Roblox is currently sporting a Zacks Rank of #3 (Hold). With Roblox stock trading at 40.30 per share, the total value of Roblox stock (market. Wall Street expected the company to lose 35 cents per. (NYSE: RBLX) Roblox currently has 610,680,873 outstanding shares. 5 min read Key Insights Institutions substantial holdings.Roblox lost 44 cents per share on sales of 655.3 million. Roblox Corporation (NYSE:RBLX) is favoured by institutional owners who hold 53 of the company Simply Wall St Jat 3:07 AM Over the past month, the Zacks Consensus EPS estimate remained stagnant. 00:00 Last week, Roblox reported its Q1 results, missing earnings estimates. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. A look at the stock’s price movement, the close in the last trading session was 41.82, moving within a range at 39.86 and 42.99. The stock outpaced the S&P 500's daily gain of 0.37. Though he reiterated his buy rating, Crum did lower his price target to 110 from 134. Roblox (RBLX) closed the most recent trading day at 39.14, moving +1.4 from the previous trading session. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). Roblox Corporation (NYSE:RBLX) price on Wednesday, June 28, fall -4.30 below its previous day’s close as a downside momentum from buyers pushed the stock’s value to 40.02. Currently, the analyst has a twelve-month price target of 110 for RBLX, indicating an upside of over 60. This model considers these estimate changes and provides a simple, actionable rating system. Investors can capitalize on this by using the Zacks Rank. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.īased on our research, we believe these estimate revisions are directly related to near-team stock moves. These revisions help to show the ever-changing nature of near-term business trends. Roblox (RBLX) Stock Forecast, Price & News 38.99 -1.03 (-2.57) (As of 02:16 PM ET) Compare Today's Range 38.73 40.20 50-Day Range 34.23 42.13 52-Week Range 25.32 53.88 Volume 5.81 million shs Average Volume 11.14 million shs Market Capitalization 21.86 billion P/E Ratio N/A Dividend Yield N/A Price Target 40. It is also important to note the recent changes to analyst estimates for Roblox. ![]() ![]() Our most recent consensus estimate is calling for quarterly revenue of $784.91 million, up 22.66% from the year-ago period.įor the full year, our Zacks Consensus Estimates are projecting earnings of -$1.82 per share and revenue of $3.44 billion, which would represent changes of -17.42% and +19.6%, respectively, from the prior year. The company is expected to report EPS of -$0.46, down 53.33% from the prior-year quarter. Wall Street will be looking for positivity from Roblox as it approaches its next earnings report date.
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