Roblox Corporation which can be found using ticker (RBLX) now have 28 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $55.00 and $24.00 calculating the average target price we see $43.38. Given that the stocks previous close was at $38.69 this would imply there is now a potential upside of 12.1%. It’s also worth noting that there is a 50 day moving average of $41.03 and the 200 day MA is $36.99. The total market capitalization for the company now stands at 25.25B. The stock price is currently at: $40.48 USD
The potential market cap would be $28,309,541,888 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of -, revenue per share of $4.31 and a -13.89% return on assets.
Roblox Corporation is a technology company. The Company operates a human co-experience platform or Roblox Platform, where users interact with each other to explore and develop, user-generated and 3D experiences. The Company operates the Roblox Platform as live services that allow users to play and socialize with others for free. Its platform is powered by user-generated content that draws inspiration from gaming, entertainment, social media and even toys. Upon signing up for Roblox, a user personalizes their Roblox identity, or avatar. Users are then free to immerse themselves in experiences on Roblox and can acquire experience-specific enhancements or avatar items in the Company’s avatar marketplace using the virtual currency (Robux). Any user can be a developer or creator on the Company’s platform using Roblox’s studio of software tools. Users can purchase Robux, as one-time purchases or through monthly subscriptions through mobile payments, credit cards, or prepaid cards.
