BTIG lowered the firm’s price target on Roblox (RBLX) to $122 from $141 but keeps a Buy rating on the shares. The firm is reducing its estimates to reflect the Russia ban and a slight sequential decline in total daily active users from the churn of low-and-no-spent active users onboarded during the spring and summer of 2025 viral hit cycle, the analyst tells investors in a research note. BTIG adds however that Roblox shares now trade at the lowest forward multiple seen since the firm started covering the stock in 2021.
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