Roblox (NYSE:RBLX) Receives Outperform Rating from Wedbush

Wedbush reaffirmed their outperform rating on shares of Roblox (NYSE:RBLX) in a report released on Friday morning,Benzinga reports. The firm currently has a $65.00 price objective on the stock.

Several other equities analysts have also weighed in on RBLX. Arete Research set a $95.00 price target on Roblox and gave the company a “buy” rating in a research note on Monday, June 29th. HSBC lowered Roblox from a “buy” rating to a “hold” rating and set a $46.00 price objective on the stock. in a report on Friday, May 1st. Needham & Company LLC began coverage on Roblox in a research report on Monday, June 29th. They issued a “buy” rating for the company. TD Cowen raised Roblox from a “sell” rating to a “hold” rating and reduced their target price for the stock from $54.00 to $49.00 in a research note on Friday, May 1st. Finally, Wells Fargo & Company lifted their price target on shares of Roblox from $55.00 to $56.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $85.85.

Roblox Stock Performance

Shares of NYSE RBLX opened at $47.51 on Friday. The company’s fifty day moving average price is $49.27 and its 200 day moving average price is $57.97. Roblox has a 1 year low of $40.15 and a 1 year high of $150.59. The company has a market capitalization of $31.91 billion, a PE ratio of -30.07 and a beta of 1.41. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.89 and a current ratio of 0.89.

Roblox (NYSE:RBLX) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.35) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.06. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter in the previous year, the company earned ($0.32) earnings per share. The firm’s revenue for the quarter was up 43.4% on a year-over-year basis. On average, research analysts predict that Roblox will post -1.39 earnings per share for the current year.

Roblox declared that its board has initiated a stock buyback program on Tuesday, May 19th that permits the company to buyback $3.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 9.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other Roblox news, insider Mark Reinstra sold 17,275 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $45.28, for a total transaction of $782,212.00. Following the sale, the insider directly owned 438,198 shares in the company, valued at $19,841,605.44. This represents a 3.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Naveen K. Chopra sold 16,863 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $45.28, for a total transaction of $763,556.64. Following the completion of the transaction, the chief financial officer owned 380,758 shares of the company’s stock, valued at approximately $17,240,722.24. This trade represents a 4.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 161,983 shares of company stock valued at $7,580,990. 10.05% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC raised its holdings in shares of Roblox by 2.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,236 shares of the company’s stock valued at $597,000 after purchasing an additional 231 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in Roblox by 70.2% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,000 shares of the company’s stock worth $1,368,000 after buying an additional 5,363 shares during the last quarter. CW Advisors LLC acquired a new position in shares of Roblox during the 2nd quarter worth about $272,000. Baird Financial Group Inc. boosted its position in shares of Roblox by 1.4% during the 2nd quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock worth $767,000 after acquiring an additional 102 shares in the last quarter. Finally, WINTON GROUP Ltd purchased a new position in shares of Roblox in the 2nd quarter valued at about $438,000. 94.46% of the stock is currently owned by hedge funds and other institutional investors.

Key Roblox News

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Wedbush reaffirmed its Outperform rating on Roblox and kept a $65 price target, implying meaningful upside from current levels. Benzinga report on Wedbush rating reaffirmation
• Neutral Sentiment: Roblox remains scheduled to report earnings soon, keeping investors focused on user-growth trends, monetization, and management commentary around platform engagement. Roblox to Release Earnings on Thursday
• Neutral Sentiment: Several law firms issued updated notices about an existing securities class action, including expanded class-period reminders and approaching lead-plaintiff deadlines. These headlines add legal overhang, but they are largely procedural unless new allegations materially change the case. Roblox Deadline: RBLX Investors with Losses in Excess of $100K Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit
• Negative Sentiment: Wedbush trimmed fiscal 2026 estimates, citing near-term user-growth pressure tied to age-verification friction that may be limiting platform access and slowing engagement. Roblox estimates trimmed by Wedbush ahead of second quarter results

About Roblox

Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.

Roblox’s business model is built around its virtual economy and creator ecosystem.