Roblox (NYSE:RBLX) Releases Earnings Results, Beats Expectations By $0.13 EPS

Roblox (NYSE:RBLX) announced its earnings results on Thursday. The company reported ($0.33) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.46) by $0.13, Zacks reports. Roblox had a negative net margin of 30.90% and a negative return on equity of 986.36%. Roblox updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Roblox Price Performance

Shares of RBLX opened at $67.10 on Friday. 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 stock has a market cap of $40.77 billion, a PE ratio of -40.92 and a beta of 1.46. Roblox has a 12-month low of $29.55 and a 12-month high of $75.74. The business has a 50-day simple moving average of $62.14 and a two-hundred day simple moving average of $50.44.

Insider Activity

In related news, CAO Amy Marie Rawlings sold 6,054 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $51.43, for a total value of $311,357.22. Following the sale, the chief accounting officer now owns 85,008 shares of the company’s stock, valued at $4,371,961.44. The trade was a 6.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO David Baszucki sold 138,555 shares of the 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 sale, the chief executive officer now owns 129,301 shares of the company’s stock, valued at $9,260,537.62. The trade was a 51.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,306,335 shares of company stock valued at $77,348,316. 22.15% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. The Goldman Sachs Group boosted their price objective on shares of Roblox from $55.00 to $63.00 and gave the company a “neutral” rating in a report on Friday. Citigroup boosted their price target on Roblox from $63.00 to $82.00 and gave the company a “buy” rating in a research note on Monday. Raymond James restated a “strong-buy” rating and set a $60.00 price objective on shares of Roblox in a research note on Friday, November 22nd. CICC Research began coverage on Roblox in a research report on Tuesday, January 14th. They set an “outperform” rating for the company. Finally, Benchmark raised their price target on Roblox from $44.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. One research analyst has rated the stock with a sell rating, six have given a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $61.38.

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.