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How to Buy Roblox Stock

Roblox Corp

Roblox is a electronic gaming & multimedium company located in California, United States, which is part of the Communication Services sector, and is traded under the ticker RBLX on the NYSE exchange.

Roblox stock last closed at $41.28, up 0.41% from the previous day, and has decreased 7.15% in one year. It has underperformed other stocks in the Electronic Gaming & Multimedia industry by 0 percentage points. Roblox stock is currently +65.92% from its 52-week low of $24.88, and -12.54% from its 52-week high of $47.20.

As of Jul 16, 2024, there are 640M shares of RBLX outstanding. The market capitalization of RBLX is $26.42B. In the last 24 hours, 4.61M RBLX shares were traded.

How to Buy Roblox Stock

Not sure how to invest in Roblox stock? Here's how.
  1. Figure out where to buy Roblox stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Roblox stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Pick your method of payment and add your information.
  4. Evaluate Roblox stock: The Roblox ticker symbol is RBLX. Is Roblox stock a good investment? Should you buy shares of RBLX? How do RBLX's underlying business fundamentals look? Do top analysts think Roblox is a good buy? Why has RBLX's stock price moved recently? (Hint: Our stock market research tools can help you understand if RBLX is a good stock to buy).
  5. Place your RBLX buy order: Decide if you will purchase RBLX shares at the current market price or use a limit order to buy RBLX stock at a specific price.
  6. Get notifications regarding your RBLX investment: Create a watchlist to monitor your new investment in Roblox shares.

Step 1: Figure out where to buy Roblox stock

You will need an online brokerage account to access the NYSE market and buy RBLX stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to world markets: From Tech to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your share purchase by creating an account with eToro now.

Open eToro Account
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Step 2: Create a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal info so you are able to invest in RBLX today.

How to Create a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal data to open a new trading account.
  1. Submit your data by hitting the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your brokerage account

Now that you've opened your account on a good stock buying app, you need to deposit funds:

Check out the tutorial below for more details transferring funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Roblox stock

After you have decided on the best place to buy Roblox stock, it's important to evaluate their stock before you invest, so you truly understand the risk as well as the opportunity.

Roblox shares quick numbers

RBLX Price
$41.28
1w %
4.8%
1y %
-7.15%
5y %
N/A
P/E
-22.19x
P/B
368.98x
P/S
8.9x
PEG
N/A
Revenue
$2.95B
Earnings
-$1.15B
Fore. Rev. Growth
24.36%
Fore. Earn. Growth
N/A
Market Cap
$26.42B
Next Earnings
Aug 7, 2024
Next Dividend
N/A

RBLX Zen Score

WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis.

You can see all of the due diligence checks on RBLX's stock page.

Is RBLX stock properly valued?

You can use many financial metrics, analyses, models, and charts to gauge RBLX's fair value.

Using relative valuations metrics:

  • RBLX could be overvalued based on its P/B ratio of 368.98x, relative to Electronic Gaming & Multimedia industry P/B ratio of 4.64x

You can access additional valuation research on RBLX's stock here.

RBLX Financial Health Overview

Positive Financial Indicators:

  • There are more short-term assets than long-term liabilities on the RBLX balance sheet.
  • RBLX's operating cash flow of $523.35M allows it to safely service it's debt of $1.70B.
  • There are more short-term assets than short-term liabilities on the RBLX balance sheet.

Negative Financial Indicators:

  • RBLX has a relatively high debt to equity ratio of 87.32.
  • RBLX earnings of -$1.11B is not sufficient to cover its interest payments.
  • RBLX profit margin has gone up by 0.05 percentage points in the past year, but the company is still unprofitable.

Do analysts think it's a good time to buy Roblox stock

Out of 19 sell side analysts who research RBLX, the consensus analyst rating on RBLX is a Buy

Please note that analyst ratings are not stock recommendations, nor are they investment advice.

Most Recent RBLX Analyst Forecasts

Brian Pitz, a top 21% analyst from BMO Capital reiterates RBLX with a buy rating and lowers their RBLX price target from $57.00 to $56.00, on May 13, 2024.

Ross Sandler, a top 9% analyst from Barclays maintains RBLX with a hold rating and lowers their RBLX price target from $46.00 to $35.00, on May 10, 2024.

Jason Tilchen, a top 43% analyst from Canaccord Genuity maintains RBLX with a strong buy rating and lowers their RBLX price target from $56.00 to $48.00, on May 10, 2024.

Clark Lampen, a top 16% analyst from BTIG maintains RBLX with a strong buy rating and lowers their RBLX price target from $54.00 to $46.00, on May 10, 2024.

Clay Griffin, a top 30% analyst from Moffett Nathanson upgrades RBLX to a hold rating and lowers their RBLX price target from $31.00 to $26.00, on May 10, 2024.

You can dive deeper into what analysts are projecting on the Roblox stock forecast page.

Metrics for Advanced RBLX Traders

SMA10
39.39
SMA20
37.84
SMA50
35.78
SMA100
36.98
SMA200
37.67
MACD
1.43
MACD Signal
1.09
MACD Histogram
0.34
RSI
71.18
Stochastic %K
94.96
Stochastic %D
90.19
StochRSI %K
84.67
StochRSI %D
75.5

RBLX Performance Numbers

Last year, RBLX revenue was $2.95B. Over the last 3 year, RBLX's revenue has increased by 116.04% per year. This was faster than the Electronic Gaming & Multimedia industry average of 30.58%.

Dig into RBLX's earnings and revenue performance here.

What are RBLX executives and large shareholders up to?

Over the last 12 months, executives and large shareholders at RBLX have sold more shares than they have bought.

Michael Guthrie, Chief Financial Officer of RBLX, was the latest RBLX insider to sell. They sold $1,134,660.00 worth of RBLX shares on Jul 5, 2024.

Dig into more about who owns RBLX stock here.

Does RBLX provide a stable income stream?

No, Roblox doesn't provide an income stream by paying out dividends.

RBLX Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Place your RBLX buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price, place a limit order.

Press the Open button and your broker will execute your order.

If you require additional help with buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Get notifications regarding your RBLX investment

Now that you own some RBLX stock, you'll want to keep up with your investment.

Put RBLX on a watchlist to track your RBLX stock.

RBLX Feed

How to Buy Stock in Roblox

To summarize, here are the 6 steps to buy Roblox stock:

  1. Figure out where to buy Roblox stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Roblox stock
  5. Place your RBLX buy order
  6. Get notifications regarding your RBLX investment

If you require a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Roblox, add RBLX to your watchlist by clicking the button below.

NYSE: RBLX
$41.28+0.17 (+0.41%)
Updated Jul 16, 2024
Open eToro Account
NYSE: RBLX
$41.28+0.17 (+0.41%)
Updated Jul 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one Roblox share?

As of Jul 16, 2024, it costs $41.28 to buy one share of Roblox stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.242 shares of RBLX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Roblox stock?

According to 19 Wall Street analysts who monitor Roblox, their consensus recommendation is to buy Roblox stock.

What is the best way to buy Roblox stock?

One way to place an order for Roblox stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.