Roblox Corp (RBLX) Stock Price Prediction and Forecast 2023, 2025, 2030, 2040, 2050
RBLX Growth Patterns: What the Numbers Indicate for 2023, 2025, 2030 and Beyond?
About Roblox Corporation
Roblox Corporation, headquartered in San Mateo, California, stands as a testament to the vision of its founders, David Baszucki and Erik Cassel. Initiated in 2004, this American video game developer introduced the gaming community to Roblox in 2006. Their legacy traces back to 1989, when Baszucki co-founded Knowledge Revolution, an educational software enterprise. This firm, later procured by MSC Software for a whopping US$20 million in 1998, became a launchpad for Baszucki and Cassel’s subsequent ventures.
Initial Developments & Name Evolution
The dynamic duo started their journey in a modest office in Menlo Park, California. Here, they sowed the seeds for a video game named ‘DynaBlocks’. By 2005, this beta-version game underwent a rebranding, emerging as the now-renowned ‘Roblox’. The official debut of Roblox was on September 1, 2006.
Tributes & Team Expansion
Tragically, the Roblox community faced a significant loss when co-founder Erik Cassel succumbed to cancer in 2013. Nevertheless, the company continued to flourish. From a team of 68 in 2013, the company swelled to 163 members by 2016. Their growth trajectory continued with major funding of $82 million in 2017, led by reputed firms like Meritech Capital Partners and Index Ventures.
Global Reach & Technological Advancements
2018 was marked by Roblox’s ambition to expand its horizons. Establishing Roblox International and partnering with giants like Tencent, Roblox unveiled its platform in languages like Chinese, German, and French. Technological enhancements were also in the pipeline, with the hiring of Dan Williams from Dropbox to transition Roblox to its cloud computing service. A notable acquisition that year was PacketZoom, emphasizing the company’s commitment to mobile network optimization.
Financial Milestones & Public Listing
2020 saw Roblox Corporation basking in a valuation of $4 billion, thanks to a funding round led by Andreessen Horowitz. October of that year witnessed the company contemplating a transformative step – becoming a public entity. With intentions to get listed on the New York Stock Exchange (NYSE) under the ticker “RBLX”, the company filed for an IPO. By early 2021, the company opted for a direct listing, achieving a staggering valuation of $41.9 billion in March.
Recent Acquisitions
Roblox’s journey is characterized by its strategic acquisitions, like the 3D avatar-creating Loom.ai in 2020. 2021 further saw the addition of online communication platforms, Bash Video and Guilded, with an investment of $90 million.
As of the end of 2022, Roblox Corporation has surpassed many of its contemporaries, employing over 2,100 individuals dedicated to maintaining its legacy and pushing the boundaries of online gaming.
Roblox Corporation (RBLX) Historical Performance
IPO Date
Roblox Corporation (NYSE:RBLX) went public on 10 March, 2021.
Change
Since inception, RBLX has fallen from $126.10 to $51.72, a massive -58.98% decrease since 2021.
Historical Highs and Lows
In the past 3 years, the stock reached a high of $126.10 and a low of $28.29.
52 Week Range
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RBLX Stock Price History
Based on RBLX stock's historical price data, this table shows how the stock has performed in the last 3 years. Since 2021, the RBLX stock has fallen from $28.46 - $65.86 to $33.62 - $51.72, which is down -54.81%. Currently, the stock follows downward trend.
Here, we have calculated stock range of RBLX, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
| Year | Stock Price | Avg Price | Change% | Year Change |
|---|---|---|---|---|
| 2022 | $28.46 - $65.86 | $40.0 | -55.34 | 1 Year Change |
| 2023 | $28.29 - $45.72 | $37.49 | -58.15 | 2 Year Change |
| 2024 | $33.62 - $51.72 | $40.48 | -54.81 | 3 Year Change |
RBLX Price Performance
6-Month Performance
RBLX stock jumped by 53.84% in the last six months.
1-Year Performance
The stock has trended upwards by 31.57% in the past year.
3-Year Performance
In the last 3 years, the stock has plummeted by 58.98%.
5-Year Performance
In the last 5 years, the stock has gone down by 30.62%.
According to Roblox Corporation's historical data, below graph gives us the exact picture of how the RBLX stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 1 year and a decline in 1 year.
2022
72.41% ↓
2023
60.65% ↑
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
Roblox Corporation (RBLX) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $893.54 M (Q2)
Revenue for Q2 ending 30th June, 2024 increased 11.51% compared to Q1 ending 31st March, 2024.
Annual Revenue: $3.16 B (1Y)
Revenue for trailing 12 months increased 12.82% year over year from 31st December, 2023.
Market Capitalization
Roblox Corporation has a market capitalization of $33.94B, which places RBLX in the large-cap category.
Fundamental Analysis
EPS: $-0.32 (Q2), $-1.87 (1Y)
EPS decreased 25.58% since last quarter, and increased 20.65% since last year.
Net Income: $-205.88 M (Q2), $-1.15 B (1Y)
Net Income decreased 23.92% since last quarter, and increased 24.62% since last year.
Free Cash Flow: $111.58 M (Q2), $124.01 M (1Y)
Free Cash Flow decreased 41.60% since last quarter, and decreased 312.47% since last year.
Net Profit Margin: -23.04% (Q2), -36.48% (1Y)
Net Profit Margin decreased 31.77% since last quarter, and increased 10.46% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for RBLX stock. These indicators help you understand Roblox Corporation's financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for RBLX stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
| Technical Indicators | Value |
|---|---|
| SMA20 | $41.89 |
| SMA50 | $43.51 |
| SMA200 | $39.49 |
| RSI | 83.47 |
| Beta | 1.60 |
SMA20 < Current Price
This signals RBLX stock is in short-term bullish momentum.
SMA50 < Current Price
This signals RBLX stock is in mid-term bullish momentum.
SMA200 < Current Price
This signals RBLX stock is in long-term bullish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for RBLX stock is Bullish. Out of all indicators, 5 indicates bullish signals, 4 signals bearish trends and 0 gives neutral trends. The RBLX stock forecast was last updated on 04 December, 2024.
Roblox Corporation (RBLX) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to rise to $58.87 by the end of 2024, and can reach around $42.73 to $54.75 in 2025. And, the long-term forecast suggests that the stock may further drop to $59.43 - $47.55 in 2027, and $47.63 - $32.61 by 2030. So, the RBLX stock shows a strong upward trend in the next several years.
Short-term RBLX Stock Price Prediction & Forecast
| Date | Forecasted Price | Change% |
|---|---|---|
| 2024-11 | $51.72 | 0.0% |
| 2024-12 | $58.87 | 13.82% |
In 2024, the RBLX stock price is expected to fluctuate between $51.72 and $58.87. According to the monthly forecast, the stock could rise to $58.87 by December 2024. If compared to the RBLX's current price, the stock could gain 13.82% by the end of this year.
Long-term RBLX Stock Price Prediction & Forecast
| Year | Year Start | Year Mid | Year End | Change% |
|---|---|---|---|---|
| 2025 | $42.73 | $38.65 | $54.75 | 5.86% |
| 2026 | $42.49 | $43.97 | $36.67 | -29.1% |
| 2027 | $59.43 | $58.72 | $47.55 | -8.06% |
| 2028 | $45.77 | $48.29 | $38.14 | -26.26% |
| 2029 | $41.16 | $39.51 | $46.41 | -10.27% |
| 2030 | $47.63 | $62.57 | $32.61 | -36.95% |
| 2031 | $53.45 | $52.71 | $49.68 | -3.94% |
| 2032 | $53.70 | $40.50 | $48.18 | -6.84% |
| 2033 | $74.26 | $57.83 | $57.19 | 10.58% |
| 2034 | $72.89 | $59.83 | $65.81 | 27.24% |
| 2035 | $54.32 | $67.42 | $69.37 | 34.13% |
| 2036 | $59.63 | $58.93 | $78.27 | 51.33% |
| 2037 | $73.47 | $66.22 | $72.70 | 40.56% |
| 2038 | $75.75 | $67.17 | $60.62 | 17.21% |
| 2039 | $56.78 | $89.28 | $68.41 | 32.27% |
| 2040 | $79.71 | $85.00 | $73.32 | 41.76% |
| 2041 | $63.88 | $58.92 | $74.44 | 43.93% |
| 2042 | $68.17 | $69.87 | $65.13 | 25.93% |
| 2043 | $88.19 | $84.05 | $92.98 | 79.78% |
| 2044 | $74.05 | $81.56 | $75.32 | 45.63% |
| 2045 | $87.54 | $89.19 | $100.03 | 93.41% |
| 2046 | $83.11 | $92.82 | $85.10 | 64.54% |
| 2047 | $99.76 | $96.24 | $76.21 | 47.35% |
| 2048 | $59.48 | $78.36 | $72.65 | 40.47% |
| 2049 | $96.34 | $96.28 | $104.18 | 101.43% |
| 2050 | $78.46 | $69.66 | $100.24 | 93.81% |
Roblox Corporation (RBLX) Stock Price Prediction & Forecast 2024 - 2025
At the start of 2024, the RBLX stock was at $38.81. Today, it is trading at $51.72, which is 33.26% increase from price at the beginning of the year. By the end of this year, you can expect the stock to reach to $58.87 by December 2024 with a 13.82% change.
In early 2025, the RBLX price is expected to climb from $58.87 to $42.73, a change of -17.38% from the current price. By mid-2025, the stock may move down by -9.55% on $38.65 and end the year at $54.75, which is 5.87% compared to today's price.
Roblox Corporation (RBLX) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant depreciation in the RBLX stock. During this period, the RBLX's price is forecasted to shift from $42.49 to $32.61, which is -23.25% loss.
In 2026, the stock would possibly open at $42.49, escalates to $43.97 by mid-year, and wraps up at $36.67, reflecting a decrease from today's price. Further moving to 2030, the stock can kick off the year at $47.63, soar to $62.57 by mid-year, and finish at $32.61, which is -36.96% change from current price.
Roblox Corporation (RBLX) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $53.45 to $73.32, which is up -3.94%
In 2031, we can expect RBLX to fluctuate between $49.68 and $53.45, a shift indicating a -3.94% loss by year-end compared to current price. And Until 2040, RBLX can likely vary from $73.32 to $79.71. By the end of 2040, the stock could record a 41.77% rise from today's stock price.
Roblox Corporation (RBLX) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the RBLX stock can see an an upturn from $63.88 to $100.24 in this period. In 2041, the stock can experience a low of $58.92 by mid-year, closing the year at $74.44. This results in a 13.91% increase from today.
Moving towards the end of 2050, RBLX is projected to open the year at $78.46. The stock may dip to $69.66 during mid-year and finish the year at $100.24. Compared to the stock's current price, this translates to an overall gain of 93.80% by 2050.
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RBLX : Buy, Sell Or Hold?
Analyst Ratings
Sorry, No analyst ratings available for this stock.
Expert Analysis
According to RBLX short-term and long-term forecast, Roblox Corporation shares are projected to go up by 93.81%, and reach a value of $100.24 per share by 2050.
As per technical analysis, indicators show a Bullish sentiment, while Fear & Greed Index stands at 85.71428571428571, which signals Greed. Also, RBLX has recorded 12/30 green days, which reflects a 52.17391304347826% positivity rate with a price volatility of 0.04%.
Plus, Price-to-Earnings (P/E) ratio of 0 suggests that RBLX stock is undervalued. So, Based on RBLX prediction and analysis, it may be the best time to buy RBLX stock right now.
Roblox Corporation (RBLX) FAQs
Is it the right time to buy Roblox stock?
Based on fundamental analysis, Roblox’s financial metrics show challenges in profitability and operating performance. But, from a technical standpoint, the stock trading below both the 50-Day and 200-Day Moving Averages, combined with an RSI of 24.81 (indicating oversold conditions), suggests potential for an upward correction. So, it might be a favorable time to consider buying Roblox stock.
What is Roblox Stock Price Prediction for next 5 years?
Roblox stock price is projected to experience steady growth over the next five years, with predictions indicating a potential rise from its current position to approximately $76 by 2028.
What is Roblox Stock Price Prediction for next 10 years?
Over the next 10 years, Roblox’s stock price is forecasted to see a continuous ascent, potentially reaching around $169.50 by 2032.
Disclaimer: Stock predictions, forecasts and price targets provided for "RBLX” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.