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Roblox Corp has a consensus price target of $51.92 based on the ratings of 28 analysts. The high is $65 issued by Morgan Stanley on November 4, 2024. The low is $26 issued by MoffettNathanson on May 10, 2024. The 3 most-recent analyst ratings were released by HSBC, Raymond James, and Citigroup on December 12, 2024, November 22, 2024, and November 5, 2024, respectively. With an average price target of $62 between HSBC, Raymond James, and Citigroup, there's an implied 4.04% upside for Roblox Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Roblox (NYSE:RBLX) was reported by HSBC on December 12, 2024. The analyst firm set a price target for $63.00 expecting RBLX to rise to within 12 months (a possible 5.72% upside). 71 analyst firms have reported ratings in the last year.
The latest analyst rating for Roblox (NYSE:RBLX) was provided by HSBC, and Roblox initiated their buy rating.
The last upgrade for Roblox Corp happened on November 4, 2024 when Morgan Stanley raised their price target to $65. Morgan Stanley previously had an equal-weight for Roblox Corp.
The last downgrade for Roblox Corp happened on May 14, 2024 when Roth MKM changed their price target from $55 to $35 for Roblox Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Roblox, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Roblox was filed on December 12, 2024 so you should expect the next rating to be made available sometime around December 12, 2025.
While ratings are subjective and will change, the latest Roblox (RBLX) rating was a initiated with a price target of $0.00 to $63.00. The current price Roblox (RBLX) is trading at is $59.59, which is within the analyst’s predicted range.
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