BTIG reduced its price target for Roblox Corp. to $141 from $174. The firm maintained a Buy rating ahead of the company's February 5 earnings report.
The revision reflects concerns over "bifurcating engagement and monetization headwinds." Specifically, BTIG cited declining concurrent users, suggesting weaker user trends.
Despite these engagement issues, the firm noted healthier payer and monetization trends. This led to a slight increase in its fourth-quarter 2025 bookings estimate.
BTIG also raised its 2026 bookings forecast. The firm anticipates a more modest impact from age verification processes than previously expected.