Roblox (NYSE:RBLX) Posts Earnings Results, Beats Estimates By $0.13 EPS

Roblox (NYSE:RBLX) released its earnings results on Thursday. The company reported ($0.33) EPS for the quarter, topping analysts’ consensus estimates of ($0.46) by $0.13, Zacks reports. Roblox had a negative net margin of 25.97% and a negative return on equity of 795.19%. Roblox updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Roblox Stock Performance

RBLX opened at $66.41 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 5.64. Roblox has a 12-month low of $29.55 and a 12-month high of $75.74. The firm has a 50 day moving average of $62.47 and a two-hundred day moving average of $50.62. The firm has a market capitalization of $40.34 billion, a PE ratio of -45.80 and a beta of 1.46.

Insider Activity

In related news, CAO Amy Marie Rawlings sold 3,601 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $49.32, for a total transaction of $177,601.32. Following the completion of the sale, the chief accounting officer now directly owns 81,407 shares in the company, valued at approximately $4,014,993.24. The trade was a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David Baszucki sold 138,555 shares of the firm’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $71.62, for a total value of $9,923,309.10. Following the completion of the transaction, the chief executive officer now owns 129,301 shares in the company, valued at $9,260,537.62. The trade was a 51.73 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,306,335 shares of company stock valued at $77,348,316 in the last three months. 22.15% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

RBLX has been the topic of a number of research reports. Macquarie boosted their target price on shares of Roblox from $71.00 to $76.00 and gave the stock an “outperform” rating in a report on Friday. Barclays dropped their price objective on Roblox from $50.00 to $46.00 and set an “equal weight” rating for the company in a report on Friday. The Goldman Sachs Group lifted their target price on Roblox from $55.00 to $63.00 and gave the stock a “neutral” rating in a research report on Friday. Wedbush reaffirmed an “outperform” rating and issued a $83.00 price target on shares of Roblox in a research note on Friday. Finally, Canaccord Genuity Group boosted their price objective on shares of Roblox from $50.00 to $60.00 and gave the company a “buy” rating in a research report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $64.19.

About Roblox

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.