Upside case
Bull case
—
The bull case requires both strong earnings delivery and the market pricing RBLX more generously than it does today.
Analysis OverviewBuyUpdated May 1, 2026
Roblox Corporation (RBLX) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
34
analysts
21 bullish · 1 bearish · 34 covering RBLX
Strong Buy
0
Buy
21
Hold
12
Sell
1
Strong Sell
0
Consensus Target
$89
+102.9% vs today
Scenario Range
— – —
Model bear to bull value window
Coverage
34
Published analyst ratings
Valuation Context
—
Forward P/E · Market cap $31.3B
RBLX price targets
Three scenarios for where RBLX stock could go
Current
~$44
Confidence
66 / 100
Updated
May 1, 2026
Market caseClosest to today
Base case
—
The base case reflects analyst consensus expectations — steady delivery without requiring a major catalyst or re-rating.
Stress case
Bear case
—
The bear case reflects a scenario where earnings shortfalls or multiple compression combine to materially reduce the stock from its current level.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Roblox Corporation
RBLX · NYSETechnologyElectronic Gaming & MultimediaDecember year-end
Roblox operates a massive online platform where users create and play immersive 3D experiences—it's essentially a user-generated gaming metaverse. The company makes money primarily through the sale of its virtual currency Robux—which players use for in-experience purchases and avatar items—with additional revenue from advertising and developer exchange fees. Its key competitive advantage is the network effect of its creator ecosystem—millions of developers building content that attracts and retains users, creating a self-reinforcing platform that's difficult to replicate.
Market Cap
$31.3B
Revenue TTM
$5.3B
Net Income TTM
-$1.1B
Net Margin
-20.7%
RBLX Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
83%Exceptional
12 quarters tracked
Revenue Beat Rate
8%Exceptional
vs consensus estimates
Avg EPS Surprise
+11.4%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 3 of 4Q3 2025
EPS
$-0.41/$-0.36
Revenue
$1.1B/$1.3B
Q4 2025
EPS
$-0.37/$-0.49
Revenue
$1.4B/$1.7B
Q1 2026
EPS
$-0.45/$-0.47
Revenue
$2.2B/$2.1B
Q2 2026
EPS
$-0.35/$-0.41
Revenue
$1.7B/$1.7B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $-0.41/$-0.36 | -12.4% | $1.1B/$1.3B | -15.1% |
| Q4 2025 | $-0.37/$-0.49 | +23.8% | $1.4B/$1.7B | -20.4% |
| Q1 2026 | $-0.45/$-0.47 | +3.7% | $2.2B/$2.1B | +6.9% |
| Q2 2026 | $-0.35/$-0.41 | +14.5% | $1.7B/$1.7B | -0.6% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$7.9B
+49.0% YoY
FY2
$9.9B
+25.4% YoY
EPS Outlook
FY1
$-1.75
-13.9% YoY
FY2
$-1.83
-4.6% YoY
Trailing FCF (TTM)$1.6B
FCF Margin: 31.0%
Next Earnings
—
Expected EPS
—
Expected Revenue
—
RBLX beat EPS estimates in 3 of 4 tracked quarters. A strong delivery record supports forward estimate credibility.
RBLX Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Significantly Undervalued
Fair value est. $93 — implies +106.5% from today's price.
Upside to Fair Value
106.5%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
RBLX
-28.4x
vs
S&P 500
25.2x
213% discount
vs Technology Trailing P/E
RBLX
-28.4x
vs
Technology
27.5x
203% discount
vs RBLX 5Y Avg P/E
Today
-28.4x
vs
5Y Average
—
Benchmark unavailable
Forward PE
—
S&P 500
19.1x
—
Technology
21.7x
—
5Y Avg
—
—
Trailing PE
-28.4x
S&P 500
25.2x
-213%
Technology
27.5x
-203%
5Y Avg
—
—
PEG Ratio
—
S&P 500
1.75x
—
Technology
1.47x
—
5Y Avg
—
—
EV/EBITDA
—
S&P 500
15.3x
—
Technology
17.4x
—
5Y Avg
—
—
Price/FCF
23.2x
S&P 500
21.3x
+9%
Technology
19.8x
+17%
5Y Avg
64.4x
-64%
Price/Sales
6.4x
S&P 500
3.1x
+105%
Technology
2.4x
+165%
5Y Avg
13.3x
-52%
Dividend Yield
—
S&P 500
1.88%
—
Technology
1.18%
—
5Y Avg
—
—
| Metric | RBLX | S&P 500 | Technology | 5Y Avg RBLX |
|---|---|---|---|---|
| Forward PE | — | 19.1x | 21.7x | — |
| Trailing PE | -28.4x | 25.2x-213% | 27.5x-203% | — |
| PEG Ratio | — | 1.75x | 1.47x | — |
| EV/EBITDA | — | 15.3x | 17.4x | — |
| Price/FCF | 23.2x | 21.3x | 19.8x+17% | 64.4x-64% |
| Price/Sales | 6.4x | 3.1x+105% | 2.4x+165% | 13.3x-52% |
| Dividend Yield | — | 1.88% | 1.18% | — |
RBLX trades above S&P 500 benchmarks on 1 of 3 measured multiples — is elevated on some multiples, but competitive on others — a mixed valuation picture.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolRBLX Financial Health
Verdict
Stressed
RBLX generates $1.6B in free cash flow at a 31.0% margin.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$5.3B
Revenue Growth
TTM vs prior year
+38.1%
Gross Margin
Gross profit as a share of revenue
78.5%
Operating Margin
Operating income divided by revenue
-24.0%
Net Margin
Net income divided by revenue
-20.7%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$-1.54
Free Cash Flow (TTM)
Cash generation after capex
$1.6B
FCF Margin
FCF as share of revenue — the primary cash quality signal
31.0%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
-87.7%
ROA
Return on assets, trailing twelve months
-12.2%
Cash & Equivalents
Liquid assets on the balance sheet
$1.2B
Net Debt
Total debt minus cash
$431M
Debt Serviceability
Net debt as a multiple of annual free cash flow
0.3× FCF
~0.3 years to full repayment at current FCF run-rate
ROE
Return on equity, trailing twelve months
-289.6%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
0.0%
Dividend
—
Buyback
0.0%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$0
Dividend / Share
Annualized trailing dividend per share
—
Payout Ratio
Share of earnings distributed as dividends
—
Shares Outstanding
Current diluted share count
716M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageRBLX Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 11, 2026
High Risk
Profitability & Cost Structure
Roblox is not yet profitable, consistently reporting significant net losses. The company’s growth model relies on heavy spending on infrastructure, trust and safety, and developer payouts, with increasing developer exchange fees compressing margins. Its high valuation, trading at a premium with a high Price/Book ratio, leaves little room for error if growth slows or costs remain high.
High Risk
Legal & Regulatory Exposure
Roblox faces substantial legal and regulatory scrutiny over child safety, with lawsuits alleging inadequate safety protocols that could expose predators. Potential fines, settlements, and increased compliance costs, coupled with bans in several countries, pose significant financial and reputational risks.
High Risk
Platform Safety & Moderation
Safety concerns for its young user base persist, with controversies over content moderation and backlash from banning users exposing predators. A significant portion of users are under 13, and heightened safety worries could lead parents to limit their children’s exposure, potentially reducing engagement and revenue.
Medium
User Metrics Accuracy
The accuracy of key metrics such as daily active users (DAUs) and engagement hours is critical; allegations of inflated figures could erode investor confidence. Misstated metrics may harm the company’s reputation and negatively impact its stock price.
Medium
Competitive & Macro Risks
Roblox operates in a highly competitive, rapidly evolving environment and faces macroeconomic headwinds such as high interest rates and the underperformance of growth stocks, which can dampen investor sentiment and affect growth prospects.
Lower
Voting Power Concentration
Founder and CEO David Baszucki, along with affiliates, holds a substantial percentage of voting power through Class B common stock, potentially allowing them to influence decisions requiring shareholder approval.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why RBLX Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 11, 2026
Rapid User Growth & Engagement
Roblox’s daily active users hit 144 million in early 2026, a 69 % year‑over‑year jump, while engagement hours climbed 88 % to 35 billion. This sustained user expansion underpins the platform’s value proposition.
Expanding Creator Economy
Creator payouts rose to $923 million in 2024, up 25 % from the prior year, fueling continuous content creation and reinforcing user retention.
High‑Growth Monetization Outlook
Analysts project earnings growth of 20.3 % to 34.6 % annually, driven by new revenue streams such as advertising partnerships and a larger share of the global gaming market.
AI‑Powered Development Efficiency
AI‑assisted scripting tools reportedly cut development time by up to 35 %, enhancing creator efficiency and expanding platform capabilities.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
RBLX Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$43.77
52W Range Position
2%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$41.75
+4.8% from the low
52-Week High
$150.59
-70.9% from the high
1 Month
-23.49%
3 Month
-34.10%
YTD
-45.9%
1 Year
-38.2%
3Y CAGR
+6.5%
5Y CAGR
-7.6%
10Y CAGR
-4.5%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
RBLX vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
—
vs 21.8x median
Peer median unavailable
Revenue Growth
+49.0%
vs +5.8% median
+745% above peer median
Net Margin
-20.7%
vs -7.5% median
-176% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
RBL RBLX Roblox Corporation | $31.3B | — | +49.0% | -20.7% | Buy | +102.9% |
U U Unity Software Inc. | $11.9B | — | +10.3% | -21.8% | Buy | +29.4% |
TTW TTWO Take-Two Interactive Software, Inc. | $46.4B | 56.9x | +5.8% | -60.4% | Buy | +31.2% |
EA EA Electronic Arts Inc. | $50.2B | 23.4x | +4.1% | 11.8% | Hold | -14.0% |
PLT PLTK Playtika Holding Corp. | $1.3B | 7.2x | +4.4% | -7.5% | Hold | +5.0% |
MET META Meta Platforms, Inc. | $1.55T | 20.2x | +16.1% | 32.8% | Buy | +34.1% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
FAQ
7 questionsRBLX Investor Questions
Common questions answered from live analyst data and company financials.
01Is Roblox Corporation (RBLX) stock a buy or sell in 2026?
Roblox Corporation (RBLX) is rated Buy by Wall Street analysts as of 2026. Of 34 analysts covering the stock, 21 rate it Buy or Strong Buy, 12 rate it Hold, and 1 rate it Sell or Strong Sell. The consensus 12-month price target is $89, implying +102.9% from the current price of $44.
02What is the RBLX stock price target for 2026?
The Wall Street consensus price target for RBLX is $89 based on 34 analyst estimates. The high-end target is $141 (+222.1% from today), and the low-end target is $46 (+5.1%).
03Is Roblox Corporation (RBLX) stock overvalued in 2026?
Forward earnings data for RBLX is not currently available. Review the valuation table above for trailing P/E, EV/EBITDA, and price-to-sales comparisons against market and sector benchmarks.
04What are the main risks for Roblox Corporation (RBLX) stock in 2026?
The primary risks for RBLX in 2026 are: (1) Profitability & Cost Structure — Roblox is not yet profitable, consistently reporting significant net losses. (2) Legal & Regulatory Exposure — Roblox faces substantial legal and regulatory scrutiny over child safety, with lawsuits alleging inadequate safety protocols that could expose predators. (3) Platform Safety & Moderation — Safety concerns for its young user base persist, with controversies over content moderation and backlash from banning users exposing predators. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Roblox Corporation's revenue and earnings forecast?
Analyst consensus estimates RBLX will report consensus revenue of $7.9B (+49.0% year-over-year) and EPS of $-1.75 (-13.9% year-over-year) for the upcoming fiscal year. The following year, analysts project $9.9B in revenue.
06When does Roblox Corporation (RBLX) report its next earnings?
A confirmed upcoming earnings date for RBLX is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
07How much free cash flow does Roblox Corporation generate?
Roblox Corporation (RBLX) generated $1.6B in free cash flow over the trailing twelve months — a free cash flow margin of 31.0%. RBLX returns capital to shareholders through and share repurchases ($0 TTM).