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S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
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Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NYSE:RBLX

Roblox (RBLX) Stock Price, News & Analysis

$39.65
-1.67 (-4.04%)
(As of 03/4/2024 ET)
Today's Range
$39.64
$41.54
50-Day Range
$38.67
$46.85
52-Week Range
$24.88
$47.65
Volume
6.68 million shs
Average Volume
8.12 million shs
Market Capitalization
$23.06 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$46.25

Roblox MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.81 Rating Score
Upside/​Downside
16.6% Upside
$46.25 Price Target
Short Interest
Healthy
3.79% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.70mentions of Roblox in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$26.59 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($2.10) to ($2.15) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.95 out of 5 stars

Consumer Discretionary Sector

160th out of 267 stocks

Prepackaged Software Industry

108th out of 202 stocks


RBLX stock logo

About Roblox Stock (NYSE:RBLX)

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 Stock Price History

RBLX Stock News Headlines

Disney stock rising: The house of mouse is back! (RBLX)
Disney is a Phoenix rising from the ashes of its mistakes; CEO Bob Iger is driving margins and setting the company up for another decade of growth.
Roblox is turning a corner, but can it complete a reversal?
Roblox is driving growth and leverage that is expected to continue in 2024; the stock is moving higher, but there are headwinds that may cap gains soon
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Where Will Roblox Stock Be in 3 Years?
RBLX Mar 2024 41.500 put
3 Metaverse Innovators: The AI Stocks to Own Now
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
RBLX Mar 2024 54.000 call
RBLX Mar 2024 52.000 put
The 3 Top Metaverse Stocks to Own for 2024
Roblox Co. (NYSE:RBLX) CTO Sells $315,447.68 in Stock
Michael Guthrie Sells 10,972 Shares of Roblox Co. (NYSE:RBLX) Stock
Mark Reinstra Sells 12,531 Shares of Roblox Co. (NYSE:RBLX) Stock
Decoding Roblox Corp (RBLX): A Strategic SWOT Insight
Roblox Stock (NYSE:RBLX) Insider Trades
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(RBLX) - Analyzing Roblox's Short Interest
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Today
3/04/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
2,457
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$46.25
High Stock Price Target
$57.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+15.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
21 Analysts

Profitability

Net Income
$-1,151,950,000.00
Pretax Margin
-41.38%

Debt

Sales & Book Value

Annual Sales
$2.80 billion
Book Value
$0.12 per share

Miscellaneous

Free Float
420,637,000
Market Cap
$23.25 billion
Optionable
Optionable
Beta
1.66
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RBLX Stock Analysis - Frequently Asked Questions

Should I buy or sell Roblox stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Roblox in the last twelve months. There are currently 5 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RBLX shares.
View RBLX analyst ratings
or view top-rated stocks.

What is Roblox's stock price target for 2024?

21 brokers have issued 1 year price objectives for Roblox's shares. Their RBLX share price targets range from $30.00 to $57.00. On average, they predict the company's stock price to reach $46.25 in the next twelve months. This suggests a possible upside of 16.6% 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 2024?

Roblox's stock was trading at $45.72 at the beginning of the year. Since then, RBLX shares have decreased by 13.3% and is now trading at $39.65.
View the best growth stocks for 2024 here
.

Are investors shorting Roblox?

Roblox saw a drop in short interest in the month of January. As of January 31st, there was short interest totaling 17,100,000 shares, a drop of 12.7% from the January 15th total of 19,590,000 shares. Based on an average daily trading volume, of 9,920,000 shares, the short-interest ratio is presently 1.7 days. Approximately 3.7% of the company's stock are short sold.
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, May 8th 2024.
View our RBLX earnings forecast
.

How were Roblox's earnings last quarter?

Roblox Co. (NYSE:RBLX) issued its quarterly earnings results on Wednesday, February, 7th. The company reported ($0.52) earnings per share for the quarter, topping analysts' consensus estimates of ($0.57) by $0.05. The firm earned $1.13 billion during the quarter, compared to the consensus estimate of $1.05 billion. Roblox had a negative trailing twelve-month return on equity of 770.71% and a negative net margin of 41.15%. Roblox's revenue for the quarter was up 25.3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.48) earnings per share.

What guidance has Roblox issued on next quarter's earnings?

Roblox updated its first quarter 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $755.0 million-$780.0 million, compared to the consensus revenue estimate of $902.7 million.

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 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 acted as the underwriters for the IPO.

Who are Roblox's major shareholders?

Roblox's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.06%), Baillie Gifford & Co. (4.84%), ARK Investment Management LLC (2.08%), Ieq Capital LLC (1.70%), Franklin Resources Inc. (1.36%) and Sumitomo Mitsui Trust Holdings Inc. (1.35%). Insiders that own company stock include Altos Ventures Management Inc, Amy Marie Rawlings, Barbara Messing, Brett Tolley, Christopher Carvalho, Craig Donato, Daniel Sturman, David Baszucki, Gary Hromadko, Gregory Baszucki, Gregory P Merk, Han Kim, Hybrid 2 LP Altos, Manuel Bronstein, Mark Reinstra and Michael Guthrie.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RBLX) was last updated on 3/5/2024 by MarketBeat.com Staff