What Should You Know About Roblox Before Investing?

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
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.