Roblox Corporation (NYSE:RBLX) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Roblox Corporation (NYSE:RBLXGet Free Report) have been assigned a consensus rating of “Moderate Buy” from the twenty-six ratings firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and twenty have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $119.00.

A number of equities research analysts have recently weighed in on RBLX shares. Bank of America raised their price objective on shares of Roblox from $86.00 to $103.00 and gave the company a “buy” rating in a report on Thursday, June 5th. Oppenheimer reiterated an “outperform” rating and set a $125.00 price target (up from $80.00) on shares of Roblox in a research note on Wednesday, June 18th. The Goldman Sachs Group lifted their price target on shares of Roblox from $63.00 to $80.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 14th. Morgan Stanley lifted their price target on shares of Roblox from $76.00 to $170.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Finally, Macquarie raised their price objective on shares of Roblox from $76.00 to $80.00 and gave the stock an “outperform” rating in a research report on Monday, May 5th.

Get Our Latest Research Report on Roblox

Roblox Stock Performance

NYSE:RBLX opened at $126.90 on Friday. The company has a debt-to-equity ratio of 2.94, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market capitalization of $81.85 billion, a P/E ratio of -88.74 and a beta of 1.63. The company has a 50 day moving average price of $117.11 and a 200 day moving average price of $85.99. Roblox has a fifty-two week low of $37.50 and a fifty-two week high of $150.59.

Roblox (NYSE:RBLXGet Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.04). Roblox had a negative net margin of 23.67% and a negative return on equity of 372.96%. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the prior year, the business earned ($0.32) EPS. The business’s quarterly revenue was up 50.5% on a year-over-year basis. Roblox has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts forecast that Roblox will post -1.49 EPS for the current year.

Insider Transactions at Roblox

In other Roblox news, CEO David Baszucki sold 687,500 shares of the firm’s stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $87.97, for a total transaction of $60,479,375.00. Following the transaction, the chief executive officer directly owned 211,559 shares of the company’s stock, valued at approximately $18,610,845.23. This trade represents a 76.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last quarter, insiders have sold 4,935,047 shares of company stock worth $478,661,185. Company insiders own 12.92% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of RBLX. Baird Financial Group Inc. boosted its holdings in shares of Roblox by 1.4% in the second quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock valued at $767,000 after acquiring an additional 102 shares in the last quarter. Lido Advisors LLC boosted its holdings in Roblox by 1.3% during the second quarter. Lido Advisors LLC now owns 8,529 shares of the company’s stock worth $897,000 after buying an additional 106 shares in the last quarter. Ossiam boosted its holdings in Roblox by 2.1% during the second quarter. Ossiam now owns 6,000 shares of the company’s stock worth $631,000 after buying an additional 123 shares in the last quarter. Emerald Advisers LLC boosted its holdings in Roblox by 1.9% during the second quarter. Emerald Advisers LLC now owns 6,683 shares of the company’s stock worth $703,000 after buying an additional 124 shares in the last quarter. Finally, Yousif Capital Management LLC boosted its holdings in Roblox by 1.9% during the second quarter. Yousif Capital Management LLC now owns 6,925 shares of the company’s stock worth $729,000 after buying an additional 127 shares in the last quarter. 94.46% of the stock is owned by hedge funds and other institutional investors.

About Roblox

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Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.

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Analyst Recommendations for Roblox (NYSE:RBLX)

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