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Stock impact report

Wells Fargo and TD Cowen Cut Roblox (RBLX) Price Targets [Yahoo! Finance]

Roblox Corporation Class A (RBLX) 
Company Research Source: Yahoo! Finance
Roblox Corporation (NYSE:RBLX) from $141 to $107 but kept its Overweight rating. The firm expects the company's December bookings growth to be in the mid-30% range, down from the previous high-60% growth seen in October and November. Looking ahead, Wells Fargo forecasts Roblox Corporation (NYSE:RBLX) to guide full-year 2026 bookings between $7.85 billion and $8.0 billion, which would represent growth of about 19% to 21%. The research firm pointed out that bookings growth throughout 2026 is likely to be “highly variable,” with the strongest growth expected in the first quarter. Earlier, on January 6, TD Cowen also lowered its price target on Roblox Corporation (NYSE:RBLX) from $77 to $70 and kept its Sell rating. The firm's analyst, Doug Creutz, pointed to slowing user engagement throughout December. Creutz noted that in December, year-over-year growth in hours spent fell to 74%. This compares with 99% growth in November and 110% growth in October. In the final week of December, Show less Read more
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