Roblox Corporation [RBLX] stock prices are up 2.63% to $53.53 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RBLX shares have gain 8.89% over the last week, with a monthly amount glided 4.06%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Roblox Corporation [NYSE: RBLX] stock has seen the most recent analyst activity on November 04, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $65 from $38. Previously, BTIG Research reaffirmed its Buy rating on September 09, 2024, and elevated its price target to $51. On July 16, 2024, Wolfe Research initiated with a Peer Perform rating. Macquarie initiated its recommendation with a Outperform and recommended $46 as its price target on June 14, 2024. MoffettNathanson upgraded its rating to Neutral for this stock on May 10, 2024, but kept the price target unchanged to $26. In a note dated April 23, 2024, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $41 to $48.
The stock price of Roblox Corporation [RBLX] has been fluctuating between $29.55 and $55.10 over the past year. Currently, Wall Street analysts expect the stock to reach $52.5 within the next 12 months. Roblox Corporation [NYSE: RBLX] shares were valued at $53.53 at the most recent close of the market. An investor can expect a potential drop of -1.92% based on the average RBLX price forecast.
Analyzing the RBLX fundamentals
The Roblox Corporation [NYSE:RBLX] reported sales of 3.36B for trailing twelve months, representing a surge of 28.84%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at -0.35%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -9.05 and Total Capital is -0.36. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of5.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 52.23 points at the first support level, and at 50.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.23, and for the 2nd resistance point, it is at 54.93.
Ratios To Look Out For
It’s worth pointing out that Roblox Corporation [NYSE:RBLX]’s Current Ratio is 0.81. In addition, the Quick Ratio stands at 0.81 and the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 10.44, the price to book ratio is 184.95.
Transactions by insiders
Recent insider trading involved Lee Anthony P, Director, that happened on Dec 02 ’24 when 25000.0 shares were sold. Director, Baszucki Gregory completed a deal on Nov 27 ’24 to sell 26000.0 shares. Meanwhile, Officer Michael Guthrie bought 40000.0 shares on Dec 02 ’24.
