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 Jun 18, 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
37
analysts
19 bullish · 1 bearish · 37 covering RBLX
Strong Buy
0
Buy
19
Hold
17
Sell
1
Strong Sell
0
Consensus Target
$85
+65.2% vs today
Scenario Range
— – —
Model bear to bull value window
Coverage
37
Published analyst ratings
Valuation Context
—
Forward P/E · Market cap $36.9B
RBLX price targets
Three scenarios for where RBLX stock could go
Current
~$52
Confidence
63 / 100
Updated
Jun 18, 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
$36.9B
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
$7.2B
+35.0% YoY
FY2
$8.9B
+24.8% YoY
EPS Outlook
FY1
$-1.75
-13.5% YoY
FY2
$-1.86
-6.3% YoY
Trailing FCF (TTM)$1.6B
FCF Margin: 31.0%
Next Earnings
July 30, 2026
Expected EPS
$-0.34
Expected Revenue
$1.6B
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
Limited: Fair versus peers
Fair value est. $53 — implies +1.9% from today's price.
Upside to Fair Value
1.9%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
RBLX
-33.5x
vs
S&P 500
24.4x
237% discount
vs Technology Trailing P/E
RBLX
-33.5x
vs
Technology
29.0x
215% discount
vs RBLX 5Y Avg P/E
Today
-33.5x
vs
5Y Average
—
Benchmark unavailable
Forward PE
—
S&P 500
18.8x
—
Technology
22.3x
—
5Y Avg
—
—
Trailing PE
-33.5x
S&P 500
24.4x
-237%
Technology
29.0x
-215%
5Y Avg
—
—
PEG Ratio
—
S&P 500
1.66x
—
Technology
1.51x
—
5Y Avg
—
—
EV/EBITDA
—
S&P 500
15.2x
—
Technology
16.6x
—
5Y Avg
—
—
Price/FCF
27.3x
S&P 500
20.7x
+32%
Technology
19.2x
+42%
5Y Avg
64.4x
-58%
Price/Sales
7.5x
S&P 500
3.1x
+144%
Technology
2.4x
+209%
5Y Avg
13.3x
-43%
Dividend Yield
—
S&P 500
1.91%
—
Technology
1.11%
—
5Y Avg
—
—
| Metric | RBLX | S&P 500 | Technology | 5Y Avg RBLX |
|---|---|---|---|---|
| Forward PE | — | 18.8x | 22.3x | — |
| Trailing PE | -33.5x | 24.4x-237% | 29.0x-215% | — |
| PEG Ratio | — | 1.66x | 1.51x | — |
| EV/EBITDA | — | 15.2x | 16.6x | — |
| Price/FCF | 27.3x | 20.7x+32% | 19.2x+42% | 64.4x-58% |
| Price/Sales | 7.5x | 3.1x+144% | 2.4x+209% | 13.3x-43% |
| Dividend Yield | — | 1.91% | 1.11% | — |
RBLX trades above S&P 500 benchmarks on 2 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 June 18, 2026
High Risk
Negative EPS Projection
Roblox Corporation's projected EPS for the next fiscal year is $-1.68, indicating continued losses and potential financial strain.
Medium
Caution Score
Roblox earns a 43% Caution Score based on AI analysis of fundamental data, suggesting underlying risks in its financial health.
Medium
Valuation Concerns
Despite a consensus price target of $85.12, the stock trades at $49.35, reflecting skepticism about achieving projected upside.
Lower
Market Sentiment
AI models forecast a 2026 price target of $64.81 (+30.8%), but bull/bear scenarios indicate uncertainty in growth trajectory.
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 June 18, 2026
Immersive platform growth
Roblox operates a leading immersive platform for connection and communication globally, with a strong user base and diverse experiences.
Strong revenue growth
Roblox has demonstrated robust Q1 revenue growth, indicating healthy demand and monetization potential.
Record free cash flow
The company has achieved record free cash flow, highlighting improved financial efficiency and sustainability.
Expanding creator economy
Rising creator income and expanding monetization levers reinforce Roblox's position as a thriving digital economy.
Popular content ecosystem
Roblox hosts a variety of popular games and experiences, driving engagement and retention among millions of users.
Global market potential
Roblox operates internationally, with significant opportunities for further expansion and user acquisition worldwide.
Innovative monetization levers
The platform continues to develop new ways to monetize its user base, enhancing revenue streams.
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
$51.53
52W Range Position
10%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$40.15
+28.3% from the low
52-Week High
$150.59
-65.8% from the high
1 Month
+9.73%
3 Month
-11.56%
YTD
-36.3%
1 Year
-49.8%
3Y CAGR
+7.3%
5Y CAGR
-8.7%
10Y CAGR
-2.9%
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 20.5x median
Peer median unavailable
Revenue Growth
+35.0%
vs +12.5% median
+180% above peer median
Net Margin
-20.7%
vs -4.5% median
-362% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
RBL RBLX Roblox Corporation | $36.9B | — | +35.0% | -20.7% | Buy | +65.2% |
U U Unity Software Inc. | $12.0B | — | +12.5% | -35.0% | Buy | +24.0% |
TTW TTWO Take-Two Interactive Software, Inc. | $44.4B | 35.6x | +22.2% | -4.5% | Buy | +20.1% |
EA EA Electronic Arts Inc. | $50.6B | 23.5x | +6.7% | 11.8% | Hold | -14.6% |
PLT PLTK Playtika Holding Corp. | $1.3B | 8.1x | +6.0% | -10.5% | Hold | +0.3% |
MET META Meta Platforms, Inc. | $1.46T | 17.5x | +16.0% | 32.8% | Buy | +43.1% |
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 37 analysts covering the stock, 19 rate it Buy or Strong Buy, 17 rate it Hold, and 1 rate it Sell or Strong Sell. The consensus 12-month price target is $85, implying +65.2% from the current price of $52.
02What is the RBLX stock price target for 2026?
The Wall Street consensus price target for RBLX is $85 based on 37 analyst estimates. The high-end target is $141 (+173.6% from today), and the low-end target is $45 (-12.7%).
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) Negative EPS Projection — Roblox Corporation's projected EPS for the next fiscal year is $-1. (2) Caution Score — Roblox earns a 43% Caution Score based on AI analysis of fundamental data, suggesting underlying risks in its financial health. (3) Valuation Concerns — Despite a consensus price target of $85. 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 $7.2B (+35.0% year-over-year) and EPS of $-1.75 (-13.5% year-over-year) for the upcoming fiscal year. The following year, analysts project $8.9B in revenue.
06When does Roblox Corporation (RBLX) report its next earnings?
Roblox Corporation is expected to report its next earnings on approximately 2026-07-30. Consensus expects EPS of $-0.34 and revenue of $1.6B. Over recent quarters, RBLX has beaten EPS estimates 83% of the time.
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).