Roblox’s (RBLX) “Outperform” Rating Reiterated at Wedbush

Wedbush reissued their outperform rating on shares of Roblox (NYSE:RBLX) in a report published on Friday morning,Benzinga reports. The firm currently has a $65.00 price objective on the stock.

Several other research analysts have also commented on RBLX. Morgan Stanley reiterated an “overweight” rating and set a $62.00 price target on shares of Roblox in a report on Friday, May 1st. Barclays raised shares of Roblox from an “equal weight” rating to an “outperform” rating in a report on Monday, June 29th. Canaccord Genuity Group reduced their target price on shares of Roblox from $140.00 to $80.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Wall Street Zen raised shares of Roblox from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Wolfe Research assumed coverage on shares of Roblox in a report on Friday, May 1st. They issued an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Roblox presently has a consensus rating of “Moderate Buy” and a consensus price target of $85.85.

Roblox Price Performance

NYSE:RBLX opened at $47.51 on Friday. Roblox has a one year low of $40.15 and a one year high of $150.59. The stock has a market cap of $31.91 billion, a PE ratio of -30.07 and a beta of 1.41. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a 50 day moving average price of $49.27 and a 200 day moving average price of $57.81.

Roblox (NYSE:RBLX) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.35) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.06. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.74 billion. Roblox had a negative return on equity of 277.69% and a negative net margin of 20.69%.The firm’s revenue for the quarter was up 43.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.32) earnings per share. Equities research analysts expect that Roblox will post -1.39 EPS for the current fiscal year.

Roblox declared that its Board of Directors has approved a stock buyback plan on Tuesday, May 19th that allows the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 9.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Roblox

In other news, insider Matthew D. Kaufman sold 14,356 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $45.27, for a total transaction of $649,896.12. Following the completion of the transaction, the insider directly owned 349,964 shares in the company, valued at approximately $15,842,870.28. This represents a 3.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Mark Reinstra sold 17,275 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $45.28, for a total value of $782,212.00. Following the sale, the insider directly owned 438,198 shares of the company’s stock, valued at $19,841,605.44. The trade was a 3.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 161,983 shares of company stock worth $7,580,990. Insiders own 10.05% of the company’s stock.

Institutional Investors Weigh In On Roblox

Institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC lifted its holdings in shares of Roblox by 2.3% in the 1st quarter. NewEdge Advisors LLC now owns 10,236 shares of the company’s stock worth $597,000 after acquiring an additional 231 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of Roblox by 70.2% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,000 shares of the company’s stock worth $1,368,000 after purchasing an additional 5,363 shares during the period. CW Advisors LLC acquired a new stake in Roblox in the 2nd quarter valued at approximately $272,000. Baird Financial Group Inc. increased its holdings in Roblox by 1.4% in the 2nd quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock valued at $767,000 after purchasing an additional 102 shares during the last quarter. Finally, WINTON GROUP Ltd purchased a new stake in Roblox in the second quarter valued at approximately $438,000. 94.46% of the stock is currently owned by institutional investors and hedge funds.

Key Roblox News

Here are the key news stories impacting Roblox this week:

• Positive Sentiment: Wedbush reaffirmed its Outperform rating on Roblox and kept a $65 price target, implying meaningful upside from current levels. Benzinga report on Wedbush rating reaffirmation
• Neutral Sentiment: Roblox remains scheduled to report earnings soon, keeping investors focused on user-growth trends, monetization, and management commentary around platform engagement. Roblox to Release Earnings on Thursday
• Neutral Sentiment: Several law firms issued updated notices about an existing securities class action, including expanded class-period reminders and approaching lead-plaintiff deadlines. These headlines add legal overhang, but they are largely procedural unless new allegations materially change the case. Roblox Deadline: RBLX Investors with Losses in Excess of $100K Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit
• Negative Sentiment: Wedbush trimmed fiscal 2026 estimates, citing near-term user-growth pressure tied to age-verification friction that may be limiting platform access and slowing engagement. Roblox estimates trimmed by Wedbush ahead of second quarter results

Roblox Company Profile

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.