Roblox Is at Its Cheapest Valuation Since 2021. BTIG Makes the Case for Staying Long

Roblox Is at Its Cheapest Valuation Since 2021. BTIG Makes the Case for Staying Long

Quick Read BTIG trimmed its Roblox (RBLX) price target to $122 from $141 while maintaining its Buy rating, arguing that the stock’s 30% year-to-date decline has reset its valuation to the cheapest level since 2021 coverage began. For long-term investors, Roblox’s engagement headwinds from Russia bans and age-check rollouts present a near-term friction point, but the platform’s structural growth story remains compelling at current valuations gi…