Roblox Corporation (NYSE:RBLX) price on current trading day, rose 2.47% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $59.35.
A look at the stock’s price movement, the level at last check in today’s session was $57.92, moving within a range at $57.1 and $59.7. The beta value (5-Year monthly) was 1.488. Turning to its 52-week performance, $75.74 and $29.55 were the 52-week high and 52-week low respectively. Overall, RBLX moved -5.52% over the past month.
Roblox Corporation’s market cap currently stands at around $39.60 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RBLX is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
26 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 6 analyst(s) rate the stock as a Hold, 17 recommend RBLX as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 2 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
RBLX’s current price about 1.09% and -6.29% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.83, while 7-day volatility ratio is 4.29% and 4.91% in the 30-day chart. Further, Roblox Corporation (RBLX) has a beta value of 1.50, and an average true range (ATR) of 2.99. Analysts have given the company’s stock an average 52-week price target of $54, forecast between a low of $43 and high of $63. Looking at the price targets, the low is 27.55% off recent price level in today’s trading while to achieve the yearly target high, it has to move -6.15%. Nonetheless, investors will most likely welcome a 9.01% jump to $54 which is the analysts’ median price.
If we refocus on Roblox Corporation (NYSE:RBLX), historical trading data shows that trading volumes averaged 9.85 over the past 10 days and 8.71 million over the past 3 months. The company’s latest data on shares outstanding shows there are 618.12 million shares.
The 17.04% of Roblox Corporation’s shares are in the hands of company insiders while institutional holders own 67.27% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 17.94 million on 2025-02-28, giving us a short ratio of 1.53. The data shows that as of 2025-02-28 short interest in Roblox Corporation (RBLX) stood at 436.00000000000006 of shares outstanding, with shares short falling to 24.56 million registered in 2025-01-31. Current price change has pushed the stock 2.57% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RBLX stock continues to rise going into the next quarter.
