As an online game which is rapidly growing, sure, the Roblox stock can be predicted accurately for the next few years, right? This is because Roblox’s innovative business model in this time really fits perfectly with current trends and must grow rapidly to take advantage of growth in this market segment.
In fact, Roblox stock is ever falling down in March. It may be caused by investors who continued to bid higher stock prices and Roblox reached a high of $77 on March 16, 2021. With the fall of these shares, shareholders were worried because since then Roblox’s shares have decreased by almost 13%. In this case the investor will probably reassess the valuation of a rich stock.
Even now, those stocks are trading at around 50% higher than its IPO price. Of course, the future decline in stock price cannot be taken lightly as the initial enthusiasm for the stock getting fades.
Stock Price Prediction for Roblox
Roblox stock was listed on the NYSE on March 10under the ticker symbol “RBLX”. This gaming platform finally picked up the plunge once putting off its IPO in 2020. Then, Roblox performed for a direct listing amid increasing SPAC-mania.
Of course, investors are very optimistic about the IPO as the stock opens at $ 64.50 per stock, which is much higher than the $ 45 per stock valuation it held in a private financing round in January 2021. Then, how about Roblox’s stock price forecast in 2025?
According to NYSE: RBLX, here’s for the analysis of Roblox stock forecast
- Data as of April 06, 2021: 71.26
- Today’s Charge: +0.49/ +0.69%
You can see the picture for Roblox’s stock forecast where the six analyst who offer 12-month price forecasts for Roblox Corp have a median target of 79.00 with a high estimate of 85.00 and a low estimate of 60.00. While, for median estimate, it represents a +10.88% increase from the last price of 71.15.
The second picture shows the current consensus among 6 polled investment analysts is to buy stock in Roblox Corp. This rating has remained stable since April, when it was unchanged from the buy rating.
Here’s for Roblox’s earnings and sales forecasts
The Roblox’s earnings and sales prediction is according to NYSE: RBLX.
- Earnings per Share:$0.13
- Sales: $494.4M
- Reporting Date: TBD
Earning per Share
Here’s for Roblox’s shareholders information!
|Name||Type||Date||Shares traded||Share price||Transaction value||Since Transaction|
|Meritech Capital Partners||Sale||3/10/2021||1,736,426||$64.50||$112.0M||+2.62%|
|Meritech Capital Partners||Sale||3/10/2021||866,784||$73.02||$63.3M||+2.62%|
|Meritech Capital Partners||Sale||3/10/2021||868,213||$69.04||$59.9M||+2.62%|
|Meritech Capital Partners||Sale||3/10/2021||881,382||$64.50||$56.8M||+2.62%|
|Meritech Capital Partners||Sale||3/10/2021||439,966||$73.02||$32.1M||+2.62%|
|Meritech Capital Partners||Sale||3/10/2021||440,691||$69.04||$30.4M||+2.62%|
|Reinstra Mark L||Sale||3/10/2021||125,000||$64.50||$8.1M||+2.62%|
|Meritech Capital Partners||Sale||3/10/2021||76,266||$64.50||$4.9M||+2.62%|
|Reinstra Mark L||Sale||3/10/2021||40,000||$70.60||$2.8M||-1.15%|
|Meritech Capital Partners||Sale||3/10/2021||38,070||$73.02||$2.8M||+2.62%|
|Meritech Capital Partners||Sale||3/10/2021||38,133||$69.04||$2.6M||+2.62%|
|Reinstra Mark L||Sale||3/10/2021||25,000||$68.00||$1.7M||+2.62%|
|Reinstra Mark L||Buy||3/10/2021||150,000||$3.40||$510.0K||+2.62%|
|Reinstra Mark L||Buy||3/05/2021||58,736||$3.40||$199.7K||+2.62%|
|Reinstra Mark L||Buy||3/15/2021||40,000||$3.40||$136.0K||-1.15%|
|Meritech Capital Partners||Sale||3/10/2021||1,429||$74.04||$105.8K||+2.62%|
|Meritech Capital Partners||Sale||3/10/2021||725||$74.04||$53.7K||+2.62%|
|Meritech Capital Partners||Sale||3/10/2021||63||$74.04||$4.7K||+2.62%|
|Baszucki David B||Sale||3/22/2021||2,000,000||$0.00||$0.00||+1.89%|
Well, if you want to see the analysis of Roblox’s stock price forecast, you can access this link. https://money.cnn.com/quote/forecast/forecast.html?symb=RBLX
How Does an Analyst Predict Roblox’s Stock Price?
Recently, only one analyst named Stifel Nicolaus covers the stock. In 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.
In fact, 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.
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?
Most companies, especially digital 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.
According to Statista, the revenue in the Online Gaming segment is expected to show an annual growth rate of 7.36 which produces a projected market volume of $31.3 billion in 2025.
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.