Roblox Corporation is a company that creates and maintains an online entertainment platform. It provides Roblox Client, an application that allows users to explore 3D digital environments, as well as Roblox Studio, a toolkit that enables developers and artists to build, publish, and operate 3D experiences and other content. Roblox Cloud, a solution that delivers services and infrastructure to support the human co-experience platform, is also provided by the firm. It has customers in the United States, Canada, Europe, Asia-Pacific, and other countries. Roblox Corporation was founded in 2004 and is headquartered in San Mateo, California.
Prices
Roblox Corporation shares will be worth $ 39.53 per share on August 2, 2023, according to our current RBLX stock forecast. Our technical indicators indicate that the present sentiment is Bearish, with the Fear & Greed Index reading 39 (Fear). Over the previous 30 days, RBLX stock has had 15/30 (50%) green days and 6.19% price volatility. According to our Roblox Corporation stock forecast, it’s now a bad time to buy RBLX stock because it’s trading 1.04% higher than what we predicted.
Under the base case scenario, the intrinsic value of one RBLX stock is $8.33 USD. Roblox Corp is 78% overvalued in comparison to the current market price of 37.91 USD.
AnalysisÂ
ON Daily Chart
- The Moving Averages Convergence Divergence (MACD) indicator for Roblox (RBLX) is 0.22, indicating that Roblox is a Buy.
- Roblox’s (RBLX) 20-Day exponential moving average is 41.64, and its share price is $37.91, indicating a Sell.
- Roblox’s (RBLX) 50-Day exponential moving average is 40.97, and its share price is $37.91, indicating a Sell.
On Weekly Chart
- The Moving Averages Convergence Divergence (MACD) indicator for Roblox (RBLX) is 0.58, indicating that Roblox is a Sell.
- Roblox’s (RBLX) 20-Day exponential moving average is 40.01, and its share price is $37.91, indicating a Sell.
- Roblox’s (RBLX) 50-Day exponential moving average is 41.55, and its share price is $37.91, indicating a Sell.
Indicators
- The Relative Strength Index (RSI) for Roblox (RBLX) is 50.18, indicating a Neutral signal.
- The Trend Strength Indicator (ADX) for Roblox (RBLX) is 18.84, indicating a Buy signal.
- The Commodity Channel Index (CCI) for Roblox (RBLX) is -17.99, indicating a Neutral signal.
- The Price Rate of Change (ROC) for Roblox (RBLX) is -0.65, indicating a Sell signal.
Prediction
Roblox Corporation shares will be worth $ 39.53 per share on August 2, 2023, according to our current RBLX stock forecast. Our technical indicators indicate that the present sentiment is Bearish, with the Fear & Greed Index reading 39 (Fear). Over the previous 30 days, RBLX stock has had 15/30 (50%) green days and 6.19% price volatility. According to our Roblox Corporation stock forecast, it’s now a bad time to buy RBLX stock because it’s trading 1.04% higher than what we predicted.
2025 Roblox Corporation Stock Prediction
The Roblox Corporation stock forecast for 2025 is now $ 34.07, assuming that Roblox Corporation shares will continue to increase at the same average annual rate as they have in the previous ten years. The RBLX stock price would rise by -14.71% as a result.
Stock Forecast for Roblox Corporation in 2030
If the Roblox Corporation stock continues to increase at its current 10-year average pace, it will be worth $ 22.89 in 2030. If this Roblox Corporation stock forecast for 2030 comes true, RBLX stock will increase by -42.70% from its present price.
