Roblox Corporation (NYSE:RBLX) shares, rose in value, with the stock price down by -0.09% to the previous day’s close as strong demand from buyers drove the stock to $60.31.
Actively observing the price movement in the recent trading, the stock is buoying the session at $60.36, falling within a range of $59.17 and $60.61. The value of beta (5-year monthly) is 1.488. Referring to stock’s 52-week performance, its high was $75.74, and the low was $29.55. On the whole, RBLX has fluctuated by 0.88% over the past month.
With the market capitalization of Roblox Corporation currently standing at about $40.24 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-05.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.26B, with a low estimate of 1.1B and a high estimate of 1.15B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.14B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RBLX’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of RBLX currently trading nearly 2.29% and -4.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.42, while the 7-day volatility ratio is showing 4.22% which for the 30-day chart, stands at 5.11%. Furthermore, Roblox Corporation (RBLX)’s beta value is 1.48, and its average true range (ATR) is 2.78.
A comparison of Roblox Corporation (RBLX) with its peers suggests the former has fared considerably weaker in the market. RBLX showed an intraday change of -0.09% in today’s session so far, and over the past year, it grew by 64.50%%.
Data on historical trading for Roblox Corporation (NYSE:RBLX) indicates that the trading volumes over the past 10 days have averaged 7.97 and over the past 3 months, they’ve averaged 8.91 million. According to company’s latest data on outstanding shares, there are 618.12 million shares outstanding.
Nearly 17.04% of Roblox Corporation’s shares belong to company insiders and institutional investors own 67.27% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 16.21 million shares as on 2025-03-14, resulting in a short ratio of 1.67. According to the data, the short interest in Roblox Corporation (RBLX) stood at 395.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 20.58 million. The stock has risen by 4.23% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RBLX stock heading into the next quarter.
