Roblox (RBLX) Stock Forecast, Price & News

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Roblox in the last year. There are currently 7 sell ratings, 6 hold ratings and 12 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.

25 brokers have issued 12-month target prices for Roblox's stock. Their RBLX share price forecasts range from $19.00 to $60.00. On average, they expect the company's share price to reach $40.22 in the next twelve months. This suggests that the stock has a possible downside of 0.1%.
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Roblox's stock was trading at $28.46 at the beginning of the year. Since then, RBLX stock has increased by 41.4% and is now trading at $40.25.
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Roblox saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 21,060,000 shares, a decline of 17.5% from the April 15th total of 25,520,000 shares. Based on an average trading volume of 11,270,000 shares, the short-interest ratio is currently 1.9 days. Approximately 4.8% of the company's stock are sold short.
View Roblox's Short Interest.

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

Roblox Co. (NYSE:RBLX) issued its quarterly earnings data on Wednesday, February, 15th. The company reported ($0.48) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.55) by $0.07. The business earned $899.40 million during the quarter, compared to analyst estimates of $884.71 million. Roblox had a negative trailing twelve-month return on equity of 270.57% and a negative net margin of 44.06%. Roblox's revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.25) earnings per share.

ETFs with the largest weight of Roblox (NYSE:RBLX) stock in their portfolio include Roundhill Ball Metaverse ETF (METV), Roundhill Video Games ETF (NERD), Global X Video Games & Esports ETF (HERO), Invesco Dynamic Software ETF (PSJ), ProShares On-Demand ETF (OND), TrueShares Technology, AI & Deep Learning ETF (LRNZ), iShares Future Metaverse Tech and Communications ETF (IVRS) and Global X Metaverse ETF (VR).

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.

(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.

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

Roblox's stock is owned by many different institutional and retail investors. Top institutional shareholders include Altos Ventures Management Inc. (12.65%), Baillie Gifford & Co. (5.18%), BlackRock Inc. (4.00%), FMR LLC (2.87%), ARK Investment Management LLC (1.61%) and Renaissance Technologies LLC (1.57%). 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.

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.
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One share of RBLX stock can currently be purchased for approximately $40.25.

Roblox (NYSE:RBLX) has a market capitalization of $24.36 billion and generates $2.23 billion in revenue each year. The company earns $-924,370,000.00 in net income (profit) each year or ($1.72) on an earnings per share basis.

The company employs 2,128 workers across the globe.

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.