In Wednesday’s Wall Street session, Roblox Corporation (NYSE:RBLX) shares traded at $59.09, up 0.36% from the previous session.
RBLX stock price is now -1.88% away from the 50-day moving average and 14.24% away from the 200-day moving average. The market capitalization of the company currently stands at $39.43B.
With the price target maintained at $70, Oppenheimer recently Upgraded its rating from Perform to Outperform for Roblox Corporation (NYSE: RBLX). On March 28, 2025, FBN Securities recently initiated its ‘Sector Perform’ rating on the stock quoting a target price of $65, while ‘MoffettNathanson’ rates the stock as ‘Sell’
In other news, Baszucki David, President & CEO sold 229,167 shares of the company’s stock on Apr 07 ’25. The stock was sold for $12,026,757 at an average price of $52.48. Upon completion of the transaction, the President & CEO now directly owns 221,983 shares in the company, valued at $13.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 07 ’25, President & CEO Baszucki David sold 84,931 shares of the business’s stock. A total of $4,457,192 was realized by selling the stock at an average price of $52.48. This leaves the insider owning 875 shares of the company worth $51703.75. A total of 17.07% of the company’s stock is owned by insiders.
During the past 12 months, Roblox Corporation has had a low of $29.55 and a high of $75.74. As of last week, the company has a debt-to-equity ratio of 8.15, a current ratio of 0.85, and a quick ratio of 0.85. The fifty day moving average price for RBLX is $60.2198 and a two-hundred day moving average price translates $51.72375 for the stock.
The latest earnings results from Roblox Corporation (NYSE: RBLX) was released for 2024-12-31. The net profit margin was -25.97% and return on equity was -628.33% for RBLX. The company reported revenue of $988.18 million for the quarter, compared to $749.94 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.77 percent.
