# Roblox Corporation  Share Price Target ‘$48.91’, now 33.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/roblox-corporation-share-price-target-48.91-now-33.8-upside-potential/4121154307
- Published: 2024-05-01T14:12:00+01:00
- Author: Charlotte Edwards

**Roblox Corporation** with ticker code (RBLX) now have 28 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The target price High/Low 
ranges between $65.00 and $29.00 calculating the average target share price we see
$48.91. (at the time of writing). Now with the previous closing price of $36.56 
this is indicating there is a potential upside of 33.8%. There is a 50 day moving
average of $38.35 and the 200 day MA is $36.63. The company has a market cap of 
22.75B. The stock price for the company is currently is currently $35.56 USD

 The potential market cap would be $30,433,505,652 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of $4.54 and
a -13.56% return on assets.

Roblox Corporation is a technology company. The Company operates a human co-experience
platform or Roblox Platform, where users interact with each other to explore and
develop, user-generated and 3D experiences. The Company operates the Roblox Platform
as live services that allow users to play and socialize with others for free. Its
platform is powered by user-generated content that draws inspiration from gaming,
entertainment, social media and even toys. Upon signing up for Roblox, a user personalizes
their Roblox identity, or avatar. Users are then free to immerse themselves in experiences
on Roblox and can acquire experience-specific enhancements or avatar items in the
Company’s avatar marketplace using the virtual currency (Robux). Any user can be
a developer or creator on the Company’s platform using Roblox’s studio of software
tools. Users can purchase Robux, as one-time purchases or through monthly subscriptions
through mobile payments, credit cards, or prepaid cards.

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