Expert Ratings For Roblox
Portfolio Pulse from Benzinga Insights
In the past three months, 17 analysts have rated Roblox (NYSE:RBLX), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 9.59% to $48.35. Analysts have raised their price targets, reflecting positive sentiment despite Roblox's financial challenges, such as a high debt-to-equity ratio and negative net margin.
October 22, 2024 | 5:01 pm
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Roblox has received a positive shift in analyst ratings, with an average price target increase of 9.59% to $48.35. Analysts have raised their price targets, indicating a bullish sentiment despite financial challenges like high debt and negative net margin.
The increase in average price target and the majority of analysts raising their ratings to 'Overweight' or 'Buy' suggest a positive short-term outlook for Roblox. This is despite the company's financial challenges, indicating that analysts believe in its growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100