Roblox (NYSE:RBLX) Announces Quarterly Earnings Results

Roblox (NYSE:RBLX) issued its earnings results on Thursday. The company reported ($0.33) EPS for the quarter, beating analysts’ consensus estimates of ($0.46) by $0.13, Zacks reports. Roblox had a negative net margin of 30.90% and a negative return on equity of 986.36%. Roblox updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Roblox Stock Performance

NYSE RBLX traded down $9.40 during trading hours on Thursday, reaching $66.07. The company’s stock had a trading volume of 46,475,358 shares, compared to its average volume of 8,763,223. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 5.64. The business has a 50-day simple moving average of $61.79 and a 200 day simple moving average of $50.32. The stock has a market cap of $40.14 billion, a PE ratio of -40.11 and a beta of 1.46. Roblox has a 52 week low of $29.55 and a 52 week high of $75.74.

Wall Street Analysts Forecast Growth

RBLX has been the topic of a number of recent research reports. Macquarie boosted their price objective on Roblox from $50.00 to $58.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Morgan Stanley boosted their price target on Roblox from $65.00 to $75.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Canaccord Genuity Group increased their price objective on shares of Roblox from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Barclays boosted their target price on shares of Roblox from $40.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, November 1st. Finally, Raymond James reaffirmed a “strong-buy” rating and set a $60.00 price target on shares of Roblox in a research note on Friday, November 22nd. Seven analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Roblox currently has an average rating of “Moderate Buy” and a consensus target price of $60.05.

Insider Buying and Selling

In other Roblox news, CAO Amy Marie Rawlings sold 6,054 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $51.43, for a total value of $311,357.22. Following the completion of the transaction, the chief accounting officer now owns 85,008 shares in the company, valued at approximately $4,371,961.44. This represents a 6.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Anthony P. Lee sold 25,000 shares of Roblox stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $52.34, for a total value of $1,308,500.00. Following the sale, the director now directly owns 5,731,695 shares in the company, valued at approximately $299,996,916.30. This trade represents a 0.43 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,306,335 shares of company stock valued at $77,348,316. Insiders own 22.15% of the company’s stock.

About Roblox

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.