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BTIG cuts Roblox price target to $122 but keeps Buy rating, seeing a value reset as a buying opportunity.

Analyst Insights
01 Apr 2026
24/7 Wall Street
View Source
Bullish
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BTIG lowered its price target for Roblox from $141 to $122 due to challenges like the Russia ban and a slight drop in daily active users. Despite these near-term issues, BTIG maintains a Buy rating, viewing the current share price as an attractive entry point given Roblox's long-term growth potential and lowest forward valuation since 2021. Roblox's platform continues to grow with strong user engagement and revenue, though it faces short-term headwinds like engagement dips and increased capital expenses. The stock remains speculative but promising for long-term investors seeking growth exposure in gaming.

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