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Roblox (RBLX) Stock Forecast & Price Target

$40.52
+0.73 (+1.83%)
(As of 07/19/2024 ET)

Roblox - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 24 Wall Street analysts who have issued ratings for Roblox in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 24 analysts, 8 have given a hold rating, 15 have given a buy rating, and 1 has given a strong buy rating for RBLX.

Consensus Price Target

$42.59
5.11% Upside
High Forecast$56.00
Average Forecast$42.59
Low Forecast$26.00

According to the 24 analysts' twelve-month price targets for Roblox, the average price target is $42.59. The highest price target for RBLX is $56.00, while the lowest price target for RBLX is $26.00. The average price target represents a forecasted upside of 5.11% from the current price of $40.52.

TypeCurrent Forecast
7/21/23 to 7/20/24
1 Month Ago
6/21/23 to 6/20/24
3 Months Ago
4/22/23 to 4/21/24
1 Year Ago
7/21/22 to 7/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
15 Buy rating(s)
16 Buy rating(s)
15 Buy rating(s)
12 Buy rating(s)
Hold
8 Hold rating(s)
7 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
7 Sell rating(s)
Consensus Price Target$42.59$42.14$46.25$40.48
Forecasted Upside5.11% Upside30.97% Upside25.49% Upside1.00% Upside
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RBLX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RBLX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Roblox Stock vs. The Competition

TypeRobloxConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.71
2.55
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside5.11% Upside123.07% Upside10.00% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/16/2024Wolfe Research
3 of 5 stars
S. Khajuria
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Initiated CoveragePeer Perform
7/11/2024Jefferies Financial Group
2 of 5 stars
 Initiated CoverageBuy ➝ Hold$51.00 ➝ $42.00+5.90%
7/8/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$41.00 ➝ $43.00+10.23%
6/14/2024Macquarie
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A. Lee
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Initiated CoverageOutperform$46.00+29.54%
5/14/2024Roth Capital
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E. Handler
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DowngradeStrong-Buy ➝ Hold
5/14/2024Roth Mkm
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 Reiterated RatingBuy ➝ Neutral$55.00 ➝ $35.00+13.01%
5/13/2024The Goldman Sachs Group
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 Lower TargetNeutral ➝ Neutral$48.00 ➝ $38.00+19.61%
5/13/2024BMO Capital Markets
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 Reiterated RatingOutperform ➝ Outperform$57.00 ➝ $56.00+77.33%
5/10/2024BTIG Research
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 Lower TargetBuy ➝ Buy$54.00 ➝ $46.00+46.40%
5/10/2024Canaccord Genuity Group
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 Lower TargetBuy ➝ Buy$56.00 ➝ $48.00+53.65%
5/10/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$46.00 ➝ $35.00+12.04%
5/10/2024Benchmark
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 Lower TargetBuy ➝ Buy$50.00 ➝ $40.00+27.19%
5/10/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$42.00 ➝ $35.00+11.29%
5/10/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetBuy ➝ Buy$55.00 ➝ $40.00+27.19%
5/10/2024Piper Sandler
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 Reiterated RatingOverweight ➝ Overweight$56.00 ➝ $40.00+26.62%
5/10/2024Wedbush
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 Lower TargetOutperform ➝ Outperform$56.00 ➝ $46.00+45.62%
5/10/2024Needham & Company LLC
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 Lower TargetBuy ➝ Buy$55.00 ➝ $40.00+31.49%
5/10/2024Moffett Nathanson
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C. Griffin
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UpgradeSell ➝ Neutral$31.00 ➝ $26.00-14.53%
4/23/2024JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight$41.00 ➝ $48.00+37.30%
4/22/2024Stifel Nicolaus
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 Reiterated RatingBuy ➝ Buy$53.00+49.17%
11/9/2023Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$41.00 ➝ $47.00+20.51%
10/27/2023Truist Financial
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 UpgradeHold ➝ Buy$35.00 ➝ $37.00+21.15%
8/17/2023Citigroup
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 Lower TargetBuy ➝ Buy$53.00 ➝ $51.00+74.42%
8/10/2023DA Davidson
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 Lower TargetBuy ➝ Buy$55.00 ➝ $45.00+47.59%
5/8/2023VNET Group
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 Reiterated RatingMaintains
2/16/2023Credit Suisse Group
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 Boost TargetHold$37.00 ➝ $42.00+2.74%
1/25/2023Oppenheimer
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 Initiated CoverageMarket Perform
11/15/2022Cowen
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 Lower Target$27.00-26.49%
11/11/2022MKM Partners
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Eric Handler
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Lower Target$40.00 ➝ $35.00+4.07%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:54 AM ET.

RBLX Forecast - Frequently Asked Questions

What is Roblox's forecast for 2024?

According to the research reports of 24 Wall Street equities research analysts, the average twelve-month stock price forecast for Roblox is $42.59, with a high forecast of $56.00 and a low forecast of $26.00.

Should I buy or sell Roblox stock right now?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Roblox in the last year. There are currently 8 hold ratings, 15 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RBLX shares.

Does Roblox's stock price have much upside?

According to analysts, Roblox's stock has a predicted upside of 30.04% based on their 12-month stock forecasts.

Has Roblox been upgraded or downgraded by Wall Street analysts recently?

Over the previous 90 days, Roblox's stock had 2 upgrades and 1 downgrade by analysts.

Do Wall Street analysts like Roblox more than its competitors?

Analysts like Roblox more than other "consumer discretionary" companies. The consensus rating score for Roblox is 2.71 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how RBLX compares to other companies.


This page (NYSE:RBLX) was last updated on 7/20/2024 by MarketBeat.com Staff

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