Roblox (NYSE:RBLX – Free Report) had its price target lowered by UBS Group from $74.00 to $49.00 in a research report sent to investors on Friday,Benzinga reports. The brokerage currently has a neutral rating on the stock.
Other equities research analysts have also issued reports about the stock. Canaccord Genuity Group cut their price objective on shares of Roblox from $160.00 to $140.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. TD Cowen raised shares of Roblox from a “sell” rating to a “hold” rating and cut their price objective for the company from $54.00 to $49.00 in a report on Friday. Barclays cut their price objective on shares of Roblox from $115.00 to $60.00 and set an “equal weight” rating for the company in a report on Friday. Freedom Capital upgraded Roblox from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. lowered their target price on Roblox from $100.00 to $75.00 and set a “neutral” rating for the company in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Roblox presently has an average rating of “Hold” and an average target price of $90.46.
Get Our Latest Research Report on RBLX
Roblox Stock Performance
Roblox (NYSE:RBLX – Get Free Report) last released its earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.41) by $0.06. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.74 billion. Roblox had a negative net margin of 20.69% and a negative return on equity of 285.88%. The firm’s quarterly revenue was up 43.4% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.32) EPS. On average, research analysts forecast that Roblox will post -1.6 EPS for the current year.
Insider Activity
In other news, Director Gregory Baszucki sold 16,666 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $57.95, for a total transaction of $965,794.70. Following the completion of the transaction, the director directly owned 1,302,834 shares in the company, valued at approximately $75,499,230.30. This represents a 1.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mark Reinstra sold 60,000 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $63.94, for a total value of $3,836,400.00. Following the transaction, the insider owned 394,322 shares of the company’s stock, valued at $25,212,948.68. This represents a 13.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 551,996 shares of company stock worth $38,421,146. 12.92% of the stock is owned by corporate insiders.
Institutional Trading of Roblox
Institutional investors have recently bought and sold shares of the stock. Pilgrim Partners Asia Pte Ltd bought a new stake in Roblox in the third quarter worth $26,000. Whittier Trust Co. of Nevada Inc. bought a new stake in Roblox in the third quarter worth $37,000. Root Financial Partners LLC bought a new stake in Roblox in the third quarter worth $38,000. Sunbelt Securities Inc. lifted its position in Roblox by 58.7% in the third quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock worth $39,000 after buying an additional 105 shares during the last quarter. Finally, Salomon & Ludwin LLC bought a new stake in Roblox in the third quarter worth $41,000. 94.46% of the stock is currently owned by institutional investors.
Roblox News Roundup
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.
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