Canaccord Genuity Group Has Lowered Expectations for Roblox (NYSE:RBLX) Stock Price

Roblox (NYSE:RBLX) had its price target dropped by investment analysts at Canaccord Genuity Group from $140.00 to $80.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 77.20% from the stock’s current price.

A number of other research analysts have also issued reports on the company. JPMorgan Chase & Co. reduced their price objective on Roblox from $100.00 to $75.00 and set a “neutral” rating for the company in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft set a $115.00 price target on shares of Roblox in a research report on Tuesday, January 20th. The Goldman Sachs Group set a $65.00 price target on shares of Roblox in a research report on Friday. Piper Sandler restated an “overweight” rating and set a $100.00 price target (down from $125.00) on shares of Roblox in a research report on Friday, February 6th. Finally, Wells Fargo & Company lowered their price target on shares of Roblox from $97.00 to $78.00 and set an “overweight” rating for the company in a research report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $90.46.

Roblox Stock Performance

NYSE RBLX traded down $10.11 during trading hours on Friday, reaching $45.15. The company’s stock had a trading volume of 53,314,250 shares, compared to its average volume of 11,689,892. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 2.65. The business has a 50-day simple moving average of $59.46 and a 200 day simple moving average of $80.23. Roblox has a 52 week low of $41.75 and a 52 week high of $150.59. The stock has a market cap of $30.19 billion, a PE ratio of -29.13 and a beta of 1.67.

Roblox (NYSE:RBLX) last issued its earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.06. Roblox had a negative net margin of 21.78% and a negative return on equity of 304.42%. The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter last year, the company posted ($0.32) earnings per share. Roblox’s revenue was up 43.4% on a year-over-year basis. Equities research analysts predict that Roblox will post -1.6 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Gregory Baszucki sold 16,666 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $57.95, for a total value of $965,794.70. Following the completion of the sale, the director owned 1,302,834 shares of the company’s stock, valued at $75,499,230.30. This represents a 1.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mark Reinstra sold 18,653 shares of the company’s stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $57.94, for a total transaction of $1,080,754.82. Following the completion of the sale, the insider directly owned 455,473 shares of the company’s stock, valued at $26,390,105.62. The trade was a 3.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 551,996 shares of company stock valued at $38,421,146. Corporate insiders own 12.92% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new position in shares of Roblox during the 4th quarter valued at $435,424,000. Vanguard Group Inc. increased its position in shares of Roblox by 5.6% during the 3rd quarter. Vanguard Group Inc. now owns 62,437,998 shares of the company’s stock valued at $8,648,911,000 after purchasing an additional 3,284,073 shares during the period. SRS Investment Management LLC acquired a new position in shares of Roblox during the 4th quarter valued at $238,065,000. Capital International Investors raised its position in Roblox by 7.3% in the fourth quarter. Capital International Investors now owns 31,953,301 shares of the company’s stock worth $2,589,282,000 after acquiring an additional 2,184,439 shares in the last quarter. Finally, ValueAct Holdings L.P. raised its position in Roblox by 39.5% in the fourth quarter. ValueAct Holdings L.P. now owns 5,975,821 shares of the company’s stock worth $484,221,000 after acquiring an additional 1,692,600 shares in the last quarter. 94.46% of the stock is currently owned by institutional investors.

Key Stories Impacting Roblox

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Needham & Company started coverage with a Buy and a $60 price target (largest bullish analyst call among peers), which offers upside relative to recent levels. Needham Coverage
• Neutral Sentiment: TD Cowen moved RBLX from Sell to Hold with a $49 target (small upside vs. current price), a modestly constructive tone compared with broader downgrades. TD Cowen Update
• Neutral Sentiment: UBS and DA Davidson cut price targets (UBS to $49, DA Davidson to $47.50) and set Neutral ratings — these trims signal lower investor expectation but still imply small upside from the current level. UBS/DA Davidson Notes TickerReport
• Negative Sentiment: The core driver: Roblox cut FY26 revenue/bookings guidance and lowered Q2 revenue expectations, citing that new child‑safety measures (age verification and discovery algorithm changes) are reducing sign‑ups and in‑game spending — this guidance cut is the primary reason the shares are under pressure. Reuters: Bookings Forecast CNBC: Safety Measures
• Negative Sentiment: Major sell‑side revisions: Bank of America slashed its target from $165 to $48 and downgraded to Neutral — a highly negative, high‑profile reset that likely amplified selling. 247WallSt: BofA Cut
• Negative Sentiment: Legal/ shareholder pressure: law firms (Block & Leviton, Ademi LLP) have opened investigations into possible securities‑fraud or disclosure issues tied to guidance and safety disclosures, adding regulatory and litigation risk. GlobeNewsWire: Investigation PR Newswire: Ademi LLP

About Roblox

Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.

Roblox’s business model is built around its virtual economy and creator ecosystem.