Roblox (NYSE:RBLX) Earns “Outperform” Rating from Wedbush

Roblox (NYSE:RBLX)‘s stock had its “outperform” rating reiterated by Wedbush in a research note issued on Friday,Benzinga reports. They presently have a $65.00 target price on the stock. Wedbush’s price objective points to a potential upside of 36.64% from the stock’s previous close.

Several other analysts also recently issued reports on RBLX. Wells Fargo & Company upped their price target on shares of Roblox from $55.00 to $56.00 and gave the company an “overweight” rating in a report on Tuesday, June 30th. Piper Sandler set a $60.00 price objective on shares of Roblox in a research note on Tuesday. Barclays upgraded Roblox from an “equal weight” rating to an “outperform” rating in a research report on Monday, June 29th. Seaport Research Partners lowered Roblox to a “neutral” rating in a research note on Monday, June 29th. Finally, UBS Group began coverage on Roblox in a report on Monday, June 29th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Roblox currently has an average rating of “Moderate Buy” and a consensus price target of $85.85.

Roblox Price Performance

Shares of NYSE:RBLX opened at $47.57 on Friday. The firm has a market capitalization of $31.95 billion, a price-to-earnings ratio of -30.11 and a beta of 1.41. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.89 and a quick ratio of 0.89. The business’s 50 day simple moving average is $49.17 and its 200-day simple moving average is $58.04. Roblox has a 12 month low of $40.15 and a 12 month high of $150.59.

Roblox (NYSE:RBLX) last posted its earnings results on Thursday, April 30th. The company reported ($0.35) EPS for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.06. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.74 billion. Roblox had a negative return on equity of 277.69% and a negative net margin of 20.69%.During the same period in the previous year, the business earned ($0.32) earnings per share. Roblox’s quarterly revenue was up 43.4% compared to the same quarter last year. As a group, equities analysts forecast that Roblox will post -1.39 earnings per share for the current fiscal year.

Roblox announced that its Board of Directors has initiated a share repurchase program on Tuesday, May 19th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the company to purchase up to 9.5% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Insider Transactions at Roblox

In other Roblox news, insider Mark Reinstra sold 4,512 shares of Roblox stock in a transaction on Monday, July 6th. The shares were sold at an average price of $57.34, for a total value of $258,718.08. Following the transaction, the insider owned 422,248 shares in the company, valued at $24,211,700.32. This trade represents a 1.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sean Jack Buckley sold 4,744 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $46.36, for a total value of $219,931.84. Following the completion of the transaction, the insider directly owned 97,141 shares in the company, valued at $4,503,456.76. This trade represents a 4.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 161,983 shares of company stock valued at $7,580,990 in the last quarter. Insiders own 10.05% of the company’s stock.

Hedge Funds Weigh In On Roblox

A number of large investors have recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Roblox during the 4th quarter worth about $435,424,000. SRS Investment Management LLC acquired a new stake in Roblox during the 4th quarter worth approximately $238,065,000. Amundi raised its holdings in Roblox by 83.7% in the first quarter. Amundi now owns 5,774,151 shares of the company’s stock valued at $326,586,000 after buying an additional 2,631,074 shares during the period. Capital International Investors raised its holdings in Roblox by 7.3% in the fourth quarter. Capital International Investors now owns 31,953,301 shares of the company’s stock valued at $2,589,282,000 after buying an additional 2,184,439 shares during the period. Finally, ValueAct Holdings L.P. lifted its position in Roblox by 39.5% during the fourth quarter. ValueAct Holdings L.P. now owns 5,975,821 shares of the company’s stock valued at $484,221,000 after buying an additional 1,692,600 shares in the last quarter. 94.46% of the stock is currently owned by hedge funds and other institutional investors.

Roblox News Summary

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Investor commentary continues to highlight Roblox’s new Build feature, a mobile-first AI creation tool that could improve user engagement and expand long-term revenue opportunities. Roblox (RBLX) Unveiled Build, Is The Stock Fully Priced?
• Positive Sentiment: Some analysis argues Roblox’s AI strategy could strengthen its user-generated-content flywheel and support a more durable growth story over time. Roblox: AI Could Turn A Great Flywheel Into A Dominant One
• Neutral Sentiment: Barclays reiterated a Hold rating on Roblox, suggesting a cautious but not aggressively bearish analyst stance. Barclays Sticks to Its Hold Rating for Roblox (RBLX)
• Negative Sentiment: Multiple law firms expanded or reiterated securities-fraud class actions against Roblox, increasing legal uncertainty and raising the risk of distraction, costs, and potential settlement pressure. INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Roblox Corporation (RBLX) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
• Negative Sentiment: The class period in the lawsuit was expanded to cover a longer stretch of trading, broadening the pool of potentially affected shareholders and reinforcing the legal overhang on the stock. HBSS Alerts Roblox Corporation (RBLX) Investors to Expanded Class Period; Lead Plaintiff Deadline Remains August 7, 2026

Roblox Company Profile

Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.

Roblox’s business model is built around its virtual economy and creator ecosystem.