Shares of Technology sector company Roblox moved 2.4% today, and are now trading at a price of $40.2. The large-cap stock's daily volume was 2,048,787 compared to its average volume of 10,657,114. The S&P 500 index returned a 0.0% performance.
Roblox Corporation develops and operates an online entertainment platform. The company is based in San Mateo and has 2,128 full time employees. Its market capitalization is $25,071,110,144.
26 analysts are following Roblox and have set target prices ranging from $21.0 to $54.0 per share. On average, they have given the company a rating of buy. At today's prices, RBLX is trading -1.14% away from its average analyst target price of $40.66 per share.
Over the last year, RBLX's share price has increased by 17.0%, which represents a difference of 2.0% when compared to the S&P 500. The stock's 52 week high is $47.65 per share whereas its 52 week low is $24.88. Roblox's average free cash flow over the last 3 years has been $134.89 Million, but they have been decreasing at an average rate of -48.7%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 388,534 | 492,835 | -104,301 | -83.41 |
| 2022 | 369,296 | 426,163 | -56,867 | -110.05 |
| 2021 | 659,109 | 93,273 | 565,836 |
