Roblox (RBLX) Projected to Post Earnings on Thursday

Roblox (NYSE:RBLX - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.41) per share and revenue of $1.14 billion for the quarter. Roblox has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Roblox (NYSE:RBLX - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported ($0.33) earnings per share for the quarter, beating the consensus estimate of ($0.46) by $0.13. Roblox had a negative net margin of 25.97% and a negative return on equity of 665.98%. On average, analysts expect Roblox to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Roblox Stock Up 2.1 %

RBLX stock opened at $63.46 on Thursday. The company has a debt-to-equity ratio of 4.82, a current ratio of 1.02 and a quick ratio of 0.98. Roblox has a 12 month low of $29.55 and a 12 month high of $75.74. The firm has a market capitalization of $39.88 billion, a PE ratio of -43.77 and a beta of 1.49. The company's 50 day simple moving average is $59.06 and its 200-day simple moving average is $57.08.

Insider Buying and Selling

In related news, CEO David Baszucki sold 229,167 shares of the firm's stock in a transaction on Monday, April 7th. The shares were sold at an average price of $52.48, for a total value of $12,026,684.16. Following the completion of the transaction, the chief executive officer now directly owns 221,983 shares of the company's stock, valued at approximately $11,649,667.84. This trade represents a 50.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark Reinstra sold 19,525 shares of Roblox stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $65.94, for a total transaction of $1,287,478.50. Following the completion of the transaction, the insider now directly owns 339,206 shares of the company's stock, valued at approximately $22,367,243.64. This trade represents a 5.44 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 902,954 shares of company stock valued at $55,354,971. Company insiders own 22.15% of the company's stock.

Wall Street Analyst Weigh In

RBLX has been the subject of several analyst reports. Oppenheimer upgraded Roblox from a "market perform" rating to an "outperform" rating and set a $70.00 price target for the company in a report on Thursday, April 10th. Benchmark reiterated a "buy" rating and set a $71.00 target price on shares of Roblox in a research report on Tuesday, March 18th. JPMorgan Chase & Co. lifted their price target on Roblox from $62.00 to $72.00 and gave the company an "overweight" rating in a report on Friday, January 10th. Roth Mkm raised their target price on shares of Roblox from $54.00 to $70.00 and gave the stock a "neutral" rating in a research report on Monday, January 27th. Finally, Wells Fargo & Company dropped their price target on shares of Roblox from $76.00 to $70.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $64.50.

Roblox Company Profile

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.

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