Roblox Corporation (RBLX)

NYSE: RBLX · IEX Real-Time Price · USD
39.90
-0.26 (-0.65%)
Feb 29, 2024, 4:02 PM EST - Market closed
-0.65%
Market Cap 25.32B
Revenue (ttm) 2.80B
Net Income (ttm) -1.15B
Shares Out 631.41M
EPS (ttm) -1.87
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7,132,062
Open 40.25
Previous Close 40.16
Day's Range 39.73 - 41.06
52-Week Range 24.88 - 47.65
Beta 1.68
Analysts Buy
Price Target 44.81 (+12.31%)
Earnings Date Feb 7, 2024

About RBLX

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. Roblox Corporation was incorporated in 2004 and is headquartered in San Mateo, California. [Read more]

IPO Date Mar 10, 2021
Employees 2,457
Stock Exchange NYSE
Ticker Symbol RBLX
Full Company Profile

Financial Performance

In 2023, Roblox's revenue was $2.80 billion, an increase of 25.81% compared to the previous year's $2.23 billion. Losses were -$1.15 billion, 24.6% more than in 2022.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for RBLX stock is "Buy." The 12-month stock price forecast is $44.81, which is an increase of 12.31% from the latest price.

Price Target
$44.81
(12.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Roblox creators earned $741 million in 2023 through its DevEx program

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.

5 days ago - CNBC Television

Blackhawk Network (BHN) Partners with Roblox to Expand Launch of Digital Gift Cards

PLEASANTON, Calif.--(BUSINESS WIRE)--Leading branded payments provider, Blackhawk Network (BHN), has partnered with Roblox, a global immersive platform for communication and connection, to offer Austr...

15 days ago - Business Wire

Goldman Sachs Is No Longer a Roblox Bear

The video game platform saw bookings jump 25% in its latest quarter.

21 days ago - Barrons

Roblox shares rise 10% after company beats estimates and issues strong guidance

Roblox reported results for the fiscal fourth quarter and full year that beat consensus estimates on the top and bottom lines.

21 days ago - CNBC

Roblox CEO David Baszucki on better-than-expected Q4 results: We continue to grow users

Roblox founder and CEO David Baszucki joins 'Squawk Box' to discuss the company's quarterly earnings results, which reported results for the fiscal fourth quarter Wednesday that beat consensus estimat...

21 days ago - CNBC Television

Roblox is turning a corner, but can it complete a reversal?

The Roblox NYSE: RBLX market has been rangebound for two years, but that situation is changing. The company leaned into optimizing its business, growing its base and building the platform for future g...

21 days ago - MarketBeat

Roblox reports 25% YoY growth with over $1B bookings in last quarter

Roblox Corporation have released its earnings report for the last quarter of the year, showing that bookings, users and net losses are all up.

21 days ago - VentureBeat

Roblox Stock Surges as Video Game Company's Q4 Results Beat Estimates on Record Bookings

Shares of Roblox (RBLX) surged after the online video game company reported higher-than-forecast quarterly results on the back of record bookings.

22 days ago - Investopedia

Roblox Looks to Capture Network Effects From AI, Metaverse Headsets

The metaverse, creator economy and artificial intelligence (AI) are among the 21st century's biggest trends. And video game developer Roblox, which enjoyed its first-ever quarter with over $1 billion ...

22 days ago - PYMNTS

Roblox earnings bring a big bookings milestone, sending the stock rocketing

Roblox Inc. shares tend to swing big after earnings and Wednesday's results could bring a continuation of that trend.

22 days ago - Market Watch

Roblox Stock Jumps on 25% Bookings Increase and Strong Guidance

The video game platform posts a narrower-than-expected fourth-quarter loss.

22 days ago - Barrons

Roblox forecasts strong 2024 bookings; in-game spending gets holiday boost

Gaming platform Roblox forecast annual bookings above estimates on Wednesday after it crossed $1 billion in quarterly bookings for the first time on higher in-game spending during the holiday season, ...

22 days ago - Reuters

Roblox Q4 earnings: here's what CEO Baszucki said in the press release

Roblox Corp (NYSE: RBLX) is trading up in premarket on Wednesday after reporting strong results for its fiscal fourth quarter. How many users does Roblox now have?

22 days ago - Invezz

Roblox beats estimates and issues strong guidance

Roblox reported results for the fiscal fourth quarter and full year that beat consensus estimates on the top and bottom lines.

22 days ago - CNBC

Roblox Reports Fourth Quarter and Full Year 2023 Financial Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Roblox Reports Fourth Quarter and Full Year 2023 Financial Results.

22 days ago - Business Wire

IMPORTANT DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Roblox Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Roblox Corporation ("Roblox" o...

4 weeks ago - Accesswire

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Roblox Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 26, 2024 - (NYSE: RBLX)

NEW YORK , Jan. 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Roblox Corporation. Shareholders who purchased shares of RBLX during the class period listed ...

4 weeks ago - PRNewsWire

RBLX Investors Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit

Shareholders with losses of $100,000 or more are encouraged to contact the firm.   LOS ANGELES , Jan. 25, 2024 /PRNewswire/ -- The Law Offices of Frank R.

5 weeks ago - PRNewsWire

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Roblox Investors of a Lead Plaintiff Deadline of January 26, 2024

NEW YORK , Jan. 25, 2024 /PRNewswire/ -- Attention Roblox Corporation ("Roblox") (NYSE: RBLX) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf...

5 weeks ago - PRNewsWire

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Roblox Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 25, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Roblox Corporation ("Roblox" o...

5 weeks ago - Accesswire

Roblox opens new Creator Store to speed game creation

Roblox launched its Creator Store, a new digital store for creators that replaces the previous Creator Marketplace.

5 weeks ago - VentureBeat

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Roblox Corporation(RBLX) Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , Jan. 23, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Roblox Corporation ("Roblox" or the "Company") (NYSE: RBLX) of a class action securities lawsuit. CLASS DEFINITION:...

5 weeks ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Roblox Corporation - RBLX

NEW YORK , Jan. 22, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Roblox Corporation ("Roblox" or the "Company") (NYSE: RBLX). Such investors are advi...

5 weeks ago - PRNewsWire

ROBLOX SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Roblox Corporation - RBLX

NEW ORLEANS , Jan. 19, 2024 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 26...

5 weeks ago - PRNewsWire

FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in Roblox Corporation with Losses In Excess of $500,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 18, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Roblox Corporation ("Roblox" o...

6 weeks ago - Accesswire