Roblox, a name that echoes profoundly, particularly among the younger gaming aficionados. But beyond its virtual realms, the company’s stock value is a topic of much interest to investors. This is why Roblox (RBLX) stock price prediction for 2023, 2025, 2030, 2040, and 2050 are essential pointers to observe.
The gaming industry has been in a continual state of evolution, with innovations and player demands driving its growth and Roblox holds a significant position within this expansive market. But how does this translate to its stock performance in the coming decades?
Over the course of this article, we’ll delve into the factors that might influence the Roblox stock, evaluate its potential trajectory, and explore what the numbers might look like in the coming years. Whether you’re an ardent investor or someone planning to dip their toes into the stock market, understanding the Roblox (RBLX) stock forecast for 2023, 2025, 2030, 2040, and 2050 can provide valuable insights for your financial journey.
Overview of Roblox Corp (RBLX)
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.
Historical Performance of RBLX Stock
Roblox’s stock has witnessed considerable fluctuations since its debut in the stock market. The company’s stock reached an impressive 52-week high of $51.15, showcasing the potential and confidence investors had in Roblox’s business model and future prospects.
However, as of the latest data, the stock price stands at a more modest $29.45. This represents a decline of 42.42% from its 52-week high. Such a significant drop within a year indicates external market pressures, internal challenges, or a combination of both.
Over the past year, the stock has seen a price decrease of 42.27%. This year-long trend suggests that the challenges faced by Roblox weren’t just momentary blips but rather sustained issues or perceptions that affected its stock value.
In a shorter timeframe, the last six months, the stock declined by 2.99%. While this is a smaller decline compared to the annual drop, it still indicates that the company hasn’t fully rebounded or found a stable footing in recent months.
Recent data further underscores the stock’s volatility. The 30-day price change indicates a decrease of 27.67%, and the 5-day price change is -19.08%.
RBLX Stock Price History
Here’s a table showcasing the monthly price history of Roblox (RBLX) stock from March 2022 to March 2023.
| Date | Open | High | Low | Close* | Volume |
|---|---|---|---|---|---|
| Aug 01, 2023 | 38.90 | 39.49 | 36.60 | 37.74 | 49,276,100 |
| Jul 01, 2023 | 40.32 | 46.25 | 37.61 | 39.25 | 175,761,400 |
| Jun 01, 2023 | 41.62 | 42.99 | 37.19 | 40.30 | 193,719,400 |
| May 01, 2023 | 35.51 | 42.68 | 33.70 | 41.86 | 204,202,300 |
| Apr 01, 2023 | 44.45 | 47.65 | 34.52 | 35.60 | 196,180,800 |
| Mar 01, 2023 | 37.27 | 45.49 | 36.51 | 44.98 | 250,909,800 |
| Feb 01, 2023 | 37.08 | 46.05 | 33.68 | 36.64 | 274,046,500 |
| Jan 01, 2023 | 28.91 | 38.30 | 27.24 | 37.21 | 266,385,700 |
| Dec 01, 2022 | 32.13 | 35.37 | 25.32 | 28.46 | 293,007,300 |
| Nov 01, 2022 | 45.51 | 46.94 | 29.46 | 31.77 | 324,761,500 |
| Oct 01, 2022 | 34.89 | 47.67 | 33.20 | 44.74 | 427,394,000 |
| Sep 01, 2022 | 38.58 | 47.05 | 33.56 | 35.84 | 403,788,500 |
Roblox (RBLX) Current Stock Analysis
Roblox’s stock price stands at $29.45. Over the past year, the stock has seen a price decrease of 42.27%. In the last six months, the stock has declined by 2.99%. The recent 30-day price change indicates a decrease of 27.67%, and the 5-day price change is -19.08%. The company’s market capitalization is approximately $23.05 billion.
Analyzing its current market position requires a deep dive into both its fundamental and technical aspects.
Fundamental Analysis of Roblox
The fundamental analysis provides a comprehensive view of Roblox’s financial health, performance, and valuation.
Earnings: Roblox reported an earnings per share (EPS) of -$1.73. The forward EPS estimate stands at -$1.66.
Revenue: The company’s revenue for the last 12 months is approximately $2.34 billion, with a quarterly revenue growth (YoY) of 22.0%. The gross profit for the same period is $364.46 million.
Financial Stability: Roblox’s EBITDA is -$909.02 million, indicating challenges in its operating performance. The operating margin is -45.32%, and the profit margin is -44.06%.
Valuation Metrics: The Price-to-Book (P/B) ratio for Roblox is 46.98, and the Price-to-Sales ratio (P/S) is 7.57. The Enterprise-Value-to-Revenue multiple is 8.29.
Ownership: Roblox is 4.29% owned by insiders and 73.85% owned by institutions.
Technical Analysis of Roblox Stock
Technical analysis provides insights into the stock’s price trends, momentum, and potential future movements.
Price Trends: Roblox’s stock reached a 52-week high of $51.15. The current price of $29.45 reflects a decline from this high, indicating potential external market pressures or internal challenges.
Moving Averages: Roblox’s stock performance can be gauged using key moving averages. The 50-Day Moving Average for Roblox is $40.20, indicating a recent downward trend as the current price stands below this average. The longer-term 200-Day Moving Average is $38.11, and with the stock currently trading below this average as well, it suggests a sustained bearish sentiment over the past several months.
RSI: The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 typically indicates that a stock may be overbought, while an RSI below 30 suggests it may be oversold. The current RSI for Roblox stands at 24.81, suggesting that the stock might be in the oversold territory, which could indicate a potential upward movement in the near future.
Roblox Stock Price Prediction & Forecast
Roblox, With its unique business model and a vast user base, has potential for growth. Let’s delve into the stock price predictions for the upcoming years based on the historical data and current market analysis.
| Year | Mid-Year | Year-End | % Change |
|---|---|---|---|
| 2023 | $29.60 | $38.15 | +29.45% |
| 2024 | $39.40 | $45.10 | +52.97% |
| 2025 | $46.75 | $53.10 | +80.14% |
| 2026 | $54.80 | $62.65 | +112.76% |
| 2027 | $64.50 | $74.10 | +151.12% |
| 2028 | $76.00 | $87.35 | +196.15% |
| 2029 | $89.40 | $103.30 | +249.91% |
Roblox (RBLX) Stock Price Prediction & Forecast 2024
By mid-2024, Roblox’s stock price is projected to reach approximately $39.40. By the year’s end, it’s expected to climb further to $45.10. This represents a growth of 52.97% from the current price of $29.46.
Roblox (RBLX) Stock Price Prediction & Forecast 2025
The year 2025 seems promising for Roblox investors. The stock is forecasted to hit a mid-year price of $46.75 and rise to $53.10 by the end of the year. This would mean an impressive growth rate of 80.14% from the current stock price.
Roblox (RBLX) Stock Price Prediction & Forecast 2026
Moving forward to 2026, the growth trajectory for Roblox’s stock continues to look positive. The stock is anticipated to reach a mid-year price of $54.80 and close the year at a robust $62.65. This translates to a growth of 112.76% from the current price.
Roblox (RBLX) Stock Price Prediction & Forecast 2027
As we venture into 2027, Roblox’s stock shows no signs of slowing down. The mid-year prediction stands at an impressive $64.50, with the year-end price expected to soar to $74.10. This indicates a growth of 151.12% from the base price of $29.46. The company’s potential forays into new markets, coupled with technological advancements in the gaming sector, might be significant contributors to this upward trajectory.
Roblox (RBLX) Stock Price Prediction & Forecast 2028
By 2028, the forecast suggests that Roblox’s stock will continue its upward trend. The mid-year stock price is projected to be around $76.00, and by the close of the year, it could reach a notable $87.35. This represents a growth of 196.15% from the current stock price.
Roblox (RBLX) Stock Price Prediction & Forecast 2029
Approaching the end of the decade, 2029 holds promise for Roblox shareholders. The stock is anticipated to hit a mid-year price of $89.40 and further escalate to $103.30 by year’s end. This translates to a remarkable growth rate of 249.91% from the base price.
| Year | Mid-Year | Year-End | % Change |
|---|---|---|---|
| 2030 | $106.60 | $121.80 | +313.53% |
| 2031 | $124.50 | $143.50 | +386.76% |
| 2032 | $148.00 | $169.50 | +475.11% |
| 2033 | $175.80 | $199.90 | +578.65% |
| 2034 | $206.90 | $235.65 | +699.76% |
| 2035 | $245.20 | $252.20 | +755.12% |
| 2036 | $261.30 | $270.10 | +816.42% |
| 2037 | $278.40 | $289.35 | +881.59% |
| 2038 | $296.60 | $310.00 | +952.16% |
| 2039 | $316.00 | $332.00 | +1,027.12% |
| 2040 | $336.70 | $355.10 | +1,105.50% |
Roblox (RBLX) Stock Price Prediction & Forecast 2030
As we step into the next decade, Roblox’s stock forecast remains optimistic. For 2030, the mid-year stock price is projected to reach $106.60, with the year-end prediction standing at a robust $121.80. This signifies a growth of 313.53% from the base price of $29.46.
Roblox (RBLX) Stock Price Prediction & Forecast 2040
A decade later, in 2040, the forecast suggests that Roblox’s stock will have seen substantial growth. The mid-year price is anticipated to be $336.70, and by the end of the year, it’s expected to touch $355.10. This represents a growth of 1,105.50% from the initial stock price.
| Year | Mid-Year | Year-End | % Change |
|---|---|---|---|
| 2041 | $366.80 | $374.30 | +1,170.11% |
| 2042 | $386.90 | $395.00 | +1,238.27% |
| 2043 | $407.80 | $416.60 | +1,311.70% |
| 2044 | $429.40 | $439.20 | +1,389.20% |
| 2045 | $452.10 | $463.00 | +1,471.30% |
| 2046 | $472.90 | $485.00 | +1,547.35% |
| 2047 | $495.10 | $498.00 | +1,592.80% |
| 2048 | $510.00 | $524.60 | +1,679.10% |
| 2049 | $537.90 | $551.60 | +1,770.60% |
| 2050 | $566.80 | $580.90 | +1,867.90% |
Roblox (RBLX) Stock Price Prediction & Forecast 2050
Looking further ahead to 2050, Roblox’s stock price is projected to reach even loftier heights. The mid-year prediction is set at $566.80, with the year-end price potentially soaring to $580.90. This would mean a staggering growth of 1,867.90%. While making predictions this far in advance involves inherent uncertainties, Roblox’s continuous evolution, its potential to shape the future of online gaming, and its commitment to community-driven content might be the catalysts for such remarkable growth.
Significant Events Impacting Stock Price
Roblox Corporation’s stock trajectory has been influenced by a series of significant events and announcements. These events, both internal and external to the company, have played pivotal roles in shaping investor sentiment and the stock’s overall performance.
Earnings Reports
One of the most influential factors for any publicly traded company is its earnings reports. On August 9, 2023, Roblox’s stock experienced a significant decline of almost 8% in premarket trading. This drop was primarily attributed to the company’s second-quarter performance, which failed to meet market expectations for bookings. While earnings reports provide a snapshot of a company’s financial health, they also offer insights into its operational strategies and future prospects. In Roblox’s case, the company reported a substantial increase in losses, with a net loss of $283 million. This figure raised concerns about the company’s profitability and its ability to manage costs effectively.
Partnerships
Strategic partnerships can significantly impact a company’s stock price by opening up new avenues for growth and revenue. On July 12, 2023, a significant announcement came from Meta Platforms Inc., stating that Roblox’s virtual worlds would be accessible on their Quest VR headsets through an open beta version. This collaboration not only showcased Roblox’s expansion into new platforms but also highlighted its potential to tap into a broader audience, leveraging Meta’s extensive user base.
Content Updates
The nature of Roblox’s platform means that content updates can have a direct impact on user engagement and, by extension, its stock price. On June 20, 2023, Roblox made a significant move by announcing that eligible creators could now construct mature content experiences for users aged 17 and above. By targeting an older demographic, Roblox aimed to diversify its user base, potentially increasing its revenue streams from a segment that might have higher purchasing power.
Analyst Upgrades
Financial analysts play a crucial role in shaping investor sentiment. Their opinions, based on in-depth research and market understanding, can sway investment decisions. Following a strong earnings report, Roblox’s stock received two upgrades on May 11, 2023. Despite reporting a loss greater than anticipated, analysts expressed optimism regarding the company’s future strategies and growth potential.
Stock Decline Post Earnings
Earnings reports can sometimes lead to adverse reactions, especially if they don’t align with market expectations. On May 10, 2023, Roblox’s stock price plummeted by 12% during premarket trading. This sharp decline was a direct response to the announcement of increased losses during the first quarter. Such events underscore the weightage investors place on a company’s financial performance and its implications for future growth.
Roblox Stock 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.
Become a member
Get the latest news right in your inbox. We never spam!
Disclaimer: The projections 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.
