Wall Street is positive on Roblox Corp (RBLX). On average, analysts give Roblox Corp a Buy rating. The average price target is $35.886, which means analysts expect the stock to rise by 22.86% over the next twelve months.
That average ranking earns Roblox Corp an Analyst Rating of 16, which is better than 16% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating RBLX a Buy today. Find out what this means to you and get the rest of the rankings on RBLX!
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Roblox Corp Stock Today?
Roblox Corp (RBLX) stock has risen 0.59% while the S&P 500 has fallen -1% as of 10:34 AM on Thursday, Jan 5. RBLX has gained $0.17 from the previous closing price of $29.04 on volume of 2,597,610 shares. Over the past year the S&P 500 has fallen -18.85% while RBLX has fallen -67.01%. RBLX lost -$1.31 per share the over the last 12 months.
Click Here to get the full Stock Report for Roblox Corp stock.
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