Roblox (RBLX) Stock Forecast & Price Target

$40.51

-0.03 (-0.07%)

(As of 07/26/2024 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

Moderate Buy
Based on 24 Analyst Ratings

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
5.14% 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 5.14% from the current price of $40.51.

Type	Current Forecast 7/28/23 to 7/27/24	1 Month Ago 6/28/23 to 6/27/24	3 Months Ago 4/29/23 to 4/28/24	1 Year Ago 7/28/22 to 7/28/23
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)	16 Buy rating(s)	12 Buy rating(s)
Hold	8 Hold rating(s)	7 Hold rating(s)	4 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	$47.60	$40.48
Forecasted Upside	5.14% Upside	30.97% Upside	29.13% Upside	1.00% 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.

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.

Roblox Stock vs. The Competition

Type	Roblox	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.71	2.55	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	5.14% Upside	122.36% Upside	9.18% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/16/2024	Wolfe Research 3 of 5 stars	S. Khajuria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Peer Perform
7/11/2024	Jefferies Financial Group 2 of 5 stars		Initiated Coverage	Buy ➝ Hold	$51.00 ➝ $42.00	+5.90%
7/8/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$41.00 ➝ $43.00	+10.23%
6/14/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$46.00	+29.54%
5/14/2024	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Handler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
5/14/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Neutral	$55.00 ➝ $35.00	+13.01%
Get the Latest News and Ratings for RBLX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Roblox and its competitors with MarketBeat's FREE daily newsletter.
5/13/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$48.00 ➝ $38.00	+19.61%
5/13/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$57.00 ➝ $56.00	+77.33%
5/10/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$54.00 ➝ $46.00	+46.40%
5/10/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$56.00 ➝ $48.00	+53.65%
5/10/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$46.00 ➝ $35.00	+12.04%
5/10/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$50.00 ➝ $40.00	+27.19%
5/10/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$42.00 ➝ $35.00	+11.29%
5/10/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$55.00 ➝ $40.00	+27.19%
5/10/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$56.00 ➝ $40.00	+26.62%
5/10/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$56.00 ➝ $46.00	+45.62%
5/10/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$55.00 ➝ $40.00	+31.49%
5/10/2024	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Griffin Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$31.00 ➝ $26.00	-14.53%
4/23/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight	$41.00 ➝ $48.00	+37.30%
4/22/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$53.00	+49.17%
11/9/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy ➝ Strong-Buy	$41.00 ➝ $47.00	+20.51%
10/27/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$35.00 ➝ $37.00	+21.15%
8/17/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$53.00 ➝ $51.00	+74.42%
8/10/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$55.00 ➝ $45.00	+47.59%
5/8/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
2/16/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$37.00 ➝ $42.00	+2.74%
1/25/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform
11/15/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$27.00	-26.49%
11/11/2022	MKM Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Eric Handler Subscribe to MarketBeat All Access for the recommendation accuracy rating	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 07:09 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Roblox in the last twelve months. There are currently 8 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.
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 1 upgrade and 1 downgrade by analysts.
What analysts cover Roblox?: Roblox has been rated by research analysts at Barclays, Benchmark, BMO Capital Markets, BTIG Research, Canaccord Genuity Group, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, Macquarie, Moffett Nathanson, Morgan Stanley, Needham & Company LLC, Piper Sandler, Roth Capital, Roth Mkm, The Goldman Sachs Group, Wedbush, Wells Fargo & Company, and Wolfe Research in the past 90 days.
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.