Roblox Stock (RBLX) Eyeing $135 Resistance Ahead of Earnings – What To Expect

Roblox (NYSE: RBLX) is capturing markets' attention as it edges closer to the $135 resistance level, currently trading at $134, a 1.7% increase on the day. With a remarkable year-to-date gain of 127,67%, the gaming platform giant is demonstrating significant momentum, but several factors, including legal challenges and safety concerns, could influence its trajectory in the lead-up to its next earnings report.

EPS losses are expected to have widened Y/Y from 37 cents to 51 cents per share. Revenue however is expected to have soared to $1.69billion, for a 49.95% Y/Y growth rate. Revenue for FY26 is currently projected to grow 24%, with an EPS of -$1.37. 

The stock's recent performance paints a bullish picture. Over the past year, RBLX has delivered a stellar 214% return, significantly outperforming both its sector peers and the broader S&P 500. This impressive growth is further supported by its current price comfortably sitting above both its 50-day ($129.48) and 200-day ($92.80) SMAs, indicating a sustained positive trend.

However, Roblox's journey hasn't been without its challenges. The company has faced scrutiny over platform safety, highlighted by a lawsuit filed by the State of Louisiana in August. The lawsuit alleges that Roblox allowed child predators to exploit its predominantly under-18 user base, causing a nearly 16% stock decline from its July peak. 

Despite these headwinds, some analysts have reaffirmed their positive outlook. 

Roblox's Q2 2025 financial results revealed a 21% year-over-year revenue increase to $1.08 billion and a 41% surge in daily active users to 111.8 million. While the company reported a net loss of $279.8 million, its strong financial position and user engagement metrics have bolstered investor confidence. The company's ability to monetize its vast user base remains a key factor in its long-term success.

As Roblox approaches earnings, markets will be closely monitoring key metrics such as user growth, engagement levels, and no doubt commentary on progress in addressing safety concerns. The company's ability to demonstrate continued growth while mitigating risks will be crucial in determining whether it can sustain its upward momentum and break through the $135 resistance level.