Roblox Stock Forecast & Predictions: 1Y Price Target $39 13 Buy or Sell NYSE: RBLX 2023

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share. The company intends to create a collaboration platform that will allow billions of users to share experiences. The company offers a platform based on user generated content that draws inspiration from games, entertainment, social media and even toys. The company issued 198,900,000 shares at a price of $0.00 per share.

• Roblox isn’t crazy expensive, but the stock is no bargain for 20% sales growth.
• The average twelve-month price prediction for Roblox is $37.92 with a high price target of $55.00 and a low price target of $19.00.
• StockForecast enables investors to make better investment decisions by providing financial data and objective market analysis.
• Below you will find the stock price predictions for 2023, 2024.

The stock didn’t react well to the March month metrics to the premium valuation. The only number the market could gripe about is the ABPDAU metric, but this number is complicated due to a lot of the DAU growth coming from areas outside the US. These areas have far lower average bookings, leading to lower averages when new users are added in these areas. It could also launch new features to bolster its appeal with older gamers and developers, and its transition toward subscription services could generate more stable recurring revenue and lock in more users. It could also strike more favorable cloud infrastructure deals to reduce its operating expenses.

Roblox’s Stock Forecast in 2025: Choosing a Good Entry Point

Goldman Sachs and Morgan Stanley served as the underwriters for the IPO. Since then, RBLX shares have increased by 24.9% and is now trading at $35.54. Roblox Corporation develops and operates an online entertainment platform. It serves customers in the United States, the United Kingdom, Canada, Europe, China, the Asia-Pacific, and internationally. The company was incorporated in 2004 and is headquartered in San Mateo, California.

This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies. Roblox has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Below you will find the stock price predictions for 2023, 2024. “RBLX” stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis.

This suggests a possible upside of 6.7% from the stock’s current price. View analysts price targets for RBLX or view top-rated stocks among Wall Street analysts. On average, Wall Street analysts predict that Roblox’s share price could reach $39.13 by Apr 17, 2024. The average Roblox stock price prediction forecasts a potential upside of 10.11% from the current RBLX share price of $35.54. The 23 analysts with a stock price forecast for Roblox have an average 12-month price target of $36.7, which predicts an increase of 3.09%.

While the stock market has traded weak for over a year now, Roblox has actually doubled off the lows. The stock was one of our big picks in the mid-$20s last year, but Roblox isn’t appealing above $40. What ultimately matters is that Roblox is back to consistent 20%+ growth in users, engagement, and bookings. Estimated average bookings per daily active user were between $3.73 and $3.85, which represents a year-over-year change of -2% – +1%. Shares Short Prior Month – the number of shares in short positions in the last month. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

Dynamics for Roblox shares will prevail with possible volatility of 5.271%. Dynamics for Roblox shares will prevail with possible volatility of 3.195%. I believe Roblox is a promising company, but its stock looks overvalued. Therefore, the stock might climb higher over the next five years, but I don’t expect it to generate multibagger gains anytime soon. This self-sufficient cycle differentiates Roblox from professional game development engines like Unity Software, and shares more qualities with Microsoft’s Minecraft.

Roblox stock forecast: Analyst sentiment

Sign-up to receive the latest news and ratings for RBLX and its competitors with MarketBeat’s FREE daily newsletter. Analysts give the stock a high target of $103 over 12 months, a solid 18% gain. But you have to wonder if it can make the same return in the long haul.

The lure is that you don’t need any coding experience to make games on the Roblox platform. The block-based system makes it easy to design and share your games quickly. By the end of this period, Roblox had nearly no long-term debt and reported total assets of $3.27bn including $1.93bn in cash and equivalents. “Our business plan for 17 years ago predicted this new category where people can come together.

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The company takes up to 30% commission on in-app purchases. Roblox gained millions of fans after becoming one of the first widely embraced platforms to let users play games made by other users. This gaming company is beating down projections left and right. And it recently got a catalyst that could push the stock even further.

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The near-term and medium-term forecast for Roblox might be robust, but what about the long term? The company experienced a growth of 82 percent in sales YoY in 2020. Along with the rising popularity of online content and games, the growth was accelerated by the COVID pandemic.

Roblox (RBLX) stock Forecast for 2022 – 2026

Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green. The mobile gaming platform reported strong growth again, as the company has now easily topped the covid peaks. My investment thesis is Neutral on the stock due solely to valuation with the rally above $40. Has attracted a stampede of bulls since its direct listing in March. The gaming company’s stock opened at $64.50 on its first trading day, well above its reference price of $45, and subsequently advanced to the low $90s — even as many high-growth stocks lost their momentum.

Also, when retirement plans faqs concerning sepsing, technical analysis tools are used, world geopolitical and news factors are taken into account. According to analysts’ consensus price target of $37.92, Roblox has a forecasted upside of 6.3% from its current price of $35.66. The chart below shows how a company’s share price and consensus price target have changed over time. The lighter blue line represents the stock’s consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock. All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals.

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Only 16 people have added Roblox to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% compared to the previous 30 days. Only 69 people have searched for RBLX on MarketBeat in the last 30 days. This is a decrease of -32% compared to the previous 30 days. MarketBeat has tracked 8 news articles for Roblox this week, compared to 9 articles on an average week. Roblox does not have a long track record of dividend growth.

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• Dynamics for Roblox shares will prevail with possible volatility of 3.707%.
• That acceleration is clearly reflected in its revenue growth.

In this article, we’ll take a closer look at the latest Roblox stock news, technical and fundamental situation, and third-party predictions to outline plausible scenarios for the future. 84% of retail investor accounts lose money when trading CFDs with this provider. According to Statista, the revenue in the Online Games segment is expected to show an annual growth rate (CAGR 2021–2025) of 7.36 percent, which results in a projected market volume of $31.3 billion by 2025. Roblox’s innovative business model fits perfectly into this trend and it should grow by leaps and bounds to take advantage of the growth in this market segment. Roblox stock got listed on the NYSE on March 10 under the ticker symbol “RBLX.” The mobile gaming platform finally took the plunge after putting off its IPO in 2020.

That acceleration is clearly reflected in its revenue growth. Between the first quarters of 2018 and 2021, Roblox’s DAUs more than quadrupled from 10.3 million to 42.1 million. Its total hours engaged soared from 2.1 billion to 9.7 billion, while its average bookings per DAU rose from $11.62 to $15.48.

StockForecast is not a personal financial advisor and does not make recommendations or offers to buy or sell securities or currencies. Roblox stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Roblox shares.

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The company has a strong net cash balance of $2 billion, pushing the forward EV/S multiple down to below 7x. Analysts only forecast 2023 revenues of $3.4 billion for 17% possibly providing some upside potential after Roblox reported another strong month. Based on those rosy projections, Roblox’s stock trades at 115 times forward earnings and 20 times this year’s sales. Those frothy valuations suggest there’s too much growth baked into its stock price. Roblox lets people create video games with a simple block-based system.

It also paid out over a third of its revenue as “developer exchange fees,” or the conversion of Robux back to U.S. dollars, last year. Please log in to your account or sign up in order to add this asset to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist.