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Roblox Corp (RBLX)

Fair Value
Communication ServicesElectronic Gaming & MultimediaUnited States

Fundamental

41

Price

$42.37

Market Cap

$29.90B

Part 1 · What the company is worth

Overview

Roblox Corporation operates an immersive platform for connection and communication in the United States and internationally. It offers Roblox Client, an application that allows users to explore immersive experience; Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate immersive experiences and other content; and Roblox Cloud, which provides services and infrastructure that power the platform. Roblox Corporation was incorporated in 2004 and is headquartered in San Mateo, California.

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Direct competitors

Who this company fights with for the same customers

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No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$5.69B

Trailing 12 months (through 6/30/2026)

Net Income

$-1.00B

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$1.36B

Total Equity

$394M

Total Liabilities

$9.18B

Current Ratio

0.82

Interest Coverage

29.13

Debt/EBITDA

-

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseFairly Valued

Fair Value

$38.80

Current Price

$42.37

Margin of Safety

-9.2%

Fair Value Range

$27.43 - $50.18

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$48.97
Discounted cash flow (DCF):$26.08
Earnings multiple (P/E):Not enough data to compute it
Graham growth formula:Not enough data to compute it
Earnings power value (EPV):Not enough data to compute it
Justified P/B:Not enough data to compute it
Dividend discount (Gordon):Not enough data to compute it
P/FFO, funds from operations:Not enough data to compute it
Mid-cycle earnings:Not enough data to compute it
Revenue multiple:$16.30
Analyst Consensus:Buy (23B / 19H / 2S)
Last Earnings Surprise:+25.88%

Valuation Metrics

P/E Ratio

-

ROE

-270.3%

P/B Ratio

199.11

P/FCF

18.40

Gross Margin

78.9%

ROIC

-22.0%

Profitability Radar

Value Creation (Economic Moat)

ROIC

-22.0%

WACC

11.8%

ROIC − WACC

-33.8 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental Analysis Criteria

Passed (11)

  • Gross Margin 78.9%
  • P/FCF 18.40
  • Positive Free Cash Flow
  • Current Ratio
  • Interest Coverage
  • Low reliance on intangibles
  • Revenue Growth 5Y 39.6%
  • Analyst Consensus 52% Buy
  • Earnings Surprise avg 23.8%
  • Net Margin Trend -17.6% vs -23.7%
  • Piotroski F-Score 6/9

Failed (11)

  • EPS shows upward trend
  • Price CAGR -15.10%
  • ROIC -22.0%
  • P/B Ratio 199.11
  • Debt/Equity ratio
  • Operating Margin -20.7%
  • CapEx intensity
  • Return on Tangible Assets
  • DCF valuation (Overvalued)
  • ROE -288.8%
  • Share Dilution 6.5%

Unavailable (5)

  • Dividend Payout NaN%
  • Debt/EBITDA
  • Price below Graham Number
  • PEG Ratio (need PE > 0 and growth > 0)
  • Earnings Quality (OCF/Net Income)

Piotroski F-Score

6/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

-

Low quality: investigate accounting

Share Dilution

6.5%

Issuing new shares, diluting ownership

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. David BaszuckiFounder, President, CEO & Chairman of the Board60
Mr. Naveen K. ChopraChief Financial Officer51
Mr. Mark L. Reinstra J.D.Chief Legal Officer & Corporate Secretary59
Mr. Matt KaufmanChief Safety Officer54
Ant van RensburgSenior Vice President of Strategy & Operations-
Ms. Amy Marie RawlingsChief Accounting Officer40
Mr. Jaime Sue Morris C.F.A., CPAHead of Investor Relations-
Ms. Desiree FishChief Communications Officer-
Mr. Jerret WestChief Marketing Officer-
Dr. Sean P. BuckleyChief People & Systems Officer52

Audit Risk

5

Board Risk

7

Compensation Risk

10

Shareholder Rights Risk

10

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-02-11

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-07-30

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-07-30

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for RBLX, sourced from Markets Gazette.

  • 17d agoPOSITIVE
    Perché Wedbush e BofA hanno emesso note rialziste su Roblox oggi

    Roblox Corporation (RBLX) shares are experiencing a significant surge on September 14, 2026, following bullish analyst notes from Wedbush and Bank of America Securities, both raising their price targets to $48. This positive sentiment is further fueled by optimism surrounding platform algorithm modifications revealed at the recent RDC event. The stock has now surpassed its 100-day moving average, indicating potential for sustained upward momentum. Despite a year-to-date decline of approximately 35%, these analyst upgrades offer a much-needed boost, suggesting a potential turnaround for investors.

  • 6/16/2026POSITIVE
    Roblox Goes All-In On Child Safety With New Age-Based Accounts Worldwide

    Roblox Corporation's stock (RBLX) surged by nearly 6%, outperforming the broader technology sector following the global rollout of its new age-based account safety features. This proactive approach to child safety, a critical concern for parents and regulators, is being interpreted by the market as a significant positive development. The move aims to enhance user experience and trust, potentially attracting a wider demographic and solidifying its market position. Investors are viewing this as a strategic enhancement that could mitigate regulatory risks and foster long-term user engagement, signaling a potential trend reversal for the stock.

  • 5/21/2026POSITIVE
    Roblox Stock Edges Higher Thursday: What's Driving The Move?

    Roblox Corp. saw its stock price edge higher on Thursday following the announcement of its first-ever share repurchase program. This move is designed to offset potential dilution from stock-based compensation and signals strong confidence in the company's financial health and future prospects. The buyback authorization is a positive indicator for investors, suggesting management believes the stock is undervalued and aims to enhance shareholder value. This strategic financial maneuver could lead to increased demand for RBLX shares.

  • 5/19/2026POSITIVE
    Roblox Stock Rises After The Close: Here's Why

    Roblox Corp. shares experienced a notable surge in after-hours trading following the company's announcement of a new share repurchase program. This strategic move signals management's confidence in the company's intrinsic value and its commitment to returning capital to shareholders. Share buybacks reduce the number of outstanding shares, potentially increasing earnings per share and boosting the stock price. Investors often view such programs favorably as they can indicate a company's financial health and its ability to generate excess cash flow, potentially leading to further positive price action.

  • 5/19/2026NEGATIVE
    Roblox Stock Slips Tuesday: What Investors Need To Know

    Roblox Corp. shares experienced a decline on Tuesday, reflecting ongoing market adjustments after the company's recent guidance reset. This downward price action indicates that investors are reassessing the company's future revenue and growth prospects based on the revised outlook. The market's reaction suggests a lack of confidence in the new guidance, potentially due to lowered expectations for user engagement, monetization, or expansion plans. Investors are advised to monitor future updates for signs of stabilization or further downward pressure.

  • 5/18/2026POSITIVE
    Roblox Shares Surge Monday: What's Driving The Move?

    Roblox Corp. shares experienced a significant surge on Monday, indicating a positive market reaction following a period of debate surrounding the company's recent guidance reset. Investors appear to be re-evaluating the stock's valuation after the adjustments, suggesting renewed confidence in Roblox's future prospects. This upward movement implies that the market has absorbed the updated guidance and is now pricing in a more optimistic outlook for the company's performance. The surge suggests that the concerns or uncertainties that led to the guidance reset may be subsiding, or that the revised outlook is viewed favorably.

  • 5/1/2026NEGATIVE
    Roblox had a child-safety problem. Now it has a revenue problem.

    Roblox Corporation has revised its annual revenue forecasts downwards, citing a significant impact from newly implemented age-verification programs. The company stated that these initiatives have led to a noticeable decline in user engagement, which directly affects its revenue streams. This development raises concerns for investors regarding Roblox's ability to balance user safety measures with its growth objectives and monetization strategies. The market will be closely watching for any signs of recovery in engagement metrics and revenue performance in the coming quarters.

via Markets Gazette