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

STA Research
by: STA Research

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:

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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