Roblox RBLX has been analyzed by 24 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 10 | 12 | 2 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 7 | 9 | 2 | 0 | 0 |
| 3M Ago | 1 | 3 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $57.33, a high estimate of $65.00, and a low estimate of $49.00. This current average has increased by 16.79% from the previous average price target of $49.09.
Decoding Analyst Ratings: A Detailed Look
The standing of Roblox among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mohammed Khallouf | HSBC | Announces | Buy | $63.00 | - |
| Andrew Marok | Raymond James | Maintains | Strong Buy | $60.00 | $60.00 |
| Jason Bazinet | Citigroup | Raises | Buy | $63.00 | $53.00 |
| Benjamin Black | Deutsche Bank | Raises | Buy | $60.00 | $45.00 |
| Matthew Cost | Morgan Stanley | Raises | Overweight | $65.00 | $38.00 |
| Ken Gawrelski | Wells Fargo | Raises | Overweight | $58.00 | $54.00 |
| Ross Sandler | Barclays | Raises | Equal-Weight | $50.00 | $40.00 |
| Thomas Champion | Piper Sandler | Raises | Overweight | $65.00 | $54.00 |
| Eric Sheridan | Goldman Sachs | Raises | Neutral | $55.00 | $45.00 |
| Brian Pitz | BMO Capital | Raises | Outperform | $62.00 | $56.00 |
| Aaron Lee | Macquarie | Raises | Outperform | $58.00 | $50.00 |
| Mike Hickey | Benchmark | Raises | Buy | $60.00 | $44.00 |
| Cory Carpenter | JP Morgan | Raises | Overweight | $62.00 | $51.00 |
| Jason Tilchen | Canaccord Genuity | Raises | Buy | $60.00 | $50.00 |
| Clark Lampen | BTIG | Raises | Buy | $56.00 | $51.00 |
| Bernie McTernan | Needham | Raises | Buy | $60.00 | $50.00 |
| Andrew Marok | Raymond James | Raises | Strong Buy | $60.00 | $51.00 |
| Nick McKay | Wedbush | Maintains | Outperform | $49.00 | $49.00 |
| Nick McKay | Wedbush | Maintains | Outperform | $49.00 | $49.00 |
| Cory Carpenter | JP Morgan | Raises | Overweight | $51.00 | $50.00 |
| Ken Gawrelski | Wells Fargo | Raises | Overweight | $54.00 | $46.00 |
| Nick McKay | Wedbush | Maintains | Outperform | $49.00 | $49.00 |
| Thomas Champion | Piper Sandler | Raises | Overweight | $54.00 | $48.00 |
| Jason Bazinet | Citigroup | Raises | Buy | $53.00 | $46.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Roblox. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Roblox compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Roblox's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Roblox's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Roblox analyst ratings.
All You Need to Know About Roblox
Roblox operates an online video game platform with 80 million daily active users that lets young gamers create, develop, and monetize games (or "experiences") for other players. The firm offers its developers a hybrid of a game engine, publishing platform, online hosting and services, marketplace with payment processing, and social network. The platform is a closed garden that Roblox controls, earning $3.5 billion in bookings in 2023 through in-game purchases and advertising while benefiting from outsourced game development. Unlike traditional video game publishers, Roblox is more focused on the creation of new tools and monetization techniques for its developers than creating new games or franchises.
Roblox's Financial Performance
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Positive Revenue Trend: Examining Roblox's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 28.84% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Communication Services sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -26.04%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Roblox's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -153.7%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Roblox's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -3.64%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Roblox's debt-to-equity ratio is notably higher than the industry average. With a ratio of 9.26, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
The Basics of Analyst Ratings
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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