Roblox Stock Market Value

Roblox, a children’s game app whose popularity spiked during the pandemic, also saw a surge in its stock market debut on the New York Stock Exchange. The Roblox stock closed at $69.50 each,  giving the company a market capitalizationof $38.26 billion. In a January funding round, the Roblox company was last valued in the private market at $29.5 billion.

Roblox stock starts trading at $ 64.50 which represents a 43% increase over the private financing round in January when the company sold the stock for $ 45. NYSE set a reference price at $45 even though no stock changes hands at those levels. However, the reference price here tends to reflect private market trading which does not point where a stock will open.

Roblox Stock Market Value

Roblox is entering a market stemming from years of explosive growth, particularly from children stuck at home due to the Covid-19 pandemic which forced schools to close and sports leagues closed.

The Roblox company predicts rapid growth in 2021 though at a much slower clip than last year. In this case, the revenue is predicted to increase between 56% and 64% to between $1.44 billion and $1.52 billion. Well, it really indicates a higher revenue per user, due to the company seeing the number of daily active users increase by only 6% to 12%. Meanwhile, the total engagement hours are expected to be flat.

Roblox Stock Market Value Today

As predicted by Stifel, as a stock analyst who predicts that Roblox’s stock will increase up to $85 per stock. According to Business Insider, he said that the company will get the benefits not only from the network effects but also from strong growth in the video game industry.

  • Roblox Stock Price: $68.73 – 2.59 (-3.63%).

The Roblox stock market value closed at $68.73 on Wednesday 7th April 2021 at 4:00 PM EDT.

Here’s for Roblox stock overview!

Market Cap 37.84B
Revenue (ttm) 923.89M
Net Income (ttm) -253.25M
Shares Out 550.54M
EPS (ttm) -0.46
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day April 7
Last Price $68.73
Previous Close $71.32
Change ($) -2.59
Change (%) -3.63%
Day’s Open 70.23
Day’s Range 67.88 – 71.14
Day’s Volume 4,424,785
52-Week Range 60.50 – 79.10

Roblox Stock Estimation

Stock analyst estimates that Roblox’s stock will reach $85 per stock. However, Roblox is a very difficult company to judge as none knows what will happen when the schools reopen and the kids get back to play with their friends in their real-life.

In fact, Roblox’s company primarily relies on kids spending their parents’ money as the game has added a bunch of content for an older audience including meetings and educational experience and also virtual concerts.

From the facts, Roblox is predicting rapid growth in 2021. We think that it’s important to know Roblox’s stock forecast from analyst estimation. Let’s see what the analyst estimates!

Snapshot

    • Average Recommendation: Buy
    • Average Target Price: 77.00
    • Number Of Ratings: 6
    • FY Report Date: 12/2021
    • Last Quarter’s Earnings: 0.32
    • Year Ago Earnings: 0.82
    • Current Quarter’s Estimate: 0.13
    • Current Year’s Estimate: 0.44
    • Median PE on CY Estimate: N/A
    • Next Fiscal Year Estimate: 0.56
    • Median PE on Next FY Estimate: N/A

Stock Price Targets

    • High: $85.00
    • Median: $79.00
    • Low: $60.00
    • Average: $77.00
    • Current Price: $71.32

Fy 2021 Eps Estimate Trends

    • Current: $0.44
    • 1 Month Ago: $0.57
    • 3 Months Ago: N/A

Fy 2022 Eps Estimate Trends

    • Current: $0.56
    • 1 Month Ago: $0.65
    • 3 Months Ago: N/A

Q1 2021 Eps Estimate Trends

    • Current: $0.13
    • 1 Month Ago: $0.15
    • 3 Months Ago: N/A

Q2 2021 Eps Estimate Trends

    • Current: $0.10
    • 1 Month Ago: $0.13
    • 3 Months Ago: N/A

Here’ for yearly number estimation:

2020 2021 2022 2023
High 0.82 0.72 0.92 1.21
Low 0.82 -0.19 -0.19 -0.43
Average 0.82 0.44 0.56 0.71

Here’s for quarterly numbers:

Actuals

Q1 2020 Q2 2020 Q3 2020 Q4 2020
Estimate N/A N/A N/A 0.32
Actual N/A N/A 0.23 0.32
Surprise N/A N/A N/A 0.00

Estimates

Q1 2021 Q2 2021
High 0.22 0.18
Low -0.09 -0.07
Average 0.13 0.10

Analyst Ratings

Buy

    • 3M ago: 0
    • 1M ago: 1
    • Current: 5

Overweight

    • 3M ago: 1
    • 1M ago: 1
    • Current: 1

Hold

    • 3M ago: 0
    • 1M ago: 0
    • Current: 0

Underweight

    • 3M ago: 0
    • 1M ago: 0
    • Current: 0

Sell

    • 3M ago: 0
    • 1M ago: 0
    • Current: 0

How Does an Analyst Estimate the Stock?

Well, the forecast of Roblox stock either near-term and medium-term may be robust. Then, how about the long term for Roblox stock? Can it be predicted?

According to Statista, the revenue in the Online Gaming segment, such as Roblox platform can be expected to show an annual growth rate of 7.36 which produces a projected market volume of $31.3 billion in 2025.

Most companies, especially gaming companies, really experienced a growth of 82% in sales YoY in 2020. As the popularity of online games and content,  surely, the growth is being accelerated by the pandemic of Covid-19. Even though the growth of this magnitude cannot be expected to continue, however, it’s still significant.

Currently, only one analyst, Stifel Nicolaus encompasses the stock including Roblox stock. According to his analysis, the  company has a buy rating and a target price of $85 for stock. This target price really represents a potential upside of 26 percent for the stock which comes from the current market price.

The stock analyst mentioned that the stock as “compelling play on the convergence of content and social.” In the progress of stock analysis, he also noticed the growth in the company’s hours engaged, favorable video game industry, bookings and a significant longer-term chance in China as the positive key.

The point is, Roblox aims for daily active users to grow by more than 60% and revenue to grow by more than 100% for Q1 2021 YoY in its latest outlook. The stock analyst also recently put out a bullish note on Roblox to give it a target price of $85. In addition, Roblox stock is predicted to continue to increase as long as schools are still not open and children are playing games on this platform.

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