expanding into new markets and partnerships with popular brands can fuel further growth.

Like any company, Roblox Corporation faces risks and challenges. The negative net income and increasing operating expenses indicate financial challenges that must be addressed. Moreover, competition in the gaming industry is intense and maintaining users' interest requires continuous innovation. Additionally, regulatory and legal issues related to user-generated content may pose challenges for the company.

RBLX Price History

RBLX Stock News Headlines

Virtual Riches: 3 Stocks Leading the VR Revolution
Investors who are seeking exposure to the VR wave should examine three stocks that have established their unique foothold in the industry: META, U, and RBLX
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Investors Should Watch This 1 Troubling Trend for Roblox
Roblox Co. (NYSE:RBLX) Director Gregory Baszucki Sells 8,333 Shares
1 Growth Stock Down 80% to Buy Right Now
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
2 Reasons to Buy Roblox Stock, and 1 Reason to Sell
Roblox gains amid bullish investor pitch
Roblox: Numbers Do Not Paint The Whole Picture
3 Fantastic Reasons to Buy Roblox Stock Before 2024
Jason Kilar Joins Roblox’s Board of Directors
Jason Kilar Joins Roblox's Board of Directors
Roblox Unusual Options Activity For September 14
Where Will Roblox Stock Be in 3 Years?
Roblox: Levelling Up With Technology
Roblox (RBLX) Gets a Hold from Morgan Stanley
See More Headlines
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RBLX Company Calendar

Last Earnings
8/09/2023
Today
10/01/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electronic Gaming & Multimedia
Sub-Industry
N/A
Fax
N/A
Employees
2,128
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$38.36
High Stock Price Forecast
$60.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+32.5%
Consensus Rating
Hold
Rating Score (0-4)
2.41
Research Coverage
22 Analysts

Profitability

Net Income
$-924,370,000.00
Pretax Margin
-47.07%

Debt

Sales & Book Value

Annual Sales
$2.23 billion
Book Value
$0.50 per share

Miscellaneous

Free Float
409,883,000
Market Cap
$16.41 billion
Optionable
Not Optionable
Beta
1.69
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Key Executives

  • Mr. David BaszuckiMr. David Baszucki (Age 58)
    Founder, Pres, CEO & Chairman
    Comp: $1.14M
  • Mr. Michael GuthrieMr. Michael Guthrie (Age 58)
    Chief Financial Officer
    Comp: $625k
  • Mr. Daniel Sturman Ph.D.Mr. Daniel Sturman Ph.D. (Age 53)
    Chief Technology Officer
    Comp: $637.2k
  • Mr. Mark L. ReinstraMr. Mark L. Reinstra (Age 57)
    Gen. Counsel & Corp. Sec.
    Comp: $637.2k
  • Ms. Barbara H. MessingMs. Barbara H. Messing (Age 51)
    Chief Marketing & Communications Officer
    Comp: $637.2k
  • Ms. Amy Marie Rawlings (Age 39)
    Chief Accounting Officer
  • Dr. Morgan McGuire
    VP & Chief Scientist
  • Ms. Anna Yen
    Head of Investor Relations
  • Mr. Arvind KC
    Chief People & Systems Officer
  • Mr. Matt Kaufman
    Chief Safety Officer













RBLX Stock - Frequently Asked Questions

Should I buy or sell Roblox stock right now?

22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Roblox in the last twelve months. There are currently 4 sell ratings, 5 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RBLX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RBLX, but not buy additional shares or sell existing shares.
View RBLX analyst ratings
or view top-rated stocks.

What is Roblox's stock price forecast for 2023?

22 Wall Street analysts have issued twelve-month price targets for Roblox's shares. Their RBLX share price forecasts range from $19.00 to $60.00. On average, they expect the company's stock price to reach $38.36 in the next twelve months. This suggests a possible upside of 32.5% from the stock's current price.
View analysts price targets for RBLX
or view top-rated stocks among Wall Street analysts.

How have RBLX shares performed in 2023?

Roblox's stock was trading at $28.46 at the start of the year. Since then, RBLX stock has increased by 1.8% and is now trading at $28.96.
View the best growth stocks for 2023 here
.

Are investors shorting Roblox?

Roblox saw a decrease in short interest in August. As of August 31st, there was short interest totaling 17,050,000 shares, a decrease of 19.5% from the August 15th total of 21,180,000 shares. Based on an average trading volume of 10,120,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 3.7% of the shares of the company are sold short.
View Roblox's Short Interest
.

When is Roblox's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our RBLX earnings forecast
.

How were Roblox's earnings last quarter?

Roblox Co. (NYSE:RBLX) released its quarterly earnings results on Wednesday, August, 9th. The company reported ($0.46) EPS for the quarter, hitting the consensus estimate of ($0.46). The firm had revenue of $780.69 million for the quarter, compared to analysts' expectations of $784.99 million. Roblox had a negative net margin of 46.81% and a negative trailing twelve-month return on equity of 399.93%. The business's revenue for the quarter was up 22.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.30) earnings per share.

What is David Baszucki's approval rating as Roblox's CEO?

144 employees have rated Roblox Chief Executive Officer David Baszucki on Glassdoor.com. David Baszucki has an approval rating of 98% among the company's employees. This puts David Baszucki in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. 79.0% of employees surveyed would recommend working at Roblox to a friend.

When did Roblox IPO?

(RBLX) raised $0 in an initial public offering (IPO) on Wednesday, March 10th 2021. The company issued 198,900,000 shares at a price of $0.00 per share. Goldman Sachs and Morgan Stanley served as the underwriters for the IPO.

What is Roblox's stock symbol?

Roblox trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBLX."

How do I buy shares of Roblox?

Shares of RBLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Roblox's stock price today?

One share of RBLX stock can currently be purchased for approximately $28.96.

How much money does Roblox make?

Roblox (NYSE:RBLX) has a market capitalization of $16.41 billion and generates $2.23 billion in revenue each year. The company earns $-924,370,000.00 in net income (profit) each year or ($1.88) on an earnings per share basis.

How many employees does Roblox have?

The company employs 2,128 workers across the globe.

How can I contact Roblox?

Roblox's mailing address is 970 PARK PLACE, SAN MATEO CA, 94403. The official website for the company is corp.roblox.com. The company can be reached via phone at 888-858-2569 or via email at ir@roblox.com.

This page (NYSE:RBLX) was last updated on 10/1/2023 by MarketBeat.com Staff

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