Currently, there are 607.45M common shares owned by the public and among those 535.85M shares have been available to trade.
The company’s stock has a 5-day price change of 0.53% and 49.66% over the past three months. RBLX shares are trading 7.60% year to date (YTD), with the 12-month market performance up to 46.70% higher. It has a 12-month low price of $29.55 and touched a high of $63.58 over the same period. RBLX has an average intraday trading volume of 8.08 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.36%, 11.36%, and 43.76% respectively.
Institutional ownership of Roblox Corporation (NYSE: RBLX) shares accounts for 63.50% of the company’s 607.45M shares outstanding.
It has a market capitalization of $40.86B and a beta (3y monthly) value of 1.42. The earnings-per-share (ttm) stands at -$1.63. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.70% over the week and 3.48% over the month.
Analysts forecast that Roblox Corporation (RBLX) will achieve an EPS of -0.45 for the current quarter, -0.45 for the next quarter and -1.45 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.59 while analysts give the company a high EPS estimate of -0.59. Comparatively, EPS for the current quarter was -0.52 a year ago. Earnings per share for the fiscal year are expected to increase by 16.59%, and 10.59% over the next financial year.
Looking at the support for the RBLX, a number of firms have released research notes about the stock. HSBC Securities stated their Buy rating for the stock in a research note on December 12, 2024, with the firm’s price target at $63. Morgan Stanley coverage for the Roblox Corporation (RBLX) stock in a research note released on November 04, 2024 offered a Overweight rating with a price target of $65. Jefferies on their part issued Hold rating on July 11, 2024.
