Roblox Corporation which can be found using ticker (RBLX) have now 28 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $65.00 and $29.00 and has a mean share price target at $49.03. (at the time of writing). Given that the stocks previous close was at $44.44 this would imply there is now a potential upside of 10.3%. Also worth taking note is the 50 day moving average now sits at $42.26 and the 200 moving average now moves to $37.03. The company has a market capitalization of 26.76B. The stock price for the company is currently is currently $42.91 USD
The potential market cap would be $29,528,942,277 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 $4.54 and a -13.63% 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.
