This group has a Zacks Industry Rank of 65, putting it in the top 26% of all 250+ industries. The Gaming industry is part of the Consumer Discretionary sector. Roblox is currently a Zacks Rank #3 (Hold). Within the past 30 days, our consensus EPS projection has moved 2.92% lower. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988.

To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.īased on our research, we believe these estimate revisions are directly related to near-team stock moves. These revisions typically reflect the latest short-term business trends, which can change frequently. Investors should also note any recent changes to analyst estimates for Roblox. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $888.49 million, up 15.37% from the year-ago period. On that day, Roblox is projected to report earnings of -$0.55 per share, which would represent a year-over-year decline of 120%.

This is expected to be February 15, 2023. Wall Street will be looking for positivity from Roblox as it approaches its next earnings report date. In that same time, the Consumer Discretionary sector gained 8.45%, while the S&P 500 gained 5.64%. Elsewhere, the Dow gained 0.78%, while the tech-heavy Nasdaq lost 4.94%.Ĭoming into today, shares of the online gaming platform had gained 26.71% in the past month. This move lagged the S&P 500's daily gain of 1.29%. Roblox (RBLX) closed at $38.67 in the latest trading session, marking a -0.82% move from the prior day.

Roblox stock market