During the recent session, Roblox Corporation (NYSE:RBLX)’s traded shares were 1.09 million. At the last check today, the stock’s price was $40.01, reflecting an intraday gain of 1.27% or $0.5. The 52-week high for the RBLX share is $53.88, that puts it down -34.67 from that peak though still a striking 40.31% gain since the share price plummeted to a 52-week low of $23.88. The company’s market capitalization is $25.37B, and the average intraday trading volume over the past 10 days was 8.46 million shares, and the average trade volume was 10.27 million shares over the past three months.

Roblox Corporation (RBLX) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 2.60. RBLX has a Sell rating from 7 analyst(s) out of 28 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 3 suggest Overweight, and 11 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.45.

Roblox Corporation (NYSE:RBLX) trade information

The stock spiked 1.27% in intraday trading to $40.01 this Thursday, 05/25/23, hitting a weekly high. The stock’s 5-day price performance is 0.00%, and it has moved by 12.58% in 30 days. Based on these gigs, the overall price performance for the year is 38.30%. The short interest in Roblox Corporation (NYSE:RBLX) is 21.06 million shares and it means that shorts have 2.15 day(s) to cover.

The consensus price target of analysts on Wall Street is $41.27, which implies an increase of 3.05% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $19.00 and $60.00 respectively. As a result, RBLX is trading at a discount of -49.96% off the target high and 52.51% off the low.

Roblox Corporation (RBLX) estimates and forecasts

Statistics show that Roblox Corporation has underperformed its competitors in share price, compared to the industry in which it operates. Roblox Corporation (RBLX) shares have gone up 25.03% during the last six months, with a year-to-date growth rate less than the industry average at -17.42% against 5.50. Yet analysts are ramping up their growth forecast for the fiscal year 2023. Revenue is predicted to shrink -50.00% this quarter and then jump 8.00% in the quarter after that. In the rating firms’ projections, revenue will increase 18.50% compared to the previous financial year.

Revenue for the current quarter is expected to be $784.58 million as predicted by 16 analyst(s). Meanwhile, a consensus of 17 analyst(s) estimates revenue growth to $824.33 million by the end of Sep 2023. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $639.9 million and $701.72 million respectively. In this case, analysts expect current quarter sales to grow by 22.60% and then jump by 17.50% in the coming quarter.

While earnings are projected to return -85.00% in 2023, the next five years will return 23.63% per annum.

RBLX Dividends

Roblox Corporation is due to release its next quarterly earnings on May 10. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Roblox Corporation (NYSE:RBLX)’s Major holders

Roblox Corporation insiders own 4.30% of total outstanding shares while institutional holders control 74.66%, with the float percentage being 78.01%. Altos Ventures Management Inc. is the largest shareholder of the company, while 806 institutions own stock in it. As of Mar 30, 2023, the company held over 70.89 million shares (or 12.65% of all shares), a total value of $3.19 billion in shares.

The next largest institutional holding, with 36.74 million shares, is of Morgan Stanley’s that is approximately 6.55% of outstanding shares. At the market price on Mar 30, 2023, these shares were valued at $1.65 billion.

Also, the Mutual Funds coming in first place with the largest holdings of Roblox Corporation (RBLX) shares are Vanguard Total Stock Market Index Fund and Vanguard Mid-Cap Index Fund. Data provided on Dec 30, 2022 indicates that Vanguard Total Stock Market Index Fund owns about 10.0 million shares. This amounts to just over 1.79 percent of the company’s overall shares, with a $284.72 million market value. The same data shows that the other fund manager holds slightly less at 7.67 million, or about 1.37% of the stock, which is worth about $218.17 million.