Where Does Wall Street Think Roblox Corp (RBLX) Stock Will Go?

InvestorsObserver is giving Roblox Corp (RBLX) an Analyst Rating Rank of 26, meaning RBLX is ranked higher by analysts than 26% of stocks. The average price target for RBLX is $36.25 and analyst’s rate the stock as a Buy.

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!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Roblox Corp Stock Today?

Roblox Corp (RBLX) stock is higher by 0.51% while the S&P 500 is down -0.13% as of 10:36 AM on Monday, Jul 25. RBLX is up $0.20 from the previous closing price of $39.40 on volume of 5,019,597 shares. Over the past year the S&P 500 has fallen -10.53% while RBLX is down -48.99%. RBLX lost -$0.89 per share the over the last 12 months. Click Here to get the full Stock Report for Roblox Corp stock.