Roblox Corp (RBLX) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Roblox Corp stock $44.31, price $47.65, that is 7.0% below the price, quality 40 out of 100. Rating: fairly valued. Calculated from audited financials with 7 of our 26 valuation models and 37 quality factors, updated daily.
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
The stock costs about what our calculation considers fair.
Generates free cash flow
Revenue last quarter +16% vs. a year ago.
Fair value $44.31 · Fairly valued (−7.0%)
Quality 40/100
Mixed Growth(revenue 5y +39.6 %/yr in USD)
Negative equity (buybacks among others)
Neutral coverage
Insiders sold $15.7M (6M)
Loss-making · -16.5% net margin (TTM)
Trails peers(1/9)
Narrow moat15/100 · thin data
Thin data
Risks from the AI analysis
🚩New AI tools enabling instant game building by non-coders🚩Generative AI tools could bypass Roblox platform🚩Child safety rules could raise costs and limit features🚩Epic’s UEFN could draw creators to Fortnite ecosystem
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $23.19 – $141.56 · fair‑value band $23.50 – $62.46 · the $47.65 price screens above the $44.31 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
Follow Roblox in your weekly email
Every Wednesday you see whether Roblox is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Roblox Corporation operates an immersive platform for connection and communication in the United States and internationally.
Show moreShow less
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.
Stock analysis
Roblox Corp (RBLX) currently trades at $47.65, while our model-based Fair Value estimate is $44.31, so the stock looks roughly fairly valued today (gap 7.5%).
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $44.31 per share, and 1 of the 7 models we run sit above the $47.65 price.
Bear case: the Multiples group reads lowest at $21.21, and 6 of the 7 models stay below the price. Data coverage for this calculation is low.
Scenario range: $23.50 (bear) to $62.46 (bull), the price of $47.65 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 40/100 (below-average quality), in the Communication Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Roblox Corp reported revenue of $4.9B in FY2025 versus $1.9B in FY2021, a compound +26.3%/yr. Reported net income was −$1.1B in FY2025.
Key figures
Market cap $34.2B Large · P/S ratio 5.20 · EPS (TTM) $−1.37 · Net margin −16.5% · Return on equity −540% · Return on assets (EBIT) −15.2% · Operating margin −14.9% · Revenue (TTM) $5.9B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 15 out of 100 (low confidence).
What moves the price
The share trades about 55% below its 52-week high and 34% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 86% fair-value upside, at −7%, RBLX screens richer than that median.
Fair Value models
Bear$23.50Fair Value $44.31Bull$62.46
Price $47.65 · Downside -7.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 8 officers or directors sold shares worth $15.7M and none bought.
SaleGregory BaszuckiDirector9× since Feb 27, 2026: 149,994 shares, avg. $49.17$7.4MNov 3, 202610b5-1 plan
SaleMark ReinstraChief Legal Off. & Corp. Sec.12× since Nov 20, 2025: 215,789 shares, avg. $60.48$13.1MOct 5, 2026
SaleAndrea L WongDirector2× since Feb 24, 2026: 1,125 shares, avg. $53.54$60,228Aug 31, 2026
SaleAmy Marie RawlingsChief Accounting Officer6× since Nov 20, 2025: 14,060 shares, avg. $55.39$778,802Aug 25, 2026
SaleSean Jack BuckleyChief People & Systems Officer4× since May 20, 2026: 20,338 shares, avg. $42.11$856,447Aug 24, 2026
SaleDavid BaszuckiPresident & CEO, Director, 10% owner8× since Nov 11, 2025: 597,571 shares, avg. $72.83$43.5MAug 20, 2026
SaleNaveen K. ChopraChief Financial Officer4× since Nov 20, 2025: 66,510 shares, avg. $61.06$4.1MAug 20, 2026
SaleMatthew D KaufmanChief Safety Officer7× since Nov 6, 2025: 114,713 shares, avg. $67.32$7.7MAug 20, 2026
SaleArvind ChakravarthyChief People & Systems Officer3× since Nov 20, 2025: 138,220 shares, avg. $71.99$10.0MFeb 20, 2026
SaleAnthony P LeeDirector3× since Dec 1, 2025: 132,000 shares, avg. $86.38$11.4MJan 13, 202610b5-1 plan
Plus 14 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+35.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+30.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+39.6%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+47.3%
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−28.8% (2020) → −25.2% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Price in line with expectations
The price assumes less growth than the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+14.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+16.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +12.0% a year for the price and +13.5% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (100 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Neutral
Recent news coverage is roughly neutral, about typical for how stocks are covered.
AI conclusion: The business shows strength in expanding distribution with standalone apps and a creator wallet for faster payouts yet remains limited by persistent net losses and thin evidence of a durable moat.
Main risk: Generative AI tools could let non-coders build and host games outside Roblox, reducing the need for its creator ecosystem and distribution.
Bull case: Roblox could integrate external AI advances into its own tools and expand standalone distribution to retain creators and users across more channels.
Bear case: Widespread adoption of rival AI creation tools combined with stricter safety mandates could fragment the creator base and cap user engagement on the core platform.
Roblox is expanding distribution with standalone apps and in-browser play while rolling out a creator wallet for faster payouts. At the same time new AI tools from Google and Unity let non-coders build games instantly. Will these moves lock in more creators on the platform or speed up the move to open alternatives that bypass it entirely?
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronic Gaming & Multimedia · 162 stocks
Beats the industry median on 1/9 measures
Overall it trails its industry peers.
Valuation
Quality Score40 · Bottom 25%
Fair Value upside−7.0% · Below median
Profitability
Return on equity (12 months)Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets−11.1% · Bottom 25%
Net margin (12 months)−16.5% · Below median
Operating margin (12 months)−14.9% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)15.6% · Above median
Balance sheet
Debt / equityNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/BNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/S (12 months)5.79× · Priciest 25%
Price / free cash flow (fiscal year)25.3× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Roblox Corp Fair Value". https://www.fairvalue-calculator.com/stock/RBLX
Frequently asked questions
Is Roblox Corp (RBLX) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $44.31 versus a price of $47.65, about 7% lower (fairly valued).
What is the fair value of RBLX?
Our model-based fair value for Roblox Corp is $44.31 (as of Nov 6, 2026), built from audited fundamentals. The current price: $47.65.
What is the quality score of RBLX?
Roblox Corp has a Quality Score of 40/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Roblox Corp (RBLX)?
Our model-based price target is the fair value of $44.31 (as of Nov 6, 2026) from 7 valuation models. Cautious scenario $23.50, optimistic scenario $62.46. It is a calculation from audited fundamentals, not an analyst target.
What is the Roblox Corp stock forecast for 2026?
Our models put fair value at $44.31, about 7% lower versus a price of $47.65 (fairly valued). Cautious scenario $23.50, optimistic scenario $62.46. The calculation is refreshed regularly with new filings.
What is the revenue of Roblox Corp (RBLX)?
Roblox Corp reported trailing-twelve-month revenue of about $5.9B (latest available figure, as of Nov 6, 2026).
What growth is priced into Roblox Corp (RBLX)?
For today's price to be fair in a discounted-cash-flow model, Roblox Corp would have to grow free cash flow by +14.7 % per year for five years (discount rate 10.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +39.6 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of RBLX use?
Our models discount Roblox Corp at 10.5 %: a base by market capitalisation (large), damped by beta 1.53, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Roblox Corp that is +14.7 % per year a year over ten years, using the same discount rate (10.5 %) and the same formula as our fair value.
How much growth has Roblox Corp (RBLX) delivered so far?
Over the past 5 years revenue at Roblox Corp grew +39.6 % a year. The price currently implies +14.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Roblox Corp (RBLX) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Roblox Corp (+14.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Roblox Corp (RBLX)?
The free-cash-flow yield on the price is 3.96 %: that much free cash flow Roblox Corp produces per unit of market value. When it exceeds the discount rate of our models (10.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Roblox Corp (RBLX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Roblox Corp it is $44.31 per share (as of Nov 6, 2026), against a price of $47.65. It is the blended result of 7 valuation models (cash flow, earnings, asset, dividend).
Is Roblox Corp stock overvalued or undervalued in 2026?
As of Nov 6, 2026, RBLX trades above its calculated fair value: price $47.65, fair value $44.31, a gap of about −7% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of RBLX?
No. The price is what the market pays today ($47.65); the fair value is what the company's own numbers justify ($44.31). For Roblox Corp the two are $3.34 per share apart. That gap is exactly why we show both numbers side by side.
How much is Roblox Corp worth?
The market values Roblox Corp at about $34.2B (market capitalisation, as of Nov 6, 2026). Per share that is $47.65; our models calculate a fair value of $44.31 per share.
What do the bullish and bearish scenarios say about RBLX?
Our models span a range for Roblox Corp: cautious scenario $23.50, base $44.31, optimistic $62.46 per share (as of Nov 6, 2026, price $47.65). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of RBLX?
The PEG ratio of Roblox Corp is 8.18 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Roblox Corp (RBLX)?
Balance-sheet figures for Roblox Corp (as of Nov 6, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 40/100, which measures business quality independently of the share price.
How far is RBLX from its 52-week high?
Roblox Corp trades at $47.65, about 55% below its 52-week high of $106.84 and 34% above the low of $35.54 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of $44.31 is for.
Which stocks are comparable to Roblox Corp?
From the same area (Communication Services) we also value NetEase, Inc, Take-Two Interactive Software, Inc, Zhejiang Century Huatong Group, CD Projekt S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Roblox Corp stock attractive at the current price?
The data as of Nov 6, 2026: price $47.65, calculated fair value $44.31 (−7%), Quality Score 40/100, from 7 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of RBLX calculated?
We run Roblox Corp through 7 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $44.31, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Roblox Corp itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Roblox Corp (RBLX)?
The closing price on Nov 5, 2026 was $47.65. Our model-based fair value is $44.31, about 7% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Roblox Corp right now?
The model range is unusually wide ($23.50 to $62.46). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits close to our fair value, market and models broadly agree here, little valuation tension. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Roblox Corp
How large is the market capitalisation of Roblox Corp (RBLX)?
The market capitalisation of Roblox Corp is $34.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Roblox Corp (RBLX)?
The price-to-sales ratio of Roblox Corp is 5.20 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Roblox Corp (RBLX)?
Earnings per share at Roblox Corp are $−1.37. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Roblox Corp (RBLX)?
The net margin of Roblox Corp is −16.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Roblox Corp (RBLX)?
The return on equity (ROE) of Roblox Corp is −540% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Roblox Corp (RBLX)?
On an EBIT basis the return on assets of Roblox Corp is −15.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Roblox Corp (RBLX)?
The operating margin of Roblox Corp is −14.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Roblox Corp (RBLX)?
Revenue at Roblox Corp is growing +15.6% versus a year earlier (3y avg +30.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net debt does Roblox Corp (RBLX) carry?
The net debt of Roblox Corp is $431M (fiscal year 2025, ≈ 0.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Roblox Corp in the live analysis
One click puts Roblox Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 6, 2026