Roblox (RBLX) Expected to Announce Earnings on Thursday

Roblox (NYSE:RBLX - Get Free Report) is anticipated to post its Q4 2024 quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Roblox to post earnings of ($0.46) per share and revenue of $1.37 billion for the quarter. Roblox has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.Persons that are interested in registering for the company's earnings conference call can do so using this link.

Roblox (NYSE:RBLX - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported ($0.33) EPS for the quarter, topping the consensus estimate of ($0.46) by $0.13. Roblox had a negative return on equity of 986.36% and a negative net margin of 30.90%. On average, analysts expect Roblox to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Roblox Stock Performance

Roblox stock traded down $0.71 on Friday, hitting $66.41. The company's stock had a trading volume of 23,957,585 shares, compared to its average volume of 9,656,356. Roblox has a one year low of $29.55 and a one year high of $75.74. The firm has a market cap of $40.34 billion, a P/E ratio of -40.49 and a beta of 1.46. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 5.64. The company has a fifty day moving average price of $62.47 and a 200-day moving average price of $50.62.

Insider Transactions at Roblox

In other Roblox news, Director Anthony P. Lee sold 250,000 shares of the company's stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $65.04, for a total transaction of $16,260,000.00. Following the completion of the sale, the director now owns 6,254,137 shares in the company, valued at approximately $406,769,070.48. The trade was a 3.84 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO David Baszucki sold 138,555 shares of the firm's stock in a transaction on Thursday, January 30th. The stock was 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. This represents a 51.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,306,335 shares of company stock worth $77,348,316 over the last 90 days. 22.15% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on RBLX. Roth Mkm upped their target price on shares of Roblox from $54.00 to $70.00 and gave the company a "neutral" rating in a research note on Monday, January 27th. Morgan Stanley upped their price objective on Roblox from $65.00 to $75.00 and gave the company an "overweight" rating in a research note on Monday, January 13th. Needham & Company LLC raised their target price on Roblox from $60.00 to $72.00 and gave the stock a "buy" rating in a research report on Friday. Raymond James reiterated a "strong-buy" rating and issued a $60.00 price target on shares of Roblox in a research report on Friday, November 22nd. Finally, Piper Sandler reissued an "overweight" rating and set a $72.00 price objective (up from $65.00) on shares of Roblox in a report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Roblox 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.