how high could roblox stock go

Out of 16 analyst ratings, there are nine Buy recommendations, five Hold recommendations, and two Sell recommendations. The average Roblox price target is $38.56, implying an upside of 45.73%. Analyst price targets range from a low of $21.00 per share to a high of $61.00 per share.

Full Answer

Is Roblox a high-growth stock?

Roblox ( NYSE:RBLX) 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.

Will Roblox (rblx) stock keep going higher?

Roblox (NYSE: RBLX) stock is continuing to head higher after its initial public offering (IPO) last week and Stifel thinks it’s not likely going to stop anytime soon. Stifel analysts initiated coverage of RBLX stock today with a buy rating.

Is Roblox stock headed to $85?

What Stifel Thinks Roblox (NYSE: RBLX) stock is continuing to head higher after its initial public offering (IPO) last week and Stifel thinks it’s not likely going to stop anytime soon. Stifel analysts initiated coverage of RBLX stock today with a buy rating. To go along with that, the analysts assigned the stock a price target of $85 per share.

What is the price targets for Roblox stock?

To go along with that, the analysts assigned the stock a price target of $85 per share. That’s higher than the consensus price of $72.50 per share. It also represents a possible upside of roughly 18% for the stock. Roblox is a gaming platform that has more than 32 million average daily users.

Is Roblox stock a good 2022 buy?

NYSE: RBLX Management had earlier noted that it expected the declines could reverse in the middle of 2022. If Roblox updates investors and informs them that trends have turned upward, it could be an excellent time to buy the stock.

Is Roblox a good buy stock?

Shareholders will need more patience betting on Roblox's strong prospects. The company is a great buy as young gamers spend more time on the platform. But even after falling from the $141.60 high set in November 2021, the stock could get cheaper. The market will remain irrational longer than some will expect.

How high is Roblox expected to go?

The 17 analysts offering 12-month price forecasts for Roblox Corp have a median target of 45.00, with a high estimate of 78.00 and a low estimate of 21.00. The median estimate represents a +36.49% increase from the last price of 32.97.

Will Roblox stock ever recover?

A rebound in RBLX's shares is likely to happen in 2H 2022, when the company's bookings growth accelerate again benefiting from an easier base for comparison. But a recovery to the $70 price level is quite challenging considering the implied valuation multiples and the weakness in Roblox's US & Canada region.

Is Roblox a Buy Sell or Hold?

Roblox has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 8 buy ratings, 6 hold ratings, and 2 sell ratings.

Is Roblox going to be profitable?

Roblox has never been profitable, but the company's Q4 net loss widened by a wide margin. In the quarter, revenue grew 83% YOY to $569 million, but the net loss grew 144% to $143 million. The company's free cash flow also declined compared to the year-ago period, from almost $119 million to $77 million in Q4 2021.

What is Nio price target?

NIO Inc (NYSE:NIO) The 30 analysts offering 12-month price forecasts for NIO Inc have a median target of 30.21, with a high estimate of 82.24 and a low estimate of 21.90. The median estimate represents a +57.16% increase from the last price of 19.22.

Does Roblox have a future?

Roblox revenue growth peaked in Q1 2021 at 140%. Over the course of 2021, as the tailwinds from the pandemic began to die down, traders and short-term speculators increasingly began selling stocks that benefitted from the pandemic and the selling eventually caught up to Roblox in late 2021 moving into 2022.

What is Roblox target price?

Stock Price TargetHigh$61.00Low$21.00Average$36.69Current Price$28.90

Why are Roblox shares so low?

Investors lost confidence in Roblox (RBLX -3.64%) in the second month of 2022 after the company reported underwhelming revenue and user growth for the fourth quarter of 2021. According to data from S&P Global Market Intelligence, shares of the gaming platform dropped 21.7% in February.

Why is Roblox stock sinking?

Roblox stock was sinking after the videogame firm missed Wall Street's expectations for first-quarter adjusted revenue and reported a wider-than-expected net loss.

Will the market crash again in 2022?

Our experts agree that it's likely to be a bumpy road ahead for the remainder of 2022. But, crash or no crash, recession or not, history tells us time and time again this is part of the journey.

Is Roblox a buy right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Roblox in the last year. There are currently 1 sell rating, 7 ho...

When is Roblox's next earnings date?

Roblox is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022. View our earnings forecast for Roblox .

How were Roblox's earnings last quarter?

Roblox Co. (NYSE:RBLX) released its earnings results on Tuesday, May, 10th. The company reported ($0.27) earnings per share for the quarter, missin...

What price target have analysts set for RBLX?

16 brokers have issued 1 year target prices for Roblox's shares. Their forecasts range from $21.00 to $125.00. On average, they anticipate Roblox's...

What are Wall Street analysts saying about Roblox stock?

Here are some recent quotes from research analysts about Roblox stock: 1. According to Zacks Investment Research, "Roblox Corporation develops and...

Who are Roblox's key executives?

Roblox's management team includes the following people: Mr. David Baszucki , Founder, Pres, CEO & Chairman (Age 57, Pay $601.39k) ( LinkedIn Pro...

What is David Baszucki's approval rating as Roblox's CEO?

144 employees have rated Roblox CEO David Baszucki on Glassdoor.com . David Baszucki has an approval rating of 98% among Roblox's employees. This...

Who are some of Roblox's key competitors?

Some companies that are related to Roblox include NetEase (NTES) , Activision Blizzard (ATVI) , Dassault Systèmes (DASTY) , VMware (VMW) , Squ...

When did Roblox IPO?

(RBLX) raised $0 in an IPO on Wednesday, March 10th 2021. The company issued 198,900,000 shares at a price of $0.00 per share. Goldman Sachs and Mo...

About Roblox

Roblox Corporation develops and operates an online entertainment platform. It offers Roblox Client, an application that allows users to explore 3D digital worlds; and Roblox Studio, a toolset that allows developers and creators to build, publish, and operate 3D experiences and other content.

Roblox (NYSE:RBLX) Frequently Asked Questions

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Roblox in the last year. There are currently 1 sell rating, 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Roblox stock. View analyst ratings for Roblox or view top-rated stocks.

Roblox stock analysis: Price drivers and technical view

The Roblox chart shows the stock has been on a sharp downtrend since it hit its November all-time high despite nailing the market’s estimates for the firm’s revenues for the third quarter of the 2021 fiscal year.

Increasing competition in the race toward becoming the go-to metaverse platform

Other companies aside from Roblox have dipped their toes into the metaverse industry including the social-media giant Facebook Inc., which was rebranded as Meta Platforms .

Roblox stock fundamental analysis: Latest earnings

Roblox reported its financial results covering the third quarter of its 2021 fiscal year in November last year.

Roblox stock forecast: Analyst sentiment

According to data compiled by MarketBeat as of 10 January, the consensus recommendation for Roblox was bullish with a total of 11 out of 14 analysts covering the stock rating it as ‘buy’. The two analysts gave RBLX a ‘hold’ rating, while another one rated it as ‘sell’.

Roblox stock price prediction: Targets for 2022, 2025 and 2027

Commenting on Roblox stock future, Mikhail Karkhalev, an analyst at Capital.com, said:

How much will Roblox grow in 2022?

But for fiscal 2022, they expect its revenue to rise just 19% to $3.14 billion as the pandemic ends and it faces tough year-over-year comparisons.

Why do people buy Robux?

Players buy Robux to pay creators, who can then covert the currency back to U.S. dollars at a set exchange rate. This self-sufficient cycle differentiates Roblox from professional game development engines like Unity Software, and shares more qualities with Microsoft 's Minecraft.

Is Roblox a self-sufficient platform?

A self-sufficient gaming platform for tweens. Roblox lets people create video games with a simple block-based system. The simplicity of its platform, which doesn't require any coding experience, drives its growth among tween users. More than half of its daily active users (DAUs) are currently under the age of 13.

Can you share your Roblox game with other people?

Roblox's creators can share their games with other users, promote them on streaming platforms like Amazon 's Twitch, and monetize them with in-game features or cosmetic upgrades for avatars. Roblox enables these transactions with an in-game currency called Robux.

Is Roblox profitable in 2022?

Wall Street expects Roblox to turn profitable this year as it gradually narrows its losses, then grow its earnings 3% in fiscal 2022. But that outlook could still be too optimistic, since it could be tough for Roblox to reduce the exchange rate for its developer exchange fees without alienating developers.

Roblox Corporation - Class A ( RBLX ) Stock Market info

Recommendations: Buy or sell Roblox Corporation - Class A stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Roblox Corporation - Class A share forecasts, stock quote and buy / sell signals below.

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So, is Roblox stock a buy?

As one of the purest plays on the build-out of the metaverse, Roblox's growth potential is clear. But the risks to children on its platform are real and must be addressed. Parents who are uncomfortable with the potential for abuse will not let their children play on Roblox, which could crush the company.

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