Roblox Co. Expected to Earn Q1 2021 Earnings of $0.20 Per Share (NYSE:RBLX)


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Roblox Co. (NYSE:RBLX) – Equities research analysts at Truist Securiti issued their Q1 2021 earnings per share (EPS) estimates for Roblox in a report released on Monday, April 5th. Truist Securiti analyst M. Thornton expects that the company will post earnings per share of $0.20 for the quarter. Truist Securiti also issued estimates for Roblox’s Q2 2021 earnings at $0.18 EPS, Q3 2021 earnings at $0.16 EPS, Q4 2021 earnings at $0.18 EPS, FY2021 earnings at $0.72 EPS, FY2022 earnings at $0.92 EPS and FY2023 earnings at $1.21 EPS.

RBLX has been the subject of a number of other research reports. Truist Securities assumed coverage on Roblox in a report on Monday. They issued a “buy” rating and a $78.00 price target for the company. Morgan Stanley initiated coverage on shares of Roblox in a research note on Monday. They issued an “overweight” rating and a $80.00 target price for the company. Stifel Nicolaus initiated coverage on shares of Roblox in a research note on Monday, March 22nd. They set a “buy” rating and a $85.00 price target on the stock. Truist began coverage on shares of Roblox in a research report on Monday. They issued a “buy” rating and a $78.00 price objective for the company. Finally, The Goldman Sachs Group assumed coverage on Roblox in a research note on Monday. They set a “buy” rating and a $81.00 target price for the company. Six investment analysts have rated the stock with a buy rating, Roblox presently has a consensus rating of “Buy” and a consensus target price of $80.00.

RBLX stock opened at $68.73 on Wednesday. Roblox has a 1 year low of $60.50 and a 1 year high of $79.10.

In other news, insider Mark Reinstra sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, March 15th. The stock was sold at an average price of $70.60, for a total value of $2,824,000.00. Following the completion of the sale, the insider now directly owns 98,736 shares in the company, valued at approximately $6,970,761.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Roblox Company Profile

There is no company description available for Roblox Corp.

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