The price of Roblox Corporation (NYSE:RBLX) shares last traded on Wall Street rose 3.16% to $79.45.
RBLX stock price is now 28.32% away from the 50-day moving average and 45.84% away from the 200-day moving average. The market capitalization of the company currently stands at $53.89B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
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, Guthrie Michael, Chief Financial Officer sold 50,000 shares of the company’s stock on May 12 ’25. The stock was sold for $3,588,622 at an average price of $71.77. Upon completion of the transaction, the Chief Financial Officer now directly owns 516,434 shares in the company, valued at $41.03 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 12 ’25, President & CEO Baszucki David sold 118,051 shares of the business’s stock. A total of $8,787,445 was realized by selling the stock at an average price of $74.44. This leaves the insider owning 221,983 shares of the company worth $17.64 million. A total of 19.45% of the company’s stock is owned by insiders.
During the past 12 months, Roblox Corporation has had a low of $30.83 and a high of $77.24. As of last week, the company has a debt-to-equity ratio of 5.81, a current ratio of 0.85, and a quick ratio of 0.85. The fifty day moving average price for RBLX is $61.9144 and a two-hundred day moving average price translates $54.479 for the stock.
The latest earnings results from Roblox Corporation (NYSE: RBLX) was released for 2025-03-31. The net profit margin was -22.94% and return on equity was -460.30% for RBLX. The company reported revenue of $1.04 billion for the quarter, compared to $801.3 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 29.19 percent.