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

Roblox (NYSE:RBLX) issued its quarterly earnings data on Thursday. The company reported ($0.33) EPS for the quarter, topping the consensus estimate of ($0.46) by $0.13, Zacks reports. Roblox had a negative return on equity of 986.36% and a negative net margin of 30.90%. Roblox updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Roblox Stock Down 11.1 %

Shares of NYSE:RBLX traded down $8.37 on Thursday, hitting $67.10. 52,302,428 shares of the company traded hands, compared to its average volume of 8,902,583. The company has a market cap of $40.77 billion, a PE ratio of -40.92 and a beta of 1.46. The stock has a 50 day simple moving average of $61.79 and a 200-day simple moving average of $50.32. Roblox has a 52 week low of $29.55 and a 52 week high of $75.74. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 5.64.

Insider Activity at Roblox

In other news, CAO Amy Marie Rawlings sold 3,601 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $49.32, for a total value of $177,601.32. Following the transaction, the chief accounting officer now directly owns 81,407 shares in the company, valued at $4,014,993.24. This trade represents a 4.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Arvind Chakravarthy sold 14,269 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $49.43, for a total value of $705,316.67. Following the completion of the transaction, the insider now directly owns 244,803 shares in the company, valued at $12,100,612.29. The trade was a 5.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,306,335 shares of company stock valued at $77,348,316. 22.15% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on RBLX shares. Wedbush reaffirmed an “outperform” rating and set a $49.00 price objective on shares of Roblox in a report on Friday, October 25th. HSBC started coverage on Roblox in a research report on Thursday, December 12th. They set a “buy” rating and a $63.00 price objective on the stock. CICC Research started coverage on Roblox in a research report on Tuesday, January 14th. They issued an “outperform” rating for the company. BMO Capital Markets reiterated an “outperform” rating and set a $62.00 price target (up from $56.00) on shares of Roblox in a research report on Friday, November 1st. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $72.00 target price (up previously from $65.00) on shares of Roblox in a report on Tuesday, January 28th. Seven analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Roblox has a consensus rating of “Moderate Buy” and an average price target of $60.05.

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.