Roblox Corporation [RBLX] stock is trading at $66.00, down -0.15%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RBLX shares have gain 6.01% over the last week, with a monthly amount glided 12.24%, 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 December 12, 2024, when HSBC Securities initiated its Buy rating and assigned the stock a price target of $63. Previously, Morgan Stanley upgraded its rating to Overweight on November 04, 2024, and elevated its price target to $65. On September 09, 2024, BTIG Research reiterated its Buy rating and revised its price target to $51 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating. Macquarie started tracking with a Outperform rating for this stock on June 14, 2024, and assigned it a price target of $46. In a note dated May 10, 2024, MoffettNathanson upgraded an Neutral rating on this stock but restated the target price of $26.
Roblox Corporation [RBLX] stock has fluctuated between $29.55 and $66.86 over the past year. Currently, Wall Street analysts expect the stock to reach $52.25 within the next 12 months. Roblox Corporation [NYSE: RBLX] shares were valued at $66.00 at the most recent close of the market. An investor can expect a potential drop of -20.83% based on the average RBLX price forecast.
Analyzing the RBLX fundamentals
Roblox Corporation [NYSE:RBLX] reported sales of 3.36B for the trailing twelve months, which represents a growth 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 8.56.
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 65.19 points at the first support level, and at 64.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 66.83, and for the 2nd resistance point, it is at 67.66.
Ratios To Look Out For
For context, Roblox Corporation’s Current Ratio is 0.81. Further, the Quick Ratio stands at 0.81, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 12.88, the price to book ratio is 228.03.
Transactions by insiders
Recent insider trading involved GREG AND CHRISTINA BASZUCKI LI, Director, that happened on Jan 22 ’25 when 26000.0 shares were purchased. Officer, MARK REINSTRA completed a deal on Jan 22 ’25 to buy 24000.0 shares. Meanwhile, Chief Accounting Officer Rawlings Amy Marie sold 5879.0 shares on Jan 16 ’25.
