Roth Capital Has Bullish Outlook for Roblox FY2025 Earnings

Roblox Co. (NYSE:RBLX) – Equities research analysts at Roth Capital lifted their FY2025 earnings per share estimates for shares of Roblox in a report issued on Monday, January 27th. Roth Capital analyst E. Handler now forecasts that the company will post earnings of ($1.42) per share for the year, up from their previous estimate of ($1.46). The consensus estimate for Roblox’s current full-year earnings is ($1.56) per share. Roth Capital also issued estimates for Roblox’s FY2026 earnings at ($1.55) EPS and FY2027 earnings at ($1.37) EPS.

RBLX has been the subject of several other reports. Citigroup upped their price objective on Roblox from $53.00 to $63.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. BTIG Research raised their price target on shares of Roblox from $51.00 to $56.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. The Goldman Sachs Group boosted their price objective on shares of Roblox from $45.00 to $55.00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Wells Fargo & Company raised their target price on shares of Roblox from $58.00 to $76.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Finally, Piper Sandler reissued an “overweight” rating and set a $72.00 price target (up from $65.00) on shares of Roblox in a research report on Tuesday. Seven investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $59.14.

Roblox Stock Up 1.9 %

Shares of NYSE RBLX opened at $68.46 on Wednesday. The company has a fifty day moving average price of $59.09 and a 200 day moving average price of $49.06. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 5.64. Roblox has a 1-year low of $29.55 and a 1-year high of $69.12.

Roblox (NYSE:RBLX) last released its quarterly earnings results on Thursday, October 31st. The company reported ($0.37) earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.02. Roblox had a negative net margin of 30.90% and a negative return on equity of 986.36%. The company had revenue of $919.00 million during the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter in the prior year, the company earned ($0.45) earnings per share. The business’s quarterly revenue was up 9.5% compared to the same quarter last year.

Hedge Funds Weigh In On Roblox

A number of institutional investors have recently modified their holdings of the business. V Square Quantitative Management LLC acquired a new stake in Roblox in the third quarter valued at about $27,000. Frazier Financial Advisors LLC boosted its stake in shares of Roblox by 20,800.0% in the 3rd quarter. Frazier Financial Advisors LLC now owns 627 shares of the company’s stock valued at $28,000 after purchasing an additional 624 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Roblox by 83.9% during the 4th quarter. Versant Capital Management Inc now owns 524 shares of the company’s stock valued at $30,000 after purchasing an additional 239 shares during the last quarter. GAMMA Investing LLC increased its position in Roblox by 132.8% during the 3rd quarter. GAMMA Investing LLC now owns 929 shares of the company’s stock worth $41,000 after purchasing an additional 530 shares in the last quarter. Finally, Huntington National Bank lifted its stake in Roblox by 277.0% in the 3rd quarter. Huntington National Bank now owns 1,048 shares of the company’s stock valued at $46,000 after purchasing an additional 770 shares during the last quarter. Institutional investors and hedge funds own 94.46% of the company’s stock.

Insiders Place Their Bets

In other Roblox news, insider Manuel Bronstein sold 37,846 shares of the firm’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $52.03, for a total value of $1,969,127.38. Following the transaction, the insider now directly owns 674,259 shares of the company’s stock, valued at $35,081,695.77. This trade represents a 5.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark Reinstra sold 24,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $65.89, for a total transaction of $1,581,360.00. Following the sale, the insider now directly owns 281,161 shares of the company’s stock, valued at approximately $18,525,698.29. This trade represents a 7.86 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,417,812 shares of company stock worth $80,070,173 in the last 90 days. Company insiders own 22.15% of the company’s stock.

About Roblox

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.