At the time of writing, Roblox Corporation [RBLX] stock is trading at $68.43, up 1.88%. An important factor to consider is whether the stock is rising or falling in short-term value. The RBLX shares have gain 3.52% over the last week, with a monthly amount glided 14.89%, 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.
For the past year, the stock price of Roblox Corporation fluctuated between $29.55 and $67.86. Currently, Wall Street analysts expect the stock to reach $52.25 within the next 12 months. Roblox Corporation [NYSE: RBLX] shares were valued at $68.43 at the most recent close of the market. An investor can expect a potential drop of -23.64% based on the average RBLX price forecast.
Analyzing the RBLX fundamentals
According to Roblox Corporation [NYSE:RBLX], the company’s sales were 3.36B for trailing twelve months, which represents an 28.84% jump. 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 of8.56.
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 67.19 points at the first support level, and at 65.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 69.40, and for the 2nd resistance point, it is at 70.36.
Ratios To Look Out For
It is important to note that Roblox Corporation [NYSE:RBLX] has a current ratio of 0.81. On the other hand, the Quick Ratio is 0.81, and the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 13.35, the price to book ratio is 236.43.
Transactions by insiders
Recent insider trading involved Reinstra Mark, Chief Legal Off. & Corp. Sec., that happened on Jan 22 ’25 when 24000.0 shares were sold. Director, Baszucki Gregory completed a deal on Jan 22 ’25 to sell 26000.0 shares. Meanwhile, Director GREG AND CHRISTINA BASZUCKI LI bought 26000.0 shares on Jan 22 ’25.
