Correction-BUZZ-Jefferies downgrades Roblox rating to "Underperform"; shares drop 3%
路透社2026/09/28 08:46Corrected headline and first key point: share price down 3%, not 1.5%
September 28 - ** Gaming platform Roblox (RBLX.N) shares fell 3% in premarket trading to $44.93
** Jefferies downgraded the stock from "Hold" to "Underperform"
** The firm said: “Although we are positive on RBLX’s focus on expanding the platform to support new game types and the 18+ user base, we believe it will take longer and cost more than the market expects for user growth and bookings improvements in the U.S. and Canada.”
** Jefferies added that recent viral games, such as 'Steal an Egg', are unlikely to bring incremental users to the platform
** Thirty-eight analysts on average rate the stock "Hold"; median price target is $47—data compiled by LSEG
** As of yesterday's close, the stock is down about 43% for the year
(To assist non-English speakers, Reuters has automated translations of its reporting into several other languages. As automated translation may contain errors or may not capture the required context, Reuters does not guarantee the accuracy of automated translations and provides them for reader convenience only. Reuters accepts no liability for any damages or losses arising from the use of automated translation.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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