Roblox Corporation (RBLX:NYE) Analysts rate with a Strong Buy, $62 target

Based on the Roblox Corporation stock forecasts from 16 analysts, the average analyst target price for Roblox Corporation is USD 61.88 over the next 12 months. Roblox Corporation’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Roblox Corporation is Very Bearish, which is based on 0 positive signals and 3 negative signals. At the last closing, Roblox Corporation’s stock price was USD 23.97. Roblox Corporation’s stock price has changed by -31.28% over the past week, -45.55% over the past month and -68.26% over the last year.
Recent Analyst’s Ratings:
Target Price Action | Rating Action | Analyst | Rating | Price | Date |
---|---|---|---|---|---|
Down
|
Target Lowered by | Needham & Company LLC |
USD 60 » USD 40
|
2022-05-12 | |
Down
|
Target Lowered by | Benchmark |
USD 45 » USD 21
|
2022-05-12 | |
Down
|
Target Lowered by | Deutsche Bank Capital |
USD 60 » USD 45
|
2022-05-12 | |
Down
|
Target Lowered by | Truist Securities |
USD 70 » USD 36
|
2022-05-10 | |
Target
|
Initiated by | Wedbush | 2022-05-09 | ||
Down
|
Target Lowered by | Stifel Nicolaus Research |
USD 65 » USD 53
|
2022-05-03 |
What We Like:
There are no fundamental attributes which we currently can include in a positive thesis. This is a speculative play.
What to not like:
Poor risk adjusted returns
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
High volatility
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Below median dividend returns
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
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