Morgan Stanley analyst Matthew Cost has revised the firm's price target for Roblox (RBLX, Financial), reducing it from $75 to $70, while maintaining an Overweight rating on the stock. This adjustment comes as part of a broader reevaluation of the firm’s estimates for its North American internet stock portfolio. The revision reflects anticipated challenges in the sector, including macroeconomic conditions and tariff-related impacts that could affect e-commerce and digital advertising.
Despite the lowered price target, the Overweight rating suggests a continued optimism about Roblox’s potential for growth compared to other stocks within the same sector. This adjustment indicates Morgan Stanley’s cautious approach in light of current economic trends, while still recognizing Roblox's strategic positioning in the market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 30 analysts, the average target price for Roblox Corp (RBLX, Financial) is $66.64 with a high estimate of $83.00 and a low estimate of $30.00. The average target implies an upside of 12.77% from the current price of $59.09. More detailed estimate data can be found on the Roblox Corp (RBLX) Forecast page.
Based on the consensus recommendation from 33 brokerage firms, Roblox Corp's (RBLX, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Roblox Corp (RBLX, Financial) in one year is $79.92, suggesting a upside of 35.25% from the current price of $59.09. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Roblox Corp (RBLX) Summary page.
